Features of the Futures Position Bonus:
- Free to Receive: Users can receive the futures position bonus for free by participating in CoinCatch’s futures activities, with no payment required.
- Increased Trading Opportunities: The futures position bonus offers users more trading opportunities, allowing them to participate in additional futures trades without increasing their capital investment.
- Reduced Trading Costs: Since the futures position bonus is free, users can lower trading costs and improve trading efficiency.
- Flexibility: The futures position bonus typically provides flexibility, allowing users to choose to use or forgo the bonus based on their needs and market conditions.
Futures Position Bonus Usage Guide
Finding the Futures Position Bonus (APP)
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Users can find the Futures Position Bonus on the U-Margined futures trading page. Click on the "..." icon in the top right corner of the page, then check the Futures Position Bonus from the dropdown menu.
Finding the Futures Position Bonus (Web)
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Users can find the Futures Position Bonus on the futures page. Click on the "Voucher" button in the top right corner of the page, then check the Futures Position Bonus from the dropdown menu.
How to Use the Futures Position Bonus (APP)
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Go to the U-Margined futures trading page on the APP, click on the "..." icon in the top right corner. In the dropdown menu, select "Futures Settings" and change the position mode to "Hedge Mode." The position mode configuration entrance is shown below.
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Click on "Cross Margin" in the top left corner of the U-Margined futures trading page in the APP. In the dropdown window, change the position mode to "Isolated Margin," then click confirm. The account mode configuration entrance is shown below.
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Click on the "+" (Transfer) button on the U-Margined futures trading page in the APP to transfer assets from other accounts to the U-Margined futures account. The configuration entrance is shown below.
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After meeting the above three conditions for opening a position, a pop-up window for opening a position will appear on the page.
How to Use the Futures Position Bonus (Web)
Please note that before receiving the Futures Position Bonus, you must complete the KYC process. To use the Futures Position Bonus, the following conditions must be met:
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First, the position mode for the U-Margined futures account must be set to "Hedge Mode." Go to the futures page, click on "Preferences" in the top right corner, and select "Hedge Mode" under "Position Mode" in the dropdown menu. The position mode configuration entrance is shown below.
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Next, the account mode for the U-Margined futures of the corresponding trading pair must be set to "Isolated Margin." Go to the futures page, click on "Cross Margin" in the top right corner, and in the pop-up window, change the position mode to "Isolated Margin." Then click confirm. The account mode configuration entrance is shown below.
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Finally, the transferable balance for the U-Margined futures corresponding to the Futures Position Bonus must be greater than 0. Users can transfer more assets to meet this requirement. Go to the futures page, click on "Transfer" on the right side, and move assets from other accounts to the U-Margined futures account. The configuration entrance is shown below.
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After meeting the above three conditions for opening a position, a pop-up window for opening the position will appear on the page.
Consumption and Recovery of the Futures Position Bonus
The transaction fees, losses, and funding costs incurred during futures trading will consume the bonus funds associated with the Futures Position Bonus. Additionally, if you place an order using the bonus and then cancel it, the bonus funds will be recovered. Please note the following:
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If the position is profitable, the profit will remain in the user's account and will not be recovered.
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When the voucher expires, the position will be closed, and the remaining bonus funds will be recovered.
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After each position is closed, the proceeds from the closure will be recovered until the bonus balance reaches 0.
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In the case of forced liquidation, the bonus will be recovered after the position is closed.
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When using the reverse position function to open a position, the bonus will be recovered when the position is closed.
Users can check the position bonus balance in the "Assets" section.
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