Bityard's Risk Management for Traders1.Prohibited Items for Traders(1)Traders are prohibited from using multiple accounts to get profit shares by sharing trading activity.
(2)Traders are prohibited from plagiarizing the orders of other traders in any way such as copying other trader's trading strategy.
(3)Traders are not allowed to conduct ultra-short-term transactions.
(4)Traders shall not publish any bad opinions that slander or damage Bityard's reputation.
(5)Traders are forbidden to use multiple accounts for pair trading. Once discovered, they will be permanently disqualified from being Bitget traders.
(6)In order to protect the interests of followers, traders are not allowed to display, disclose or imply social accounts or contact information in information display places such as nicknames and personal profiles.
(7) Traders must not perform malicious operations, including but not limited to malicious transactions that increase the number of followers or qualifications.
2.Relevant restrictions will be enforced depending on the severity of the cases.(1)Warning
(2)Reduce the weight of the community rankings
(3)Reduce your max. trading leverage or the max. trading volume of all your followers
(4)Disqualification from the copy trader list
(5)Confiscation of the profit share earned from the violation trading
Special note: The system will detect accounts based on an automatic recognition algorithm. Thus, there may be misjudgments. If you do not agree with the decision of the platform, you can contact Bityard customer support to appeal.
3. Traders need to be aware of the following :(1)Affected by the time-consuming of the system or market factors, there may be situations in which the time and price between traders' order and followers' copy trade is not synchronized.
(2)The relationship with the already-followed traders may be cancelled due to modification of the copy trade function or resource optimization.
(3)The platform has the right to adjust the design of the Copy Trading community rules in accordance with the development direction of the community, including the ratio, the leverage limit , the number of followers, the copy trade-related products.
(4)The platform for outstanding matters reserves the right of final interpretation.
Source:
Bityard