Q1: What is the perpetual futures bonus of Gate?
Gate perpetual futures bonus can be used as a margin, trading fees, funding fees, and deduct losses. Gate perpetual futures bonus allows users to experience the function of futures products without risk in real futures trading.
Q2: How to get and use perpetual futures bonus?
- Perpetual futures bonus of Gate will be distributed in the form of USDT or BTC.
- You can get perpetual futures bonus through give-away events, and claim it on the futures trading page.
- You can view the perpetual futures bonus you have received on the futures trading page-Assets or Wallet- Futures Account.
- Perpetual futures bonus can be used directly as a trade principal, serving as a futures trading margin and to deduct account losses, trading fees and funding fees.
Q3: How does perpetual futures bonus work?
- When the futures bonus is the only asset in your futures account, the bonus can serve as the principal or the margin for futures trading, and it can be used to offset account losses, trading fees, and funding payments; however, when you have assets in your futures account, the futures bonus can only be used to offset losses occurred in reducing positions.
- The part of the profit obtained from the perpetual futures bonus trading can be transferred or withdrawn.
Example：
User A’s account has its own 50 USDT funds and 100 USDT perpetual futures bonus. After the first transaction is filled, the loss of 80 USDT will be first deducted from the perpetual futures bonus. The remaining perpetual futures bonus is 20 USDT, and the 50 USDT self-owned funds remain unchanged. If the second transaction is filled with a profit of 20 USDT, the perpetual futures bonus will remain unchanged at 20 USDT, while the self-own funds will be changed to 70 USDT, and the profit from the position can be transferred.
Q4: What are the limitations of the perpetual futures bonus?
- To claim and receive perpetual futures bonus, you must have no less than 0.0001 BTC (if other currencies, convert them into BTC) in your Spot account.
- Perpetual futures bonus cannot be transferred or withdrawn.
- The perpetual futures bonus will keep valid for 7 days upon being received. Upon expiry, the unspent part will be automatically withdrawn by the system. The risk of position liquidation should be noted.
- Sub-accounts are not eligible to use perpetual futures bonus.
Q5. Why are there two identical bonus deductions in Futures Transaction History? Is it a duplicate charge?
If a deduction is a futures bonus credit, there will be two records in Transaction History, which are the transaction type and the bonus deduction.
The futures bonus deduction is only to identify that the charge was made with the futures bonus, and the system will not repeat the charge.
If you have any questions about Transaction History, please contact customer service.
