Futures Bonus & Trial Funds: Comprehensive Guide
1. Introduction
2.Asset Classification
YUBIT distinguishes between assets used for coverage versus assets used for testing:
Principal Assets: Real funds deposited by the user. Fully withdrawable.
Incentive Assets:
Futures Bonus：
Purpose: Used to pay for Trading Fees, Funding Fees, and Realized Losses.
Withdrawable: No. Only profits can be withdrawn.
Trial Funds:
Purpose: Solely to test out the platform and experience futures trading features.
Restrictions: Cannot be used to deduct trading fees, funding fees, or realized losses.
Withdrawable: No. Only profits can be withdrawn.
3. Order of Deduction
When a trade is executed, fees and losses are deducted in a specific order to protect the user's principal
Note: Profits realized from trades using Trial Funds and Futures Bonus are settled directly into your Principal Assets.
4.Usage Rules & Restrictions
4.1 Scope of Use
Futures Only: Incentive Assets are restricted to the Futures trading pairs specified in the campaign. They cannot be used for Spot trading, P2P, or Earn products.
Validity Period: All Incentive Assets have a strict expiration date (e.g., 14 days from receipt). Unused balances are automatically reclaimed by the system upon expiration without prior notice.
4.2 The "Void on Withdrawal" Clause
Users must be aware of the asset transfer rules to prevent accidental forfeiture.
CRITICAL WARNING:Any asset transfer out of the Futures Wallet (e.g., Transfer to Spot, Withdrawal to external wallet) results in the immediate forfeiture of all remaining Trial Funds and Futures Bonuses in that wallet.
4.3 Account & KYC Eligibility
Identity Verification: Under certain circumstances, users may be requested to complete at least Level 1 KYC (Identity Verification) to prevent forfeiture or unlock claiming capabilities.
Sub-Accounts: Trial Funds and Futures Bonuses are strictly limited to the Master Account. They cannot be transferred to or used within Sub-Accounts.
One Per User: Promotions are limited to one entry per natural person. YUBIT utilizes device fingerprinting and IP analysis to enforce this.
4.4 Trading Limitations
Leverage Caps: Positions opened using Trial Funds/Futures Bonus may be subject to a maximum leverage limit (e.g., 20x or 50x), regardless of the trading pair's maximum allowability.
Copy Trading: Trial Funds or Futures Bonuses cannot be used as the principal for Copy Trading or Strategy Bot creation unless explicitly authorized by a specific campaign.
API Restrictions: Trial Funds or Futures Bonuses may not be visible or usable via API endpoints. Users relying on algorithmic trading must ensure their scripts account for Principal Assets only.
4.5 Expiration Handling on Open Positions
This is a critical rule regarding what happens if a Futures Bonus expires while you have an open position.
Scenario: You have an open position using Futures Bonus, and the funds expire.The Rule:1. Automatic Settle: The system may attempt to recover the Futures Bonus value from your unrealized PnL or available balance.2. Forced Liquidation: If the recovery is not possible without closing the position, the system reserves the right to force-close (market close) the position at the expiration timestamp to recover the issued Futures Bonus.
5. Risk Control & Anti-Abuse Policy
YUBIT enforces strict anti-abuse measures to ensure fair play. All trades within YUBIT are subject to the futures trading rules. The Platform reserves the right to disqualify users and confiscate funds if any of the following "Malicious Behaviors" are detected:
5.1 Prohibited Activities
Wash Trading: Buying and selling the same asset repeatedly to artificially inflate trading volume.
Churning: Opening and closing positions rapidly for the sole purpose of consuming the Futures Bonus/Trial Fund without genuine market intent.
Matched Orders: Colluding with other accounts to buy and sell at the same price to transfer funds or manipulate prices.
Hedging with Bonuses: Using multiple accounts (or a single account) to open opposing long/short positions using Futures Bonus/Trial Funds to guarantee a profit regardless of market direction.
Multi-Account Abuse: Registering multiple accounts (bulk registration) using the same IP address, device ID, or KYC information to claim welcome rewards multiple times.
5.2 Consequences
If the risk control engine triggers an alert:
The relevant Incentive Assets will be recovered.
The account may be restricted from participating in future campaigns.
In severe cases, the account may be frozen for investigation.
5.3 "Opposite-Direction" Abuse
Simultaneously opening Long and Short positions on the same contract (or highly correlated contracts) using Futures Bonus/Trial Funds on two different accounts (or a Main/Sub account structure) to guarantee a payout is classified as Arbitrage Abuse. Detection: Our risk engine monitors correlation in opening times, IP addresses, and device IDs. Penalty: Immediate permanent ban on all associated accounts.
5.4 Illiquid Pair Manipulation
Using Futures Bonus/Trial Funds to trade low-liquidity pairs (or far-dated futures contracts) to manipulate the market price or transfer value between accounts is prohibited.
