1. What is the priority order of using Mega Coupons for fee deduction?
Costs are deducted in the following priority: losses and funding costs first, followed by transaction fees.
2. If I have a referral relationship and am within the commission period when using Mega Coupon, will the portion of transaction fees offset by Mega Coupons still be eligible for rebates?
No, the portion of transaction fees offset by Mega Coupon is not eligible for commission rebates.
3. Under what circumstances will Mega Coupon become invalid?
1) As a type of voucher, Mega Coupon has a fixed validity period, which can be viewed in the bonus account.
2) Due to certain promotional requirements, some Mega Coupons may not allow withdrawals during the validity period. Specific rules can be viewed in the bonus account. if it indicates "Invalid after futures account asset transfer," then transferring assets out of the futures account will also lead to invalidation.
4. Is there a reminder before Mega Coupons expires?
There will be an in-site message reminder within 24 hours before expiration. Additionally, if it involves transfer-related invalidation of Mega Coupon, there will be a reminder during the funds transfer as well.
5. What impact does the expiration of Mega Coupon have in a cross-margin situation?
In a cross-margin situation, the expiration of Mega Coupon has no impact on the user's positions or orders. If it is in use at the time of expiration, its validity period is automatically extended until the user's positions are closed. During this time, Mega Coupon can still be used to offset transaction fees, funding costs, and losses.
6. What impact does the expiration of Mega Coupon have in an isolated-margin mode?
In an isolated-margin situation, if Mega Coupon expires without being used, it will become invalid and can no longer be used for offsetting costs. If it is in use, its validity period is automatically extended until the user's positions are closed. During this period, Mega Coupon can still be used to offset transaction fees, funding costs, and losses.
7. If I have multiple Mega Coupons with different expiration times, what impact does each expiration have?
Each coupon is processed according to the rules mentioned in rule 5 and 6 upon expiration.
8. Can I open both long and short positions with Mega Coupon in using?
Yes, you can. Except for copy trading, trading with Mega Coupon is just like regular futures trading.
9. Can Mega Coupon be used for leading trades?
Yes, it can be used for leading trades but not for following trades.
10. Explanation on enabling/disabling Mega Coupons
Mega Coupons are enabled by default and used automatically. If you wish to disable them or learn more about the usage, please update your app to the latest version (9.8.23 or above) or use the web version.
11. Examples of special situations:
If a user opens a position using isolated margin, the Mega Coupon within that isolated margin can only offset the current order's principal loss, funding costs, and transaction fees; it cannot offset costs for other isolated margin positions.
If there is Mega Coupon available in the user's futures balance, it will be used preferentially for adding margin.
Losses in an isolated margin position do not affect the Mega Coupon in the futures account.