To improve fund management and provide a more reliable copy trading experience, Phemex will launch the "New Copy Trading Mode" on the Web starting December 5th. We are now opening the first batch of whitelist spots for early access. Copiers who wish to participate can now apply directly through the whitelist form.
Key Upgrade Benefits
For Traders
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Higher Copy Success Rate: Funds are segregated for each trader, ensuring copiers always have dedicated margin for your trades and preventing order failures caused by other traders they follow.
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Isolated Performance Display: Your PnL is fully isolated. Copiers can clearly view your actual performance, reducing potential disputes caused by losses from other strategies.
For Copiers
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Independent Risk Control: Funds are isolated per trader. Liquidation in one strategy will not affect the capital allocated to others.
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Transparent Asset Management: Users can clearly view and manage the funds assigned to each trader, making portfolio allocation and tracking more intuitive.
Beta Rollout Process
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Submit Application: Copiers submit their application directly through the whitelist form.
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Whitelist Access: Beginning December 8th, upgrade access will gradually open to approved copiers.
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Complete the Upgrade: Copiers follow the Web interface guide to complete the upgrade process.
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Begin Using New Mode: After upgrading, copiers can immediately benefit from the new independent copy trading system.
Important Notes
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Irreversible Upgrade: Once users manually confirm the upgrade, they cannot return to the previous copy trading mode.
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Version Compatibility: From December 8th (Web launch) to December 14 (App update), upgraded users should primarily use the Web interface. Some copy trading settings may be limited on older App versions until the App update is released on December 14th.
How to Participate
Copiers can apply directly by completing the [Application Form] by December 14th.
Feedback and Support
If any issues arise during the trial or if you have suggestions, please submit your feedback through the designated [Feedback Form].
