Coupon introduction

Cards and coupons are divided into four types: contract experience bonus, contract handling fee discount coupon, financial experience bonus, and contract bonus.

Contract experience bonus: Contract experience bonus refers to the real funds given by the platform to users for real-time trading. The platform pays for losses and the profits belong to the users, but the experience bonus itself does not support withdrawal. Contract experience bonus is divided into no threshold and specific experience bonus.

Usage rules:

1. An experience bonus can only be used once. Once the order is completed, the position is considered to have been used. If the transaction is partially cancelled, it is also considered to have been used.
2. Specific experience bonus can only be used for specified trading pairs (currently only U-standard is supported), specified leverage, and all are full-position mode. No threshold experience bonus can be used for all currency pairs, all leverages, and can also be used for perpetual and delivery.
3. All types of entrustment are supported, but if the experience bonus limit, plan, and maker-only entrustment orders have not been executed when the experience bonus expires, the entrustment order will be automatically cancelled, and the experience bonus status will be expired.
4. If there is no transaction and within the validity period, the cancellation of the order will be considered unused and can be used again.
5. The trial gold position or order is completely independent from the real gold position or order. The trial gold position cannot be opened in reverse or increased, and cannot be closed in the trading area.
6. The profit after the trial gold order is closed is transferred to the real contract account.
7. The trial gold order does not participate in the rebate and handling fee discount.

Contract Fee Coupon: Contract Fee Coupon refers to the coupon given by the platform to users, which can be used to deduct part or all of the handling fee when trading contracts (opening positions). It is divided into fixed-amount handling fee coupons and fixed-ratio handling fee coupons.

Usage Rules:
1. Only U-based contracts are supported, and experience gold orders are not supported.
2. One experience gold can only be used once, and the position is considered to have been used when the order is completed. Partial cancellation of the transaction is also considered to have been used.
3. It only applies to opening orders.
4. Fixed-amount handling fee coupons can deduct the handling fee of the coupon at most, and the order will not be returned until it is fully deducted.
5. Fixed-ratio handling fee coupons can deduct a percentage of the total handling fee of the order, with no upper limit.
6. The handling fee discount and rebate are calculated based on the actual handling fee collected.
7. The above coupons cannot be used when carrying orders and holding positions in one direction. Only one discount coupon can be used for each order.

Contract bonus (hereinafter referred to as bonus): It is a real fund provided by Hotcoin to users for real trading. The platform pays for losses, and the profits belong to the users. However, the bonus itself does not support withdrawal. Bonus and experience bonus are similar but also very different.
Usage rules:
1. Bonus can be used together with real funds and take precedence over real funds. Once the bonus is received and used, it cannot be closed
2. The bonus itself is in the form of a card voucher and cannot be transferred, but the profit generated by it can be transferred
3. The bonus can be used as margin, funding fees, transaction fees (opening and closing positions), copying orders, and leading orders. It supports full warehouses, warehouses, two-way, one-way, and all types of orders. It supports repeated use until it is recovered by risk control or deducted
4. The bonus cannot be used together with the fee deduction coupon and contract experience bonus (the same order), but the contract experience bonus can still be used. It needs to meet the conditions of use when used
5. If the position using the contract bonus is manually recovered, the margin will be released for recovery after the position is closed, and it will be recovered after the order is cancelled.
6. Scenarios where the bonus cannot be deducted: profit sharing for copy trading, position-by-position positions opened without using the bonus
7. After receiving the bonus, the funds will be transferred to the corresponding contract account. You can view the assets in the contract account and the usage details in the financial log.
8. No handling fee rebate or self-rebate will be generated when using the bonus

Contract Trading Fund (hereinafter referred to as Trading Fund): It is a real fund provided by Hotcoin to users for real trading. The platform will pay for losses and the profits will be returned to users in proportion. However, the Trading Fund itself does not support withdrawal.

Rules of Use:

1. Trading funds are independent of contract accounts, that is, users can have contract positions and trading fund positions, and these two positions are completely independent.

2. The trading fund itself is in the form of a card voucher and cannot be transferred. The profits generated will be settled when the card voucher expires. The payment will be settled according to the ratio shown on the card.

3. Trading funds can be used as margin, funding fees, transaction fees (opening and closing positions), and orders. They support full-position and position-by-position, two-way, all types of entrustment, and can be reused until they expire and are recovered.

4. Trading funds cannot be used together with handling fee deduction coupons and contract experience bonuses (in the same order), but contract experience bonuses can still be used and must meet the usage conditions.

5. Trading funds may be recovered due to stop-profit, stop-loss, expiration or risk control.

6. When the fund is redeemed, its positions will be closed at the market price and the order will be revoked.

7. Using trading funds will not generate rebates and self-rebates

Contract opening coupons (hereinafter referred to as opening coupons): are a kind of card coupons provided by Hotcoin to users that can only be used to open positions. They can be used to expand positions, use less margin, and open larger positions.

Usage rules:

1. The opening coupon itself exists in the form of a card coupon, cannot be transferred and can be reused. Real money can be received after completing the corresponding requirements of the opening coupon.

2. It can only be used to open positions, and cannot be used to offset trading losses, funding costs, handling fees, etc.

3. Only U-based perpetual contracts are supported, and planned orders, tracking orders, and one-way positions are not supported. It cannot be used to follow orders, but orders can be carried.

4. It cannot be used in the same order with experience gold and handling fee discount coupons. Real gold is used first, and can be used at the same time as bonus funds. The order of use is: bonus funds>real gold>opening coupons; It can only be used in contract accounts, and cannot be used with trading funds.

5. Opening positions cannot be opened with pure opening coupons. When opening positions with opening coupons, the proportion of the total position face value must be less than or equal to the opening ratio of coupons configured by the card coupons;

6. After the validity period of the opening coupons expires, the platform will recycle the card coupons. When recycling, the existing opening coupons will expire, the commissions of the opening coupon face value part will be revoked, and the positions of the opening coupon face value part will be closed and recycled;

7. Profit and loss settlement will be carried out when the user claims the reward or the card coupon expires: the total realized profit of all positions of the user during the validity period of the opening coupons is counted. When the total is > 0 and greater than or equal to the specified multiple of the opening coupon face value, or the total is < 0 and the absolute value is greater than or equal to the specified multiple of the opening coupon face value, the user can obtain a real gold reward equal to the opening coupon face value;

8. The real gold reward will be automatically issued to the contract account 3 days after the settlement

Financial Experience Fund (hereinafter referred to as USDTEST): It is a financial experience benefit provided by Hotcoin to users. It is used to participate in financial projects exclusively for new users in the regular treasure, and earn USDT income through zero-cost financial management. After receiving USDTEST, users can participate in the designated financial management project. Recharge, withdrawal and trading are not supported for the time being. The income part can be withdrawn or sold after expiration.

Usage Rules:

USDTEST financial management belongs to the regular financial management type of financial management to earn coins. After successful participation, interest will be automatically settled and distributed. After expiration, USDT interest rewards will be obtained. The experience fund cannot be reused.
USDTEST is not valid for a long time. After receiving it, users need to click "Participate Now" within the validity period to obtain USDT income. After the validity period, the experience fund will be invalid.
The validity period refers to the effective use time of USDTEST calculated from the time it is issued to the account. For example: Assume that 1,000 USDTEST is received on July 1, and the validity period is 7 days
At present, the ways to receive cards and coupons are ① platform welfare center tasks and ② platform limited-time event rewards.