To provide users with a better futures trading experience on OneBullEx and support platform promotions, OneBullEx officially introduces the OneBullEx Futures Bonus (“Bonus”) program. The Bonus will be distributed as rewards in future campaigns. The detailed rules are as follows:
I. Bonus Distribution Rules
1. The loss offset ratio and validity period of the 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 Bonus amount in order to successfully activate and use the Bonus.
3. The loss offset ratio is only used to calculate the proportion of losses covered by the Bonus upon position closure. It does not affect the margin requirements for opening positions. In addition, the Bonus cannot be used to offset opening fees, closing fees, or funding fees.
4. The validity period of the Bonus begins from the time it is successfully credited. Any unused Bonus balance will be automatically reclaimed by the system after expiration.
II. Bonus Usage Rules
1. Using the Bonus as Trading Margin
The 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 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 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 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The Bonus may only be used to offset losses incurred when closing Futures positions and cannot be withdrawn.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 Bonus based on the loss offset ratio specified in the campaign. The actual loss amount covered by the Bonus shall not exceed the remaining 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 Bonus with a 50% loss offset ratio:
- 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 Bonus with a 40% loss offset ratio:
- 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 Bonus with a 60% loss offset ratio:
- Based on the loss offset ratio, the Bonus should cover: 60 USDT
- Since the 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 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 Bonus belong 100% to the user. All profits will be automatically converted into withdrawable real assets.
5. Multiple Usage Mechanism
The Bonus may be reused multiple times within its validity period.
Users may continue opening positions multiple times until any of the following conditions occurs:
- The Bonus amount is fully consumed;
- The Bonus expires;
- The Bonus Recovery Mechanism is triggered.
III. Risk Control and Recovery Rules
1. Expiration Recovery
Upon expiration of the Bonus, any remaining Bonus balance will be automatically reclaimed by the system.
2. Fund Transfer Recovery
If a user transfers out any funds from the Futures Account, the system will immediately reclaim any remaining Bonus balance.
This includes, but is not limited to:
- Transfers to the Funding Account;
- Transfers to the Spot Account;
- Transfers to any other account.
IV. Other Terms
1. The Bonus may only be used for Futures trading and cannot be withdrawn, transferred, or exchanged for cash.
2. Any profits generated through trading with the Bonus belong to the user and may be withdrawn in accordance with platform rules.
3. If any fraudulent or abusive activities are detected, including but not limited to wash trading, self-trading, multi-account arbitrage, or malicious exploitation of the Bonus, OneBullEx reserves the right to disqualify users and reclaim any related rewards.
4. OneBullEx reserves the final right of interpretation for this campaign and these Bonus Rules.
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