What is Bitunix Futures Bonus?
The Bitunix futures bonus is a reward given to Bitunix users through various operational and promotional activities and is allowed to be used in the platform's contract trading products. It is designed to give new users the opportunity to experience and test Bitunix's contract products and trading features in a real trading environment without risk.
Is futures bonus the same as real assets?
The futures bonus is not the same as real assets. Futures bonuses are the funds sent to the user's futures trading account to experience futures trading These funds can not be transferred to the Spot account for spot trading or withdrawn.
Although futures bonuses can not be transferred or withdrawn, you can still use them in futures trading. Within the validity period of the futures bonus, you can withdraw any profit generated from trading, and any loss will be deducted from the futures bonus until its balance is used up.
How can I check the futures bonus I have received?
Users can check their earned futures bonus in Assets - Coupon Center.
Rules for the use of futures bonus
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Futures bonus can be used as margin for opening positions.
- The futures bonus can be used to offset funding fees and handling fees when opening or closing positions.
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The futures bonus can be used to offset the losses of closed positions in futures trading.
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During the use of the bonus, the user will no longer be entitled to the commission rebate on the credited portion of the commission.
Limitations on the futures bonus
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If the user does not receive or activate the futures bonus within the specified period of validity, the futures bonus will expire.
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Before the futures bonus is fully used up, any transfer of funds from the futures account where the futures bonus is held will cause the current futures bonus to expire.
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When a transfer from the futures account is made, if, according to the calculations, the transfer will trigger forced liquidation of the position, the system will prevent the user from transferring assets out of the futures account. But, if the transfer does not trigger forced liquidation of the position, then the user can transfer assets from the futures account. The used futures bonus will still be invalidated, and at this time, if it is a cross margin mode, it may lead to an increased risk of forced liquidation of the position.
Futures Bonus Disclaimer
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If a user is found to have maliciously used futures bonuses or other behaviors, the Bitunix platform has the right to suspend the account accordingly in order to recover the loss;
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For abnormal trading behaviors, please refer to "Rules for Abnormal Trading Behaviors".
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The final interpretation of the futures bonus belongs to Bitunix.