Coinmy Futures Trading Voucher Usage Rules
Definition
1.1 The Futures Trading Voucher (hereinafter referred to as the “Voucher”) is real funds provided by Coinmy to users, used exclusively for real trading on the Coinmy platform to help users experience futures trading.
1.2 The deduction voucher cannot be used for opening positions. It can offset trading fees, funding rates, and losses at a specified ratio, reducing the user's actual capital risk in futures trading.
1.3 The Voucher amount ranges from 10–100 USDT, subject to the specific activity announcement.
Acquisition Methods
2.1 Activity Acquisition:
Users can obtain Vouchers by participating in activities on the Coinmy official website or App and completing the required tasks.
2.2 Multiple Vouchers:
Each user may hold multiple Vouchers simultaneously (with different values).
Example: A user may hold both a 50 USDT and a 100 USDT Voucher.
Activation Conditions
3.1 Account Requirements:
Users must open a futures account (click "Open Futures Account" on the “Futures” page).
KYC identity verification is not required.
3.2 Activation Rules:
Only one Voucher can be activated and used at a time.
If multiple Vouchers are held, activating a higher-value Voucher (e.g., 100 USDT) will automatically invalidate any lower-value Vouchers (e.g., 20 USDT).
3.3 Activation Process:
Go to “Coupon Center > My Vouchers,” select a Voucher and click “Activate.”
Once activated, the Voucher is automatically transferred to the user’s real futures account for trading use.
Usage Scope
4.1 Supported Products:
Vouchers are limited to real trading on the Coinmy futures platform.
Including USDT-M perpetual contracts.
4.2 Trading Pairs:
No restrictions on trading pairs; all futures pairs are supported (e.g., BTC/USDT, ETH/USDT, SOL/USDT, etc.).
4.3 Unsupported Scenarios:
Vouchers cannot be used for spot trading, staking, or any other products.
Vouchers cannot be withdrawn or transferred to another account.
Usage Rules
5.1 Leverage Rules:
Vouchers have no leverage limitations and support 1x up to the platform’s maximum leverage (up to 100x depending on the pair).
Users may adjust leverage on the “Trade” page.
5.2 Margin Modes:
Cross Mode: The Voucher shares margin with other account funds; losses may affect all funds.
Isolated Mode: Each position uses independent margin; losses only affect that position.
Users may switch modes in the “Trade” page.
5.3 Trading Rules:
Supports long (buy) and short (sell) positions.
Supports limit orders, market orders, and TP/SL orders.
Trading fees follow standard account rates (Maker 0.02%, Taker 0.05%), deducted from the Voucher or account balance.
If margin ratio falls below maintenance margin, liquidation will occur and the Voucher may be wiped out.
5.4 Validity Period:
The received futures trading voucher can be used for the number of days shown on the coupon and will be automatically reclaimed upon expiration.
Profit Handling
6.1 Profit Nature:
Profits generated from trades using Vouchers are real funds credited to the user’s futures account.
Profits can be used, withdrawn, or transferred according to standard futures account rules.
6.2 Withdrawal Restrictions:
The Voucher itself cannot be withdrawn; only profits generated through trading may be withdrawn.
Profit withdrawals must follow platform withdrawal rules (such as minimum withdrawal amount, account verification).
Notes
7.1 Risk Management:
Futures trading carries high risk; it is recommended to set TP/SL levels to control losses.
High leverage may cause rapid depletion of the Voucher—operate cautiously.
7.2 Voucher Management:
If holding two Vouchers, it is recommended to activate the smaller one first to avoid invalidating it by activating a larger Voucher.
7.3 Account Security:
Enable account verification to protect your account.
Do not share your account information or participate in unofficial activities.
7.4 Compliance:
Comply with local laws and regulations regarding virtual asset trading.
Restrictions
8.1 Usage Restrictions:
Vouchers are limited to real futures trading only and cannot be used across different products.
Only one Voucher may be used at a time.
8.2 Multiple Voucher Restrictions:
Activating a high-value Voucher will invalidate lower-value Vouchers.
8.3 Account Restrictions:
Using multiple accounts to obtain Vouchers is prohibited and may result in account banning.
Arbitrage using hedging or similar methods is prohibited; violators will be disqualified.
Balance Inquiry
9.1 Users can check Voucher balance and trading P/L under “Futures > Futures Assets.”
9.2 Trading history can be viewed on the “Trade History” page.
Issue Handling
10.1 Common Issues:
Voucher not received: Check status in “Coupon Center.”
Smaller Voucher invalidated: Confirm whether a larger Voucher was activated.
10.2 Customer Support:
Online Support: Available 24/7 via the customer service button on the platform.
Email: support@coinmy.com
Feedback Process: Provide account UID and issue details; support will respond within 1–2 business days.
Legal & Compliance
11.1 Users must comply with Coinmy’s Terms of Service and applicable local regulations.
11.2 The platform reserves the right to modify the rules; updates will be announced via the website or App.