Copy trading first-loss protection and liquidation protection overview (March 20)
1. First-loss protection
1.1 Overview
Once claimed, this voucher can be used within its validity period for futures copy trading under Smart Copy mode. The first losing order executed within the validity period will be fully compensated, up to a maximum of X USDT. Compensation will be issued in the form of a copy trading position voucher within one week after the first loss occurs. If the loss exceeds the compensation cap, only the maximum amount will be covered.
1.2 How to use
(1) Once the voucher is issued, you can find and claim it on the Discover page. Make sure to claim it before the claim period ends.
(2) After claiming, you must complete futures copy trading with Smart Copy mode within the voucher's validity period. Your first losing order executed within this period will be fully covered. If the loss exceeds the compensation cap, only the maximum amount will be covered.
(3) Compensation will be distributed in the form of a copy trading position voucher, which you can find and claim in the Coupons Center or on the Discover page.
1.3 Notes
(1) The voucher can only be claimed and used within the app.
(2)The voucher is only applicable to futures copy trading and requires the use of Smart Copy mode.
(3) If you are copying multiple elite traders, compensation will be based on your first losing order.
(4) To be eligible for first-loss protection, the opening and closing time of the first losing order must fall within the voucher's validity period.
(5) If any rule violations (such as wash trading) are detected, you will not be eligible for compensation.
2. Liquidation protection
2.1 Overview
Once claimed, this voucher can be used within its validity period for futures copy trading under Smart Copy mode. The first liquidation order executed within the validity period will be fully compensated, up to a maximum of X USDT. Compensation will be issued in the form of a copy trading position voucher within one week after the liquidation occurs. If the loss exceeds the compensation cap, only the maximum amount will be covered.
2.2 How to use
(1) Once the voucher is issued, you can find and claim it on the Discover page. Make sure to claim it before the claim period ends.
(2) After claiming, you must complete futures copy trading with Smart Copy mode within the voucher's validity period. Your first liquidation order during the validity period will be fully compensated. If the loss exceeds the compensation cap, only the maximum amount will be covered.
(3) Compensation will be distributed in the form of a copy trading position voucher, which you can find and claim in the Coupons Center or on the Discover page.
2.3 Notes
(1) The voucher can only be claimed and used within the app.
(2) The voucher is only applicable to futures copy trading and requires the use of Smart Copy mode.
(3) If you are copying multiple elite traders, compensation will be based on your first liquidation order.
(4) To be eligible for liquidation protection, the liquidation must occur within the voucher's validity period.
(5) If any rule violations (such as wash trading) are detected, you will not be eligible for compensation.