<p>The Smart Copy mode is a fully automated feature provided by BYDFi that allows you to follow traders’ strategies. With Smart Copy, you can automatically place orders based on the trader’s investment proportion, while synchronizing leverage, margin, and position management settings. This guide explains the operation process, advantages, and common questions of Smart Copy, helping you follow trades easily while managing risk.</p><p><br></p><h2>What is Smart Copy?</h2><p>Smart Copy is a new copy trading mode where the system automatically calculates the amount to invest based on the trader’s capital proportion and replicates the trader’s order parameters. Each time a position is opened, the system calculates the copy order amount according to the trader’s margin and account equity, and automatically sets the leverage, margin mode, and other order parameters.</p><p>Unlike the Diverse Follow copy mode, Smart Copy does not share a single Copy Wallet among multiple traders. Each trader’s positions are independent. Even if the positions are in the same trading pair and direction, multiple positions can be opened.</p><p><strong>Example:</strong></p><ul><li>Trader’s account equity: 10,000 USDT</li><li>Investment: 1,000 USDT, 5× leverage, full position long BTCUSDT perpetual contract</li><li>Capital proportion: 1,000 ÷ 10,000 = 10%</li></ul><p>If your copy investment amount is 1,000 USDT, the system will automatically invest 100 USDT (10%) as the copy position cost, using the same leverage and mode.</p><p>Smart Copy supports one-click copy trading by only setting the investment amount. You do not need to configure complex parameters; the trader manages position risk and profit throughout the process.</p><p><br></p><h2>Advantages of Smart Copy</h2><ul><li>One-click copy: Simply enter the investment amount to start copying; no complex settings required.</li><li>Smart investment with synchronized risk management: Orders are placed automatically according to the trader’s investment proportion. Leverage and margin mode remain consistent, and the trader helps manage risk and profit.</li><li>Position isolation: Each trader followed generates an independent sub-account, keeping positions separate and unaffected by each other.</li><li>Capital isolation: Managed separately from Diverse Follow copy wallets, ensuring dedicated funds and avoiding excessive leverage risk from multiple traders sharing the same funds.</li></ul><p><br></p><h2>How to Start Smart Copy on the APP</h2><h3>1. Go to the Copy Trading Section</h3><p>Log in to your BYDFi APP.</p><p>On the homepage, tap “Copy Trading”.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755766796430.image.png" alt="BYD.1755766796430.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755766796430.image.png" style="width: 50%;"/></p><h3>2. Choose a Trader</h3><p>Browse the list of traders or use the search function.</p><p>Tap “Copy” on the trader’s profile page.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755766827626.image.png" alt="BYD.1755766827626.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755766827626.image.png" style="width: 50%;"/></p><h3>3. Select Copy Mode</h3><p>On the setup page, choose “Smart Copy” as your copy mode.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756892067800.image.png" alt="BYD.1756892067800.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756892067800.image.png" style="width: 50%;"/></p><h3>4. Select Smart Copy Wallet</h3><p>Smart Copy can use wallets other than the default Copy Wallet as your funding source.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756892114479.image.png" alt="BYD.1756892114479.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756892114479.image.png" style="width: 50%;"/></p><h3>5. Set Copy Trading Parameters</h3><ul><li>Investment Amount (USDT): The minimum copy amount is determined by the trader’s settings, funds will be isolated in your trading account.</li><li>Copy Contract: Choose the contract type to follow.</li><li>Risk Control: Set Take-Profit, Stop-Loss, maximum follow quantity, and slippage ratio.</li><li>Margin Mode & Leverage: Automatically synchronize with the trader’s settings.</li><li>Auto Copy: Enable to automatically follow any new trades opened by the trader.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756892359214.image.png" alt="BYD.1756892359214.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756892359214.image.png" style="width: 50%;"/></p><h3>6. Confirm Copy Trading</h3><p>Tap “Copy Now” and confirm your settings.</p><p>Smart Copy will begin immediately.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755769340921.image.png" alt="BYD.1755769340921.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755769340921.image.png" style="width: 50%;"/></p><h2>View and Modify Copy Settings</h2><h3><strong>View copy trading details</strong></h3><p>Go to <strong>“My Copy Trades”</strong> to see current and historical copy profits, positions, and changes in investment amounts.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755769368794.image.png" alt="BYD.1755769368794.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755769368794.image.png" style="width: 50%;"/></p><h3><strong>Modify copy settings</strong></h3><p>In <strong>My Copy Trade→ My Traders</strong>, click <strong>“Edit Copy Trading”</strong> to adjust the investment amount, modify stop-loss, or cancel following.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755769388255.image.png" alt="BYD.1755769388255.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755769388255.image.png" style="width: 50%;"/></p><p><br></p><h2>💡 Reminders</h2><ul><li>Smart Copy fully relies on the trader’s strategy and position management. Please choose traders carefully.</li><li>The minimum copy amount is determined by the trader’s settings.</li><li>All leveraged trades carry risk. Please manage positions and risk tolerance reasonably.</li></ul>

How to Use BYDFi Smart Copy (APP)

<p>Learning how to check your positions, closing methods, and trade history in the APP is essential for improving your futures trading performance. By analyzing this data, you can identify trading patterns, make data-driven decisions, and optimize your overall trading strategy. This guide explains the main features of the Contract Positions page in the APP.</p><p><br></p><h2>Positions and Open Orders</h2><p>On the trading page, you can view your current positions and open orders, including the following information:</p><ul><li>Trading Contract: The contract you are trading.</li><li>Order Direction: Long or short.</li><li>Position Size: Calculated using the formula: Position Size = Margin × Leverage ÷ Entry Price. Example: Using 1,000 USDT margin with 20× leverage to buy BTC contracts worth 10,000 USDT results in a position size of 2 BTC.</li><li>Unrealized PnL: Displays the floating profit or loss of your current position.</li><li>Profit Rate: Percentage return of the position.</li><li>Average Entry Price: The average price at which the position was opened.</li><li>Liquidation Price: The price at which the system will automatically liquidate your position.</li></ul><p>You can set or modify <strong>Take Profit/Stop Loss</strong> directly on this page and manage your pending orders.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756881864511.image.png" alt="BYD.1756881864511.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756881864511.image.png" style="width: 50%;"/></p><p><br></p><h2>Closing Methods</h2><p>In the APP, positions can be closed in several ways:</p><h3>Manual Closing</h3><p>Users can manually close positions to end their trades.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756881555386.image.png" alt="BYD.1756881555386.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756881555386.image.png" style="width: 50%;"/></p><h3>System Closing (Take Profit/Stop Loss)</h3><p>The system automatically closes positions when the market price reaches your set Take Profit or Stop Loss levels.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756881594241.image.png" alt="BYD.1756881594241.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756881594241.image.png" style="width: 50%;"/></p><h3>Insufficient Balance</h3><p>If your account balance is insufficient to cover funding fees, the system will automatically close your positions to prevent further losses.</p><p><br></p><h2>Trade History</h2><p>Tap the <strong>Orders</strong> icon on the trading page to view detailed information about past trades:</p><ul><li>Trading Pair: Displays the traded asset and leverage used.</li><li>Price: The entry price of the order.</li><li>Quantity (Position Size): Calculated as: Position Size = Margin × Leverage ÷ Entry Price. Example: Using 1,000 USDT margin with 20× leverage to buy BTC contracts worth 10,000 USDT results in a position size of 2 BTC.</li><li>Fee: The fee charged for the transaction.</li><li>PnL / PnL%: Shows your realized profit or loss (excluding fees and funding costs).</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756881815427.image.png" alt="BYD.1756881815427.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756881815427.image.png" style="width: 50%;"/></p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756881772857.image.png" alt="BYD.1756881772857.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756881772857.image.png" style="width: 50%;"/></p><p><br></p><h2>Fund Records</h2><p>On the <strong>Fund Records</strong> page, you can track all historical changes in your account balance, including details for each transaction:</p><ul><li>Asset: The type of asset used in the transaction (e.g., USDT).</li><li>Contract: The associated contract (e.g., SKATE-USDT).</li><li>Type: The category of fund change, such as trading fees, liquidation fees, or funding fees.</li><li>Fund Type: Indicates the source of funds (e.g., cash or bonus).</li><li>Amount: The value of the fund change; positive for deposits or gains, negative for withdrawals or deductions.</li><li>Account Balance: Remaining account balance after the transaction.</li><li>Time: Timestamp of the fund change.</li></ul><p>This page allows you to fully track every fund movement, including the use of bonuses or contract deduction funds, helping you manage your assets effectively.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756881688302.image.png" alt="BYD.1756881688302.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756881688302.image.png" style="width: 50%;"/></p>

Explanation of Positions, Closings, and Trade History (APP)

