Hotcoin currently offers the following eight types of coupons, mainly used in Futures trading and Earn scenarios:
Each coupon type has different applicable scopes and usage rules. Please read the relevant instructions carefully before use.
I. Futures Trial Fund
1. Product Description
The Futures Trial Fund is a trial fund provided by the platform for use in live Futures trading. When trading with a Futures Trial Fund, the platform covers losses, and the user keeps any profits. However, the bonus principal itself is not withdrawable.
There are two types of Futures Trial Fund:
- General-use Futures Trial Fund
- Restricted Futures Trial Fund
2. Usage Frequency Rules
- Each Futures Trial Fund can be used only once
- Once an order is executed and a position is created, the fund is considered used
- If an order is partially filled and then canceled, it is still regarded as used
3. Applicable Scope
- A Restricted Futures Trial Fund can be used only for designated trading pairs (currently U-margined only) and specified leverage, and must be used in Cross Margin mode
- A General-use Futures Trial Fund can be used for all trading pairs and all leverage levels, and supports both perpetual Futures and delivery Futures
4. Order Types and Validity
- All order types are supported
- If limit orders, trigger orders, or Maker-only orders placed using the Futures Trial Fund are not filled before the fund expires, the system automatically cancels the orders and marks the fund as expired
5. Order Cancellation
- If an order is not filled within the validity period and the user cancels it manually, the fund is considered unused and can be used again
6. Position Restrictions
- Futures Trial Fund positions are completely independent from real-fund positions
- Reverse positions and position increases are not supported
- Futures Trial Fund positions cannot be closed manually in the trading interface
7. Profit Settlement
Profits generated after closing a Futures Trial Fund position are automatically transferred to the user’s real Futures account
8. Discounts
Orders placed using the Futures Trial Fund are not eligible for fee discounts
II. Futures Fee Discount Coupon
1. Product Description
The Futures Fee Discount Coupon is used to deduct part or all of the trading fees incurred when opening a Futures position.
Types include:
- Fixed-Amount Fee Discount Coupon
- Percentage-Based Fee Discount Coupon
2. Applicable Products
- Only U-margined Futures are supported
- Orders using Futures Trial Funds are not supported
3. Usage Frequency Rules
- Each Futures Fee Discount Coupon can be used only once
- Once an order is executed and a position is created, the coupon is considered used, even if the order is partially filled and then canceled
4. Usage Conditions
- Futures Fee Discount Coupons apply only to opening orders
- Only one Futures Fee Discount Coupon may be used per order
5. Deduction Methods
a. Fixed-Amount Fee Discount Coupon
- The deductible amount is capped at the face value of the coupon
- Any unused deductible amount will not be refunded
b. Percentage-Based Fee Discount Coupon
- Fees are deducted based on a percentage of the actual trading fees incurred
- There is no upper limit on the deductible amount
6. Fee and Rebate Calculation
- Fee discounts and rebates are calculated based on the actual fees charged
7. Unsupported Scenarios
- Futures Fee Discount Coupons cannot be used in lead trading or one-way position mode
III. Futures Bonus
1. Product Description
The Futures Bonus is a real-fund reward provided by Hotcoin for live Futures trading.
2. Usage Method
- The Futures Bonus can be used together with real funds and is prioritized over real funds
- Once enabled, the Futures Bonus cannot be turned off
3. Applicable Scenarios
The Futures Bonus can be used for:
- Margin
- Funding fees
- Trading fees (opening and closing)
- Copy trading and lead trading
It supports Cross Margin and Isolated Margin, hedge and one-way position modes, and all order types. The bonus can be reused repeatedly until it is fully consumed or reclaimed by risk control.
4. Usage Restrictions
- Within the same order, the Futures Bonus cannot be used together with a Futures Fee Discount Coupon or a Futures Trial Fund
5. Reclaim Rules
- The corresponding margin will be reclaimed after the position is closed
- The bonus will be reclaimed after related orders are canceled
6. Unsupported Scenarios
- Copy trading profit sharing
- Isolated margin positions opened without using the Futures Bonus
7. Assets and Records
- The Futures Bonus will be credited to the corresponding Futures account
- Usage details can be viewed in the asset overview and financial logs
8. Rebates
Orders placed using a Futures Bonus are not eligible for any form of fee discounts or returns
IV. Futures Opening Bonus
1. Product Description
The Futures Opening Bonus can only be used to open Futures positions, enabling users to open larger positions with less margin.
2. Usage
- Futures Opening Bonuses are issued as bonuses and cannot be transferred.
- The bonus can be reused, and real-fund rewards may be granted once the applicable requirements have been met.
3. Supported Products
- Only U-margined perpetual Futures are supported
- Trigger orders, trailing orders, and one-way position mode are not supported
- Copy trading is not supported, while lead trading is supported
4. Usage Restrictions
- The bonus cannot be used together with a Futures Trial Fund or a Futures Fee Discount Coupon within the same order
- The bonus can be used together with a Futures Bonus. The usage order is: Futures Bonus → Real Funds → Futures Opening Bonus
- The bonus can be used only in Futures accounts
5. Position Ratio Limit
- A Futures Opening Bonus cannot be used on its own to open a position
- When using the bonus, its value must not exceed the maximum ratio of the total position value specified for the bonus
6. Expiration and Reclaim Rules
After a Futures Opening Bonus expires, the platform will automatically reclaim:
- The expired bonus
- Any unfilled orders associated with the bonus
- Any open positions associated with the bonus value will be closed and reclaimed automatically
V. Earn Trial Funds (USDTEST)
1. Product Description
Earn Trial Funds (USDTEST) are trial funds provided by Hotcoin for participation in fixed-term Earn products, exclusive to new users.
