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    Announcements Announcement on the Adjustment of Profit-Sharing Settlement Cycle of Gate.io Copy Trading

    Announcement on the Adjustment of Profit-Sharing Settlement Cycle of Gate.io Copy Trading

    2023-04-06 07:32:45 UTC 10697 Read
    Gate.io copy trading has made adjustments to the profit-sharing cycle for lead traders. Whether it is a Spot lead trader or a Future lead trader, profit-sharing will be settled and distributed according to the adjusted cycle.

    The specific adjustment details are as follows:

    The profit-sharing for lead traders will be distributed in the form of monthly dividends. A settlement will be made on the next day after the copying lasted for 30 days, with the profit and loss of copying in the first 30 days to be calculated. If the lead trader' copiers make a profit, the lead trader's profit-sharing will be calculated based on copiers' return amount and allocated to the lead trader's account. If there is a copying loss, no profit-sharing will be distributed.

    If the copiers withdraw returns during the due date of the dividend settlement, this part of the income withdrawn will be settled once for profit-sharing. Then at the date of monthly settlement, the withdrawn income will be deducted from the total profits, with the remaining profits settled for profit-sharing, which is specifically divided into three situations:

    1.Situation 1, if there is no profit in this period, the profits user withdraw are the part that has been made profit-sharing, then no repeated profit-sharing will be done when withdrawn;

    2.Situation 2, if there is profit in this period, and the user’s withdrawn profit does not exceed the part of the profit that has already been made profit-sharing, then no repeated profit-sharing will be done when withdrawn;

    3.Situation 3, if there is profit in this period, and the user’s withdrawn profit exceeds he part of the profit that has been distributed, assuming that the withdrawal amount is A, and the profit amount that has been shared is B, then the profit will be shared based on the amount of A-B when withdrawn;

    At present, the mode adjustment is online and takes effect. Please pay attention to it!

    If you have any questions or suggestions about this adjustment, please add Gate.io Copy Trading customer service for consultation and feedback:
    Exclusive customer service for Gate.io Copy Trading: https://t.me/Gate_CopyTrading

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    Gate.io Copy Trading
    April 06, 2023
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