1.What is a Loss Coverage Vouchers?

With the increasingly close connection between cryptocurrency and the real society, more and more users are beginning to convert to cryptocurrency investors. However, due to the complex information and high volatility of the cryptocurrency market, users often have psychological burdens when trading.

Therefore, Bitmart platform has introduced "Loss Coverage Vouchers" for its users: they will only be consumed when trading losses occur. This tool can enhance users' trading confidence.

 

2.How to use the Loss Coverage Vouchers?

1）Check the Loss Coverage Vouchers

When you get a Loss Coverage Voucher through any type of activity on the platform, you can check it in the "Coupon Center".

2）Use the required coupon

After receiving the coupon, the user can enter the contract page and operate the order position squaring. The system will automatically apply it based on the coupon arrival time, position squaring time, and order profit and loss status. The first eligible position squaring will consume the earliest obtained coupon. The position squaring time must be later than the coupon arrival time, and the order must be a contract order with a loss amount greater than 1 USDT.

 

3.Notes

1）Loss Coverage Vouchers are only applicable to main site contract orders and are non-withdrawable. They cannot be used with copy trading, grid trading, sub-accounts, institutional accounts, Futures Trading Bonus orders, Futures Trading Fee Voucher orders, or Futures Voucher orders.

2）After applying a Loss Coverage Voucher to an contract order, the corresponding compensation amount will be credited the following day (UTC time). Please wait patiently.

3）Contract order Fees: Transaction fees will be deducted as usual. Compensation only applies to trading losses.

4）Cashback USDT will be transferred directly from the campaign account to the user‘s spot account.

5）The remaining cashback amount will be displayed in real time while the voucher is active. Once fully consumed, the voucher will not be available in the voucher center.

6）Some Loss Coverage Vouchers may have a closing amount threshold for contract orders. Please check the threshold information on the voucher page before closing a position.

 

4.Disclaimer

1）You cannot obtain the Loss Coverage Vouchers through any illegal means recognized by this platform. If our system detects any cheating behavior, your account will be disabled.

2）For matters not mentioned above, BitMart reserves the right of final interpretation of these terms and conditions, including but not limited to modifications, changes or cancellations of activities, without prior notice.