BitTap Futures Bonus User Guide

BitTap
3 min readDec 11, 2024
  1. What is a Futures Bonus?
    The Futures Bonus is virtual funds provided by the BitTap platform to help users experience and participate in futures trading. It is awarded through activities such as promotions, referrals, and other incentives. Users can utilize the bonus in futures trades without using their own funds. This allows users to engage in low-risk trading while increasing platform activity.
  2. Scope of Use for Futures Bonus
  • Trading Purposes: The Futures Bonus can be used for opening positions in USD-margined or coin-margined futures contracts, supporting various contract types.
  • Non-withdrawable: The bonus cannot be withdrawn as cash or transferred to other accounts.
  • Withdrawable Profits: Profits earned from trades using the bonus can be withdrawn as real assets, though the bonus portion will be automatically deducted upon withdrawal.
  1. How to Obtain a Futures Bonus
    Users can acquire a Futures Bonus through several methods:
  • Participating in Platform Activities: By joining trading competitions or time-limited promotions, users can earn a bonus.
  • Completing Designated Tasks: New user registrations, first deposits, or initial trades may grant a bonus as a reward.
  • Inviting Friends: By referring friends to register and trade on BitTap, both the inviter and invitee may receive a bonus.
  1. Usage Rules for Futures Bonus
  • Expiration Period: The bonus typically comes with an expiration period (ranging from 7 to 30 days). If unused by the expiration date, it will be automatically reclaimed by the system.
  • Trading Scope: The bonus is limited to futures trading and cannot be used for spot trading or other products.
  • Minimum/Maximum Trade Amount: Users must ensure their trade orders comply with the platform’s minimum or maximum trading amount requirements when using the bonus.
  1. Futures Bonus Restrictions
  • Priority Deduction for Losses: If a trade results in a loss while using the bonus, the system will prioritize deducting the loss from the bonus amount. Once the bonus is fully used, any remaining losses will be covered by the user’s own funds.
  • Bonus Clearance Rule: If a user has no funds in their account or holds no active positions, the remaining bonus will be cleared from the account.
  1. Bonus Profit Withdrawal Rules
    While the bonus itself cannot be withdrawn, any profits generated from using the bonus in trading can be withdrawn, provided they meet the platform’s minimum withdrawal limits.
  2. How to Check Bonus Balance
    Users can view their bonus balance and usage details by navigating to the “Coupon Center” on the BitTap platform. This page shows the bonus’s validity period, usage status, and transaction history.
  3. Frequently Asked Questions about the Bonus
  • Q: Why can’t I use my bonus?
  • A: The bonus cannot be used if it has expired or if the trade does not meet the platform’s minimum/maximum trade amount requirements.
  • Q: Can multiple bonuses be combined?
  • A: According to BitTap’s rules, bonuses cannot usually be combined, and only one bonus can be used per trade.

This guide provides an overview of how the BitTap Futures Bonus works, allowing users to maximize their trading opportunities while understanding the rules and limitations associated with the bonus.

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BitTap
BitTap

Written by BitTap

BitTap is a cryptocurrency exchange offering Spot, Derivatives Trading and more.

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