To provide users with a better futures trading experience on OneBullEx and support platform promotions, OneBullEx officially introduces the OneBullEx Futures Bonus program. The Futures Bonus will be distributed as rewards in future campaigns. The detailed rules are as follows:
I. Futures Bonus Distribution Rules
1. The loss offset ratio and validity period of the Futures Bonus may vary depending on different campaigns. Please refer to the corresponding campaign page for specific rules. The platform will clearly specify the applicable loss offset ratio and validity period in each campaign.
2. Users must hold real assets in their Futures Account with a value no less than the Futures Bonus amount in order to successfully activate and use the Futures Bonus.
3. The loss offset ratio is only used to calculate the proportion of losses covered by the Futures Bonus upon position closure. It does not affect the margin requirements for opening positions. In addition, the Futures Bonus cannot be used to offset opening fees, closing fees, or funding fees.
4. The validity period of the Futures Bonus begins from the time it is successfully credited. Any unused Futures Bonus balance will be automatically reclaimed by the system after expiration.
II. Futures Bonus Usage Rules
1. Using the Futures Bonus as Trading Margin
The Futures Bonus can be used as margin for Futures trading.
Example:
If a user receives a 100 USDT Futures Bonus and holds at least 100 USDT of real assets in their Futures Account, the Futures Bonus and real assets may be used together as margin to support a Futures position with a total margin requirement of no less than 200 USDT.
- The Futures Bonus increases the user’s available margin balance for Futures trading. However, it does not alter the platform’s risk management rules, including leverage limits, risk limits, and maximum position limits for each trading pair.
- Currently, the Futures Bonus can only be used to offset trading losses upon position closure in accordance with campaign rules and cannot be used to offset trading fees.
2. Loss Offset Mechanism
The Futures Bonus may only be used to offset losses incurred when closing Futures positions and cannot be withdrawn.
When a user closes a position at a loss, the system will calculate the amount covered by the Futures Bonus based on the loss offset ratio specified in the campaign. The actual loss amount covered by the Futures Bonus shall not exceed the remaining Futures Bonus balance. Any excess loss shall be borne by the user’s own funds.
Examples:
Example 1:
A user incurs a 100 USDT loss upon closing a position and holds a 50 USDT Futures Bonus with a 50% loss offset ratio:
- Futures Bonus covers: 50 USDT
- User’s own funds cover: 50 USDT
Example 2:
A user incurs a 100 USDT loss upon closing a position and holds a 50 USDT Futures Bonus with a 40% loss offset ratio:
- Futures Bonus covers: 40 USDT
- User’s own funds cover: 60 USDT
Example 3:
A user incurs a 100 USDT loss upon closing a position and holds a 50 USDT Futures Bonus with a 60% loss offset ratio:
- Based on the loss offset ratio, the Futures Bonus should cover: 60 USDT
- Since the Futures Bonus amount is only 50 USDT, the actual amount covered is: 50 USDT
- User’s own funds cover: 50 USDT
3. Trading Fee Rules
The Futures Bonus cannot be used to pay for:
- Opening fees;
- Closing fees;
- Funding fees.
All such fees shall be borne by the user’s real assets.
4. Profit Ownership
Any profits generated through trading with the Futures Bonus belong 100% to the user. All profits will be automatically converted into withdrawable real assets.
5. Multiple Usage Mechanism
The Futures Bonus may be reused multiple times within its validity period.
Comments
0 comments
Please sign in to leave a comment.