6. Disclaimer
No Liability: YUBIT shall not be liable for any loss caused by market volatility, liquidation, or technical glitches preventing the use of Futures Bonus/Trial Funds before expiration.
Right to Modify: YUBIT reserves the right to modify, suspend, or terminate any Bonus/Trial Fund program and its terms at any time at its sole discretion.
Final Interpretation: YUBIT reserves the final right of interpretation for all terms and conditions listed above.
These Terms and Conditions ("Terms") govern the participation in and usage of Futures Bonuses and Trial Funds provided by YUBIT ("The Platform"). By claiming or using these funds, the User agrees to be bound by these Terms.
7. FAQ
A. General & Eligibility
Q: Why is the "Claim" button greyed out or unresponsive?
A: This typically occurs for three reasons:1. Restricted Account: Your account is being reviewed while the bonuses are locked.2. Region Restriction: Your IP address is from a restricted jurisdiction.3. Time Limit: The campaign period has ended, or the daily quota for claims has been reached.
Q: Can I transfer my Futures Bonus or Trial Fund to a Sub-Account?
A: No. These assets are strictly non-transferable. They exist solely within the Master Account's Futures Wallet. Attempting to transfer them to a Sub-Account or another user will fail or void the assets.
Q: Can I use a VPN to claim the Bonus?
A: YUBIT employs strict risk controls. If our system detects that your IP address matches a known data center or VPN provider often associated with "Bonus Farming," your claim request may be rejected.
B. Financial Mechanics (Fees, Losses & Withdrawals)
Q: I have both a "Futures Bonus" and a "Trial Fund". Which is used first?
A: They are used based on the order the coupons are claimed. You can't claim 2 or more coupons at the same time
Q: Can I use Trial Funds to pay for my Trading Fees?
A: No. Trial Funds are for testing/margin purposes only. Trading fees and Funding fees must be paid using your Futures Bonus or Principal Assets.
Q: If I lose money on a trade, is it deducted from my Trial Fund?
A: No. Trial Funds do not cover any trading losses. Principal balance will be deducted for any trading losses using Trial Funds
Q: I made a profit using the Trial Fund. Why can't I withdraw it?
A: You can withdraw the Profit. However, the Trial Fund itself is not withdrawable.Important: When you initiate the withdrawal of the profit, the remaining Trial Fund will be removed from your account immediately as per the 4.2 "Void on Withdrawal" clause.
Q: Does converting small assets ("dust") to platform token count as a withdrawal?
A: Yes. Any movement of value out of the Futures wallet—including dust conversion—is considered a transfer and will void the remaining Trial Fund.
Q: I have a negative balance after a trade. Do I owe the platform money?
A: If market volatility causes slippage that exceeds your Bonus and Principal, resulting in a negative balance, YUBIT typically covers this via the Insurance Fund. Please contact support to reset your balance to zero before depositing new funds.
C. Trading Mechanics
Q: If Trial Funds cannot cover losses, what is the point of using them?
A: Trial Funds act as Additional Margin. They allow you to open larger positions (or test strategies) without committing more of your own Principal as collateral.
Q: Can I use the Trial Fund to buy Spot crypto?
A: No. Trial Funds are exclusively for Perpetual/Futures Contracts. They cannot be transferred to the Spot wallet or used to buy underlying assets.
Q: Do trading fees paid with Futures Bonuses count towards my VIP Level?
A: No. Volume generated or fees covered by Incentive Assets generally do not count towards VIP tier upgrades. Only trades executed with Principal Assets contribute to VIP scoring.
Q: Do I receive "Maker Rebates" or "Referral Commissions" if I trade using Trial Funds?
A: No. If a trade is executed using Trial Funds or if the fee is covered by a Futures Bonus, you are generally not eligible to receive Maker rebates or referral commissions on that specific transaction.
Q: What happens if I cancel a Limit Order placed with Trial Funds?
A: The Trial Funds locked in that order are returned to your Futures Wallet immediately. They remain valid until their original expiration date.
Q: Can I hedge (open Long and Short simultaneously) to unlock the bonus?
A: No. This is classified as "Abuse." YUBIT’s risk engine detects opposite-direction positions opened within short timeframes on the same (or correlated) accounts. This will result in the forfeiture of funds and account suspension.
D. Troubleshooting & System Behavior
Q: Why was my account flagged for "Abuse"?
A: Common triggers include high-frequency trading with no logic other than volume generation, logging in to multiple accounts from the same device ID, or attempting to arbitrage illiquid pairs.
Q: My position closed automatically. Why?
A: This usually happens if:1. Your Futures Bonus expired during the trade.2. You hit the "Max Holding Limit" for that specific campaign.3. You attempted to withdraw assets from the Futures wallet, triggering the "Void on Withdrawal" rule.
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