Reasons for Copy Trading Failure on BitTap Contracts

BitTap
2 min readDec 15, 2024

When conducting copy trading on the BitTap platform, there are certain situations that may lead to copy trading failure. Below are common reasons and their corresponding solutions:

Why can’t I copy the lead trader’s trades?

  1. You are currently a lead trader:
  • If you are a lead trader yourself, you cannot simultaneously follow other lead traders.
  1. The lead trader has set restrictions on followers:
  • Some lead traders may set limits on the number of followers or restrict specific user groups, preventing you from continuing to copy their trades.

Why can’t I successfully follow a trade?

  1. The lead trader has reached the maximum number of followers:
  • Each lead trader has a limited number of followers. Once the limit is reached, new users will not be able to copy the trades.
  1. The lead trader has canceled their lead trader status:
  • If the lead trader cancels their lead trader status, you will no longer be able to follow their trades.
  1. Your funds do not meet the minimum requirement:
  • If your account has less than 100 USDT, the lead trader may remove you, preventing you from continuing to copy their trades.
  1. There are insufficient assets in your contract account:
  • Copy trading requires sufficient assets in your contract account to execute trades. Ensure you have enough funds to support the transactions.
  1. Unable to copy partially filled orders:
  • If the lead trader’s order is only partially filled, the followers will not be able to copy that portion of the order.
  1. Lead trader places consecutive orders:
  • If the lead trader places multiple orders in quick succession (e.g., within two seconds), only the first order will be copied, and subsequent orders will not be followed.
  1. Lead trader’s maximum position or trading limit has been reached:
  • When the lead trader’s position or copy trading volume has reached the upper limit, new followers will not be able to execute trades.
  1. Minimum position size restrictions for different currency pairs/contracts:
  • Different cryptocurrencies or contracts have specific minimum position size requirements. If the follower’s funds do not meet these requirements, the trade will not be executed.

These are some of the main reasons why copy trading may fail on the BitTap platform. Make sure to check these factors if you encounter any issues while copying trades.

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BitTap
BitTap

Written by BitTap

BitTap is a cryptocurrency exchange offering Spot, Derivatives Trading and more.

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