Dear Bitrue Users,
To enhance the Futures Trial Fund experience, Bitrue is updating the redemption rules for Enhanced Futures Trial Funds and the leverage limits for Futures Trial Fund positions.
These changes take effect immediately upon publication of this announcement. The details are as follows:
1. Updated Redemption Rules for Enhanced Futures Trial Funds
When redeeming an Enhanced Futures Trial Fund, the system will calculate the amount that can be redeemed based on the available real funds in your Unified Account or Futures Account at the time of redemption and the applicable Enhanced Futures Trial Fund ratio.
If your available real funds are insufficient to redeem the full amount, the system will prompt you to confirm whether you wish to proceed. You may choose one of the following options:
- Continue Redemption: Redeem the amount of Enhanced Futures Trial Fund supported by your currently available real funds. Any remaining unredeemed amount will be forfeited and cannot be redeemed again.
- Cancel Redemption: Exit the current redemption process. You may transfer sufficient real funds into the relevant account and redeem again to receive the full amount of Enhanced Futures Trial Fund.
Please carefully review the redeemable amount before confirming your redemption to avoid forfeiting any portion of your Enhanced Futures Trial Fund due to insufficient real funds.
2. Redemption Rules for Regular Futures Trial Funds
Regular Futures Trial Funds will continue to support full redemption. The existing redemption rules remain unchanged.
3. Leverage Limit Adjustments for Futures Trial Fund Positions
- Regular Futures Trial Fund Positions: Maximum leverage of 25x.
- Enhanced Futures Trial Fund Positions: No leverage limit for opening positions.
Please note that removing the leverage limit for Enhanced Futures Trial Fund positions does not eliminate trading risks. Set leverage according to your risk tolerance and monitor your positions and margin requirements closely.
Please review the applicable rules before redeeming Futures Trial Funds and manage your account funds accordingly.
Thank you for your understanding and continued support.
The Bitrue Team