Bitget copy trading: Follower's margin (Copy mode)

1. Margin

The leverage of futures transactions is represented by a margin, meaning that you do not need to pay 100% of the asset when conducting transactions. You only need to invest a smaller amount of funds at a certain rate according to the leverage of futures transactions as represented by a margin. This fund is called the margin.

2. Follower's margin settings

a. Copy modes for followers

• Fixed amount: It represents the margin cost per copy trade.

• Multiplier: It represents a multiplier relationship between each copied trade and the trader’s trades

• Fixed quantity: It represents the number of positions per copy trade. (Please note that the actual margin amount of a position may vary as it is affected by the leverage, coin price, and other factors.)

b. Margin mode

• You can find it in the advanced settings.

• Margin currency: Copy margin means that you will use the same margin currency as the elite trader. You can also choose other coins.

3. Margin based on the number of positions

Bitget allows you to choose different copy modes which affect the margin amount. Fixed quantity is available in the advanced settings, under which the actual margin amount may vary as you open a position depending on factors such as the leverage, and coin price. The details are as follows:

• Margin = price ÷ leverage × number of positions

• The higher the leverage you use, the lower the required margin.

Example:

Assuming that the current price of the futures trading pair EOS/USDT is 1.00 USDT, Sam opens a long position of 1 EOS with 2X leverage, and the margin required is 0.5 USDT. If Sam increases the leverage, the margin will be reduced accordingly; if the leverage is decreased, the margin will be increased accordingly.