Copy Trading: Trading Fee Rebates and USDT Bonuses for Grabs
As we continue to grow our Copy Trading platform, we'd love to have more of you extraordinary traders on board!
For a limited time, here are some perks you can enjoy when you join us as a Principal Trader or make your very first copy trade with your previously activated Principal Trader account.
🗓 Event period: Aug 30, 2022, 4PM UTC – Sep 30, 2022, 4PM UTC
🎁 Perk 1: Trading Fee Rebates
Users who successfully sign up as Principal Traders during this period will be exempted from all trading fees for the first month of their account activation.
Once the Principal Trader accounts are activated, our platform will begin calculations of trading fees generated by the Principal Trader's closed orders, and these fees will be credited to said trader after one (1) month.
For example, Alice successfully activates her Principal Trader account at 4PM UTC on Sep 30, 2022. She will subsequently enjoy a full rebate of her trading fees on all closed orders from 4PM UTC on Sep 30, 2022, to 4PM UTC on Oct 30, 2022.
🎁 Perk 2: USDT Bonuses
New Principal Traders who successfully activate their accounts during the event period will receive USDT bonuses, equivalent to 20% of their 7-day cummulative, closed order costs (excluding leverage).
These trades have to fulfil the following criteria to be considered in reward calculation:
(1) Trades are to be made within 7 days from account activation
(2) Trades are to achieve a 7-day win rate of at least 60%, and achieve more than 30% in P&L
(3) Each order cost has to be at least $50 or equivalent
For example, Bob successfully activates his Principal Trader account on Aug 30, 2022, and closes three orders between Aug 30, 2022 and Sep 5, 2022. His three orders total a cost of 300 USDT (excluding leverage). Hence, Bob will be receiving 300 * 20% = 60 USDT worth of bonuses.
Note: If traders hold an order with a loss rate of at least 40% for more than seven days during the event period, the trade will not be considered in reward calculation. Bybit will also reserve the right to disqualify any traders from participating in the event should such scenarios arise.
Interested in becoming a Principal Trader? Sign up now and start earning big.
Learn how to get started with Copy Trading here.
Terms and Conditions:
1. Only traders who (1) successfully apply to become Principal Traders during the event period, or (2) open their very first copy trade with their active Principal Trader account, will be eligible for rewards from this event.
2. If traders hold an order with a loss rate of at least 40% for more than seven days during the event period, the trade will not be considered in reward calculation. Bybit will also reserve the right to disqualify any traders from participating in the event should such scenarios arise.
3. Bybit bonuses can only be used for Perpetual and Futures contracts (Spot not included). Please refer to our Bonus Terms and Conditions page for more details.
4. All participating users must strictly abide by the Bybit Terms of Service. Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent or harmful purposes.
5. Bybit reserves the right of final interpretation of the Terms and Conditions. If you have any questions, please contact our customer service team.
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