<p>Looking to trade smarter with automation? The BYDFi Futures Grid Bot on the APP helps you deploy strategies easily and capture market volatility — without staying glued to your screen. Follow this guide to set up your first bot in just a few steps.</p><p><br></p><h2>How to Set Up a Futures Grid Bot on APP</h2><h3>1. Access the Grid Bot Page</h3><p>On the BYDFi APP homepage, tap More.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756868935233.image.png" alt="BYD.1756868935233.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756868935233.image.png" style="width: 50%;"/></p><p>Select <strong>Bots</strong>.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756868958348.image.png" alt="BYD.1756868958348.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756868958348.image.png" style="width: 50%;"/></p><p>Choose Futures Grid, and the system will take you directly to the strategy creation page.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756868998991.image.png" alt="BYD.1756868998991.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756868998991.image.png" style="width: 50%;"/></p><p><br></p><h3>2. Configure Your Trading Strategy</h3><p>On the Futures Grid creation page, you can choose from two setup options:</p><h4>a. AI Strategy (Recommended for Beginners)</h4><ul><li>Trading Pair: Select or search for the futures trading pair you want.</li><li>Order Direction: Choose Neutral, Long, or Short (Neutral is selected by default).</li><li>Investment Amount: Enter the amount you want to allocate.</li><li>Advanced Settings (Optional): Set trigger price, take-profit, and stop-loss levels.</li><li>Parameters: Price range, number of grids, and profit per grid are automatically generated based on technical analysis.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756870436878.image.png" alt="BYD.1756870436878.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756870436878.image.png" style="width: 50%;"/></p><p><br></p><h4>b. Manual Strategy (For Advanced Users)</h4><ul><li>Trading Pair & Direction: Select your pair and choose Neutral / Long / Short.</li><li>Price Range: Set the lower and upper limits.</li><li>Number of Grids: Enter how many grids to use.</li><li>Investment Amount: Define your total investment.</li><li>Advanced Settings (Optional): Configure trigger price, take-profit, and stop-loss.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756870502105.image.png" alt="BYD.1756870502105.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756870502105.image.png" style="width: 50%;"/></p><p><br></p><h3>3. Confirm and Launch</h3><ul><li>Review your settings carefully.</li><li>Tap <strong>Create</strong> to launch your bot.</li><li>Once activated, your Futures Grid Bot will start running immediately.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756870569907.image.png" alt="BYD.1756870569907.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756870569907.image.png" style="width: 50%;"/></p><p>You can check its status anytime under My Strategy in the APP.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756870655394.image.png" alt="BYD.1756870655394.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756870655394.image.png" style="width: 50%;"/></p><p><br></p><h2>Copy Popular Strategies (Best Choice for Quick Start)</h2><p>Go to the Strategy Channel homepage and click the [Futures Grid] section.</p><p>Browse high-quality grid strategies created by other users and review key data such as ROI, cumulative profit, and running time.</p><p>Use the category or token filters to quickly find an ideal strategy.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756870701921.image.png" alt="BYD.1756870701921.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756870701921.image.png" style="width: 50%;"/></p><p>After selecting a strategy that meets your needs, click <strong>Use Parameters</strong> to copy the settings with one click.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756870722365.image.png" alt="BYD.1756870722365.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756870722365.image.png" style="width: 50%;"/></p><p>Adjust the investment amount according to your own preferences.</p><p>Click Create to run the strategy immediately.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756870752701.image.png" alt="BYD.1756870752701.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756870752701.image.png" style="width: 50%;"/></p><p>‼️ <strong>Note:</strong> Since entry prices constantly change, the same trading strategy may not always deliver identical returns.</p><p><br></p><h2>✅ Tip for New Users</h2><p>If you’re just starting with grid trading, we recommend using <strong>AI Strategy</strong> or <strong>Popular Strategies</strong>. They provide quick, optimized setups so you can experience automated futures trading on BYDFi with ease.</p><p><br></p><h2>Notes</h2><ul><li>Take-Profit: Sells your position automatically once your target price is reached, securing profits.</li><li>Stop-Loss: Closes your position automatically if the market price hits your stop-loss level, limiting losses.</li></ul>

BYDFi Futures Grid Bot Tutorial (APP)

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1756802484705.image.png" alt="BYD.1756802484705.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756802484705.image.png" style="width: 100%;"/></p><p>Smart Copy (Proportional Mode) is an automated feature that follows a trader’s strategy proportionally based on their investment size. With this mode, you can automatically copy the trader’s order size, leverage, margin, and position management settings according to their proportional investment ratio.</p><p>This article addresses common questions about Smart Copy, helping users better understand its logic, rules, and limitations.</p><p><br></p><h2>1. Can I switch to Smart Copy mode while following a trader?</h2><p>No, direct switching is not supported. To change your copy trading mode, you must first close all active copy trades, then switch to Smart Copy mode.</p><p><br></p><h2>2. How is the investment ratio calculated?</h2><ul><li>Trader Investment Ratio = Single Order Cost (Margin + Opening Fee) ÷ Trader’s Wallet Balance at the time of order</li><li>Follower’s Margin (Order Cost) = Smart Copy Investment Amount × Trader Investment Ratio</li></ul><p><br></p><h2>3. Why is my entry/exit price different from the trader’s?</h2><p>Possible reasons:</p><ol><li>The follower’s order is triggered only after the trader’s order is successfully opened, causing a potential price difference.</li><li>Some signal orders may fail to copy, leading to an average price mismatch.</li><li>Market depth and price volatility may cause different execution prices.</li></ol><p><br></p><h2>4. Why is the margin amount different for each order?</h2><ul><li>Smart Copy calculates order size proportionally based on the trader’s order. If the trader invests a small amount, your copied order will also be small.</li><li>If the calculated order amount is below the platform’s minimum order size, the order will fail (the system will not force execution at the minimum size) to maintain proportional accuracy.</li></ul><p><strong>Example:</strong></p><ul><li>Trader wallet balance: 100,000 USDT</li><li>Trader’s single order cost: 10 USDT → Ratio = 0.0001</li><li>Follower investment: 50 USDT → Equivalent margin: 0.005 USDT (too small to open a position → order fails)</li></ul><p><br></p><h2>5. Where does my investment or profit share go after withdrawal?</h2><p>When you withdraw investment, stop following, or receive profit sharing, the funds are transferred to your <strong>Copy Wallet</strong>. You can view the transaction details in the “Transaction History” section of the trading page.</p><p><br></p><h2>6. Why didn’t my position close when the trader partially closed theirs?</h2><p>The system closes your positions proportionally to the trader’s closing signals. Any unmatched positions will remain open.</p><p><br></p><h2>7. Why is my leverage or margin not synced with the trader’s?</h2><p>The system will automatically synchronize changes in leverage and margin. If synchronization fails due to insufficient balance, an in-app message and email will notify you. You can manually add margin to allow the system to reattempt synchronization.</p><p><br></p><h2>8. Why can’t I see Smart Copy transactions in the main trading page?</h2><ul><li>Diverse Follow Copy Trading: Uses a shared wallet, transaction history is viewable in the main trading page.</li><li>Smart Copy : Creates a separate sub-wallet for each trader followed. Transaction history can only be viewed in that trader’s detail page.</li></ul><p><br></p><h2>9. Why can’t I see copy trading orders in the “Current Positions” section on the trading page?</h2><p>The “Current Positions” section does not display any copy trading positions because this mode allows you to follow multiple traders on the same trading pair, and the system manages each trader’s positions independently. Please visit the Copy Trading Center → <strong>My Copy Trades</strong> to view related orders.</p><p><br></p><h2>10. How is Smart Copy different from Diverse Follow?</h2><table style="width: auto;"><tbody><tr><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Feature / Type</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Diverse Follow (Basic)</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Diverse Follow (Advanced)</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Smart Copy</th></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Margin Settings</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Optional: 1. Fixed Amount 2. Fixed Leverage</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Optional: 1. Fixed Amount 2. Fixed Leverage 3. Fixed Quantity</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Based on trader’s open position margin / trader account balance ratio</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Leverage Settings</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Follow trader / Specify leverage</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Follow trader / Specify leverage</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Follow trader</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Position Mode</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Full / Isolated (if same pair has existing positions, mode matches current positions)</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Full / Isolated (if same pair has existing positions, mode matches current positions)</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Each trader followed has independent positions; no interference</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Ability to Set Take Profit / Stop Loss</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Yes</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Yes</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Yes – set TP/SL, max following count, and slippage ratio</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Flexibility</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Medium</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">High</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Low – auto trades based on trader strategy</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Recommended Users</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Experienced aggressive copy traders</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">More professional aggressive copy traders</td><td colspan="1" rowspan="1" width="auto" style="text-align: left;">Beginners</td></tr></tbody></table><p><br></p>

BYDFi Smart Copy FAQs

<p>BYDFi offers users the opportunity to become <strong>lead traders for contract copy trading</strong>. Share your strategies, grow your influence, and earn passive income when others follow your trades. With just a few simple steps, you can submit your application and begin your journey as a professional trader on BYDFi.</p><p><br></p><h2>📝 Application Requirements for Becoming a Trader</h2><p>To ensure the quality of the platform and maintain a safe trading environment, please meet the following criteria before applying:</p><h3>1. Not Currently Following Any Traders </h3><p>You must cancel all existing copy trading relationships before applying as a lead trader.</p><h3>2. Only One Trader Account Per User </h3><p>Multiple trader accounts per person are not allowed. Duplicate applications will be disqualified.</p><h3>3. Complete KYC Identity Verification </h3><p>You must complete the KYC (Know Your Customer) process before submitting your application.</p><h3>4. No Promotional Content in Self-Introduction </h3><p>Avoid links, advertisements, or misleading information. Provide a genuine and valuable introduction to your trading style and experience.</p><p><br></p><h2>📱 How to Apply via the BYDFi App</h2><p>1. Open the BYDFi App and Tap “Copy Trading” on the Home Screen<br><img src="https://uploads.bydfi.in/events/cms/BYD.1750930409530.image.png" alt="BYD.1750930409530.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1750930409530.image.png" style="width: 50%;"/><br></p><p>2. Tap “Apply to be a Trader”</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1750930439364.image.png" alt="BYD.1750930439364.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1750930439364.image.png" style="width: 50%;"/><br></p><p>3. Fill Out the Application Form<br><br>Provide your personal information, trading experience, and a short self-introduction. Check the box to agree to the <strong>Trader Agreement</strong>.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1750930465032.image.png" alt="BYD.1750930465032.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1750930465032.image.png" style="width: 50%;"/></p><p><br></p><p>4. Submit and Wait for Review<br><br>Once submitted, your application will be reviewed within <strong>1–3 business days</strong>. If approved, your trader profile will go live, and users can start following your trades.</p><p><br></p><h2>🎯 Why Become a Lead Trader?</h2><ul><li>Earn Copy Trading Commissions Receive profit shares from your followers based on multiple reward schemes.</li><li>Build Your Personal Brand Gain visibility and trust within the crypto community.</li><li>Showcase Your Trading Performance Stand out through rankings, exposure, and real-time metrics on BYDFi.</li></ul><p><br></p><h2>📌 Need Assistance?</h2><p>If you encounter any issues during the application process, feel free to <a href="mailto:cs@bydfi.com" target="_blank">contact <strong>BYDFi Customer Support</strong></a>. We're available <strong>24/7</strong> to help.</p>

How to Apply to Become a Trader?

