BiFinance Bonus Advantages
- Increased Profits: Using bonuses increases your account's margin, allowing you to open larger positions and achieve higher profits.
- Liquidation Protection: With increased margin, when your open positions are not fully leveraged, the bonus acts as additional margin, altering the liquidation price and making it less likely to be liquidated.
- Profit Withdrawal: Net profits from trading with bonuses are withdrawable. Profits belong to the user.
- Loss Deduction: When your contract account lacks sufficient non-bonus assets, the bonus can offset trading losses and transaction fees.
- Convert Cash: When your trading volume meets the bonus requirements, the bonus amount will be converted into real cash, which you can withdraw directly! (Different types of bonus vouchers have different trading volume requirements; please refer to the voucher center for details.)
- Unlimited Uses: There is no limit to the number of times you can use the bonus voucher until it is used up through trading, converted to real money when the trading volume reaches the required level, expires, or you voluntarily give it up.
- No Leverage Limit: There is no leverage limit when using the bonus voucher; you can open a position up to 125 times leverage.
- No KYC Requirement: No KYC is required to use the bonus voucher.
(KYC is only required for users with abnormal trading behavior.)
Example of Bonus Usage
- Increased Profits: With an initial account balance of 100U, opening a long position worth 10,000U with 100x leverage, the profit amount A is expected when the market rises. After using a 30U bonus voucher, the same 100x leverage can be used to open a long position worth 13,000U. With the same market rise, the profit amount B is expected, which is 30% of the original A.
After using the bonus voucher, when the maximum position is profitable, you will receive excess profits equal to the bonus voucher's value!
- Liquidation Protection:
Example: With an initial capital of 100U, opening a long position worth 1,000U with 100x leverage, the liquidation threshold is C. After using a 30U bonus, opening a long position worth 1,000U with a margin of 130U, the liquidation threshold is D, which is much smaller than C.
Using the bonus makes it much harder for smaller positions of the same amount to be liquidated because the bonus acts as margin, making liquidation less likely!
- Profit Withdrawal:
Example: With a profit of 100U and a loss of 20U, and a transaction fee of 1U, after the bonus is used up (which the user can choose to end), the user can withdraw 79U of net profit and the initial capital.
- Loss Deduction:
Example: With an initial deposit of 100U and a 30U bonus, the account will not be liquidated even if the trading loss reaches 100U. If the trading loss exceeds the initial capital, the bonus can offset the trading loss. The maximum loss limit for users is 130 USDT (principal + bonus).
- Convert Cash:
Example: A 30 USDT bonus voucher requires a trading volume of 100,000 USDT. Once the trading volume is achieved, the user can withdraw their principal + 30 USDT bonus + trading profits.
If the trading volume target is not met, the system will reclaim the 30 USDT bonus after the bonus expires (7 days). The user can then withdraw their principal + trading profits.
Notes on Bonus Usage
- Bonus Claim: Click on your avatar to enter the Coupon Center - Click Claim
- Bonus Rebate:
This customized bonus will be rebated according to the account's own rebate ratio.
The required transaction volume for bonus coupons can be viewed in the coupon center.
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