# FreeU Guide

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### **1. What is FreeU?** <a href="#id-1.-what-is-freeu" id="id-1.-what-is-freeu"></a>

FreeU is a demo crypto introduced by the YUBIT platform. In demo trading pairs, the quoted asset is FreeU, with **1 FreeU = 1 USDT**. It allows users to practice trading without risking real funds, helping them learn trading strategies and gain experience.

### **2. How to Obtain FreeU?** <a href="#id-2.-how-to-obtain-freeu" id="id-2.-how-to-obtain-freeu"></a>

✔ **New User Registration:** New users who register a YUBIT account will receive **FreeU** for free.

✔ **Participate in Events:** Follow YUBIT official events and participate to earn FreeU rewards.

### **3. How to Use FreeU for Demo Trading?** <a href="#id-3.-how-to-use-freeu-for-demo-trading" id="id-3.-how-to-use-freeu-for-demo-trading"></a>

1. **Log in** to your YUBIT account.
2. Go to the **Futures** page and select **"FreeU Demo Trading"** mode.
3. **Start Trading:** You can perform buying, selling, and order placement just like in real trading.
4. **Check FreeU Balance:** Navigate to the contract account and click **"FreeU Demo Trading"**.
5. **Exchange for USDT:** In the contract account, select **"FreeU Demo Futures"**, then click **"Exchange"**.

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### **4. FreeU FAQs** <a href="#id-4.-freeu-faqs" id="id-4.-freeu-faqs"></a>

#### **1. What is FreeU?** <a href="#id-1.-what-is-freeu-1" id="id-1.-what-is-freeu-1"></a>

FreeU is a demo crypto launched by YUBIT for users to experience demo trading. It **cannot be withdrawn or transferred**, but it can be exchanged for **real USDT assets** at a set ratio.

#### **2. Can FreeU be withdrawn?** <a href="#id-2.-can-freeu-be-withdrawn" id="id-2.-can-freeu-be-withdrawn"></a>

No, FreeU cannot be withdrawn, but it can be exchanged for **USDT real assets**.

#### **3. Does FreeU expire?** <a href="#id-3.-does-freeu-expire" id="id-3.-does-freeu-expire"></a>

No, FreeU does not expire and can be used indefinitely.

#### **4. How do I exchange FreeU for USDT?** <a href="#id-4.-how-do-i-exchange-freeu-for-usdt" id="id-4.-how-do-i-exchange-freeu-for-usdt"></a>

Go to the **demo trading** page in your Futures account, select **"FreeU Exchange"**, enter the amount to be exchanged, and complete the exchange.

#### **5. What is the exchange ratio for FreeU?** <a href="#id-5.-what-is-the-exchange-ratio-for-freeu" id="id-5.-what-is-the-exchange-ratio-for-freeu"></a>

The initial exchange rate is **10,000 FreeU = 1 USDT**.

#### **6. What is the minimum exchange amount for FreeU?** <a href="#id-6.-what-is-the-minimum-exchange-amount-for-freeu" id="id-6.-what-is-the-minimum-exchange-amount-for-freeu"></a>

Please refer to the exchange page for the minimum exchange amount

#### **7. Can FreeU be used for real trading?** <a href="#id-7.-can-freeu-be-used-for-real-trading" id="id-7.-can-freeu-be-used-for-real-trading"></a>

No, FreeU is strictly for demo trading and cannot be used for real transactions or other purposes.

#### **8. Can FreeU be transferred between accounts?** <a href="#id-8.-can-freeu-be-transferred-between-accounts" id="id-8.-can-freeu-be-transferred-between-accounts"></a>

No, FreeU **cannot** be transferred between accounts, withdrawn, or cashed out.

#### **9. How can new users get FreeU?** <a href="#id-9.-how-can-new-users-get-freeu" id="id-9.-how-can-new-users-get-freeu"></a>

New users receive **FreeU** upon registration, which can be claimed on the app homepage to experience YUBIT trading products.

#### **10. Is FreeU exchange a one-way process?** <a href="#id-10.-is-freeu-exchange-a-one-way-process" id="id-10.-is-freeu-exchange-a-one-way-process"></a>

Yes, the exchange process is **one-way**, meaning **FreeU can only be exchanged for USDT**. Users **cannot** convert USDT back into FreeU.

#### **11. Is the FreeU demo trading experience the same as real trading?** <a href="#id-11.-is-the-freeu-demo-trading-experience-the-same-as-real-trading" id="id-11.-is-the-freeu-demo-trading-experience-the-same-as-real-trading"></a>

Yes, FreeU demo trading provides an experience identical to real trading. The first phase supports **BTCFreeU and ETHFreeU perpetual contracts**, which offer the same trading experience as **BTCUSDT and ETHUSDT**.

#### **12. Where can I check my FreeU exchange history?** <a href="#id-12.-where-can-i-check-my-freeu-exchange-history" id="id-12.-where-can-i-check-my-freeu-exchange-history"></a>

Exchange records can be found in the **"Airdrop Distribution Record"** section of your funds account history.