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1748226696049.image.png" alt="BYD.1748226696049.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1748226696049.image.png" style="width: 100%;"/></p><p>In <strong>BYDFi Copy Trading</strong>, users may sometimes experience <strong>copy order failures</strong>.<br><br>These failures can happen due to trader activity, system rules, or follower account settings.</p><p>Understanding the <strong>reasons for copy trading failures</strong> can help you troubleshoot issues quickly, avoid disruptions, and reduce risks.</p><p><br></p><h2>Common Reasons for Copy Trading Failures</h2><h3>1. Trader has not opened positions for an extended period</h3><p>If the trader you are following does not open any new positions within <strong>21 days</strong>, the system will automatically cancel your copy trading relationship.</p><p><br></p><h3>2. Trader’s status revoked</h3><p>If a trader’s status is <strong>revoked by the platform</strong> due to violations or other reasons, followers will no longer be able to copy their trades.</p><p><br></p><h3>3. Trader removed the follower</h3><p>Traders have the right to <strong>remove followers</strong>. Once removed, you will no longer be able to copy their orders.</p><p><br></p><h3>4. Consecutive copy order failures</h3><p>If copy order failures exceed <strong>10 consecutive attempts</strong>, the system will automatically cancel the copy trading relationship.</p><p><br></p><h3>5. Insufficient funds or no assets in the copy trading wallet</h3><p>If your <strong>copy trading wallet balance</strong> is too low, or you have no available assets, the system cannot execute new copy orders.</p><p><br></p><h3>6. Below minimum copy trading amount</h3><p>Each copy trade has a <strong>minimum required amount</strong>.<br><br>If your trade amount is below this minimum, the order will fail to open.</p><p><br></p><h3>7. Exceeds maximum copy trading amount</h3><p>If your trade amount <strong>exceeds the maximum allowed</strong> by the platform, the order cannot be executed.</p><p><br></p><h3>8. Daily copy trading limit reached</h3><p>BYDFi has a <strong>daily limit</strong> for copy trading.<br><br>If you reach this limit, you cannot copy new trades—even if the trader opens a new position.</p><p><br></p><h2>Summary: Avoiding Copy Trading Failures</h2><p>BYDFi Copy Trading makes it easy to <strong>replicate successful traders’ strategies</strong>, but copy trading failures may occur due to:</p><ul><li>Trader inactivity</li><li>Account restrictions</li><li>Insufficient funds</li><li>Minimum or maximum trade amount limits</li></ul><p>👉 To minimize risks:</p><ul><li>Regularly check your copy trading wallet balance</li><li>Review trader activity before following</li><li>Adjust your copy settings according to platform requirements</li></ul><p>By understanding these potential issues, you can <strong>optimize your BYDFi copy trading experience</strong> and maintain smoother trading operations.</p>

Reasons for Copy Trading Failures on BYDFi

<p>Choosing the right trader is the most important step to succeed with <strong>BYDFi Copy Trading</strong>. BYDFi provides multiple tools, rankings, and filters to help you evaluate and follow traders that best match your investment goals and risk preferences.</p><p><br></p><h2>1. Check the Trader Leaderboard</h2><p>The <strong>BYDFi Copy Trading homepage</strong> features a carefully designed <strong>Trader Leaderboard</strong>.</p><ul><li>Traders are ranked based on key performance indicators such as: Return Rate (ROI) Cumulative Profit Win Rate Trading Frequency</li></ul><p>Whether you are looking for a <strong>steady and conservative trader</strong>, or you are more interested in <strong>high-risk, high-reward strategies</strong>, the leaderboard gives you a clear starting point.</p><p>👉 Tip: Explore different categories on the leaderboard to find traders that fit your trading style.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756783692397.image.png" alt="BYD.1756783692397.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756783692397.image.png" style="width: 50%;"/></p><p><br></p><h2>2. Use Advanced Filter Functions</h2><p>The <strong>filtering tools</strong> on the BYDFi Copy Trading homepage allow you to narrow down your choices efficiently.</p><p>You can filter and sort traders by:</p><ul><li>Cumulative Profit</li><li>ROI (Return on Investment)</li><li>Win Rate</li><li>Trading Frequency</li></ul><p>This makes it easier to quickly identify trustworthy traders that match your preferences.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756783783355.image.png" alt="BYD.1756783783355.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756783783355.image.png" style="width: 50%;"/></p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756783809364.image.png" alt="BYD.1756783809364.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756783809364.image.png" style="width: 50%;"/></p><p><br></p><h2>3. Review Trader Profile Data</h2><p>Each trader on BYDFi has a dedicated <strong>Trader Profile Page</strong> with in-depth performance metrics.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756784235397.image.png" alt="BYD.1756784235397.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756784235397.image.png" style="width: 50%;"/></p><p>Here you can view:</p><ul><li>Detailed trading history</li><li>Performance charts</li><li>Strategy characteristics</li></ul><p>Additionally, you can click the <strong>“i” information icon</strong> to learn the exact definition of each performance metric.</p><p>By analyzing this data, you can make informed decisions about whether a trader’s strategy aligns with your <strong>copy trading needs and risk tolerance</strong>.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756784288242.image.png" alt="BYD.1756784288242.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756784288242.image.png" style="width: 50%;"/></p><p><br></p><h2>Best Practices for Choosing Traders</h2><ul><li>Don’t just chase high ROI – also look at consistency and drawdown.</li><li>Diversify your choices – follow multiple traders with different strategies to reduce risk.</li><li>Check trading frequency – make sure the trader’s activity level matches your expectations.</li><li>Review historical performance – past performance is not a guarantee, but it shows trading style.</li></ul><p><br></p><h2>Conclusion</h2><p>Selecting the right trader is crucial to building a successful <strong>BYDFi Copy Trading</strong> strategy. By using the <strong>leaderboard, filters, and trader profile data</strong>, you can evaluate traders more effectively and follow those who best suit your goals.</p><p>Start exploring today to <strong>find top-performing traders</strong>, diversify your strategy, and maximize your copy trading experience with BYDFi.</p>

How to Choose Traders on BYDFi Copy Trading

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1748228020405.image.png" alt="BYD.1748228020405.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1748228020405.image.png" style="width: 100%;"/></p><p><strong>BYDFi Diverse Follow</strong> is an innovative and efficient investment tool designed for both beginners and professional traders.</p><p>With this feature, you can follow multiple professional traders at the same time, automatically copy their strategies, and build a diversified investment portfolio to manage risk effectively.</p><p>Whether you are a beginner who wants to <strong>learn by doing</strong>, or an experienced trader looking to <strong>expand your strategy mix</strong>, BYDFi Diverse Follow provides a flexible and powerful solution.</p><p><br></p><h2>How Diverse Follow Works</h2><h3>1. Browse and Select Traders</h3><p>In the Diverse Follow Center, you can view and compare profiles of multiple professional traders.</p><p>Each trader’s profile provides transparent performance data, including:</p><ul><li>Return on Investment (ROI)</li><li>Historical order records</li><li>Strategy characteristics</li></ul><p>This information helps you choose the right traders based on your <strong>risk tolerance</strong> and <strong>investment goals</strong>.</p><p><br></p><h3>2. Real-time Multi-trader Following</h3><p>Once you select your preferred traders, the system will automatically and instantly copy their trades to your account.</p><ul><li>You can follow multiple traders at the same time.</li><li>Easily diversify your portfolio.</li><li>Adjust your copy trading settings anytime.</li></ul><p><br></p><h3>3. Risk Management and Control</h3><p>BYDFi offers comprehensive risk control tools to safeguard your capital:</p><ul><li>Set Stop Loss and Take Profit levels</li><li>Customize fund allocation per trader</li><li>Adjust strategies flexibly based on market conditions</li></ul><p><br></p><h3>4. Learn While You Earn</h3><p>Diverse Follow is not just about potential profits—it’s also a <strong>learning shortcut</strong>.</p><p>By observing professional traders’ strategies and trade executions, beginners can:</p><ul><li>Understand market patterns faster</li><li>Reduce trial-and-error learning costs</li><li>Gain valuable trading insights</li></ul><p><br></p><h2>Key Benefits of BYDFi Diverse Follow</h2><ul><li>One-click expert strategies – Copy trades from top traders without advanced knowledge.</li><li>Diversified portfolio – Follow multiple traders at once to reduce single-strategy risk.</li><li>High transparency – Access full trader data and performance history for informed decisions.</li><li>Instant execution – Trades are automatically synced to your account in real time.</li><li>Flexible risk management – Set your own copy amounts, stop-loss, and take-profit levels.</li></ul><p><br></p><h2>How to Start Using Diverse Follow</h2><ul><li>Register or Log In – Create a BYDFi account or log in to your existing account.</li><li>Explore Traders – Go to the Copy Trading Center to browse traders’ performance and strategies.</li><li>Select and Follow – Choose multiple traders that fit your needs and allocate funds.</li><li>Start Exploring – The system will automatically copy their trades, allowing you to learn and earn simultaneously.</li></ul><p><br></p><h2>Conclusion</h2><p><strong>BYDFi Diverse Follow</strong> makes crypto trading <strong>simpler, smarter, and more flexible</strong>.</p><p>By leveraging the expertise of multiple professional traders, you can:</p><ul><li>Diversify your portfolio</li><li>Increase your chances of success</li><li>Learn valuable trading strategies</li></ul><p>Start your <strong>Diverse Follow journey</strong> today and upgrade your trading experience with BYDFi!</p>

Introduction to BYDFi Diverse Follow

<p style="text-align: start;"><img src="https://uploads.bydfi.in/events/cms/BYD.1747897790568.image.png" alt="BYD.1747897790568.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1747897790568.image.png" style="width: 100%;"></p><p>In <strong>BYDFi Copy Trading</strong>, traders can earn additional income through profit sharing. This article explains the <strong>profit sharing conditions, settlement process, commission rate settings, and real examples</strong> to help both traders and followers clearly understand how revenue distribution works.</p><p><br></p><h2>Profit Sharing Conditions</h2><h3>1. Settlement After All Positions Are Closed </h3><p>When all follower positions linked to a trader are fully closed, the system will calculate and settle profit sharing the next day.</p><h3>2. No Settlement for Open Positions </h3><p>If a follower still has any open copy trading orders, profit sharing will be postponed. Settlement will only take place the day after the last position is closed.</p><p><br></p><h2>Profit Sharing Settlement Process</h2><h3>1. Pre-deduction and Settlement Time </h3><ul><li>When a trader closes a position and the follower makes a profit, the system will pre-deduct the profit share from the follower’s account. </li><li>At 11:00 (UTC+8) the next day, the system will calculate the total actual profit generated between 08:00 (UTC+8) of the previous day to 08:00 (UTC+8) of the current day, and determine the final payable profit share.</li></ul><h3>2. Refund of Over-deduction </h3><ul><li>If the actual payable profit share is lower than the pre-deducted amount, the system will refund the difference to the follower’s account. The remaining amount will then be settled to the trader.</li></ul><h3>3. Profit Share Status </h3><ul><li>Pending Profit Share (USDT): Accumulated profit share from profitable copy trading orders that have not yet been settled. This value is dynamic and may decrease if subsequent copy trades incur losses. </li><li>Settled Profit Share (USDT): The total amount of profit share that has already been paid out to the trader.</li></ul><h3>4. Special Cases </h3><ul><li>To protect followers, if pre-deduction of profit share causes or may cause liquidation (margin call), the system will not pre-deduct profit share for that specific order. In such cases, the trader will not receive any commission from that order.</li></ul><p><br></p><h2>Trader Commission Rate</h2><ul><li>By default, BYDFi sets the trader’s profit sharing rate at 10%.</li><li>Traders can adjust their commission rate under My Lead Trade → Trade Settings.</li></ul><p><br></p><h2>Profit Sharing Examples</h2><h3>Example 1: Single Profitable Order</h3><p>User A follows Trader M and opens BCHUSDT, making a profit of 15 USDT.</p><p>All positions are closed before 08:00 (UTC+8) the next day.</p><ul><li>Pre-deduction: 15 × 10% = 1.5 USDT</li><li>Settlement at 11:00 (UTC+8): Trader M receives 1.5 USDT profit share.</li></ul><p><br></p><h3>Example 2: Multiple Orders with Mixed Results</h3><p>User B follows Trader M: </p><ul><li>BTCUSDT profit: 50 USDT </li><li>ETHUSDT loss: 20 USDT</li></ul><p>Pre-deduction: 50 × 10% = 5 USDT</p><p>Final Settlement: (50 – 20) × 10% = 3 USDT</p><p>Refund: 5 – 3 = 2 USDT returned to User B</p><p>Trader M receives: 3 USDT</p><p><br></p><h3>Example 3: Partial Closed, Partial Open Positions</h3><p>User C follows Trader M: </p><ul><li>BTCUSDT profit: 40 USDT → Closed </li><li>ETHUSDT profit: 30 USDT → Still open </li><li>BCHUSDT loss: 20 USDT → Still open</li></ul><p>Pre-deduction: (40 × 10%) + (30 × 10%) = 7 USDT</p><p>Next-day settlement: Only the closed BTCUSDT is counted → 40 × 10% = 4 USDT paid to Trader M</p><p>ETHUSDT and BCHUSDT will be settled after they are fully closed.</p><p><br></p><h2>Summary</h2><p>The <strong>BYDFi Copy Trading profit sharing system</strong> ensures:</p><ul><li>Traders earn fair revenue from successful strategies</li><li>Followers do not pay any commission when they incur losses</li><li>Automatic and transparent settlement for both parties</li></ul>

