What is Futures Bonus
Futures Bonus is a product developed by CoinW for new users to better understand and experience the trading of USDT perpetual swaps. Users can use the Bonus in CoinW Futures to trade without worrying about risk and loss of assets at the beginning.
How to obtain Futures Bonus
Mission Center: by completing the missions published in the center to earn corresponding Futures Bonus. See product features for details.
Platform Event: the platform carries out special online activities from time to time. Completing the specified activity rules to get Futures Bonus. For details, please pay attention to the official event News.
How to use Futures Bonus
Open an order in the CoinW Futures by using the Futures Bonus you have. The profit generated after closing the position belongs to you, which can be withdrawn or traded, and the loss in case is borne by the platform in full.
Futures Bonus Usage Tutorial
For more, please refer to [Futures Bonus Usage Tutorial]
Futures Bonus Usage Rules
1. Futures Bonus can only be used for opening a single position, and cannot be used simultaneously with the USDT held by the user.
2. Each Futures Bonus has an independent face value, the face value cannot be split for use, and opening a position can only use one Bonus at a time;
3. The positions opened using Futures Bonus cannot perform the operations of scaling in, partial liquidation, and reverse opening;
4. After using Futures Bonus to open an order, it can be held for a maximum of 24 hours. If the position is not manually closed or forced to be closed within 24 hours, the system will automatically close the position by market order.
5. For positions opened using Futures Bonus, the realized profit will be automatically transferred to the Futures account, which can be withdrawn and traded.
Notices:
1. Each Futures Bonus has a face value, the valid period of use, leverage limit, and limit to trading pairs,all can be checked through Futures Bonus list.
2. The Futures Bonus is a product developed for users to free experience Futures transaction, cannot be transferred or sold.
3. Futures Bonus does not participate in the fee rebate policy.
4. CoinW reserves all the right for final interpretation right of the product.