Futures Trading & Margin Trading
A New Round of Futures Tryout Bonus Event - Share 65,000 USDTR
Publish on 2020-04-21
Dear BitMax.io Users,
BitMax.io will launch a new round of Futures Tryout Bonus event with a total of 65,000 USDT-equivalent tryout bonuses (65,000 USDTR). Each user account will be eligible for up to 120 USDT-equivalent tryout bonuses (120 USDTR). Details are as follows:
The event will run from April 20th, 10:00 p.m. EDT to April 29th, 10:00 p.m. EDT.
During the event, each BitMax.io user who meets the requirements for sign-up, deposit, and trading will have a chance to receive up to 120 USDT-equivalent Futures Tryout (USDTR, see definition as below) per the following schedule:
|Sign-up||New users who sign up during the event, complete KYC 2 verification and open a futuers account.||10 USDTR||First 1,000 Users|
|Deposit||Cumulative Net Deposit to Futures Wallet (Deposit - Withdrawal) ≥ 2,000 USDT||20 USDT||First 500 Users|
|Trading||Total Futures Trading Volume ≥ 150,000 USDT||Initial 40 USDTR||First 500 Users|
|Total Futures Trading Volume ≥ 350,000 USDT||Additional 50 USDTR||First 500 Users|
Terms & Conditions:
- Only new users who register during the event will be eligible to receive a tryout bonus for sign-up.
- All users, including both existing or new users, who meet respective requirements during the event will be eligible to receive tryout bonus for deposits and trading.
- Users who meet the net deposit requirement will only be eligible for the tryout bonus if the user maintains the deposit level above the requirement until settlement that day.
- There will be a total of 90 USDTR tryout bonuses for trading (initial 40 USDTR plus an additional 50 USDTR) per user account.
- The tryout bonus will be distributed on a first-come-first-serve basis.
- The tryout bonus will be valid until May 15th, 12:00 p.m. EDT. Unused USDTR tryout bonus will expire and be removed from the user’s account.
Distribution Rules for Tryout Bonus
During the event, it is counted as one day from 0:00 UTC to 24:00 UTC (8:00 p.m. EDT to 8:00 p.m. EDT the next day). The tryout bonus will be settled at 24:00 UTC (8:00 p.m. EDT the next day). Bonus will be distributed within 8 hours after the settlement.
What is a Tryout Bonus?
BitMax.io’s Futures Tryout Bonus USDTR (equivalent to USDT in value) refers to the virtual assets offered by BitMax.io to users to trade futures contract on the platform, not real digital assets. Please note that Futures Tryout Bonus CANNOT be withdrawn or transferred out.
USDTR tryout bonus can be used as collateral, to pay for trading fees, or for funding payment for futures trading. Profits accrued from the USDTR tryout bonus will be automatically converted to USDT and CAN be withdrawn; losses incurred will be covered with the remaining USDTR tryout bonus until it's depleted. When used as collateral, USDTR tryout bonus is applied the same reference price and discount factor as USDT.
BitMax.io reserves the final right to interpret and adjust these Terms and Conditions. For any abusive or suspicious activity detected, BitMax.io will take action and disqualify the user from the event.
We truly appreciate your continued support.
April 20th, 2020
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