FAQ

General

• How does Bincentive's mirror trading differ from social trading?
• Why should I trust quant trading strategies?
• What's KYC? Why is KYC required during registration?
• Why was my premier membership application rejected?

Trading Bot

• How are profits split between traders and investors?
• Can I cancel/deactivate a contract before it ends? Do I pay a cancellation fee?
• Can I move additional funds in or out of my wallet while a strategy is using its funds?
• What are quant trading strategies and how are they generated?
• What's a smart contract? What's its use on Bincentive's platform?

BinFi

• How is BinFi Galaxy's floating interest rate calculated?
• What is BinFi Galaxy?
• What is DeFi?
• How does The Rock (Fixed Income) work in BinFi?
• How does The Flame (Risk Investment) work in BinFi?
• How does The Ultra Rock achieve 8% or higher stable return? Is it really stable?

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Lending Bot

• Smart lending fees.
• What are the risks of smart lending? How does it generate profit?
• Why is the interest rate floating?
• How does smart lending help me?

BCNT

• What's BCNT? Why must I purchase BCNT in order to use the service?

Security

• Does Bincentive use two-step authentication (2FA)?
• Can I disable two-step authentication (2FA)?