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Last updated: 2024-10-04
Futures Bonus Voucher Terms and Conditions:
- After you redeem a Future Bonus Voucher, a bonus will be credited into your Futures wallet. You can check the bonus distribution from [Wallet] - [Futures].
- Bonuses are denominated in a specific cryptocurrency and can only be applied to Futures contracts (USDⓈ-M Futures and COIN-Margined contracts) quoted and collateralized in the same cryptocurrency. For example, USDT bonus only applies to USDT-margined contracts. It cannot be applied to the accumulated PNL incurred from trading COIN-margined contracts.
- Sub-accounts are not eligible for bonus vouchers.
- Bonuses can only be used on the Binance Futures Wallet. Once redeemed, you cannot transfer it to other wallets.
- The availability period of the Futures Bonus Voucher will vary according to the rules of each promotion. Please ensure that you claim the Futures Bonus Voucher while it is available in the Rewards Hub by clicking [Use Reward], otherwise you will not be able to claim your reward.
- Once claimed, the Futures Bonus Voucher will be valid for 30 days. If no qualifying futures trades are made on your Futures Account within 30 days of claiming the Futures Bonus Voucher, then your reward will be forfeited.
- Once forfeited, the Futures Bonus Voucher will become void and will be removed from your Futures Wallet, and you will not be entitled to a replacement reward.
- Binance reserves the right to cancel or amend the promotion rules at its sole discretion at any time and without prior notice, and all participants will be bound by such changes.
- Futures Bonus Vouchers and related promotions are strictly only available to eligible users who are enabled for Binance Futures services, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements. These Futures Bonus Vouchers and related promotions are not intended for users/countries to which restrictions apply. To comply with local regulations, certain Rewards Hub features may not be available in your region.
- All eligible users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Futures services in each country from which the services are accessed.
- Binance reserves the right to the final interpretation of the terms and conditions of using Futures Bonus Vouchers.
- You can use the amount in the Futures Bonus Vouchers as collateral for Futures trading. You can withdraw any profits generated by the Futures Bonus Voucher.
- You cannot directly withdraw the amount in the Futures Bonus Voucher amount.
- The Futures Bonus Voucher can be used to offset any losses incurred during Futures trading. However, the voucher cannot be used to offset Insurance Clearance, commission, and funding fees.
Example 1:
User A gets a 5 USDT Futures Bonus Voucher. They use it as collateral for trading and make a 10 USDT profit.
- Withdrawable amount : 10 USDT profit
- The 5 USDT bonus stays in their Futures Wallet since no losses were incurred and cannot be withdrawn.
Example 2:
User B gets a 5 USDT Futures Bonus Voucher. They use it as collateral for trading and make a 10 USDT profit on the first trade. User B continues trading and loses 18 USDT on the second trade.
- Withdrawable amount: 0 USDT
- As the total balance is negative, the Futures Bonus Voucher has been fully used up to cover the losses
Example 3:
User C gets a 5 USDT Futures Bonus Voucher. They use it as collateral for trading, but their position is liquidated, resulting in a 4 USDT loss, a 0.5 USDT commission fee, and a 0.5 USDT Insurance Clearance fee.
- Withdrawable amount: 0 USDT
- The 4 USDT loss (excluding commission and Insurance Clearance fees) has been offset by the Futures Bonus Voucher amount. However, the remaining balance of 1 USDT of the Futures Bonus Voucher amount will stay in their Futures Wallet.
This document may have been translated and published in different languages. In the event of any inconsistency, misstatements, omissions, or errors appearing in any translated version, the English version shall prevail.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.
