What is non-neg chip?
Non-neg chip is like bonus coupon. Uses can use the non-neg chip to trade in the contract trading of CoinW. Then the profit generated is all given to the user, instead the loss is borne by the platform, until the non-neg chip in the account is completely run out.
How to get non-neg chip?
1. During the non-neg chip activity, you can get the chip by transferring a certain amount of designated currency from the Exchange account to the Contract account. The currency and amount of transfers required to get non-neg chip for each time may vary.
2. There is an upper limit to the non-neg chip provided by each activity. After all the non-neg chips are distributed, transferring assets to the Contract account will no longer work.
3, The non-neg chip obtained for each activity is valid until it is completely consumed.
Non-neg Chip Mission Rule:
CoinW verified users who complete a transfer of ≥1 USDT from Exchange account to Swap account will get 2 USDT non-neg chip, and will get an additional 2 USDT non-neg chip when the cumulative transfers to 15 USDT. Users can get up to 4 USDT non-neg chip, and the total amount is 2000 USDT non-neg chip, first-come-first-served.
What is the deduction priority of non-neg chip and contract accounts?
1. When the non-neg chip is used, all the losses occurred in the current Contract account will be replaced with the non-neg chip first. The deduction for losses will back to normal after the chips are completely consumed.
2. If the account has opened a contract trading pair when the non-neg chip is obtained, the losses generated after the position being liquidated are preferentially offset with non-neg chip.
How to transfer the profits obtained by non-neg chip?
The profits obtained from opening contract transaction by using non-neg chip will be directly transferred to the Exchange account. When transferring from Contract account to Exchange account, the account balance except the non-neg chip (principal) can be directly transferred.