BYDFi Copy Trade: Trader Profit Sharing

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1756722719781.image.png" alt="BYD.1756722719781.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756722719781.image.png" style="width: 100%;"/></p><h2>1. What is Diverse Follow?</h2><p>Diverse Follow is an advanced copy trading feature offered by BYDFi that allows investors to <strong>follow multiple traders simultaneously</strong>, automatically replicating their trading strategies.<br><br>This helps diversify investment portfolios, reduce risks, and leverage the expertise of professional traders.</p><p>You can choose to:</p><ul><li>Become a trader: Share your strategies and allow others to follow.</li><li>Become a follower: Follow one or more outstanding traders to diversify your investments.</li></ul><p><br></p><h2>2. What are the requirements to become a Diverse Follow trader?</h2><ul><li>Complete KYC verification.</li><li>Must not be following other traders at the same time.</li><li>Each trader can only register one account for Diverse Follow.</li><li>Self-introduction must not include advertisements or promotional content.</li></ul><p><br></p><h2>3. Does my Diverse Follow account share funds with my contract trading account?</h2><p>No. <strong>Diverse Follow accounts are independent</strong> from contract trading accounts.</p><p><br></p><h2>4. Why haven’t I received my profit-sharing yet?</h2><p>BYDFi settles profit-sharing daily at <strong>11:00 AM (UTC+8)</strong>.<br><br>Profits are calculated based on <strong>all closed follower trades</strong> between 08:00 AM (UTC+8) of the previous day and 08:00 AM (UTC+8) of the current day.</p><p>📌 If followers still have open trades, profit-sharing will not be distributed until all positions are closed.</p><p><br></p><h2>5. Why didn’t the trader receive the estimated profit shown on the page?</h2><p>Profit sharing is only generated when a <strong>trader’s order is profitable</strong>.<br><br>👉 Losing orders do not generate profit sharing.</p><p><br></p><h2>6. What is the profit-sharing percentage for traders?</h2><p>The <strong>default BYDFi profit-sharing ratio is 10%</strong>.</p><p><br></p><h2>7. Which wallet receives the trader’s profit?</h2><p>Profit-sharing is distributed to the trader’s <strong>Default Perpetual Wallet</strong>.</p><p><br></p><h2>8. Why did a trader’s number of followers suddenly decrease?</h2><p>If a follower’s account equity is <strong>≤ 0</strong> and no trades have been copied for <strong>14 consecutive days</strong>, the system will automatically cancel the following relationship.</p><p><br></p><h2>9. Can traders use One-Way Mode for Diverse Follow trading?</h2><p>No. Traders must use <strong>Hedge Mode</strong> to participate in Diverse Follow trading.</p><p><br></p><h2>10. How can a trader increase the maximum number of followers?</h2><p>By <strong>increasing equity</strong> in their contract account, traders can unlock higher follower limits.</p><p><br></p><h2>11. What if I want to follow a trader, but their follower capacity is full?</h2><p>You can set a <strong>Follow Reminder</strong>.<br><br>When the trader’s follower count drops below the maximum limit, you’ll receive a notification so you can start following immediately.</p><p><br></p><h2>12. Why did my Diverse Follow attempt fail?</h2><p>Possible reasons include:</p><ul><li>Trader’s status revoked, relationship ended</li><li>Trader manually removed the follower</li><li>Trader’s margin allocation limit reached</li><li>Trader’s copy order limit reached</li><li>Trader’s order partially filled</li><li>Follower’s margin balance insufficient</li><li>Exceeded trading pair follow limit</li><li>Follow amount smaller than the minimum required</li><li>Follow amount larger than the maximum allowed</li></ul><p><br></p><h2>13. If a trader’s status is revoked and they reapply, will history be retained?</h2><p>Yes. The platform <strong>retains all trading and follow history</strong>, even if the trader reapplies.</p><p><br></p><h2>14. Can a trader whose status was revoked still receive profit from closed trades?</h2><p>Yes. Profit sharing is <strong>only based on trade results</strong> and is not affected by trader status.</p><p><br></p><h2>15. Why is the COPY wallet visible in my assets page but not on the trading page?</h2><p>The <strong>COPY wallet is only displayed for trader accounts</strong> on the trading page.<br><br>If you’re not a trader, it will not appear there.</p><p><br></p><h2>16. What causes the system to automatically cancel a follow relationship?</h2><ul><li>The trader has not opened a position for 21 consecutive days</li><li>Your account balance is ≤ 0 and you have not copied trades from that trader for 14 consecutive days</li><li>5 consecutive failed follow attempts</li></ul><p><br></p><h2>17. Why can’t I see Diverse Follow orders in the “Current Positions” section?</h2><ul><li>The “Current Positions” section does not show Diverse Follow trades. Please check the Diverse Follow Center.</li><li>On older versions of the app, you can find them under the “Current Copy Trades” tab.</li><li>On the latest app version, the “Current Copy Trades” tab has been removed. All orders are now consolidated in the Diverse Follow Center.</li></ul>

Diverse Follow FAQ

<p>The <strong>Diverse Follow</strong> feature on the BYDFi APP allows you to follow multiple traders simultaneously, diversify your investments, and manage risk more effectively. This guide explains how to set up Diverse Follow, configure risk parameters, track performance, and close positions directly from the mobile app.</p><p><br></p><h2>How to Use Diverse Follow on BYDFi APP</h2><h3>1. Open Copy Trading </h3><p>On the BYDFi APP homepage, tap <strong>Copy Trading</strong> to enter the copy trading section.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756717752484.image.png" alt="BYD.1756717752484.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756717752484.image.png" style="width: 50%;"/></p><h3>2. Select a Trader </h3><p>Browse trader profiles to view performance history, risk level, and trading data. You can follow multiple traders at once to spread out risk. If a trader has reached the maximum follower limit, tap Follow Reminder to get notified when a slot opens.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756717777894.image.png" alt="BYD.1756717777894.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756717777894.image.png" style="width: 50%;"/></p><h3>3. Switch Follow Mode </h3><p>On the trader’s settings page, switch between Smart Copy or Diverse Follow modes depending on your strategy.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756717898529.image.png" alt="BYD.1756717898529.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756717898529.image.png" style="width: 50%;"/></p><h3>4. Configure Diverse Follow Settings </h3><p>After selecting a trader, tap <strong>Copy Now</strong> to open the settings page. </p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756718232056.image.png" alt="BYD.1756718232056.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756718232056.image.png" style="width: 50%;"/></p><p><br></p><h2>Setting Up Diverse Follow Trades (APP)</h2><p>When setting up Diverse Follow, you can customize:</p><p>Select Margin Mode </p><ul><li>Fixed Amount: Use a set USDT amount for each trade (minimum 10 USDT). </li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756718270239.image.png" alt="BYD.1756718270239.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756718270239.image.png" style="width: 50%;"/></p><ul><li>Fixed Multiplier: Allocate funds proportionally to the trader’s position size.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756718305255.image.png" alt="BYD.1756718305255.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756718305255.image.png" style="width: 50%;"/></p><p>Choose Trading Pairs Select specific contract trading pairs or let the system auto-distribute across multiple pairs.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756718383265.image.png" alt="BYD.1756718383265.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756718383265.image.png" style="width: 50%;"/></p><p>Set Risk Parameters Take Profit (TP%) Stop Loss (SL%) Maximum Follow Amount (USDT) Slippage (%)</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756718422584.image.png" alt="BYD.1756718422584.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756718422584.image.png" style="width: 50%;"/></p><p>✅ Tap <strong>Copy Now</strong> to activate your Diverse Follow trading.</p><p><br></p><h2>Editing or Canceling Follow (APP)</h2><ul><li>Go to My Copy Trade → &nbsp;My Trades to manage traders you are following.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756718628321.image.png" alt="BYD.1756718628321.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756718628321.image.png" style="width: 50%;"/></p><p>📌 <strong>Important Notes</strong>:</p><ul><li>Canceling follow will not affect open positions. They will still follow the trader’s closing actions or can be manually closed.</li><li>Changes to follow settings apply only to new trades, not existing positions.</li></ul><p><br></p><h2>Viewing Diverse Follow Trade Data (APP)</h2><p>In the <strong>My Copy Trade</strong> section, you can track:</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756719495200.image.png" alt="BYD.1756719495200.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756719495200.image.png" style="width: 50%;"/></p><ul><li>Today’s Profit/Loss – Realized daily P&L from follow trades.</li><li>Followed Amount – Total margin used in follow trades.</li><li>Net Profit – Realized profit/loss minus fees.</li><li>Unrealized P&L – Floating profit/loss on open trades.</li><li>Active Traders – Number of traders currently followed.</li><li>Total Traders Followed – Includes both active and past traders.</li></ul><p><br></p><h2>Closing Diverse Follow Positions (APP)</h2><p>You can close positions individually or all at once:</p><h3>1. Close Individual Orders</h3><ul><li>Go to My Copy Trade → Ongoing.</li><li>Tap Details to view order information.</li><li>Select Market Close to close that specific order.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756719735526.image.png" alt="BYD.1756719735526.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756719735526.image.png" style="width: 50%;"/></p><h3>2. Close All Orders at Once</h3><ul><li>On the Summary Page, tap Close All to exit all follow trades immediately.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756719862745.image.png" alt="BYD.1756719862745.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756719862745.image.png" style="width: 50%;"/></p><p>📌 Only <strong>Market Orders</strong> are supported for closing Copy positions.</p><p><br></p><h2>Advantages of Diverse Follow on BYDFi APP</h2><ul><li>Diversified Investment – Reduce risk by following multiple traders simultaneously.</li><li>Flexible Fund Allocation – Set your own margin, TP/SL levels, and pair preferences.</li><li>Transparent Performance Tracking – Monitor trader performance, profits, and profit-sharing in real time.</li></ul><p>👉 With <strong>Diverse Follow</strong> on the BYDFi APP, you can optimize your follow trading strategy, balance risk and reward, and trade smarter.</p>

