Dear Users,

To enhance fairness in event statistics, Perpetual Futures trading volume using Trial Funds will no longer be counted toward event reward calculations from 2024-11-26 (UTC+8) onwards. Please stay informed on this rule adjustment and its potential impact. Details are as follows.

 

- If a user has sufficient funds, Trial Funds cannot be used to offset trading fees. In this case, the full trading volume is included in the event reward calculations.

- If a user has insufficient funds, Trial Funds can be used to offset trading fees. In this case, the portion of trading volume corresponding to trading fees offset with Trial Funds will not count toward the event reward calculations.

For example:

 

Scenario 1: User has sufficient funds, and trading fees are paid with user's own fund

User B uses 10 USDT and 90 USDT Trial Fund to open a position with 50x leverage. A trading fee of 2.5 USDT was generated.

The 2.5 USDT trading fee is deducted from the user's funds. Following the adjustment, the full trading volume will be included in the event reward calculations.

Trading volume included in the event statistics = (10 + 90) * 50 = 5,000 USDT

 

 

 

Scenario 2: User has insufficient funds, and a portion of trading fees were offset using Trial Funds

User A uses 10 USDT and 990 USDT Trial Fund to open a position with 50x leverage. A trading fee of 25 USDT was generated.

10 USDT of the trading fee is deducted from User A's funds, while 15 USDT of the trading fee is offset by Trial Funds. Following the adjustment, event reward calculations will exclude the portion of trading volume corresponding to trading fees offset by Trial Funds.

 

Trading volume counted for event pre-adjustment: (10 + 990) * 50 = 50,000 USDT

Trading volume counted for event post-adjustment: 50,000 - (15 ÷ 25 * 50,000) = 20,000 USDT

 

Thank you for your understanding and support!

 

BingX Operation Team

 

 

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