Futures Trading Carnival: All Users Enjoy 100 USDT Liquidation Insurance!

All Users Enjoy 100 USDT Liquidation Insurance on Bitrue! Event Period: 10:00 UTC, Aug 6 – 10:00 UTC, Aug 20, 2024

Event 1: Liquidation Insurance for All Futures Traders
Sign up to register for this event, all futures traders can make futures trade in any futures pair of All USDT futures, COIN-M futures and USDC futures. Enjoy up to 100 USDT of futures liquidation insurance in addition!

Every user will only be eligible for Liquidation Insurance once over the event period. If there are multiple liquidations, we will cover the largest opening position among multiple liquidations by our Liquidation Insurance, at a maximum of 100 USDT.

To participate:

Step 1: Sign up for the event below.

Step 2: Open futures positions with a margin worth at least 10 USDT or more in any futures pair of all USDT, COIN-M, and USDC futures during the event period with a leverage of less than 10x.

Extra rewards you cannot miss: Invite friends by sharing this event and receive more than 40% commission rebate and 10 USDT in futures trial funds.

Event 2: For ALL Users: Trade Futures And Claim 25 USDT Futures Trial Funds

Complete Novice and Experienced Trader tasks to claim an additional 25 USDT in futures trial funds.

Click to Claim 25 USDT

Terms and Conditions:

1. The event is available to all users who sign up on this event page and fulfill the conditions to receive rewards.

2. Event Period: 10:00 UTC, Aug 6 – 10:00 UTC, Aug 20, 2024

3. Trading Pairs included in this event: Any futures pair of All USDT futures, COIN-M futures and USDC futures.

4. All eligible users for Liquidation Insurance will receive it within 7 working days after the event concludes.

5. To provide Liquidation Insurance to users who genuinely need it, KYC2 must be completed within 7 days after the event conclusion to qualify for the Liquidation Compensation.

6. Every user will only be eligible for Liquidation Insurance once over the event period. If there are multiple liquidations, we will cover the largest opening position among multiple liquidations by our Liquidation Insurance, at a maximum of 100 USDT.

7. Liquidation Insurance Amount = Liquidated Position Deposit Amount – Futures Trial Fund Amount Used.

8. Bitrue reserves the right to modify or cancel the rules of this event.

9. Bitrue reserves the right to disqualify users engaging in cheating behaviors such as malicious volume boosting, bulk registration, or trading fraud. Upon detection by the platform system, their eligibility for rewards will be revoked.

10. The current event is not available for users from the UK and rewards will not be distributed to users from the UK.

FAQs:

1. How do I join the event?    

Join now by signing up here.

2. What are the participation criteria for this event?  

All Bitrue users can sign up here.

3. What kind of liquidation qualifies for Liquidation Insurance in this event?  

To be qualified for the Liquidation Insurance, the position must be:

(i) Margin greater than 10 USDT with a leverage of less than 10x

(ii) Opened after signing up and during the event period

(iii) Liquidated within the event period

4. If I open a position using the futures trial funds, will the position be eligible for Liquidation Insurance?

The portion of the deposit that uses futures trial funds will not be accounted for the Liquidation Insurance.

5. To participate, are there any requirements for user KYC authentication?  

To provide better support for real Bitrue users only, KYC2 must be completed within 7 days after the event concludes to be qualified for the Liquidation Insurance.

6. How many times can I receive the Liquidation Insurance, and how much can I receive?  

Each user is eligible to receive the Liquidation Compensation ONCE only, with a maximum of 100 USDT.

7. How will multiple liquidations be covered?    

If there are multiple liquidations, we will cover the largest opening position among multiple liquidations by our Liquidation Insurance, at a maximum of 100 USDT.

8. What are the rewards available for referring friends to the event?  

At least 40% commission rebate and 25 USDT in futures trial funds. For more details, visit the Bitrue Partner page.

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