Diverse Follow Trading Guide (APP)

<p>This guide will walk you through how to use the <strong>Diverse Follow</strong> feature on the BYDFi web platform. Learn how to select traders, set risk parameters, track performance, and manage your positions to optimize your follow trading experience.</p><p><br></p><h2>How to Use Diverse Follow on BYDFi</h2><h3>1. Access the Copy Trading Page </h3><p>Click “Copy” on the homepage to enter the copy trading section.<img src="https://uploads.bydfi.in/events/cms/BYD.1756457498467.image.png" alt="BYD.1756457498467.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756457498467.image.png" style="width: 100%;"/></p><h3>2. Select a Trader </h3><p>View each trader’s historical performance, trading data, and risk level. You can follow multiple traders simultaneously to diversify your investments. If a trader has reached the maximum follower limit, click “Follow Reminder” to get notified when a slot becomes available.<img src="https://uploads.bydfi.in/events/cms/BYD.1756457560645.image.png" alt="BYD.1756457560645.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756457560645.image.png" style="width: 100%;"/></p><h3>3. Switch Copy Mode </h3><p>On the trader settings page, switch between follow modes as needed.<img src="https://uploads.bydfi.in/events/cms/BYD.1756457652758.image.png" alt="BYD.1756457652758.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756457652758.image.png" style="width: 100%;"/></p><h3>4. Enter Diverse Follow Settings </h3><p>After selecting a trader, click “Copy Now” to open the settings page. <img src="https://uploads.bydfi.in/events/cms/BYD.1756457718316.image.png" alt="BYD.1756457718316.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756457718316.image.png" style="width: 100%;"/></p><p><br></p><h2>Setting Up Diverse Follow Trades</h2><p>On the settings page, you can configure the following:</p><p>Select Margin Mode </p><ul><li>Fixed Amount: Follow each trade with a fixed USDT amount (minimum 10 USDT). </li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756457798508.image.png" alt="BYD.1756457798508.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756457798508.image.png" style="width: 100%;"/></p><ul><li>Fixed Multipiler: Allocate funds proportionally according to the trader’s position size.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756457841086.image.png" alt="BYD.1756457841086.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756457841086.image.png" style="width: 100%;"/></p><p>Select Trading Pairs Choose specific contract trading pairs, or let Diverse Follow automatically distribute across multiple pairs.<img src="https://uploads.bydfi.in/events/cms/BYD.1756457875031.image.png" alt="BYD.1756457875031.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756457875031.image.png" style="width: 100%;"/></p><p>Set Risk Parameters Take Profit (TP%) Stop Loss (SL%) Maximum Follow Amount (USDT) Slippage (%)<img src="https://uploads.bydfi.in/events/cms/BYD.1756457958368.image.png" alt="BYD.1756457958368.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756457958368.image.png" style="width: 100%;"/></p><p>Click “Copy Now” to activate your Diverse Follow trading.<img src="https://uploads.bydfi.in/events/cms/BYD.1756457996097.image.png" alt="BYD.1756457996097.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756457996097.image.png" style="width: 100%;"/></p><h2>Edit or Cancel Follow</h2><ul><li>In “Trader List” or “My Traders”, locate the trader you are currently following.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756458061212.image.png" alt="BYD.1756458061212.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756458061212.image.png" style="width: 100%;"/><img src="https://uploads.bydfi.in/events/cms/BYD.1756458136321.image.png" alt="BYD.1756458136321.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756458136321.image.png" style=""/></p><ul><li>Click “My Trader → Details” to edit or cancel your follow settings.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756458181071.image.png" alt="BYD.1756458181071.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756458181071.image.png" style="width: 100%;"/></p><p><strong>Note:</strong></p><ul><li>Canceling a follow will not affect existing open orders; they will still follow the trader’s closing actions or can be closed manually.</li><li>Any changes to follow settings only apply to new follow trades and do not affect current open positions.</li></ul><p><br></p><h2>Viewing Diverse Follow Trade Data</h2><p>On the <strong>“My Copy Trade”</strong> page, you can track your complete trading performance:</p><ul><li>Today’s Profit/Loss: Total realized P&L from follow trades for the day.</li><li>Followed Amount: Cumulative margin used in historical follow trades.</li><li>Net Profit: Total realized profit/loss minus trading fees, funding fees, and follow sharing fees.</li><li>Unrealized P&L: Floating profit/loss from open positions.</li><li>Active Traders: Number of traders you are currently following.</li><li>Total Traders Followed: Includes historical follows, even those canceled.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756458254603.image.png" alt="BYD.1756458254603.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756458254603.image.png" style="width: 100%;"/></p><h2>Closing Positions</h2><p>Users can close Diverse Follow trades as follows:</p><h3>1. Close Individual Orders </h3><ul><li>Select the order and click Details to view order information. </li><li>Click Market Close to close the specific Diverse Follow position.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756458372025.image.png" alt="BYD.1756458372025.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756458372025.image.png" style="width: 100%;"/></p><h3>2. Close All Orders at Once </h3><p>To close all open follow positions, go to the Summary Page and click Close All, quickly closing all orders.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756458432881.image.png" alt="BYD.1756458432881.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756458432881.image.png" style="width: 100%;"/></p><p>📌 <strong>Note:</strong> Only market orders are supported for closing positions.</p><p><br></p><h2>Advantages of Diverse Follow</h2><ul><li>Investment Diversification: Follow multiple traders simultaneously to reduce single-trader risk.</li><li>Flexible Fund Allocation: Set maximum amounts, ratios, and trading pairs according to your strategy.</li><li>Transparent Performance Tracking: Monitor profits, losses, trader performance, and profit-sharing in real-time.</li></ul><p>👉 Using <strong>Diverse Follow</strong>, BYDFi users can manage their follow trading strategy more intelligently, balancing risk and reward effectively.</p>

Diverse Follow Trading Guide (PC)

<p>This guide provides <strong>BYDFi PC traders</strong> with a complete tutorial on setting up personal trader settings, initiating copy trades, managing positions, configuring take-profit and stop-loss, tracking profit-sharing data, and managing followers. By following this guide, traders can efficiently manage copy trading and optimize their trading strategies.</p><p><br></p><h2>Trader Personal Settings</h2><p>After being approved as a trader, follow the steps below to complete your personal settings:</p><p>1. From the homepage, click Copy Trading to enter the copy trading page.<img src="https://uploads.bydfi.in/events/cms/BYD.1756447664158.image.png" alt="BYD.1756447664158.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756447664158.image.png" style="width: 100%;"/></p><p>2. Click My Lead Trades.<img src="https://uploads.bydfi.in/events/cms/BYD.1756447902134.image.png" alt="BYD.1756447902134.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756447902134.image.png" style="width: 100%;"/></p><p>3. In the Personal Settings section, complete all necessary copy trading configurations.<img src="https://uploads.bydfi.in/events/cms/BYD.1756448011909.image.png" alt="BYD.1756448011909.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756448011909.image.png" style="width: 100%;"/></p><p>Within the <strong>Copy Trading Mode</strong> block, you can choose:</p><ul><li>Smart Copy Only</li><li>Smart Copy / Diverse Follow (both modes allowed)</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756448148874.image.png" alt="BYD.1756448148874.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756448148874.image.png" style="width: 100%;"/></p><h2>Increase Account Equity to Gain More Followers</h2><p>Traders can increase their account equity to unlock a higher <strong>maximum number of followers</strong>. The minimum balance required is <strong>100 USDT</strong>.</p><table style="width: auto;"><tbody><tr><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Account Equity (USDT)</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Maximum Followers</th></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">0 ≤ Equity &lt; 100</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">0</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">100 ≤ Equity &lt; 1,000</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">50</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">1,000 ≤ Equity &lt; 10,000</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">100</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">≥ 10,000</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">200</td></tr></tbody></table><p>👉 <strong>Tip:</strong> A higher account balance increases trader credibility, attracts more followers, and enhances copy trading performance.</p><p><br></p><h2>How to Initiate Copy Trading (PC Version)</h2><p>Traders can initiate copy trading in two ways:</p><ul><li>Method 1: On the Copy Trading Homepage, click Initiate Trade.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756448260647.image.png" alt="BYD.1756448260647.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756448260647.image.png" style="width: 100%;"/></p><ul><li>Method 2: On the Contract Trading Page, open a position using the Copy Trading Wallet, which will automatically start copy trading.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756448304951.image.png" alt="BYD.1756448304951.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756448304951.image.png" style="width: 100%;"/></p><p>⚠️ <strong>Note:</strong> Copy trading is currently only supported in <strong>Hedge Mode</strong>.</p><p><br></p><h2>Viewing Copy Trading Position Data</h2><p>After initiating a copy trade, traders can check position data in:</p><ul><li>My Lead Trades → Current Copy Trades: Displays the trader’s own positions (follower trades not included).</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756448602029.image.png" alt="BYD.1756448602029.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756448602029.image.png" style="width: 100%;"/></p><ul><li>Lead Position (Contract Trading Page): Each newly opened lead trade is listed separately.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756448464074.image.png" alt="BYD.1756448464074.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756448464074.image.png" style="width: 100%;"/></p><p>🔹 Additional Notes:</p><ul><li>Liquidation Price is not displayed in Current Copy Trades.</li><li>Positions in the same direction are consolidated under Positions in the Contract Trading section.</li></ul><p><br></p><h2>Setting Take Profit and Stop Loss</h2><p>Traders can set <strong>Take Profit (TP)</strong> and <strong>Stop Loss (SL)</strong> in either:</p><ul><li>Current Positions</li><li>Lead Positions (Contract Trading Page)</li></ul><p>This helps control risk and protect profits during copy trading.<img src="https://uploads.bydfi.in/events/cms/BYD.1756448758629.image.png" alt="BYD.1756448758629.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756448758629.image.png" style="width: 100%;"/></p><h2>Closing Copy Trading Positions</h2><p>Traders can close positions through <strong>Current Positions</strong> or <strong>Lead Positions</strong> on the contract trading page.</p><ul><li>Only Market Orders can be used to close trades.</li><li>Trailing Stop and Limit Orders are not supported for closing copy trading positions.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756448854502.image.png" alt="BYD.1756448854502.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756448854502.image.png" style="width: 100%;"/></p><h2>Viewing Copy Trading and Profit-Sharing Data</h2><p>Go to <strong>Copy Trading Homepage → My Lead Trades</strong> to monitor trading performance and earnings. Available data includes:</p><ul><li>Overview: Current Copy Trades, Copy Trade History</li><li>Profit Sharing Data: Unsettled Profit, Settled Profit</li><li>My Followers: View all followers with support for Smart Ratio and Diverse Exploration modes</li><li>Personal Settings: Manage trading configurations and risk controls</li><li>Trading Info: Check trading pairs, order limits, and margin requirements</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756448908619.image.png" alt="BYD.1756448908619.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756448908619.image.png" style="width: 100%;"/></p><p>👉 With these tools, BYDFi traders can track performance, review profit distribution, and manage followers more effectively.</p><p><br></p><h2>Profit-Sharing Data Explained</h2><p>In <strong>My Lead Trades → Profit-Sharing Data</strong>, traders can view details of their copy trading income:</p><ul><li>Unsettled Profit (USDT): Accumulated profit from closed trades that is not yet settled. This value may fluctuate based on follower trade results.</li><li>Settled Profit (USDT): Total profit already distributed to the trader’s account.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756450134953.image.png" alt="BYD.1756450134953.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756450134953.image.png" style="width: 100%;"/></p><h2>Managing Followers</h2><p>In <strong>My Lead Trades → My Followers</strong>, traders can manage all current followers:</p><ul><li>Remove Followers: The removed user will no longer follow new trades, but existing open positions will still follow the trader’s closing actions.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756450220471.image.png" alt="BYD.1756450220471.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756450220471.image.png" style="width: 100%;"/></p><p><br></p><h2>Key Takeaways</h2><ul><li>Complete Personal Settings before starting copy trading.</li><li>Increase account equity to unlock more followers.</li><li>Copy trading is currently only available in Hedge Mode.</li><li>Use Market Orders only when closing lead trades.</li><li>Regularly check Profit-Sharing Data and Followers List to optimize your copy trading strategy.</li></ul><p>By following this guide, BYDFi traders can efficiently manage their copy trading accounts, attract more followers, and maximize profit potential.</p>

