Trading bonuses for USDT-M Positions in Multi-Asset Mode

[Estimated reading time: 3 mins]

Multi-asset mode supports trading bonuses, allowing users to continue using their trading bonuses normally when switching from single-asset mode to multi-asset mode. The following rules apply:

1. Logic for using trading bonuses to offset losses

• Before adjustment: USDT equity at the time of closing positions < initial USDT balance + total USDT deposits + remaining trading bonuses

• After adjustment: USDT equity at the time of closing positions < initial USDT balance + total USDT deposits + remaining trading bonuses + amount in USDT

Definitions:

• Initial USDT balance: Net USDT assets at the time the trading bonus is credited.

• Amount in USDT: The value of non-USDT margin coins converted to USDT in multi-asset mode.

2. Transferring out margin coins

Transferring out any supported margin coins will invalidate the trading bonus.

3. Changes to initial equity

When USDT is transferred in, or assets are converted within USDT-M multi-asset mode, the initial equity will change accordingly:

Initial equity = initial USDT balance + total USDT deposits + remaining trading bonuses + amount in USDT

FAQs

1. Does USDT-M multi-asset mode support trading bonuses?

Yes. USDT-M multi-asset mode supports trading bonuses, allowing users to continue using their trading bonuses normally when switching from single-asset mode to multi-asset mode, as long as all related rules are met.

2. How are trading bonuses applied to offset losses in multi-asset mode?

Trading bonuses are used to offset losses when the USDT equity at the time of closing positions is lower than the calculated initial equity. In multi-asset mode, this calculation includes the USDT value of non-USDT margin coins in addition to USDT assets and trading bonuses.

3. What does “initial USDT balance” mean in the trading bonus calculation?

Initial USDT balance refers to the net USDT assets in the account at the time the trading bonus is credited. This value is used as part of the initial equity calculation.

4. What happens to the trading bonus if margin coins are transferred out?

If any supported margin coin is transferred out of the account, the trading bonus will become invalid and can no longer be used.

Disclaimer and Risk Warning

All trading tutorials provided by Bitget are for educational purposes only and should not be considered financial advice. The strategies and examples shared are for illustrative purposes and may not reflect actual market conditions. Cryptocurrency trading involves significant risks, including the potential loss of your funds. Past performance does not guarantee future results. Always conduct thorough research and understand the risks involved. Bitget is not responsible for any trading decisions made by users.