Rules and FAQs for the Contract Bonus Coupon

1. What is the contract bonus coupon?

The contract bonus coupon gives the new user a chance to experience Tapbit’s derivatives products in real trading without taking any risks.

Once the contract bonus coupon has been received, the bonus will be added to your derivatives account, where you can use it for perpetual contract transactions.

Transfers are not permitted, but profits can be withdrawn once meet the profit requirement. In contract trading, the bonus can be used as a trading margin, as well as loss deduction, pay transaction fee and funding rate. When the corresponding expenses need to be deducted, the contract bonus coupon will be deducted before your own assets.

 

Note: The validity periods of contract bonus coupon varies, and which is decided by the relevant events. It should be redeemed and used as soon as possible once you receive it.

 

2. Rules for the Contract Bonus Coupon

• The bonus is valid for 7 days, which can be used for opening positions, paying fees and offsetting position losses and funding rates.
• Users can withdraw both bonuses and profits if the yield rate reaches 300% within 7 days. 
• The bonus will be invalid if you open a position within 7 days, but the profit has not reached 300%. Your position will also be liquidated, and any profit will be reclaimed.

 

3. FAQs for the contract bonus coupon

Q1: What is the contract bonus coupon?

A: The contract bonus coupon is only used for contract transactions. It cannot be transferred or withdrawn. In contract trading, the bonus can be used as margins, as well as losses deduction, paying transaction fees and funding rates.

 

Q2: How to get the contract bonus coupon?

 A: Tapbit will occasionally issue contract bonus coupons, you can follow Tapbit’s official social media, announcements, emails, and InMail for more information.

 

Q3：How to receive the contract bonus coupon?

A: 1.Web

     After logging into the official website: https://www.tapbit.com/ You can click on the “Personal Center” > “Coupon Center” to view details. 

     2.App

     After logging into your Tapbit account, You can click on “Home” > “Coupons”to check the contract bonus coupon. Click “Use” and the contract bonus coupon will be automatically issued to your derivatives account, no further actions are required.

 

Q4: Why can’t claim the contract bonus coupon?

    A:  1.The campaign ends: the time limit to claim the bonus is related to the campaign.

         2.There is a contract bonus coupon that is used in contract trading. A contract bonus coupon can only be used once at a time: You can claim a new one once the original one is completely used up. 

         3.If there is a position in your account, users cannot claim a contract bonus coupon.

 

Q5：Is there a time limit on the use of the contract bonus coupon? 

 A: The bonus is valid for 7 days, once you receive it, please use it as soon as possible. When the bonus expires, we will reclaim it.

 

Q6：Where can I use the contract bonus coupon?

  A: The bonus is available to all contract pairs on Tapbit. For more information, please refer to the “Rules for the Contract Bonus Coupon”.

 

Q7: If the account originally has assets, how can I determine whether my order has used the Contract bonus coupon? 

  A:If your derivatives account currently has a bonus, the current available balance will include the bonus, and the bonus will be used preferentially by default when opening a position.

For example:  The derivatives account contains 110 USDT, of which 10 USDT is the bonus. For position margins of 30 USDT, the system will deduct 10 USDT of bonus at first, plus 20 USDT from the derivatives account balance.

 

Q8：Who can get the profits generated by the contract bonus coupon?

  A：If the profits generated by the bonus within 7 days are more than or equal to 300%, the user can get both the bonus and the profits. If there is a loss, the balance of the bonus will be deducted up to the full amount.

 

Q9: How can I withdraw the contract bonus coupon?

  A: After your profits reach 300% within 7 days, the bonus can be withdrawn. For more information, please check “Rules for the Contract Bonus Coupon”.

For example: A user receives 100 USDT bonus, the user’s profits from contract trading within 7 days are more than or equal to 300 USDT, the bonus and profits will belong to the user.

If the user’s contract profits are less than 300 USDT within 7 days. The bonus and profits generated by it will expire and be reclaimed by the system. 

 

Q10: Why can’t I withdraw profits even though I have reached 300% within 7days?

  A: There could be a delay in the profit collection system, and you can check later. If it can not transfer or withdraw for a long time, please submit a request order and contact Customer service for help. 

 

Q11: What is the reason for the unavailability of the contract bonus coupon I received?

    A: 

1. It has not been completely used within the valid period, and automatically reclaimed by the system.
2. Your bonus has been fully deducted. 

 

4. Disclaimer

Tapbit reserves the right to disqualify users who profit from malicious conduct, including opening multiple accounts for bonus credits and other conduct involving illegal, fraudulent, or harmful effects.

 

Tapbit Team