TraderPro Season 3: New Funding Power-Up to $10,000 & MEME Coin Challenge Awaits!-Process and Rules
Bitget
2024-08-30 09:00
Related reading: Complete Guide to TraderPro
1 Eligibility and registration
1.1 Elite traders are not eligible.
1.2 Only main accounts are accepted.
1.3 Registration opens on September 2, 2024, with the demo trading competition starting on September 9. You can register throughout the 30-day demo period, which runs until October 8, 2024.
2 Registration
2.1 Use the Start Challenge button on the TraderPro homepage to register.
2.2 Enter your Telegram account details and the reasons for your application, making sure all information is accurate.
2.3 Upon approval, you'll receive a site message and pop-up notification. Please be patient while we set up your demo account.
2.4 After successfully joining, you’ll receive an email, site message, or pop-up notification reminding you to join the Telegram group. Joining the group will keep you updated with the latest news and notifications.
3 TraderPro project
3.1 Phase 1: TraderPro challenge
Once your application is successful, you’ll enter the TraderPro challenge phase and receive a demo account with the following details:
Account information |
|
Initial funding |
10,000 USDT |
Supported trading pairs |
DOGEUSDT, SHIBUSDT, PEOPLEUSDT, DARUSDT, FLOKIUSDT, PEPEUSDT, TURBOUSDT, DOGSUSDT. |
Leverage limit |
Up to 20x |
Minimum position |
Minimum position value per order ≥ 200 USDT (position value = margin amount x leverage) |
3.1.1 How to get started?
a) Click the Start Challenge button on the TraderPro landing page (https://www.bitget.com/zh-CN/copy-trading/traderpro) to get started.
b) Switch accounts in your Profile on the trading page or open the Bitget app and tap "Copy > Discover > TraderPro."
3.1.2 What are the trading goals?
Indicator |
Requirement |
Trading days |
Trade for at least 15 days |
Daily profit |
Reach a positive daily profit for at least 10 days. |
Total ROI |
At least 25% ROI for 48 hours straight. |
Order quantity |
At least 100 orders, with no open interest remaining (both opening and closing positions count). |
3.1.3 What are the trading rules?
Users must follow these trading rules and meet the goals; otherwise, their demo account will be reset, requiring a restart of the challenge. You can have up to three resets. A fourth violation will result in automatic removal from the program. The trading rules are as follows:
Trading rules |
Violation penalty |
Maximum daily loss: ≤ 20%. |
Each breach counts as one violation. |
Maximum account loss: ≤ 30% or maximum position loss: ≤ 40%. |
Each breach counts as one violation. |
Maximum no-trading duration: ≤ 72 hours. |
Each breach counts as one violation. |
Maximum inactive holding period: ≤ 72 hours |
Each breach counts as one violation. |
3.1.4 How do I view my individual performance?
During the challenge, check your trading goals and performance on the TraderPro demo account dashboard. If you meet the trading goals and are selected as an elite trader, a system prompt will guide you on the next steps.
3.1.5 What rewards do I get for completing the challenge?
Selected users: This season, 50 exclusive elite trader accounts will be issued, each with a bonus of up to 10,000 USDT for live trading. The number of accounts may be increased based on the number of participants. The accounts will be distributed in batches starting the week after registration ends. Specific distribution rules and timelines will be announced later, so stay tuned to our official community for updates.
Unselected users: Those who are not selected in each batch but become elite traders with their own competition-registered account will receive a 50 USDT futures trading bonus and a 500 USDT loss-protection voucher. The voucher is intended to cover the first-time futures trading losses of their copiers, capped at 50 USDT per copier. These perks are available to the first 100 elite traders in each batch, so don't miss out.
3.1.6 Referral rewards
Invite your friends to join TraderPro during the registration period to earn additional rewards.
Eligibility |
Reward |
Invite a new user who passes the TraderPro challenge |
30 USDT in futures position vouchers |
Invite a new user who becomes a top 50 verified elite trader |
100 USDT in futures position vouchers |
Invite a new user who becomes an elite trader and trades for at least 5 out of 14 days: |
50 USDT in futures position vouchers |
3.2 Phase 2: TraderPro live trading
Once you achieve your trading goals, we’ll notify you and guide you through setting up an elite trader sub-account, granting you TraderPro elite trader status. Keep the following in mind:
• Before receiving your dedicated elite trader account, you must complete identity verification for your main account.
