Copy Trading 3.0 Weekly Buzz: Dec 12, 2022

Thank you for supporting Copy Trading thus far!

We're constantly improving our Copy Trading platform to provide you with a next-level trading experience.

With our Weekly Buzz, we're bringing you the latest updates and reasons to love Copy Trading 3.0 on Bybit! Here's everything that happened from Dec 12, 2022 to Dec 18, 2022.

1. Important Notice

We have detected a recent increase in malicious trades. All Master Traders are to manage their positions and reduce floating losses to ensure a safe trading platform for all.

In view of this, we will be imposing stricter penalties on Master Traders. Any Master Trader found to be engaging in malicious trades, i.e. holding a trade with more than -30% unrealized PnL for seven (7) consecutive days, will be demoted to Cadet level immediately.

For more information on malicious trades, please refer to this announcement.

2. Latest Activities

Ongoing Events:

• Master Trader Event

Master Trader Weekly Contest: Rank Up and Share a 14,600 USDT Weekly Prize Pool

To check if you're a winner, head to our leaderboard page and scroll to the bottom for the full list.

• Follower Events

Exclusive for Followers: Copy Trading 200,000 USDT Mystery Boxes

Stand to win the latest iPhone 14 Pro Max, trading bonuses, exclusive NFTs and signed merchadise from Borussia Dortmund and Oracle Red Bull Racing!

3. Product Updates

• New Formula for PnL Calculation

We're introducing a new formula for calculating the PnL for our Master Traders and Followers. This update will ensure consistency across all our Futures trading products and better reflect the net profit for both Master Traders and Followers.

4. Event Winner List

• Follower Fiesta Winner List

• Master Trader Weekly Contest Winner List