Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Trading bonuses for USDT-M positions in multi-asset mode

Bitget Announcement2024/09/05 06:20
By:Bitget Announcement

Multi-asset mode has been adjusted to support trading bonuses, ensuring that users can continue to use their trading bonuses normally when switching from single-asset mode to multi-asset mode. The following adjustments have been made: 1. Logic for using trading bonuses to offset losses Before the a

Multi-asset mode has been adjusted to support trading bonuses, ensuring that users can continue to use their trading bonuses normally when switching from single-asset mode to multi-asset mode. The following adjustments have been made:

 

1. Logic for using trading bonuses to offset losses

Before the adjustment: USDT equity at the time of closing positions < initial USDT balance + total USDT deposits + remaining trading bonuses

After the adjustment: USDT equity at the time of closing positions < initial USDT balance + total USDT deposits + remaining trading bonuses + amount in USDT

Initial USDT balance: Net assets in USDT at the time the trading bonuses are credited.

Amount in USDT: Amount of non-USDT margin coins converted to USDT in the multi-assets mode.

 

2. Transferring out any supported margin coins will invalidate the trading bonus.

 

3. Transferring in USDT or converting assets within the USDT-M multi-assets mode will change the initial equity.

Initial equity = initial USDT balance + total USDT deposits + remaining trading bonuses + amount in USDT

 

Join Bitget, the World's Leading Crypto Exchange and Web 3 Company

Sign up on Bitget now >>>

Follow us on Twitter >>>

Join our Community >>>

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

Critical FED Interest Rate Decision Expected in Bitcoin Today! What Time Will It Be Announced? Here Are the Expectations and Things to Know!

While the FED's interest rate decision is awaited in Bitcoin today, it remains unclear whether the FED will reduce interest rates by 25 basis points or 50 basis points.

Bitcoinsistemi2024/09/18 20:06

Last Minute Interest Rate Announcement from BofA and Two Companies – Here is the Decision They Expected Just Ahead

Analysts from BofA and two other firms shared their latest expectations for the Fed's interest rate decision, which is now just minutes away.

Bitcoinsistemi2024/09/18 20:03