> For the complete documentation index, see [llms.txt](https://yubit.gitbook.io/yubit/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://yubit.gitbook.io/yubit/derivatives-trading/yubit-reward-coupons-types-and-usage-guide.md). # YUBIT Reward Coupons: Types and Usage Guide ## YUBIT Reward Coupons: Types and Usage Guide This guide covers four types of YUBIT reward coupons: Futures Bonus Coupon, Futures Position Coupon, TradFi CFD Bonus Coupon, and TradFi CFD Position Coupon. It explains how each coupon works, how fees and trading losses are handled, and the rules for profits, fund transfers, and expiry. Eligibility requirements, supported instruments, deduction rates, and validity periods may vary. Review your coupon details and the relevant campaign terms before use. ### Key Rules Bonus Coupons provide trading margin and cover eligible fees and losses under the applicable rules. Position Coupons provide positions on specified instruments; trading losses on those positions do not reduce your own principal. Unused coupons are reclaimed upon expiry, while coupons already in use are retained. ### Coupon Types at a Glance | Coupon Type | Main Purpose | Treatment of Trading Losses | | -------------------------- | ------------------------------------------------------------ | ---------------------------------------------------------------------- | | Futures Bonus Coupon | Provides futures margin and offsets eligible fees and losses | Eligible amounts are covered by the bonus; you cover the remainder | | Futures Position Coupon | Provides a futures position in a specified cryptocurrency | Trading losses on the coupon position do not reduce your own principal | | TradFi CFD Bonus Coupon | Provides TradFi margin and offsets eligible fees and losses | Eligible amounts are covered by the bonus; you cover the remainder | | TradFi CFD Position Coupon | Provides a position in a specified TradFi instrument | Trading losses on the coupon position do not reduce your own principal | ### Claiming and Using Your Coupons Log in to YUBIT, complete the required campaign tasks, and claim your coupons. Go to Profile > Coupon Center to view and activate them. Navigation may vary by platform or app version. Some coupons require a minimum account balance or other conditions to be met before redemption or use. Check the eligible account, specified instrument, position size, leverage, funding requirements, and expiry date before proceeding. A coupon’s displayed value is not withdrawable cash. Unused coupons are reclaimed upon expiry, while coupons already in use are retained. Active benefits are not reclaimed solely because the coupon expires. Separate fund-transfer and reclamation rules still apply, as described below. ### Futures Bonus Coupon #### Overview A Futures Bonus Coupon provides bonus funds for eligible futures trading. These funds can be used as margin to open positions and to offset eligible trading fees, funding fees, and realized losses under the coupon rules. The coupon cannot be used for spot trading or exchanged for cash. #### Fees and Trading Losses The amount covered depends on the coupon’s deduction rate, eligible expenses, available bonus balance, and deduction priority. Any amount outside the eligible scope or exceeding the available allowance is paid from your own funds. Your own funds may be deducted even when a bonus balance remains. Bonus-first deduction does not mean that all fees and losses are covered until the bonus is fully used. #### Profits and Fund Transfers Bonus funds cannot be transferred or withdrawn. Realized trading profits are credited to your own account funds. Transferring funds out of your Futures Wallet—including profits—triggers the reclamation of any remaining bonus funds provided by Futures Bonus Coupons. #### Expiry Unused Futures Bonus Coupons are reclaimed upon expiry. Coupons already in use are retained, and their active bonus benefits are not reclaimed solely because the coupon expires. ### Futures Position Coupon #### Overview A Futures Position Coupon provides a futures position in the cryptocurrency specified on the coupon. It can only be used for that specified instrument. Position size, leverage, and usage conditions are set out in the coupon details. The coupon is not a general-purpose bonus and cannot be used for other instruments or exchanged for cash. #### Position Value and Usage The displayed position value represents the size of the trading exposure, not withdrawable cash. Margin is the amount required to support that position. Review the coupon details for the applicable position size, margin, and leverage. Use the coupon through its supported trading interface. Available trading directions, order types, and options for increasing or reducing