The difference between private and public lead trades

Published on Mar 3, 2026Updated on Jul 21, 20262 min read55

If you're a lead trader, you can choose between Private lead trading and Public lead trading. See the comparison below for reference.

对比维度

Private lead trading

Public lead trading

Definition

Only invited users can copy trades; other users can‘t view or follow

Public mode — all users can view and copy trades

Supported products

Futures copy trading only

Spot and futures copy trading

Visibility

Lead trader can still be found via search, but copying requires an invitation link

Lead trader is publicly visible; all users can copy via the Copy Trading marketplace and other channels

Profit-sharing ratio

0%–50% (for invited users only)

Up to 30%, dynamically adjusted based on lead trader tier

Invitation method

Via generated invitation link; supports custom name, number of invitees, and scope (direct friends, all friends, or all users)

No invitation required — users can search and copy directly on the platform

Copy trader management

Can view, filter, and remove copy traders; supports search by friend relationship, source, or nickname/UID

Lead trader can view copy traders but has fewer management permissions; can't precisely filter or remove

Profit-sharing applicability

Only users who follow via the invitation link enjoy the set profit-sharing ratio; other users retain the original ratio

The lead trader's set profit-sharing ratio applies uniformly to all copy traders (subject to tier limits)

How to follow

Set up copy trading after tapping the invitation link

Self-select via the Copy Trading marketplace

Selling method

N/A (futures copy trading)

Can only sell via the Trade > Lead trades or My lead trades entry; supports custom quantity

Risk control conditions

Futures copy trading risk controls apply (e.g., leverage and position limits)

Lead trader account must have ≥500 USDT; daily buy orders ≤500; must not exceed maximum buy limit

Profit-sharing settlement

Futures copy trading profit-sharing mechanism

Settled weekly; requires no open position relationship between copy trader and lead trader; advance deduction with reconciliation

Tips for new lead traders

Manage risk, set a reasonable profile, recommended copy trading amount ≥500 USDT

Manage risk, set a reasonable profile, recommended copy trading amount ≥500 USDT