Bitget TraderPro season 2: Mainstream coin trading challenge – Process and rules
Bitget
2024-04-15 07:00
Related reading: What is Bitget TraderPro?
I Eligibility and registration time
1. You must not be an elite trader.
2. You must participate with your main account.
3. Registration is open from April 18, 2024, to May 17, 2024, lasting for a total of 30 days.
II Registration process
1. Use the Start Challenge button on the Bitget TraderPro homepage to register.
2. Enter your Telegram account information and application reasons, ensuring that the information provided is correct.
3. Upon approval, you will receive a site message and a pop-up notification. Please be patient as we configure your demo account.
4. After successful participation, you will receive an email, an on-site message, or a pop-up notification with a reminder to join the Telegram group. You can join the Telegram group to get updates and notifications in a timely manner.
III Bitget TraderPro project process
Phase 1: Bitget TraderPro challenge
Upon successful registration, you will enter the Bitget TraderPro challenge phase and receive a demo account with an initial fund of 10,000 USDT. This season's mainstream coin trading challenge only supports opening positions in btcusdT and ETHUSDT.
1. How do I get started?
a. Use the Start Challenge button on the landing page (https://www.bitget.com/copy-trading/traderpro) to get started.
b. Switch accounts from your Profile on the trading page.
2. What are the trading goals?
| Indicator |
Requirement |
| Trading days |
Trade for at least 15 days |
| Daily profit |
At least 10 days with a daily profit greater than $0 |
| Cumulative PnL |
At least 25% for 48 consecutive hours |
| Order quantity |
At least 60 orders with no final open interest orders (both opening and closing positions are counted) |
3. What are the trading rules?
Users must comply with the following trading rules and meet the trading goals, or their demo account will automatically be reset, requiring them to start the challenge all over again. You are allowed a maximum of three resets. A fourth violation will result in automatic removal from the program. The trading rules are as follows:
| The maximum loss in a single day shall be no greater than 20%. |
Each breach will result in one violation. |
| The maximum account loss shall be no greater than 30%, or the maximum position loss shall be no greater than 40%. |
Each breach will result in one violation. |
| No zero active trades for 72 consecutive hours. |
Each breach will result in one violation. |
| Hold a position and ensure your positions are not inactive for more than 72 consecutive hours. |
Each breach will result in one violation. |
| Supported trading pairs |
BTCUSDT and ETHUSDT |
| Order leverage limit |
Up to 20x leverage |
| Minimum position |
Each order must have a minimum position value of 200 USDT |
4. How do I view my individual performance?
During the challenge, you can view the progress of your trading goals and your current individual performance via the TraderPro demo account dashboard. If you successfully meet the trading goals and are selected as an elite trader, you will receive a system prompt guiding you to the next steps.
5. What are the rewards for successfully completing the challenge?
Out of all participants who meet the trading goals, 50 high-performing users will be selected in 5 batches to receive up to 10,000 USDT in fund rewards.
| Batch |
Distribution date |
Target group |
| 1 |
On the 37th day of the promotion |
Users who register within the first 6 days of the promotion and ultimately succeed in the challenge |
| 2 |
On the 43rd day of the promotion |
Users who register between the 7th and 12th day of the promotion and ultimately succeed in the challenge |
| 3 |
On the 49th day of the promotion |
Users who register between the 13th and 18th day of the promotion and ultimately succeed in the challenge |
| 4 |
On the 55th day of the promotion |
Users who register between the 19th and 24th day of the promotion and ultimately succeed in the challenge |
| 5 |
On the 61st day of the promotion |
Users who register between the 25th and 30th day of the promotion and ultimately succeed in the challenge |
*For users not selected in their respective batches, applying to become elite traders using their competition account grants them a 50 USDT futures trading bonus and 500 USDT for first futures trading loss protection. This protection applies to those following the elite trader for the first time, with a maximum compensation of 50 USDT for the initial order, until the amount is exhausted. Each batch is limited to 100 users, so don't miss out!
