What is Bitrue Futures Trial Fund?
Bitrue Futures Trial Fund is an exclusive fund provided to Bitrue users for futures trading. Users can trade futures with Futures Trial Funds without the need to transfer any funds to their futures accounts.
Usage Terms & Conditions
- Bitrue Futures Trial Fund can be obtained through the redemption page or directly deposited into the futures account. Users can check the total available amount and redemption history in their Rewards Center - My Rewards.
- Bitrue Futures Trial Fund can be used without transferring any funds to their futures accounts, with no limit on leverage or holding time. Users can open positions freely within the validity period. The Futures Trial Fund is only supported for cross margin positions and is not available for isolated margin.
- There is a redemption deadline and retrieval time for the Bitrue Futures Trial Fund. Please redeem and use it within the specified time.
If you withdraw or transfer funds from a futures/unified account that contains a Futures Trial Fund, any unused bonus will become invalid. This may also affect your open positions, potentially leading to liquidation, position reduction, or the inability to maintain open orders. Please closely monitor your positions and take appropriate risk management measures.
When the Trial Fund is reclaimed, any losses incurred during its usage period can be offset by the Trial Fund.
- When a futures order generates profits, after settlement, the profitable amount can be transferred or withdrawn.
Trial Funds are only supported for USDT-margined futures in either Unified Accounts or non-Unified Accounts. Coin-margined futures are not supported. Trial Funds are not supported for collateral or loan repayment in Unified Accounts.
- Bitrue reserves the final right of interpretation of Bitrue Futures Trial Fund. If any cheating or violation of platform terms is detected, Bitrue will revoke the granted Trial Fund.
How to Use Bitrue Futures Trial Funds?
Bitrue Futures Trial Fund is distributed to your Rewards Center - My Rewards page. Here, you can access details by sorting through “Received”, “Pending”, or “All” to view details of all redeemed and unredeemed trial funds.
Redeem the trial fund within the validity period. Notifications via email and push notifications will be sent 24 hours before expiry for unredeemed trial funds.
Click "Use Now" to verify KYC Level 1 completion. If KYC Level 1 Verification has not been completed, you will be required to first complete it; If completed, the redemption will be successful.
After successful redemption, you may view the updated total of the trial funds. Utilize the trial funds by clicking "Trade Now" on the trial fund list or "Try Now" on the total trial fund amount. This action will redirect you to the futures trading page.
On the futures trading page, the asset overview displays available trial fund amounts. Click "Buy” or “Sell" to open a position using the trial fund.
The trial fund will be prioritized for margin usage and deductions upon opening a position. Observe the trial fund's validity and use it within the specified timeframe. After usage, any profits generated can be freely withdrawn or transferred.
How does the Futures Trial Fund offset fees?
- When a position is closed, the system will only record the realized loss generated by the closed position;
- No Trial Fund amount will be deducted at the time of position closure;
- Before the Trial Fund expires or is reclaimed early, the system will calculate and apply the accumulated offset amount;
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After the offset is completed, the remaining Trial Fund will be reclaimed.
Example
A user receives a 100 USDT Trial Fund:
- A position is closed with a loss of 30 USDT, and the system records the offset amount;
- Another position is closed with a loss of 40 USDT, and the offset amount is accumulated;
- Upon Trial Fund reclamation, the system first applies the recorded offset amount and then reclaims the remaining Trial Fund balance.