• This account will be issued as a sub-account and can receive up to 10,000 USDT in live trading funds, distributed in batches according to TraderPro Season 3: Enhanced funding and memecoins up for grabs! Funding support and account allocation
• This account will be designated as a TraderPro certified elite trader account.
• The account is for trading purposes only. Elite trader status cannot be canceled, and withdrawals, deposits, or transfers are not supported.
3.2.1 Fund rewards sharing method
a) The profit share consists of two parts: trading profits and copy trading profit share.
b) The initial profit share from copiers' trades is 10%, but this may change based on the elite trader’s tier. (New copy trading feature: Bitget elite trader tiers).
c) There are three tiers for trading profit ratios: 80%, 90%, and 100%, with 80% being the starting level. Your ratio can be upgraded based on performance. The rules for upgrading or downgrading are as follows:
i. Upgrade: Comply with trading rules for four weeks and achieve profitable results for at least three weeks during this period to increase your ratio by one level (e.g., from 80% to 90%).
ii. Downgrade: Non-compliance or losses for two consecutive weeks will result in a downgrade by one level (e.g., from 90% to 80%).
d) Account assets are settled and reset every Monday at 10:00 AM (UTC+8). Profit share is settled if the live trading assets at the time of settlement exceed the initial funds. Any existing profit share will be transferred to your main account every Wednesday at 10:00 AM (UTC+8) before being used to participate in the program.
i. Profits from copiers' trades are credited directly to the main account of the participating user.
ii. The profit share is credited directly to the user's main account.
3.2.2 Weekly top-up of live trading assets
a) Account assets are settled and reset every Monday at 10:00 AM (UTC+8). Any shortfall from the initial funds will be replenished every Wednesday at 10:00 AM (UTC+8).
b) Open positions at 10:00 AM (UTC+8) on Monday will not be included in the settlement.
3.2.3 Handling violations in live trading accounts
a) Elite traders must adhere to the following rules when using their dedicated elite trader account:
Trading rules |
Violation penalty |
Maximum daily loss: ≤ 20%. |
Each breach counts as one violation. |
Maximum account loss: ≤ 30% or maximum position loss: ≤ 40%. |
Each breach counts as one violation. |
Maximum no-trading duration: ≤ 72 hours. |
Each breach counts as one violation. |
Maximum inactive holding period: ≤ 72 hours |
Each breach counts as one violation. |
b) After a violation, a 20% stop-loss ratio will be automatically applied to all subsequent elite trade orders. If you adhere to the trading rules for 3 consecutive weeks, your account status will be reset to normal.
3.2.4 Sustaining losses or violating trading rules three times over three consecutive weeks will result in the suspension of top-ups and removal from the recommendation page. Adhering to the trading rules for three consecutive weeks will reset the account to normal status.
3.2.5 Please be aware of the following circumstances that may lead to the recall of your live trading account.
Case description |
Penalty |
Losses for four consecutive weeks |
Account revoked |
Violation of trading rules four times |
Account revoked |
Full replenishment of funds required twice |
Account revoked |
4 Notes
4.1 Sub-accounts and elite traders are not eligible to participate in TraderPro.
4.2 TraderPro is currently free to join, but future participation may require a registration fee.
4.3 After joining the program, ensure you follow the trading rules and demonstrate good trading habits.
4.4 You can contact customer service for any program-related inquiries.
4.5 Participants can receive up to 10,000 USDT in live trading assets, which will be adjusted based on their demo account performance. Supply is limited, so don't miss out!
4.6 All TraderPro participants must strictly follow the terms and conditions. Malicious trading activities, such as improper matched orders and wash trading, are prohibited. Bitget reserves the right to take action on accounts and funds if risk controls are triggered.
4.7 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.
4.8 Bitget reserves the right to the final interpretation of the promotion.