Trader Personal Settings & Copy Trading Guide (PC)

<p>This guide provides BYDFi APP traders with step-by-step instructions on setting up personal trader settings, initiating copy trades, managing positions, configuring take-profit and stop-loss, tracking profit-sharing data, and managing followers. Follow this guide to efficiently manage copy trading and optimize your trading strategies on mobile.</p><p><br></p><h2>Trader Personal Settings</h2><p>After being approved as a trader, complete your personal settings:</p><p>1. Open the BYDFi APP and tap Copy Trading on the homepage.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756694647925.image.png" alt="BYD.1756694647925.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756694647925.image.png" style="width: 50%;"/></p><p>2. Tap My Lead Trades.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756694692046.image.png" alt="BYD.1756694692046.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756694692046.image.png" style="width: 50%;"/></p><p>3. Tap the setting icon in the upper right corner</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756708348536.image.png" alt="BYD.1756708348536.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756708348536.image.png" style="width: 50%;"/></p><p>4. In the Personal Settings section, complete all necessary copy trading configurations.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756694751252.image.png" alt="BYD.1756694751252.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756694751252.image.png" style="width: 50%;"/></p><p>Within the <strong>Copy Trading Mode</strong> block, choose:</p><ul><li>Smart Copy Only</li><li>Smart Copy / Diverse Follow (both modes allowed)</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756694831999.image.png" alt="BYD.1756694831999.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756694831999.image.png" style="width: 50%;"/></p><p><br></p><h3>Increase Account Equity to Gain More Followers</h3><p>Traders can increase account equity to unlock a higher maximum number of followers. Minimum balance: 100 USDT.</p><table style="width: auto;"><tbody><tr><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Account Equity (USDT)</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Maximum Followers</th></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">0 ≤ Equity &lt; 100</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">0</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">100 ≤ Equity &lt; 1,000</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">50</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">1,000 ≤ Equity &lt; 10,000</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">100</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">≥ 10,000</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">200</td></tr></tbody></table><p>💡 <strong>Tip:</strong> Higher account balance improves credibility, attracts more followers, and enhances copy trading performance.</p><p><br></p><h2>How to Initiate Copy Trading</h2><p>Traders can start copy trading in two ways:</p><p>1. On the Copy Trading homepage, tap Initiate Trade.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756694955125.image.png" alt="BYD.1756694955125.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756694955125.image.png" style="width: 50%;"/></p><p>2. On the Contract Trading page, open a position using the Copy Trading Wallet — this will automatically start copy trading.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756695053644.image.png" alt="BYD.1756695053644.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756695053644.image.png" style="width: 50%;"/></p><p>⚠️ <strong>Note:</strong> Copy trading currently only supports <strong>Hedge Mode</strong>.</p><p><br></p><h2>Viewing Copy Trading Positions</h2><p>Check positions after initiating copy trading:</p><ul><li>My Lead Trades → Positions: Displays only the trader’s positions (excluding followers).</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756708396500.image.png" alt="BYD.1756708396500.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756708396500.image.png" style="width: 50%;"/></p><ul><li>Ongoing (Contract Trading page): Each new lead trade is listed separately.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756696674757.image.png" alt="BYD.1756696674757.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756696674757.image.png" style="width: 50%;"/></p><p><strong>Notes:</strong></p><ul><li>Liquidation Price is not displayed in Current Copy Trades.</li><li>Positions in the same direction are consolidated under Positions in the Contract Trading section.</li></ul><p><br></p><h2>Setting Take Profit & Stop Loss</h2><p>Traders can set <strong>TP</strong> and <strong>SL</strong> in:</p><ul><li>Positions / Ongoing (Contract Trading page)</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756699220230.image.png" alt="BYD.1756699220230.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756699220230.image.png" style="width: 50%;"/></p><ul><li>Lead Positions (My Lead Trade Page)</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756710271630.image.png" alt="BYD.1756710271630.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756710271630.image.png" style="width: 50%;"/></p><p>This helps manage risk and protect profits.</p><p style="text-align: start;"><br></p><h2>Closing Copy Trading Positions</h2><p>You can close your copy trading positions either from the <strong>My Lead Trade</strong> page or directly on the <strong>Contract Trading</strong> page.</p><h3>From the My Lead Trade Page</h3><ol><li>Go to My Lead Trade &gt; Positions.</li><li>Click Details to view the order information.</li><li>Select Market Close to close the specific position.</li></ol><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756708447031.image.png" alt="BYD.1756708447031.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756708447031.image.png" style="width: 50%;"/></p><p><br></p><h3>From the Contract Trading Page</h3><ol><li>Go to the Contract Trading page.</li><li>Under Positions or the Ongoing section, locate your active trade.</li><li>Choose Market Close to exit the position.</li></ol><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756700196288.image.png" alt="BYD.1756700196288.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756700196288.image.png" style="width: 50%;"/></p><ul><li>Only Market Orders can be used for closing.</li><li>Trailing Stop and Limit Orders are not supported for lead trades.</li></ul><p><br></p><h2>Viewing Copy Trading & Profit-Sharing Data</h2><p>In <strong>My Lead Trades</strong>, you can track performance and earnings:</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756710311760.image.png" alt="BYD.1756710311760.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756710311760.image.png" style="width: 50%;"/></p><ul><li>Profit Sharing Data: Unsettled Profit, Settled Profit</li><li>Positions: Current Copy Trades, Copy Trade History</li><li>My Followers: View all followers; supports Smart Ratio & Diverse Follow modes</li></ul><p>💡 These tools let traders track performance, monitor profit distribution, and manage followers efficiently.</p><p><br></p><h2>Profit-Sharing Data</h2><ul><li>Unsettled Profit (USDT): Accumulated profit from closed trades, not yet settled. May fluctuate depending on follower results.</li><li>Settled Profit (USDT): Total profit already distributed to your account.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756708851092.image.png" alt="BYD.1756708851092.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756708851092.image.png" style="width: 50%;"/></p><p><br></p><h2>Managing Followers</h2><p>In <strong>My Lead Trades → My Followers</strong>, traders can:</p><ul><li>Remove Followers: The removed user will no longer follow new trades, but existing open positions remain linked to the trader’s closing actions.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1756708907532.image.png" alt="BYD.1756708907532.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1756708907532.image.png" style="width: 50%;"/></p><p><br></p><h2>Key Takeaways</h2><ul><li>Complete Personal Settings before starting copy trading.</li><li>Increase account equity to unlock more followers.</li><li>Copy trading is only supported in Hedge Mode.</li><li>Use Market Orders for closing lead trades.</li><li>Regularly check Profit-Sharing Data and Followers to optimize your strategy.</li></ul><p>Following this guide helps BYDFi APP traders manage copy trading efficiently, attract more followers, and maximize profit potential.</p>

Trader Personal Settings & Copy Trading Guide (APP)

