1. What is the Futures trial fund?
The Futures trial fund aims to encourage new users to try out Poloniex's Futures product free of risk in the real trading environment.
After you redeem and activate your trial fund coupon, the trial fund will be sent to your Futures account which can then be used to trade Futures. The trial fund cannot be transferred or withdrawn but earnings can be withdrawn. While trading Futures, the trial fund can be used as a trading margin or used to offset account losses, pay handling fees, and funding rates. When paying related fees, the trial fund will be deducted first until it runs out.
Note: The valid period of a trial fund is subject to and varies from one use case to another. Please redeem, activate or use your trial fund as soon as possible after receiving one.
2. How can I view the trial fund that I have claimed?
Upon activation, the trial fund will be automatically sent to your Futures account, where the corresponding amount will be added up to your account balance. You may view the trial fund in "Explore > Reward Center" or Here
3. Is the trial fund withdrawable?
The trial fund can be used to trade Futures, but it cannot be transferred or withdrawn. However, you may withdraw any earnings.
For example: User A has redeemed a 10-USDT trial fund, so the initial balance of his/her Futures account is 10 USDT.
- When User A earns 20 USDT from his/her first Futures trade, then the account balance will be 30 USDT, among which 20 USDT can be transferred or withdrawn.
If User A chooses to continue trading rather than transfer the earnings:
- When User A loses 5 USDT from his/her second Futures trade, then the account balance will be 25 USDT, among which 20 USDT can be transferred or withdrawn, and a portion of the trial fund has been used to offset the loss.
If User A chooses to continue trading rather than transfer the earnings:
- When User A loses 5 USDT from his/her third Futures trade, then the account balance will be 20 USDT, which can be transferred or withdrawn, while the trial fund will be all used to offset the loss.
The above case only exemplifies how the trial fund is used to offset account losses. It does not take into account the offset of handling fees or funding rates.
4. Is there an expiration date for the trial fund?
Both the trial fund coupon and trial fund have expiration dates. After activating and claiming your trial fund, please be sure to use it up before the expiration date. Our system will recycle expired trial fund.
Notes:
1) To obtain your trial fund, please sign up on Poloniex first and enable Futures trading.
2) If you have a trial fund in the balance of your Futures account, it will count towards your available balance.
3) The rules of the promotion shall be subject to Poloniex’s interpretations and decisions, which shall be final. Poloniex reserves the right to modify the rules or rewards of this Futures Trial Fund from time to time without further notice.
4) Poloniex reserves the right to disqualify any user who is known or suspected to be cheating or violating any rules and regulations set by Poloniex from claiming or using the Futures trial fund. Any accounts found with malicious attempts to cash out the Futures trial fund may be banned.
Risk warning: Futures contract is an innovative financial product that involves high risk and requires extensive knowledge. Please take caution when making trading decisions. Thank you for supporting Poloniex!