Differences Between Each Reward Type on BYDFi
At BYDFi, users can earn various rewards through our platform events, promotions, and the Rewards Hub. Each reward type serves a different purpose and applies to specific products. Below is an overview and comparison to help you better understand how each reward can be used.
1. Bonus
Applicable Products: USDⓈ-M Futures
Usage:
- Used to offset part of the margin and trading fees.
Limitations:
- Cannot be used alone to open positions.
- Cannot be used to cover funding fees or liquidation fees.
Withdrawable:
- The bonus itself is non-withdrawable.
- However, profits generated from using the bonus can be withdrawn.
2. Coupon
Applicable Products: USDⓈ-M Futures
Usage:
- Used exclusively to offset trading fees.
Limitations:
- Cannot be used alone and cannot serve as margin.
Withdrawable:
- Non-withdrawable.
3. Cash Voucher
Applicable Products: All products
Usage:
- Can be used for trading or withdrawn directly as cash.
Limitations:
- No usage limitations.
Withdrawable:
- Fully withdrawable.
4. Trading Voucher
Applicable Products: USDⓈ-M Futures
Usage:
- Rewards users when the bound position meets the profit requirement.
Limitations:
- Cannot offset margin or trading fees.
- Bound position size must be greater than the voucher amount.
- Only applicable to new positions bound with the voucher.
Withdrawable:
- Withdrawable once the required profit criteria are met.
5. Copy Loss Protection Voucher
Applicable Products: Copy Trading
Usage:
- Covers the first copy trading loss within the specified conditions.
Limitations:
- Maximum loss coverage equals the value of the voucher.
- Only supports Smart Copy Trading.
- Only applies to the first new position after the voucher is claimed.
Withdrawable:
- Non-withdrawable.
Reward Comparison Overview
| Reward Type | Applicable Products | Usage | Limitations | Withdrawable |
|---|---|---|---|---|
| Bonus | USDⓈ-M Futures | Offset part of margin & trading fees | Cannot be used alone; cannot cover funding & liquidation fees | Bonus non-withdrawable; profits withdrawable |
| Coupon | USDⓈ-M Futures | Offset trading fees | Cannot be used alone | Non-withdrawable |
| Cash Voucher | All | Trading or direct withdrawal | None | Withdrawable |
| Trading Voucher | USDⓈ-M Futures | Reward issued when bound position meets profit target | Cannot offset margin/fees; position size must exceed voucher value | Withdrawable upon meeting profit criteria |
| Copy Loss Protection Voucher | Copy Trading | Covers first copy trade loss | Limited to voucher amount; Smart Copy only | Non-withdrawable |
How to Check Your Rewards
You can view your rewards under My Rewards within the BYDFi App or Web:
- Available – Rewards you can use now
- Used – Rewards already applied
- Expired – Rewards that are no longer valid