<p>To help users manage trading funds more efficiently, BYDFi offers the <strong>Perpetual Contract Sub-Wallet</strong> feature. With sub-wallets, users can split funds into different wallets to achieve better risk isolation and strategy allocation.</p><p><br></p><h2>Features of Perpetual Sub-Wallets</h2><ul><li>Risk Isolation: Positions and funds in different sub-wallets are independent, reducing the risk of losing all funds due to a single strategy failure.</li><li>Strategy Separation: Allocate different trading strategies to separate sub-wallets, allowing simultaneous management of multiple strategies.</li><li>Flexible Fund Allocation: Funds can be freely transferred between the main wallet and sub-wallets, enabling flexible responses to different market conditions.</li></ul><p><br></p><h2>Usage Limits</h2><ul><li>The system provides one default Perpetual Contract wallet.</li><li>Users can create one additional sub-wallet, so a maximum of two perpetual sub-wallets can be used simultaneously.</li><li>Each sub-wallet’s funds and positions are managed independently and do not offset or affect each other.</li><li>Sub-wallets cannot be deleted after creation, so it is recommended to plan your trading strategy before creating one.</li></ul><p><br></p><h2>How to Create a Perpetual Sub-Wallet (PC)</h2><h3>1. Log In and Select Wallet </h3><p>Log in to your BYDFi account, click the wallet icon at the top-right corner, and select USDT-M.<img src="https://uploads.bydfi.in/events/cms/BYD.1755840609909.image.png" alt="BYD.1755840609909.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755840609909.image.png" style="width: 100%;"/></p><h3>2. Create a Sub-Wallet </h3><p>On the Assets page, click <strong>Create a Sub-Wallet</strong> to establish your second perpetual sub-wallet. </p><p>⚠️ Note: Sub-wallet names can only contain letters or numbers and must not exceed 16 characters.<img src="https://uploads.bydfi.in/events/cms/BYD.1755840656439.image.png" alt="BYD.1755840656439.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755840656439.image.png" style="width: 100%;"/></p><h3>3. Manage Funds and Strategies </h3><p>Once created, you can transfer funds between the main wallet and sub-wallets, and manage different trading strategies separately.<img src="https://uploads.bydfi.in/events/cms/BYD.1755840697258.image.png" alt="BYD.1755840697258.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755840697258.image.png" style="width: 100%;"/></p><h2>About Bonus and Coupon in Sub-Wallets</h2><ul><li>Platform rewards cannot be transferred: Bonus or coupon can only be used in the system’s default account.</li><li>Sub-wallet fund transfers will invalidate rewards: If a sub-wallet contains bonus or coupon, any fund transfer from the sub-wallet (e.g., to a Spot account or another sub-wallet) will cause the rewards to become invalid.</li></ul>

What Is a Perpetual Contract Sub-Wallet? (PC)

<p>Looking to buy crypto with your credit or debit card? This FAQ covers the most common questions to help you complete your purchase smoothly and securely on BYDFi.</p><p><br></p><h2>1. What credit/debit cards does BYDFi support?</h2><p>BYDFi currently supports Visa and Mastercard payments.</p><p>Note: Please ensure your card supports 3D Secure, and is eligible for international and online transactions. For more details, please refer to: <a href="https://www.bydfi.com/en/support/PRODUCT_DESCRIPTION/articles/ml1xj6bmvyvv" target="_blank">List of Recommended Cards to Use for Buying Crypto</a></p><p><br></p><h2>2. In which countries/regions can I use a credit/debit card to buy crypto?</h2><p>Visa/Mastercard payments are supported in the following regions:</p><p>• EEA (European Economic Area) countries</p><p>• Non-EEA countries</p><p>For the full list, please refer to: <a href="https://www.bydfi.com/en/support/PRODUCT_DESCRIPTION/articles/zqfpmat8fsua" target="_blank">List of Restricted Countries for Buying Crypto with Credit/Debit Card</a></p><p><br></p><h2>3. What fiat and cryptocurrencies can I purchase with a credit/debit card?</h2><p>• Cryptocurrencies: &nbsp;<strong>USDT, BTC, USDC and ETH</strong></p><p>• Fiat currencies: 30+ supported, including USD, EUR, CAD, CHF, AUD, GBP, and more</p><p><br></p><h2>4. Are there any fees associated with credit/debit card payments?</h2><p>Yes, fees vary by card-issuing region:</p><table style="width: auto;"><tbody><tr><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Card Issuing Region</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Fee per Transaction</th></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">EEA Countries</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.08%</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Non-EEA Countries</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">2.8%</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">UK &amp; USA</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">3.5%</td></tr></tbody></table><p>📌 EEA Countries include: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland.</p><p>⚠️ Note: Some banks may charge a Cash Advance Fee on your credit card. Please confirm with your card issuer.</p><p><br></p><h2>5. What are the transaction limits per user?</h2><p>Per transaction: Minimum $50 equivalent, Maximum $5,000 equivalent</p><p>Daily limit: Up to $5,000 equivalent</p><p><br></p><h2>6. Is KYC verification required?</h2><p>Yes. To ensure the safety of your transactions, KYC identity verification is required for your first purchase. In some cases, third-party providers may require additional verification.</p><p><br></p><h2>7. How many cards can I link to my account?</h2><p>You can link up to 5 credit/debit cards, including any cards you unlinked from the past 30 days. Go to the "Credit/Debit Card" page and click "Card Management" in the top right corner to view or edit linked cards.</p><p>⚠️ If you remove and re-add the same card, it is considered as a new card.</p><p><br></p><h2>8. How long does it take for the crypto to be credited?</h2><p>Once your purchase is completed, your crypto will be credited to your account immediately.</p><p><br></p><h2>9. Why might card binding fail?</h2><p>Please make sure you're using a card that is under your own name, and that the cardholder name matches your BYDFi KYC information. If the transaction is declined (usually a denial from the card issuer), try using a different card.</p><p><br></p><h2>10. What should I do if my order is pending for a long time?</h2><p>Most orders are processed within seconds. If your order remains pending, log in to your account and click the support icon at the bottom right to contact BYDFi online support for assistance.</p><p><br></p><h2>11. Will I be charged if the purchase fails?</h2><p>If your order fails, no funds will be deducted from your account.</p><p>If you have encountered an issue, here are some common reasons and solutions:</p><table style="width: auto; text-align: start;"><tbody><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center; line-height: 1.5;"><strong>Reasons</strong></td><td colspan="1" rowspan="1" width="auto" style="text-align: center; line-height: 1.5;"><strong>Tips</strong></td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Transaction not permitted <br>• A rejection by the card issuer for unspecified reasons <br><br>Do not honor <br>• The card issuer will not validate the transaction</td><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Please contact your card issuer to troubleshoot, or try again later.</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Insufficient funds</td><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Please make sure you have sufficient funds in your credit/debit card account. You may also use another card to place the order.</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Invalid credit/debit card information: <br>• Cardholder name <br>• Card number <br>• Expiration date <br>• Security code</td><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Please make sure the credit/debit card information you've entered is correct, then try again.</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Card type is not supported</td><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Please use an alternative credit/debit card which is supported. Currently, Visa and Mastercard payments are supported.</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Expired credit/debit card</td><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Please contact your card issuer to replace your credit/debit card. You may use an alternative bank card to place the order.</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Closed credit/debit card account</td><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Please use another credit/debit card to make the purchase.</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Declined by card issuer</td><td colspan="1" rowspan="1" width="auto" style="text-align: left; line-height: 1.5;">Please ensure your credit/debit card is eligible for international and online transactions.</td></tr></tbody></table><p><br></p><h2>12. Where can I view my order history?</h2><p>Go to the "Credit/Debit Card" page and click "Orders" in the top right corner.</p><p><br></p><h2>13. Where can I find the crypto I purchased?</h2><p>Click "Assets &gt; Spot Account" in the navigation bar to check your balance and purchased coins.</p><p><br></p><h2>14. Need further assistance?</h2><p>Click "FAQ" in the top right corner or contact BYDFi Customer Support for assistance.</p>

Credit/Debit Card Payment FAQ

<p>Stop Limit and Stop Market orders are advanced trading tools available on <strong>BYDFi Perpetual Contracts</strong>. They allow traders to automate <strong>Stop Loss (SL)</strong> and <strong>Take Profit (TP)</strong> strategies, protect positions, and manage risk without constantly monitoring the market.</p><p>⚠️ Note: If you select One-Way Position Mode, you cannot enable TP/SL and Reduce-Only at the same time.</p><p><br></p><h2>How to Place Stop Limit / Stop Market Orders on Perpetual Contracts</h2><h3>1. Enter the Perpetual Contract Trading Page</h3><p>Log in to your BYDFi account and navigate to the <strong>Perpetual Contract Trading</strong> page.<img src="https://uploads.bydfi.in/events/cms/BYD.1755759973099.image.png" alt="BYD.1755759973099.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755759973099.image.png" style="width: 100%;"/></p><h3>2. Select Stop Order Mode</h3><p>Choose <strong>Stop Limit</strong> or <strong>Stop Market</strong> from the order panel.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755760018288.image.png" alt="BYD.1755760018288.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755760018288.image.png" style="width: 100%;"/></p><h3>3. Set Trigger and Limit Prices</h3><ul><li>Stop Limit: define both a Trigger Price and a Limit Price.</li><li>Stop Market: define a Trigger Price, and the system will execute a market order once triggered.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755760186275.image.png" alt="BYD.1755760186275.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755760186275.image.png" style="width: 100%;"/></p><h3>4. Set Stop Loss / Take Profit</h3><ul><li>You can set a general Stop Loss.</li><li>Tick TP/SL, then click Advanced to select Latest Price or Mark Price as your reference.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755760251324.image.png" alt="BYD.1755760251324.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755760251324.image.png" style="width: 100%;"/></p><p><br></p><h2>Stop Limit / Stop Market FAQ</h2><p><strong>Why is my Stop Loss / Take Profit order displayed when opening a position?</strong></p><p>The system generates conditional orders based on your position type and trigger price:</p><table style="width: auto;"><tbody><tr><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Direction</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Trigger Condition</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">TP/SL Order Type</th></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Long</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Trigger ≥ Mark Price</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Limit SL Order</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Long</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Trigger &lt; Mark Price</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Limit TP Order</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Short</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Trigger ≤ Mark Price</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Limit SL Order</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Short</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Trigger &gt; Mark Price</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Limit TP Order</td></tr></tbody></table><p><br></p><h3>Example Scenario</h3><ul><li>Current BTC Price: 114,000 USDT</li><li>User Wants to Buy: 1 BTC at 113,000 USDT</li></ul><p><strong>Step 1: Set Orders</strong></p><ul><li>Trigger: 115,000 USDT</li><li>Limit Price: 115,500 USDT</li></ul><p><strong>Step 2: Order Behavior</strong></p><ol><li>If BTC drops to 113,000 USDT: Buy is triggered. The Limit TP order at 115,500 USDT is cancelled.</li><li>If BTC rises to 115,000 USDT: Buy is triggered at 115,500 USDT. The Limit SL order at 113,000 USDT is cancelled.</li></ol><p>This ensures that your TP/SL orders are dynamically managed based on market movements.</p><p><br></p><h2>Key Takeaways</h2><ul><li>Stop Limit Orders: Provide more price control but may not execute instantly during high volatility.</li><li>Stop Market Orders: Execute immediately at the best available price, prioritizing speed over price control.</li><li>Always monitor Mark Price vs. Latest Price when setting triggers to avoid unexpected execution outcomes.</li></ul>

How to Use Stop Limit and Stop Market Orders in BYDFi Perpetual Contracts (PC)

