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How to Redeem Futures Bonus Voucher

How to Redeem Futures Bonus Voucher

2020-07-08 04:52

What is a Futures Bonus Voucher?

A Futures Bonus Voucher is a bonus that is either rewarded to you or claimed using points on the [Rewards Shop]. These vouchers allow you to redeem free tokens that can be used as collateral in futures trading.
Bonuses are given in a specific cryptocurrency and can be applied to Futures USDⓈ-M Futures and Coin-Margined contracts of the same cryptocurrency. More importantly, if your futures trades incur losses, these can be offset against the bonus amount. Any profits you generate from trading with these bonus vouchers can be withdrawn or transferred to your liking.

How to redeem a Futures Bonus Voucher?

1. Log in to your Binance account and go to [Profile] - [Rewards Hub].
2. Click [My Vouchers] to view all redeemable vouchers.
3. Under the [Ongoing] tab, scroll down and find the Futures Bonus Voucher you want to use. Click the [i] button on the voucher to view more details, including its face value, expiry date, applicable products, and terms and conditions.
Click [Use].
4. If you don’t have a Futures account, a pop-up window will appear to prompt you to create one.
If you already have a Futures account, click [Use Reward] to confirm your voucher redemption.
5. The reward will be credited to your Futures Wallet.

How to redeem a Futures Bonus Voucher using Points?

1. To redeem rewards using Points, click [Rewards Shop].
2. You’ll see all your available rewards. Click [Claim] to use your Points to redeem the Futures Bonus Voucher.
3. Points will be deducted from your Points balance once you claim your Futures Bonus Voucher. You can find the Futures Bonus Voucher you redeemed by going to the [My Vouchers] page.
4. By using the Futures Bonus Voucher for Futures trading, you agree that you have read, understood, and accepted the Futures Bonus Voucher Terms and Conditions. You acknowledge and agree that you will be bound by and will comply with these Terms, as updated and amended from time to time.
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.