Hotcoin currently offers the following six types of coupons, mainly used in Futures trading and wealth-management–related scenarios:
- Futures Experience Bonuses
- Futures Fee Discount Coupons
- Futures Bonuses
- Futures Position Opening Coupons
- Investment Trial Funds (USDTEST)
-
Futures Margin Bonus
Each coupon type has different applicable scopes and usage rules. Please read the relevant instructions carefully before use.
I. Futures Experience Bonus
1. Product Description
The Futures Experience Bonus is a trial fund provided by the platform for use in live Futures trading. When trading with a Futures Experience Bonus, the platform covers losses, and the user keeps any profits. However, the bonus principal itself is not withdrawable.
Futures Experience Bonuses are classified into:
- General-use Futures Experience Bonus
- Restricted Futures Experience Bonus
2. Usage Frequency Rules
- Each Futures Experience Bonus can be used only once
- Once an order is executed and a position is created, the bonus is considered used
- If an order is partially filled and then canceled, it is still regarded as used
3. Applicable Scope
- A Restricted Futures Experience Bonus can be used only for designated trading pairs (currently U-margined only) and specified leverage, and must be used in Cross Margin mode
- A General-use Futures Experience Bonus can be used for all trading pairs and all leverage levels, and supports both perpetual Futures and delivery Futures
4. Order Types and Validity
- All order types are supported
- If limit orders, trigger orders, or Maker-only orders placed using a Futures Experience Bonus are not filled before the bonus expires, the system automatically cancels the orders and marks the bonus as expired
5. Order Cancellation
- If an order is not filled within the validity period and the user cancels it manually, the bonus is considered unused and can be used again
6. Position Restrictions
- Futures Experience Bonus positions are completely independent from real-fund positions
- Reverse positions and position i7,ncreases are not supported
- Futures Experience Bonus positions cannot be closed manually in the trading interface
7. Profit Settlement
Profits generated after closing a Futures Experience Bonus position are automatically transferred to the user’s real Futures account
8. Discounts
Orders placed using a Futures Experience Bonus are not eligible for fee discounts
II. Futures Fee Discount Coupon
1. Product Description
The Futures Fee Discount Coupon is used to deduct part or all of the trading fees incurred when opening a Futures position.
Types include:
- Fixed-Amount Fee Discount Coupon
- Percentage-Based Fee Discount Coupon
2. Applicable Products
- Only U-margined Futures are supported
- Orders using Futures Experience Bonuses are not supported
3. Usage Frequency Rules
- Each Futures Fee Discount Coupon can be used only once
- Once an order is executed and a position is created, the coupon is considered used, even if the order is partially filled and then canceled
4. Usage Conditions
- Futures Fee Discount Coupons apply only to opening orders
- Only one Futures Fee Discount Coupon may be used per order
5. Deduction Methods
a. Fixed-Amount Fee Discount Coupon
- The deductible amount is capped at the face value of the coupon
- Any unused deductible amount will not be refunded
b. Percentage-Based Fee Discount Coupon
- Fees are deducted based on a percentage of the actual trading fees incurred
- There is no upper limit on the deductible amount
6. Fee and Rebate Calculation
- Fee discounts and rebates are calculated based on the actual fees charged
7. Unsupported Scenarios
- Futures Fee Discount Coupons cannot be used in lead trading or one-way position mode
III. Futures Bonus
1. Product Description
The Futures Bonus is a real-fund reward provided by Hotcoin for live Futures trading.
2. Usage Method
- The Futures Bonus can be used together with real funds and is prioritized over real funds
- Once enabled, the Futures Bonus cannot be turned off
3. Applicable Scenarios
The Futures Bonus can be used for:
- Margin
- Funding fees
- Trading fees (opening and closing)
- Copy trading and lead trading
It supports Cross Margin and Isolated Margin, hedge and one-way position modes, and all order types. The bonus can be reused repeatedly until it is fully consumed or reclaimed by risk control.
4. Usage Restrictions
- Within the same order, the Futures Bonus cannot be used together with a Futures Fee Discount Coupon or a Futures Experience Bonus
5. Reclaim Rules
- The corresponding margin will be reclaimed after the position is closed
- The bonus will be reclaimed after related orders are canceled
6. Unsupported Scenarios
- Copy trading profit sharing
- Isolated margin positions opened without using the Futures Bonus
7. Assets and Records
- The Futures Bonus will be credited to the corresponding Futures account
- Usage details can be viewed in the asset overview and financial logs
8. Rebates
Orders placed using a Futures Bonus are not eligible for any form of fee discounts or returns
IV. Futures Position Opening Coupon
1. Product Description
The Futures Position Opening Coupon is a coupon usable only for opening positions, allowing users to open larger positions with less margin.
