Preface - What is Order following
Order following is a feature operation tool developed by ChainUp to replicate the opening and closing of a trader's contract with a single click, and to disclose the trader's actual trading performance.
By following the features, you can greatly reduce the threshold of contract trading, and by screening quality traders, you can also enjoy the asset appreciation brought by the correct trading strategy and judgment.
The user does not need to pay any fees to use the contract to follow the order, after the cancellation of the order, follow the order during the profit will be profit sharing according to the proportion of kol configuration, in order to incentivize excellent traders to continuously optimize trading strategies and improve profitability.
System role
A, with a single person (hereinafter referred to as KOL): used to synchronize their own contract trading strategy to follow the single person, become a kol period, in order to maximize fairness, the system will take a single person to carry out certain system restrictions
- Can only place position-by-position orders
- Can not have a position when you become a kol
- Can't increase or decrease the margin for existing positions
- The leverage is fixed at 10 times (will be gradually released later)
B. followers: ordinary users
- Copy the transaction record of following KOL to open and close positions, if the account balance is spent, then no longer follow the single.
- Can not add or subtract margin.
- Can follow multiple KOLs.
- after following the order, follow the order funds into a separate sub-account.
C. How to configure the feature to follow the order
- Background configuration function entrance
Contracts to follow the form of H5(mobile webiste) development and embedded in the APP (no web version), you can configure the corresponding entrance through the merchant back office - Banner / App / Deputy Banner home application.
Order following url: {+}https://m.xxxx.com/zh_CN/app_operation/kolTradersListNew+
/* where where xxxx.com is replaced with the domain name of your exchange*/
Merchant backend KOL list
If there is no entrance to the merchant back office, it can be accessed by changing the url to coFollowKolList.
Location: Value Added Services-Contracts Follow-KolList
Shared KOL liquidity: displaying KOL data of all SAAS exchanges.
Non-shared KOL liquidity: only KOL data from their own exchanges are displayed.
Merchant backend to add KOL
Data explanation.
- Manually add UID.
- Configure kol profit share ratio (USDT): 1% to 99%
- The minimum amount of a single person to follow (USDT): configuration range: 10 ~ 50000
- Maximum amount of single person (USDT): Configuration range: 100 ~ 50,000
- Total amount of orders (USDT): Range of configurations: 10 to 50000
- Currency pair: select the currency pair of gold standard contracts supported by the exchange, multiple choices are possible
- Simulated contracts: not mandatory, after checking, users can use simulated gold EXUSD to follow BTC-USDT currency pairs, simulated followers are only used to experience followers, and will not generate actual revenue.
- Follow single blacklist: support adding users who are not allowed to follow this kol, multiple uid distinguished by ",", for example, 10001,10002.
D. follow the single function comparison and functional features
Bingbon order follow | old order follow | ChainUp order follow(new) | |
| Fixed amount follow | Follow by kol ratio | Fixed amount order |
|
| Full- position order follow |
|
Whether or not to use sub- accounts | No, bottom sub position |
|
|
User restrictions | Each open position is independent | No margin increase or decrease | No margin increase or decrease |
|
| No restrictions on leverage with orders | 10 times the leverage to follow the order, the risk can be controlled, the future gradually open |
Whether to support view kol open positions |
|
|
|
coin pair restrictions | Unlimited coin pairs + | Single coin pair | Unlimited coin pairs + |
| No margin increase or decrease | No margin increase or decrease | No margin increase or decrease |
...
3:33
Copy Trading
trader list my following orders 
follow orders
accumulated yieldwinning rate for lasttotal proflts(USDT)
+31.74% 2 weeks 316.96
+72.72%
number of people 7cpe of coin with amount limit who follow the order allowing orders 500.00 - 1000.00
66A USDT
follow orders
accumulated yieldwinning rate for lasttotal proflts(USDT)
+50.07% 2 weeks 269.96
+78.09%
number of people 7cpe of coin with amount limit who follow the order allowing orders 10.00 - 1000.00
46A USDT
follow orders
accumulated yieldwinning rate for lasttotal proflts(USDT)
+24.56% 2 weeks 100.86
+62.5%
number of people 7cpe of coin with amount limit who follow the order allowing orders 500.00 - 1000.00
40A USDT
4, the relevant calculation formula
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