The Trading Bonus is Flipster’s margin bonus system. It functions as a temporary, interest-free margin credit that increases a user’s available buying power when trading perpetual contracts.
Bonus is not withdrawable and not convertible. It can be used to support positions but it comes with usage and expiration rules described below.
What is a Trading Bonus?
Trading Bonus is awarded as a reward for participating in Flipster promotions and events. It increases the user’s available margin for trading USDT-quoted perpetual contracts.
- It can be used as part of the margin when opening positions.
- It can cover all funding fees, and realized losses.
- It cannot be transferred, withdrawn, or converted to other assets.
- It carries expiration and withdrawal burn conditions.
Trading Bonus exists purely inside Flipster’s margin system and is expressed in USDT, but it does not represent actual USDT.
Expiration Rules
Standard Expiration
- Each Trading Bonus issuance expires 14 days after it is granted.
- Expiration occurs automatically at 00:00 UTC on the day after the 14-day period.
When Trading Bonus expires:
- Any unused Trading bonus is removed.
- If the Trading bonus was being used as margin:
- The system attempts to replace the expired Trading Bonus using the user’s own available capital.
- If the user’s capital is insufficient, the margin decreases and leverage increases.
- Increased leverage may lead to liquidation if market conditions move unfavorably.
Pending orders and positions may be affected if the margin becomes insufficient.
Expiration While Positions Are Open
When the Trading Bonus expires while being used in one-way mode:
- Positions are not automatically closed solely because of expiration.
- Margin is recalculated:
- If available user capital can fully replace the expired Trading Bonus margin, the position remains stable.
- If not, the position becomes riskier due to higher effective leverage.
- If the remaining margin falls below requirements, positions may be liquidated.
Airdrop-Related Trading Bonus
Trading Bonus granted through Position Airdrop campaigns expires 14 days after the position airdrop is unlocked.
Withdrawal Rules
When a user makes any withdrawal request:
- All Trading Bonus is removed and set to 0 once the withdrawal is completed.
- This applies to withdrawals of any asset, including non-USDT tokens.
- If a user has open positions, burning Bonus may:
- Reduce available margin,
- Increase leverage, or
- Trigger liquidation.
How Trading Bonus is Used in Trading
Trading Bonus can be used only in One-Way Mode. It does not act as a margin in Multi-Position Mode.
Usage as Margin
A position may use:
- Part user capital, and
- Part Trading Bonus, but only up to 50% of the position’s total margin.
Trading Bonus usable margin = min(User Capital, Trading Bonus Balance)
Example:
User capital: 100 USDT
Trading Bonus: 1,000 Trading Bonus
Usable Trading Bonus: min(100, 1,000) = 100
Available margin = 100 + 100 = 200 USDT
Deduction Rules (Fees, Realized Losses, Funding)
Trading Fees
Order fees are deducted in the following order:
Fee Voucher → User Capital
Note: To ensure fairness, campaign-based trading volume may be partially excluded based on the proportion of Trading Bonus used as margin for the position and proportion of Fee Voucher used to pay trading fees. For more information on the usage of Fee Vouchers, please refer to Fee Voucher Explained.
Realized Losses & Funding Fees
Realized losses and funding fees in one-way mode are deducted proportionally from:
- 50% user capital
- 50% Trading Bonus
(based on how much of each is used for the position margin)
Once the Trading Bonus is fully depleted, all subsequent losses are deducted entirely from user capital.
Cross vs Isolated Margin: Trading Bonus Eligibility
Isolated Mode
- Trading Bonus is only matched with USDT collateral.
- Trading Bonus usable = min(User USDT balance, Trading Bonus balance).
Cross Margin Mode
- Trading Bonus can be matched with all eligible assets under the Multi-asset collateral supported assets margin system (e.g., USDT, USDe, USDC, PUSDT, BTC, ETH).
- Excluded assets, such as USD1, remain excluded.
Leverage Cap Behavior
Users may be restricted to a maximum leverage of 5x when both conditions below are true:
- Lifetime deposit is below 30 USDT, and
- Lifetime deposit is less than half of their Trading Bonus balance.
This cap applies only in One-way Mode, regardless of whether the user is using isolated or cross-margin mode.
The platform checks these conditions in real time whenever a user tries to place an order. If the cap applies, the leverage limit updates immediately on the order form.
If a user already holds a position with leverage higher than 5x, they will not be able to open new positions, either in the same direction or the opposite direction, until that high-leverage position is reduced or closed. Once all positions above the cap are closed, users can trade normally under the 5x limit.
Pending orders follow the same leverage rules.
- Any new order that would exceed the 5x limit is rejected immediately.
- If an existing pending order would cause leverage above the limit when it matches, it is automatically canceled at the moment of matching.
When Trading Bonus Cannot Be Used
- Cannot be withdrawn.
- Cannot be converted to other tokens.
- Cannot be used for USD1-quoted contracts.
- Cannot be used as a margin in Multi-Position mode.
Summary
The Trading Bonus provides users with temporary, interest-free margin credit. It increases buying power but is subject to the policies:
- 14-day expiration
- The Trading bonus is removed immediately on withdrawal
- 50% margin usage limit
- Proportional deduction of losses and funding
These policies help ensure that Trading Bonus genuinely supports trading activity while maintaining system integrity and preventing any misuse.