How to Use Stop Limit and Stop Market Orders in BYDFi Perpetual Contracts

<p>In cryptocurrency trading, <strong>Stop Limit</strong> and <strong>Stop Market orders</strong> are advanced order types that help traders manage risk, protect profits, and automate trades.</p><p>They are especially useful for setting <strong>Stop Loss (SL)</strong> and <strong>Take Profit (TP)</strong> levels without needing to monitor the market 24/7.</p><p><br></p><h2>What Is a Stop Limit Order?</h2><p>A <strong>Stop Limit Order</strong> combines the function of a <strong>Stop Loss trigger</strong> with a <strong>Limit Order</strong>.</p><ul><li>Once the Trigger Price (Stop Loss) is reached, a Limit Order will be automatically placed.</li><li>The Limit Price is the price at which the order will be posted in the order book.</li></ul><p>👉 In simple terms:</p><ul><li>The Trigger Price activates the order.</li><li>The Limit Price defines the exact price you want the trade to execute at.</li></ul><p><br></p><h3>How It Works</h3><ul><li>For Buy Orders (Longs): The Limit Price is usually set higher than the Trigger Price.</li><li>For Sell Orders (Shorts): The Limit Price is usually set lower than the Trigger Price.</li></ul><p>This is because there may be a <strong>time gap</strong> between the moment the trigger is hit and when the Limit Order is posted, during which the market price may move.</p><p><br></p><h3>Example of a Stop Limit Order</h3><ul><li>BTC is trading at 114,000 USDT.</li><li>You set a Trigger Price at 113,000 USDT and a Limit Price at 112,900 USDT.</li><li>Once BTC hits 113,000 USDT, a Sell Limit Order at 112,900 USDT will be placed.</li><li>If BTC drops further, your position is protected within the set price range.</li></ul><p><br></p><h2>What Is a Stop Market Order?</h2><p>A <strong>Stop Market Order</strong> converts into a <strong>Market Order</strong> once the Trigger Price is reached.</p><ul><li>This ensures the trade is executed immediately at the best available market price.</li><li>It prioritizes speed over price control.</li></ul><p>⚠️ <strong>Note</strong>: During high volatility, the final execution price may differ from the visible price at the time of placing the order. This is called <strong>slippage</strong>. Traders should always consider <strong>market depth</strong> and <strong>price fluctuations</strong> before using Stop Market orders.</p><p><br></p><h2>What Is OTOCO in Limit/Market Stop Loss?</h2><p><img src="https://uploads.bydfi.in/events/cmsBYD.1735561514085.image.png" alt="BYD.1735561514085.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735561514085.image.png" style="width: 50%;"/></p><p><strong>OTOCO</strong> stands for <strong>One-Triggers-a-One-Cancels-the-Other</strong>. It is a conditional order structure used for <strong>Stop Loss (SL) / Take Profit (TP)</strong> setups.</p><ul><li>The main order (A) is your entry order.</li><li>Once A is filled, it automatically triggers two sub-orders (B and C), usually one Stop Loss and one Take Profit.</li><li>If B is executed, C is automatically cancelled.</li><li>If C is executed, B is automatically cancelled.</li></ul><p>👉 The linked sub-orders (B and C) are called <strong>OCO Orders</strong> (One-Cancels-the-Other).</p><p>This ensures only one exit order is executed, protecting your capital while securing potential profits.</p><p><br></p><h2>Important Notes for BYDFi Traders</h2><ul><li>You can set up to 10 SL/TP orders for all open positions.</li><li>Once placed, SL/TP orders will appear under the Orders section.</li><li>For step-by-step instructions, see: <a href="https://www.bydfi.com/en/support/PRODUCT_DESCRIPTION/articles/f455u1yfkzbz?title=How+to+Use+Stop+Limit+and+Stop+Market+Orders+in+BYDFi+Perpetual+Contracts+%28PC%29" target="_blank">How to Use Stop Limit and Stop Market Orders in BYDFi Perpetual Contracts (PC)</a></li></ul><p><br></p><h2>Summary: Stop Limit vs Stop Market Orders</h2><table style="width: auto;"><tbody><tr><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Feature</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Stop Limit Order</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Stop Market Order</th></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Execution Method</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Posts a Limit Order once Trigger Price is hit</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Converts directly into Market Order</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Price Control</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">High (you set the exact Limit Price)</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Low (filled at best available price)</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Risk of Slippage</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Lower</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Higher, especially in volatile markets</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Speed of Execution</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Depends on market reaching Limit Price</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Immediate once triggered</td></tr></tbody></table><p>✅ <strong>Stop Limit</strong> = More price control, less execution certainty.</p><p>✅ <strong>Stop Market</strong> = Faster execution, less control over final price.</p><p><br></p><h2>Why Use Stop Limit / Stop Market Orders?</h2><ul><li>Risk Management: Protect yourself from unexpected market drops.</li><li>Profit Protection: Automatically lock in gains when the price moves in your favor.</li><li>Convenience: Set-and-forget trading strategy.</li></ul>

What Is Stop Limit/Stop Market?

<p><img src="https://uploads.bydfi.in/events/cms1736162403814OoNnEG7Jelux.png" alt="image.png" data-href="" style="width: 100%;"/>When trading <strong>BYDFi perpetual contracts</strong>, traders pay different fees depending on whether their order is classified as a <strong>Maker</strong> or a <strong>Taker</strong>.</p><p>Understanding the difference is important because it affects both your <strong>trading costs</strong> and your <strong>strategy</strong>.</p><p><br></p><h2>Maker vs Taker: The Key Difference</h2><ul><li>Maker = Adds liquidity to the market.</li><li>Taker = Removes liquidity from the market.</li></ul><p>Liquidity simply means how much buying and selling activity exists in the order book. Makers help create market depth, while Takers use (or "take") that liquidity.</p><p><br></p><h2>What Is a Maker?</h2><ul><li>A Maker order is a limit order that is not executed immediately.</li><li>By placing such an order, you are "making" liquidity in the market because your order sits in the order book, waiting for someone else to match it.</li><li>Maker orders are typically more cost-efficient for traders who are patient.</li></ul><p><strong>Example:</strong><br><br>BTC price is <strong>140,000 USDT</strong>.</p><ul><li>You place a Limit Buy Order at 138,800 USDT.</li><li>Since it is below the current market price, your order goes into the order book and waits for a seller.</li><li>This makes you a Maker.</li></ul><p>👉 <strong>Maker Fee Rate on BYDFi</strong>: <strong>0.02%</strong></p><p><br></p><h2>What Is a Taker?</h2><ul><li>A Taker order is one that gets matched and executed immediately.</li><li>This includes market orders and limit orders that instantly match with an existing order in the order book.</li><li>Takers "take away" liquidity because they remove available orders.</li></ul><p><strong>Example:</strong><br><br>BTC price is <strong>140,000 USDT</strong>.</p><ul><li>You place a Market Buy Order.</li><li>Your order is instantly filled at the best available price in the order book (e.g., 140,000.5 USDT).</li><li>This makes you a Taker.</li></ul><p>👉 <strong>Taker Fee Rate on BYDFi</strong>: <strong>0.06%</strong></p><p><br></p><h2>Maker vs Taker Fee Rates on BYDFi</h2><table style="width: auto;"><tbody><tr><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Role</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Order Type</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Action</th><th colspan="1" rowspan="1" width="auto" style="text-align: center;">Fee Rate</th></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;"><strong>Maker</strong></td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Limit order (not filled immediately)</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Adds liquidity</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;"><strong>0.02%</strong></td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;"><strong>Taker</strong></td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Market order or limit order (immediately filled)</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Removes liquidity</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;"><strong>0.06%</strong></td></tr></tbody></table><p><br></p><h2>Why Does It Matter?</h2><ul><li>Makers generally pay lower fees (0.02%) because they provide liquidity and help the exchange run smoothly.</li><li>Takers pay higher fees (0.06%) because they demand instant execution, removing liquidity.</li><li>Traders who want to save on fees often prefer Maker strategies (placing patient limit orders).</li><li>Traders who prioritize speed and certainty often use Taker strategies (market orders).</li></ul><p><br></p><h2>Related Resources</h2><p>For more details, you can also check:</p><ul><li><a href="https://www.bydfi.com/server/en/support/FAQs/articles/on7fv1tccy2h" target="_blank">Transaction Fee Calculation</a></li><li><a href="https://www.bydfi.com/server/en/support/FAQs/articles/v3g17kzsexfg" target="_blank">Funding Fee Calculation</a></li><li><a href="https://www.bydfi.com/server/en/support/FAQs/articles/ipjvewuuebgm" target="_blank">When Will the Transaction Fees Be Charged?</a></li></ul>

What is Maker/Taker?

<p>To help users manage trading funds more efficiently, BYDFi offers the <strong>Perpetual Contract Sub-Wallet</strong> feature. With sub-wallets, users can split funds into different wallets to achieve better risk isolation and strategy allocation.</p><p><br></p><h2>Features of Perpetual Sub-Wallets</h2><ul><li>Risk Isolation: Positions and funds in different sub-wallets are independent, reducing the risk of losing all funds due to a single strategy failure.</li><li>Strategy Separation: Allocate different trading strategies to separate sub-wallets, allowing simultaneous management of multiple strategies.</li><li>Flexible Fund Allocation: Funds can be freely transferred between the main wallet and sub-wallets, enabling flexible responses to different market conditions.</li></ul><p><br></p><h2>Usage Limits</h2><ul><li>The system provides one default Perpetual Contract wallet.</li><li>Users can create one additional sub-wallet, so a maximum of two perpetual sub-wallets can be used simultaneously.</li><li>Each sub-wallet’s funds and positions are managed independently and do not offset or affect each other.</li><li>Sub-wallets cannot be deleted after creation, so it is recommended to plan your trading strategy before creating one.</li></ul><p><br></p><h2><strong>How to Create a Perpetual Sub-Wallet (APP)</strong></h2><h3>1. Log In </h3><p>Log in to your BYDFi account and open the Assets page.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755841397647.image.png" alt="BYD.1755841397647.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755841397647.image.png" style="width: 50%;"/></p><h3>2. Access Wallet Management </h3><p>Select <strong>Futures</strong> on the Assets page, then tap add Sub-Wallet to create an additional perpetual sub-wallet.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755841491998.image.png" alt="BYD.1755841491998.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755841491998.image.png" style="width: 50%;"/></p><h3>3. <strong>Add a Sub-Wallet</strong></h3><p>Sub-wallet names can only contain letters or numbers and must not exceed 16 characters.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1755841558202.image.png" alt="BYD.1755841558202.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1755841558202.image.png" style="width: 50%;"/></p><p><br></p><h2>About Bonus and Coupon in Sub-Wallets</h2><ul><li>Platform rewards cannot be transferred: Bonus or coupon can only be used in the system’s default account.</li><li>Sub-wallet fund transfers will invalidate rewards: If a sub-wallet contains bonus or coupon, any fund transfer from the sub-wallet (e.g., to a Spot account or another sub-wallet) will cause the rewards to become invalid.</li></ul>

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