Dear users,
BITOY has launched the one-click copy trading product function futures. Users can enjoy the most extreme and convenient trading experience on Web and APP at any time, bringing two-way benefits to copying users and traders!
The following will provide a description of the one-click copy trading return formula of BITOY futures.
1. Total revenue = the sum of the realized profit and loss of the futures historical orders
Update time: 1:00 (UTC time)
For example:
The user checks the historical transaction data in "My Follow". Suppose the profit is 1000 USDT and the loss is 200 USDT, then the profit + loss amount = total revenue= 1000 + (-200) = 800 USDT
The total revenue is 800 USDT
2. Total yield= (total return/total principal) * 100% Update time: 1:00 (UTC time)
For example:
Total principal = the total amount of the user's copy futures
Assuming that the total principal of the user's copy futures is 5000 USDT and the total revenue is 800 USDT, the total yield is = (800/5000) *100%=16%
The total yield is 16%
3. Total revenue of copy trading = the sum of the profits of following users who follow the order leaders Update time: The futures commission will be updated immediately
For example:
Assuming that the following futures income of follower A is 500USDT, and the income of follower B is 500USDT, then the total income of copy trading is user A's following income 500 + follower B's income 500 = 1000 USDT
BITOY Team
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