Contract copying tutorial for beginners
Last updated
Last updated
Get Started with Kine Perpetual Copy Trading - Follower Guidance
1.Requirements
Ensure that your trading margin type is USDT.
Your copy trading account balance needs to be ≥ 50 USD.
2.Contract Options
Currently, Kine supports copy trading for contracts of three major cryptocurrencies: BTC, ETH, and BNB.
3.Operational Guideline - Kine APP
Step 1: Open the KINE App and go to the home page. Look for the navigation bar and tap on the [Copy Trading] option to enter the copy trading page.
Step 2: On the copy trading page, click on the [Overall Ranking] tab to sort and filter traders based on criteria. You can now sort the traders based on criteria like "Overall Ranking," "Total Return Rate," "Total Profits," and "Copiers' Total Profits." Review the rankings and choose the trader(s) that align with your preferences.
Step 3: Select the trader to follow and complete the copy trading setup. Click the "Copy" button on the top right of the trader's profile card to access the copy trading settings.
Firstly, deposit/transfer at least 10 USDT as margin to your copy trading account.
Choose either [Fixed Margin] or [Fixed Multiplier] mode.
Set [Margin Limit], [Take Profit Ratio], [Stop Loss Ratio], and select trading pairs to copy.
Click [Follow Trader] and select "I confirm that I have read, understood and agree to the Trader Agreement". Then [Confirm] to complete the setup.
Step 4: View and edit your copy trading.After completing the copy trading process, you can click on [My Copy Trading] at the top right corner of the [Copy Trading] page to access and review your current copy trading information.
Step 5: After setting up your copy trading, it will take effect once the trader opens their next trade. You can then monitor your profits by visiting the [My Copy Trading] page under [Copy Trading].
4.Cancel Copy Trading
Followers can choose to [Unfollow] a trader in the [My Copy Trading - My Traders - Current Follow] section without affecting existing positions. Once unfollowed, if the trader opens a new trade, it will no longer be copied.
Additionally, users can also set [Stop Copying After Profit] or [Stop Copying After Loss] for the followed traders in the [My Copy Trading - Settings].
Choose your trader(s)
On the copy trading homepage, you can click on any trader to access their detailed profile. The trader's profile will provide the following key information:
Info
Explanation
Total Revenue
The total revenue is the sum of realized profits and losses from all closed orders, excluding funding fees and commissions.
Follower's Total Revenue
The total profit generated by all followers of the trader refers to the sum of realized PnL from all closed orders executed by the followers, excluding funding fees and commissions.
Total Return
Total return is the percentage increase or decrease in value of a trader's portfolio from all closed orders.
Win Rate
Win rate = Number of profitable orders / Total no. of orders.
Profit Sharing
After making profits from following a trader, you should pay a total commission rate to both the trader and your referrer. If you have no referrer, you only need to pay the trader's commission rate.
Cumulative Followers
The cumulative number of followers tracking this trader (including historical and current followers).
AUM
The total value of assets currently being copied by traders copying a lead trader.
Avg. Holding Period
Avg. holding period = Total length of time positions were held for / Number of positions held.
Trades (Win / Loss Trades)
The total number of closed or reduced orders up to the current moment.Trades=Win trades + Loss tradesWin refers to an order's PNL≥0Loss refers to an order's PNL<0
Preferred Currency
The trading pair that has the highest proportion of opening orders in a trader's history of closed trades.
Copy Trading Settings Terminology
Info
Explanation
Fixed Margin
The fixed margin you use for each opening order when following a trader is a predetermined amount that includes the initial margin and transaction fees. For instance, if you set a fixed margin of 100 USDT, every order you place while copying the trader will require a margin of 100 USDT.
You have the flexibility to modify this amount at any time during the copy trading process. The updated amount will come into effect in the next trade you execute while following the trader.
Fixed Multiplier
It represents opening positions based on a multiple of the trader's position size. You can set the range from 0.2x to 5x, indicating that you can open positions that are 0.2 times to 5 times the size of the trader's position.
You have the flexibility to modify this multiplier at any time during the copy trading process. The updated multiplier will take effect in the next trade you execute while following the trader.
Deposit
You can deposit assets to your copy trading account by making an on-chain transfer.
Transfer
You can transfer funds from your asset account to your copy trading account without any transaction fees.
Margin Limit
It represents the maximum amount of margin used for opening positions while following a trader. Once this limit is reached, further following will be stopped, and only closing positions will continue. If you don't set a specific limit, the system's maximum limit will be used by default.
Take Profit Ratio
When the profit ratio exceeds the set percentage, the position will be automatically closed. The take profit ratio can be customized between 0% and 200% based on the initial margin. For instance, if you set a take profit ratio of 30% with an initial margin of 100U, the system will close the position when the profit reaches approximately 30U (actual closing depends on market conditions).
Stop Loss Ratio
When the loss ratio exceeds the set percentage, the position will be automatically closed. The stop loss ratio can be adjusted between 0% and 200% based on the initial margin. For example, if you set a stop loss ratio of 80% with an initial margin of 100U, the system will close the position when the loss reaches 80U (actual closing depends on market conditions).
Copy Trade Token
You have the option to follow all the currencies of a trader or freely select the currencies set by the trader. Please choose at least one currency to complete the setup.
Current Copiers
You can view current position orders and other information related to your copy trading.
Historical Copiers
You can check previous copy trading records.
Copy Trading Profit
You can view historical copy trading profits.