Phase 2: Bitget TraderPro real trading
Once you have achieved your trading goals, we will notify you and guide you through the process of creating an elite trader sub-account, granting you the status of a Bitget TraderPro elite trader. Keep the following in mind:
• Before obtaining your dedicated elite trader account, you must complete identity verification of your main account.
• This account is issued as a sub-account. You can receive up to 10,000 USDT in fund rewards, which will be distributed in batches according to the Bitget TraderPro Season 2 fund rewards distribution rules.
• This account will become a Bitget TraderPro certified elite trader account.
• This account is solely intended for trading purposes. Cancellation of your elite trader status, as well as any withdrawals, deposits, or transfers, are not supported for this account.
1. Fund rewards sharing method
a. The account profit share consists of two parts: trading profits and copy trading profit share.
b. The initial profit share ratio from copiers’ trades is 10%, which may change according to the elite trader’s tier (New copy trading feature: Bitget elite trader tiers).
c. There are three trading profit ratio tiers: 60%, 75%, and 90%, with 60% serving as the initial level. Your level can be upgraded or downgraded depending on your performance:
i. If you comply with the trading rules for four weeks and achieve profitable results for at least three weeks within this period, your trading profit ratio will be upgraded by one level (such as from 60% to 75%).
ii. In the event of non-compliance or losses for two consecutive weeks, your trading profit ratio will be downgraded by one level (such as from 75% to 60%).
d. Account assets will be settled and reset every Monday at 12:00 AM (UTC+8). Profit share will be settled if the real trading assets at the time of settlement are greater than the initial funds. Profit share, when existent, will be transferred to your main account before every Wednesday at 10:00 (UTC+8).
i. The share of the profits from copiers’ trades is credited directly to the main account of the user participating in the program.
ii. The profit share is credited directly to the main account of the user participating in the program.
2. Weekly top-up of real-trading assets
a. Every Monday at 12:00 AM (UTC+8), the account will be settled and assets reset, with any shortfall from the initial funds being replenished.
b. If there are open positions at 12:00 AM (UTC+8) on Monday, they will not be included in the settlement.
3. Handling violations in real-trading accounts
a. Elite traders must comply with the following rules when using their dedicated elite trader account:
i. The maximum loss in a single day shall be no greater than 20%.
ii. The maximum account loss shall be no greater than 30%, or the maximum position loss shall be no greater than 40%.
iii. No zero active trades for 72 consecutive hours.
iv. Hold a position and ensure your positions are not inactive for more than 72 consecutive hours.
b. After a violation, a 20% stop-loss ratio will be automatically set for subsequent elite trade orders. Adhering to the trading rules for 3 consecutive weeks will reset the account to normal status.
4. Sustaining losses or violating trading rules more than 3 times over 3 consecutive weeks will halt top-ups and remove the account from the recommendation page. Adhering to the trading rules for 3 consecutive weeks will reset the account to normal status.
5. Sustaining losses or violating trading rules more than 4 times over 4 consecutive weeks will result in account closure.
IV Remarks
1. Sub-accounts and elite traders are not permitted to participate in Bitget TraderPro.
2. The TraderPro program is currently available at no cost, but there will be a registration fee for participation in the future.
3. After participating in the program, make sure to abide by the trading rules and demonstrate good trading practices.
4. You can contact customer service for any promotion-related inquiries.
5. Users can get up to 10,000 USDT in real-trading assets, dynamically adjusted according to an evaluation of their demo account performance. Supplies are limited, so don't miss out!
6. All users participating in the TraderPro program must strictly adhere to the terms and conditions and are prohibited from engaging in malicious trading activities such as improper matched orders and wash trading. Bitget reserves the right to take necessary action on related accounts and funds if the platform's risk control is triggered.
7. Bitget reserves the right to modify the terms or cancel the promotion at any time and for any reason without prior notice at its sole discretion.
8. Bitget reserves the right to the final interpretation of the promotion.