a position depend on the features supported by the coupon. #### Principal Protection Trading losses on a position opened with a Futures Position Coupon will not be deducted from your own principal. This protection applies only to the coupon position. It does not cover other positions you open separately with your own funds, and it does not guarantee a profit. #### Profit Settlement When the position is closed, profits are settled under the coupon terms and applicable account rules. Neither the coupon itself nor its displayed position value can be withdrawn directly. #### Expiry Unused Futures Position Coupons are reclaimed upon expiry. Coupons already in use are retained. Expiry alone does not reclaim active coupon benefits or automatically close the associated position. Open positions remain subject to normal trading and risk-control rules. ### TradFi CFD Bonus Coupon #### Overview A TradFi CFD Bonus Coupon provides bonus funds for eligible TradFi contracts for difference (CFDs) on YUBIT. These funds can supplement your own funds as margin for opening and maintaining positions and offset eligible trading fees and position losses under the coupon rules. Amounts not covered by the bonus are paid from your own funds. #### Redemption and Usage Review the redemption deadline, usage period, minimum account balance, and eligible instruments before redeeming the coupon. Only one TradFi CFD Bonus Coupon may be redeemed at a time. Before redeeming another, the current bonus usage period must end and all related processing must be completed. Using up the bonus balance does not, by itself, allow immediate redemption of another coupon. #### Eligible Deductions The amount covered depends on the coupon’s deduction rate, eligible expense categories, and available bonus balance. Trading fees, overnight fees, and financing fees are separate charges. Only expenses explicitly covered by the coupon rules are eligible for deductions. The funding-fee rules for a Futures Bonus Coupon do not automatically apply to a TradFi CFD Bonus Coupon. #### Profits and Fund Transfers Bonus funds cannot be transferred or withdrawn. Trading profits and available funds are handled under the applicable account settlement rules. Transferring funds out of your TradFi account triggers the reclamation of any remaining bonus funds. Transfers may be restricted while positions associated with the bonus remain open. #### Expiry Unused TradFi CFD Bonus Coupons are reclaimed upon expiry, while coupons already in use are retained. Expiry alone does not reclaim active bonus benefits or automatically close associated positions. Settlement and the treatment of any remaining benefits after use are governed by the relevant coupon rules. ### TradFi CFD Position Coupon #### Overview A TradFi CFD Position Coupon provides a position on the TradFi instrument specified on the coupon. It can only be used for that specified instrument. Position size, leverage, and the eligible account are specified in the coupon details. The coupon cannot be used for other instruments or exchanged for cash. #### Using Your Coupon Check the specified instrument, eligible account, position value or number of lots, margin, and leverage. If the position is quoted in lots, also check the contract size per lot. Use the coupon during the instrument’s supported trading hours and through the available trading features. #### Principal Protection Trading losses on a position opened with a TradFi CFD Position Coupon will not be deducted from your own principal. This protection applies only to the coupon position. It does not cover other positions you open separately with your own funds, and it does not guarantee a profit. #### Profit Settlement When the position is closed, profits are settled under the coupon terms and applicable account rules. Neither the coupon itself nor its displayed position value can be withdrawn directly. #### Expiry Unused TradFi CFD Position Coupons are reclaimed upon expiry. Coupons already in use are retained. Expiry alone does not reclaim active coupon benefits or automatically close the associated position. Open positions remain subject to the instrument’s trading hours and normal trading rules. ### Risk Notice and Campaign Rules Principal protection applies only to positions opened with a Futures Position Coupon or TradFi CFD Position Coupon and does not guarantee a profit. A Futures Bonus Coupon or TradFi CFD Bonus Coupon does not eliminate the risk of losing your own funds. Understand the risks of leverage, price movements, and margin changes before trading. All coupons are subject to the relevant campaign terms. Wash trading, collusive trading, duplicate claims through multiple accounts, and other forms of reward abuse are prohibited.