About the Lead Trader:
Refers to a copy trading trader. Once a trader is approved, they can activate the copy trading mode. Other users can copy this trader, and the trader can earn a commission based on the followers' profits.
How to Become a Lead Trader:
On the IBIT app, go to the copy trading page, click on the upper right corner "Become a Trader," contact online customer service, submit your IBIT UID, and wait for approval to become a trader.
Requirements:
- All contracts should have no positions, no current tracking, and no plan orders.
- Not currently following other traders.
- A trader can only register one account for copy trading.
Requirements of IBIT Lead Trader Level:
LV1
Complete KYC Level 1
Account balance ≥ 500 USDT
LV2
Complete KYC Level 2
Account balance ≥ 2,000 USDT
Maintained LV1 trader status for 30+ days
LV3
Complete KYC Level 2
Account balance ≥ 5,000 USDT
Maintained LV2 trader status for 60+ days
LV4
Complete KYC Level 2
Apply for upgrade based on LV3 status
Subject to approval
LV5
Complete KYC Level 2
Apply for upgrade based on LV4 status
Subject to approval
Follower Limits by Level
LV1 – up to 50 followers
LV2 – up to 100 followers
LV3 – up to 200 followers
LV4 – up to 500 followers
LV5 – up to 1,000 followers
Trader's Rules
1. Traders must adhere to IBIT platform's Perpetual Trading User Agreement" and "User Agreement" prohibiting activities such as wash trading, holding opposite positions, high-frequency trading, or any other behavior violating platform rules.
2. It is the duty of traders to protect the integrity of the IBIT platform and to abstain from any activities that can compromise it.
3. It is forbidden for traders to alter their profile information in order to get followers, and they are required to handle their IBIT accounts appropriately.
4. Prohibit IBIT lead traders from opening multiple accounts to follow their own tradings
5. The IBIT may take action, such as temporarily suspending or terminating the trader's account, if certain regulations are broken. The IBIT maintains the authority to construe and implement trading regulations.
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