iCoin Trader Copy Trading Agreement

This iCoin Trader Copy Trading Agreement (hereinafter referred to as the “Agreement”) is an agreement between you (“you” or “Trader”) and iCoin (“we” or “Platform”) regarding becoming a trader and providing copy trading services on the platform. By applying to become a trader, you agree to comply with the terms and conditions outlined in this Agreement.

1. Trader Application Requirements

Becoming an iCoin Trader grants you copy trading qualifications, allowing other users to replicate your trades while earning a share of their profits. To qualify as a trader, you must meet the following criteria:

1.1 Account Balance

•Traders must maintain a minimum contract account equity of 500 USDT or more.

•Equity includes account balance and unrealized profit and loss.

1.2 Trading Requirements

•Traders must not follow other traders for copy trading.

•Before applying, the trader’s account must have no open contract orders or active positions.

•If there are any open positions or pending orders, they must be closed or canceled before applying.

2. Trader Code of Conduct

As an iCoin Trader, you are required to follow these guidelines to ensure a fair and transparent trading environment:

•No Profit Guarantees: Traders must not promise specific returns or use exaggerated promotions to attract followers.

•Focus on Stable Trading: Traders should adopt rational trading strategies, prioritizing risk management over excessive profit-seeking. The use of follower funds for high-risk operations is strictly prohibited.

•No High-Risk Speculation: Traders must not engage in excessive leverage trading or speculative strategies that may expose followers to uncontrollable risks.

•Privacy Protection: Traders must not disclose or imply personal contact information in their profile, including but not limited to phone numbers, emails, or social media accounts.

•No Market Manipulation: Traders must not engage in fraudulent activities such as multi-account copy trading, hedging trades, or wash trading. Violations may result in permanent disqualification.

•Violation Consequences: If a trader violates this Agreement, iCoin reserves the right to cancel their trader status and recover any illicit earnings.

•Trading Monitoring: iCoin monitors trading activity in real time. If suspicious behavior is detected, the platform may take appropriate restrictive measures.

 

3. Trader Levels and Profit-Sharing Mechanism

iCoin implements a transparent trader ranking system, offering different profit-sharing rates based on trader levels:

4. Service Fees and Profit Settlement

4.1 Trading Fees

•The platform charges a certain percentage of trading fees from copy trading users. The exact rate will be specified in official announcements.

4.2 Profit Distribution

•Profit-sharing is settled daily at midnight, provided that the trader has no open positions.

•If there are open positions, the settlement will be postponed to the following day.

•The settled profit share is automatically credited to the trader’s account, where it can be withdrawn or reinvested.

4.3 Fee Adjustments

•iCoin reserves the right to adjust service fees and profit-sharing rules based on market conditions, with prior notice to traders.

 

5. Agreement Modification and Termination

5.1 Agreement Changes

•iCoin reserves the right to modify this Agreement. Any updates will be published on the platform and will take effect immediately. By continuing to use the copy trading service, the trader accepts the revised terms.

5.2 Termination of Trader Status

•If a trader violates platform rules, iCoin has the right to revoke their trader qualification and restrict further trading activities.

6. Risk Disclosure and Disclaimer

6.1 Market Risk

•The cryptocurrency market is highly volatile, and trading involves significant uncertainty. The platform is not responsible for any trading losses incurred by traders or followers.

6.2 Technical and System Risks

•Network failures, system malfunctions, or other technical issues may cause trading disruptions. The platform assumes no liability for losses resulting from such incidents.

6.3 Trader Responsibility

•Traders are solely responsible for their trading decisions. Any losses resulting from their own strategies must be borne by the trader.

7. Agreement Effectiveness and Interpretation

7.1 Effective Date

•This Agreement takes effect immediately upon the trader’s successful application and commencement of copy trading activities.

7.2 Interpretation Rights

•The final interpretation of this Agreement belongs to iCoin.