2. Usage Method
- Users can earn USDT returns at zero cost
- Deposits, withdrawals, and trading are not supported
3. Usage Rules
- After successful participation, interest will be calculated and distributed automatically
- Upon maturity, users will receive USDT interest rewards
- Each Earn Trial Fund can be used only once
4. Validity Period
- Users must click “Participate Now” within the validity period to earn returns
- If unused after expiration, the Earn Trial Fund will become invalid
5. Validity Example
If 1,000 USDTTEST is credited on July 1 with a validity period of 7 days, participation must be completed by July 7
VI. Futures Margin Bonus
1. Product Description
The Futures Margin Bonus is real trading capital that can only be used for live USDT perpetual futures trading and may be used to offset losses.
2. How to Claim
To claim a Futures Margin Bonus, users must hold the required amount of their own funds in their Futures account.
3. Usage Restrictions
- A Futures Margin Bonus must be used together with the user's own funds in the required proportion and cannot be used on its own to open a position.
- A Futures Margin Bonus may be used to offset losses. When calculating the liquidation price in Cross Margin mode, the Futures Margin Bonus will be included. Trading fees, funding fees, and order losses will be deducted from the user's own funds first, and the Futures Margin Bonus will only be used after the user's own funds have been fully depleted.
- Profits generated from the portion of the position funded by the Futures Margin Bonus are subject to a management fee at the rate configured by the platform. The remaining amount will be the user's actual profit.
- If any portion of the Futures Margin Bonus has been used to offset losses, future profits generated from the portion of the position funded by the same bonus will first be used to replenish the deducted amount after the applicable management fee is charged. Only the remaining profit after the deducted amount has been fully replenished will belong to the user.
- A Futures Margin Bonus cannot be used together with a Futures Bonus or Futures Opening Bonus. Futures Fee Discount Coupons may still be used.
- When claiming a Futures Margin Bonus, the account must not contain any active Futures Bonus or Futures Opening Bonus.
- Only one Futures Margin Bonus may be held at a time.
- A Futures Margin Bonus cannot be used for copy trading in a Copy Trading Account or for grid trading. It may be used for lead trading and copy trading in a Futures Account.
4. Validity and Expiration
- A Futures Margin Bonus may be reused before it becomes invalid until it is fully depleted.
- A Futures Margin Bonus may become invalid due to expiration, asset transfers, or risk-control measures.
- When the bonus becomes invalid, any unused portion remaining in the account will be reclaimed immediately.
- Any portion currently allocated to open positions or pending orders may continue to be used and will not be affected by expiration.
- Once the related position is closed or the pending order is canceled, the corresponding Futures Margin Bonus will be reclaimed immediately.
- In Cross Margin mode, the system will first check whether reclaiming the unused portion would trigger liquidation of existing positions. If liquidation may occur, the bonus will not be reclaimed until it can be safely reclaimed without triggering liquidation.
VII. Futures Trading Fund
1. Product Description
The Futures Trading Fund is a manageable coupon that can be used multiple times within its validity period.
2. Usage
Only one Futures Trading Fund can be activated at a time.
3. Usage Restrictions
The Futures Trading Fund cannot be used together with real funds or other rewards.
4. Profit Sharing and Rebates
- Profit sharing is supported, and real profits will be distributed proportionally.
- Orders using the Futures Trading Fund are not eligible for any form of trading fee rebates or self-rebates.
VIII. Futures Loss Deduction Voucher
1. Product Description
The Futures Loss Deduction Voucher is real trading capital that can only be used for live USDT perpetual futures trading.
Only part of the voucher's face value may be used to offset losses based on the configured proportion, while the full voucher value may be used to open positions.
2. Usage
- The Futures Loss Deduction Voucher must be used together with the user's own funds in the required proportion and cannot be used on its own to open a position.
- The voucher may be used to offset losses. When calculating the liquidation price in Cross Margin mode, the deductible portion of the voucher will be included. Trading fees, funding fees, and order losses will be deducted from the user's own funds first, and the deductible portion of the voucher will only be used after the user's own funds have been fully depleted.
- All profits generated using the Futures Loss Deduction Voucher belong to the user.
- Once the losses offset by the voucher reach the maximum deductible amount, the voucher will be reclaimed.
- The Futures Loss Deduction Voucher cannot be used together with a Futures Bonus, Futures Opening Bonus, or Futures Margin Bonus. Futures Fee Discount Coupons may still be used.
- When claiming a Futures Loss Deduction Voucher, the account must not contain any active Futures Bonus, Futures Opening Bonus, or Futures Margin Bonus.
- Only one Futures Loss Deduction Voucher may be held at a time.
- The Futures Loss Deduction Voucher cannot be used for copy trading in a Copy Trading Account or for grid trading. It may be used for lead trading and copy trading in a Futures Account.
3. Validity and Expiration
- The Futures Loss Deduction Voucher may be reused before it becomes invalid until the deductible portion is fully depleted.
- The voucher may become invalid due to expiration, asset transfers, risk-control measures, or depletion of the deductible amount.
- When the voucher becomes invalid, any unused portion remaining in the account will be reclaimed immediately.
- Any portion currently allocated to open positions or pending orders may continue to be used and will not be affected by expiration.
- Once the related position is closed or the pending order is canceled, the corresponding voucher amount will be reclaimed immediately.
- In Cross Margin mode, the system will first check whether reclaiming the unused portion would trigger liquidation of existing positions. If liquidation may occur, the unused portion will not be reclaimed until it can be safely reclaimed without triggering liquidation.
IX. Ways to Obtain Coupons
Coupons may currently be obtained through:
- Rewards Center tasks
- Limited-time campaign rewards
