What is Futures Trial Voucher?
Futures Trial Vouchers can be used for futures trading but must be used in Trial Voucher mode.
Trial Vouchers are currently only supported in the USDT perpetual contract market and can be used as margin to open positions, offset funding fees, and trading fees.
Trial Vouchers cannot be withdrawn. Losses incurred from trading do not need to be borne by the user. If there are trading profits, they will be automatically transferred to the user's futures/unified account after the position is closed.
Redemption Notes
- Trial Vouchers must be redeemed and used before the specified expiration date. They will become invalid after expiration.
- Each Trial Voucher has a specified validity period, starting from the deposit time. After the validity period ends, the system will immediately reclaim the voucher and close any remaining positions at market price. If there are profits after closing, they will be transferred to your futures/unified account in one go.
- Only one Trial Voucher can be redeemed at a time. Multiple vouchers cannot be stacked. If you have multiple vouchers, you can redeem another one after the funds are depleted or the validity period ends.
- Trial Voucher funds are independent of the user's personal funds. Before using a Trial Voucher, you must switch to Trial Voucher trading mode.
- The markets and maximum leverage supported by Trial Vouchers are subject to the information on the trading page. Kai Exchange may adjust these based on market conditions without prior notice.
- Once a Trial Voucher expires, is destroyed, or is reclaimed, it cannot be refunded. Please pay attention to the voucher's validity period.
- Trial Voucher accounts do not support transfers and can only be used in specific markets under USDT perpetual contracts. They cannot be used for other quantitative copy trading services.
Checking Trial Voucher Assets Web: Switch to Trial Voucher trading mode to view the current Trial Voucher assets, available balance, and unrealized profits in the assets section.
Checking Profit Transfers When the Trial Voucher's validity period ends, the system will close all positions at market price. After deducting fees, if the account balance exceeds the face value of the Trial Voucher, the surplus will be transferred to your futures/unified account and recorded as [Trial Voucher Surplus Deduction] in the bill.
Trial Voucher Invalidation Scenarios
Possible Reasons for Failed Voucher Deposit
- The Trial Voucher account still has a balance, and stacking deposits is not allowed.
- The Trial Voucher account balance is 0, but the validity period has not ended . There are still open positions, making further deposits impossible.
- The Trial Voucher funds are depleted, the countdown has ended, but there are still positions being liquidated.
Possible Reasons for Voucher Invalidation After Deposit
- The voucher was not redeemed before the specified expiration date and has expired.
- The Trial Voucher's validity period ended after deposit, and the funds were reclaimed.
- The user manually destroyed the Trial Voucher.
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