Trading bonus is an incentive given to SnapEx users in the form of non-withdrawable USDT. The bonus is gifted and sent directly to a user’s SnapEx wallet.
Unlike how USDT is normally used, trading bonus on SnapEx can only be used to open a position.
Here is how trading bonus works on SnapEx:
- It will be forfeited when attempting to withdraw.
- It cannot be withdrawn (except for profits derived from a closed position with the trading bonus used as margin).
- It can only be used once.
- It will expire within 24 days upon its issuance to a user.
Example of How Trading Bonus Works:
John receives 50 USDT as a trading bonus. He opens a position with a margin of 50 USDT. The market moved in his favour and he made a 30 USDT profit.
The 30 USDT profit will appear in his live SnapEx wallet, while the 50 USDT will be deducted and returned to the system.