2. Usage Method
- Opening coupons are issued in coupon form and cannot be transferred
- Opening coupons can be reused, and real-fund rewards may be granted after meeting the corresponding conditions
3. Supported Products
- Only U-margined perpetual Futures are supported
- Trigger orders, trailing orders, and one-way position mode are not supported
- Copy trading is not supported, while lead trading is supported
4. Usage Restrictions
- A Futures Position Opening Coupon cannot be used together with a Futures Experience Bonus or a Futures Fee Discount Coupon within the same order
- A Futures Position Opening Coupon can be used together with a Futures Bonus. The usage order is: Futures Bonus → Real Funds → Opening Coupon
- Futures Position Opening Coupons can be used only in Futures accounts and cannot be used together with trading funds
5. Position Ratio Limit
- A Futures Position Opening Coupon alone cannot complete an opening position
- When using a Futures Position Opening Coupon, its proportion of the total position notional value must not exceed the maximum ratio configured for the coupon
6. Expiration and Reclaim Rules
After expiration, the platform will automatically reclaim:
- Expired Futures Position Opening Coupons
- Unfilled orders corresponding to the coupon value
- Open positions corresponding to the coupon value, which will be closed and reclaimed
V. Investment Trial Funds (USDTEST)
1. Product Description
Investment Trial Funds (USDTEST) are trial funds provided by Hotcoin for participation in fixed-term investment products, exclusive to new users.
2. Usage Method
- Users can earn USDT returns at zero cost
- Deposits, withdrawals, and trading are not supported
3. Usage Rules
- After successful participation, interest will be calculated and distributed automatically
- Upon maturity, users will receive USDT interest rewards
- Each Investment Trial Fund can be used only once
4. Validity Period
- Users must click “Participate Now” within the validity period to earn returns
- If unused after expiration, the Investment Trial Fund will become invalid
5. Validity Example
If 1,000 USDTTEST is credited on July 1 with a validity period of 7 days, participation must be completed by July 7
Ⅵ. Futures Margin Bonus
1. Product Description
A Futures Margin Bonus is platform-provided trading capital that can only be used for live USDT perpetual futures trading. It may be used to offset trading losses.
2. How to Claim
To claim a Futures Margin Bonus, your futures account must contain the required amount of your own funds.
3. Usage Rules
- A Futures Margin Bonus must be used together with the user's own funds in the required proportion and cannot be used on its own to open positions.
- A Futures Margin Bonus may be used to offset losses and will be included when calculating the liquidation price of Cross Margin positions. Losses, including order losses, trading fees, and funding fees, are deducted from the user's own funds first. The Futures Margin Bonus will only be used after the user's own funds have been fully depleted.
- Profits generated from the portion of the position funded by the Futures Margin Bonus are subject to a management fee at the rate specified by the platform. The remaining amount constitutes the user's actual Futures Margin Bonus profit.
- If any portion of the Futures Margin Bonus has been used to offset losses, then when future profits are generated from the portion of the position funded by the same Futures Margin Bonus, such profits, after deduction of the applicable management fee, must first be used to replenish the depleted Futures Margin Bonus. Only the remaining profit after the loss has been fully replenished will belong to the user.
- A Futures Margin Bonus cannot be used together with Futures Bonus or Futures Position Opening Bonus. Fee Discount Coupons may still be used. When claiming a Futures Margin Bonus, the account must not contain any active Futures Bonuses or Futures Position Opening Bonuses. Only one Futures Margin Bonus may be held at any given time.
- A Futures Margin Bonus cannot be used in a Copy Trade Account or for grid trading. It may be used for lead trading and copy trading in a Futures Account.
4. Validity and Expiration
- A Futures Margin Bonus may be reused until it is fully depleted by losses or becomes invalid.
- The bonus may become invalid due to expiration, asset transfers, or risk-control measures.
- When a bonus becomes invalid:
- Any unused bonus remaining in the account will be reclaimed immediately.
- Bonus funds currently allocated to open positions or pending orders will remain effective and will not be affected by expiration.
- Once the related position is closed or the pending order is canceled, the allocated bonus will be reclaimed immediately.
- For cross-margin positions, the system will first verify whether reclaiming the unused bonus would trigger liquidation. If liquidation would occur, the bonus will remain in the account until it can be safely reclaimed without causing liquidation.
Ⅶ. Ways to Obtain Coupons
Coupons may currently be obtained through:
- Rewards Center tasks
- Limited-time promotional campaigns