My Lead Trader
You can view both your current and past followed traders as well as the traders you are currently following.
Precautions
Traders who have reached their maximum capacity are not permitted to engage in copy trading.
Once you have started copying a trader, you cannot duplicate the copy trading and modify the parameters. You can only re-copy the same trader once the ongoing copy trading session has concluded.
If a previous follower has been verified as a trader now, their role will change to that of a trader. They can only provide trading strategies, not copying trades.
After successfully copying a trader, you will only follow that specific trader and cannot copy other traders.
If you possess significant experience in trading and are open to sharing your trading strategies, you have the opportunity to apply as a Kine perpetual signal provider. This allows you to earn substantial profit-sharing rewards while actively engaging in trading.
Risk Warning
Please set appropriate TP and SL ratios to minimize net value fluctuations.
Please establish reasonable fixed margins and maximum position limits to control opening costs.
Without considering copy trading multiplier, leverage system, and individual constraints, copiers will replicate the trader's position changes until it is no longer feasible with the copy trading funds. This may result in inconsistent profits between copiers and traders.
KINE, its affiliates, service providers, or suppliers make no representations, warranties, or guarantees regarding whether you can achieve similar profits or losses as the trader you are copying.
You fully understand all risks associated with digital assets and related trading.
You are solely responsible for any and all risks and losses associated with using this service and engaging in digital asset and related trading.
1.Requirements
To apply as the lead trader in Kine copy trading, please make sure that your Kine account satisfies the following criteria:
The account must not be copying any other traders.
Your account should have the current trading margin type set to USDT.
At the time of application, your account must have had assets ≥$500 on Kine.
The win rate of your account's trades on Kine for the past 7 days should be 55% or higher.
Your account should have accumulated a trading duration of 7 days or more on Kine at the time of application.
2.Contract Options
Currently, Kine supports copy trading for contracts of three major cryptocurrencies: BTC, ETH, and BNB. Placing orders outside the copy trading section will be considered as individual trading actions, and users will not be able to copy those orders. In the future, Kine will gradually support copy trading contracts for other cryptocurrencies based on user demand.
3.Operational Guideline - Kine APP
Step 1: Open the KINE App and go to the home page. Look for the navigation bar and tap on the [Copy Trading] option to enter the copy trading page.
Step 2: On the copy trading page, click [Apply to be Copy Trader] to initiate the trader application process.
Step 3: On the trader application page, please carefully read the trader application requirements. Once you have confirmed that you meet the requirements, fill in your mobile phone number and email address. After completing the reading of the trader agreement, select "I confirm that I have read, understood and agree to the Trader Agreement" and then click [Open]. Our staff will contact you within 3 business days. Please keep an eye on your email and internal messages.
Step 4: If you have already become a lead trader on other trading platforms, you can click on the [Apply to be Copy Trader] page and select the [Fast Track] option located in the upper right corner. For the [Fast Track], you need to submit the Copy Trading data from other platforms associated with your registered KINE account to support@kine.io, along with the necessary supporting documents.
Step 5: After becoming a trader, you can click on the [My Copy Trades] option located in the upper right corner of the Copy Trading page. You will see three modules:
1）Trader Information: [Profit Share Ratio, Today's pending profit share, Total Revenue]
2）Account Overview: [Total Margin (USDT), Available Margin (USDT) ]
3）Copy Trading Records: [Profit Share, My Followers]
Step6:If the [Copy Trading] account has no assets, you need to click on [My Copy Trades] and go to the trader's personal page to transfer. Transfer USDT from the [Assets Account] to the [Copy Trading Account]. Enter the corresponding amount of USDT and click on [Transfer]. The trader's margin for each order ranges from 1 to 100,000 USDT.
Step7:Click on the upper right corner of [My Copy Trades] and enter the personal [Settings] where you can customize the trader's [Profile] and[Preference Settings]
Profile: Traders can customize their avatar, nickname, and personal bio.
Preference Settings: Traders can set their tags, maximum number of followers, follower conditions, and profit share ratio.
Profit Share Ratio: Set within the range of 10%-30%. (When other users follow your trades and generate profits upon closing a position, a portion of the profit will be charged according to the set ratio.)
In the [Preference Settings] section, click on the [Start Copy Trading] button to successfully enable Copy Trading mode. You can then proceed to the [Copy Trading] tab for trading, and your orders will be followed.
Step 8: To return to the [Copy Trading] homepage, click on [Copy Trading] located on the right side of the Copy Trading Plaza. This will enable you to initiate copy trading.1）Choose the desired [leverage], enter the [Opening Price] and [Opening Quantity], and set the [Take Profit] and [Stop Loss] ratios.2）Click on [Buy Long] or [Sell Short] to successfully place the order.
4.Close Copy Trading
Traders can set [Pause Copy Trading] or [Close Copy Trading] on the [Copy Trading] page. Before closing Copy Trading, please ensure that all positions have been closed. Otherwise, it will not be possible to close the trader's Copy Trading. After closing, traders who meet the trader criteria can reapply to become traders again.
5.Risk Warning
Please set appropriate TP and SL ratios to minimize net value fluctuations.
Please establish reasonable fixed margins and maximum position limits to control opening costs.
KINE, its affiliates, service providers, or suppliers make no representations, warranties, or guarantees regarding whether you can achieve similar profits or losses as the trader you are copying.
You fully understand all risks associated with digital assets and related trading.
You are solely responsible for any and all risks and losses associated with using this service and engaging in digital assets and related trading.
