Scope of application This document applies to the Futures Trial Funds, Futures Discount Coupons, and related voucher benefits issued by the BitTap platform. It is intended to help users understand how vouchers are used, the deduction rules, validity periods, and risk control requirements. Trial-fund benefits may be used to offset trading fees, funding fees, closing losses, and forced-liquidation fees, and must be used and managed within the Futures account in accordance with platform rules.
What are Futures Trial Funds Futures Trial Funds are experience-based vouchers issued by the platform to help users experience Futures trading at no cost. Trial Funds will be credited to the voucher center on the website and app. After claiming them, users must recharge them into the Futures account for use according to the rules. Some Trial Funds will determine the rechargeable amount based on the account’s actual funds. Trial Funds themselves are non-withdrawable, and Trial Funds with different deduction ratios cannot be used at the same time.
Futures Trial Funds usage and deduction rules When a user’s Futures trading generates funding fees, trading fees, closing losses, or forced-liquidation fees, Trial Funds will be used first to offset these amounts according to the preset ratio until the balance is insufficient. Trial Funds may be used as opening margin, but they cannot be used alone as margin to open a position; they must be used together with real funds. If the account’s cross-margin ratio falls below the platform threshold after Trial Funds are excluded, the platform may reclaim the Trial Funds and the position risk may be affected.
Futures Discount Coupon usage rules Futures Discount Coupons are used to offset or rebate Futures trading fees. The specific discount rate, applicable trading pairs, usage period, and stacking rules shall be subject to the coupon terms or the event page. Discount Coupons only affect fee settlement and do not serve as margin or participate in position calculations.
If you first generate profit and then incur losses after receiving Trial Funds, accumulated profit must first cover the losses, and only the remaining loss will trigger Trial Fund deduction. For example: if you first gain 10 U and then lose 15 U, only 5 U of the loss will be borne by the Trial Funds.
Important rebate note Orders that use Futures Trial Funds for deduction will not be eligible for rebates during the deduction period and within the scope of the corresponding orders. Please refer to the coupon terms and the event page for specific rules.
Example explanation of trading profit deduction rules
Profit item
Explanation
Initial principal (U)
30
Initial Trial Funds (U)
20
Opening a position
Use 50 USDT (30 principal + 20 Trial Funds) as margin to open a position worth 1,000 USDT with 20x leverage
Closing a position
BTC price rises, and after closing the position the user earns 20 USDT profit
Settlement result
Principal: 30 USDT remains unchanged; Trial Funds: 20 USDT remains unchanged and cannot be withdrawn; Profit: 20 USDT is fully attributed to the user’s principal account and can be withdrawn
Conclusion
Final account assets are 50 USDT (principal + profit) + 20 USDT Trial Funds
Rule description
Trial Funds do not participate in profit distribution; all profit is fully attributed to the principal account. The original value of the Trial Funds is retained and may continue to be used for subsequent trading-related deductions. Orders that use Futures Trial Funds or fee discount coupons for deduction will not be eligible for rebates
Example explanation of loss deduction rules (maximum deduction ratio: 50%)
Loss item
Normal loss scenario
Liquidation (entire total funds lost) scenario
Extreme wick spike (loss beyond total funds) scenario
Initial principal (U)
20
20
20
Initial Trial Funds (U)
20
20
20
Total opening funds (U)
20 + 20 = 40
20 + 20 = 40 (entire total funds lost)
20 + 20 = 40
Total loss (U)
10
40
50 (example: 10 beyond total funds)
Loss borne by Trial Funds formula (U)
10 × 50%
40 × 50%
min(50 × 50%, 20)
Loss borne by Trial Funds result (U)
5
20
20
Actual loss borne by principal formula (U)
Total loss - Loss borne by Trial Funds = 10 - 5
Total loss - Loss borne by Trial Funds = 40 - 20
Total loss - Loss borne by Trial Funds = 50 - 20
Loss borne by principal result (U)
5
20 (principal fully lost)
20 (principal fully lost)
Final remaining principal (U)
20 - 5 = 15
20 - 20 = 0
20 - 20 = 0
Final remaining Trial Funds (U)
20 - 5 = 15
20 - 20 = 0
20 - 20 = 0
Excess loss (U)
0
0
10 (the excess portion is handled according to the platform’s risk-control and matching rules)
Risk control and violation handling The platform will identify and handle abnormal behaviors such as multi-account arbitrage, wash trading, bulk registrations, fake identity verification, and repeated claims using system loopholes. Once confirmed, the platform may revoke eligibility, reclaim vouchers, restrict functions, freeze, or ban accounts. If users have objections to a risk-control determination, they may file an appeal through customer support channels.
Final interpretation rights This document is a supplementary explanation of the platform’s voucher rules. Matters not covered herein shall be subject to the coupon terms, event page explanation, and the platform’s official announcements. BitTap reserves the right to adjust the rules and retain final interpretation rights within the scope permitted by law.
