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A Futures Free Position Voucher allows you to claim and open a Futures Trading Position with the given trading margin.
The Voucher is provided with specific Futures USDⓈ-M Futures contract parameters which cannot be changed. The determined parameters include the contract pair, order type, leverage, and margin mode. Any profits you generate from trading with this free position can be withdrawn or transferred to your liking. The free position opened can also be closed at any time.
1. Log in to your Binance account and go to [Profile] - [Rewards Hub].
2. Click [My Vouchers] to view all redeemable vouchers.
3. Under the ‘Ongoing’ tab, scroll down and find the Futures Free Position Voucher you wish to use. Click the [i] button on the voucher to view more details, including its expiry date, applicable trading pair, voucher status, and terms and conditions.
Click [Use] to activate.
4. If you don’t have a Futures account, a pop-up window will appear to prompt you to create one.
If you already have a Futures account, click [Use] to confirm your voucher redemption.
5. You will be redirected to the Futures Trading page. Click [Bullish] to open a Long position or [Bearish] to open a Short position.
6. After a confirmation message appears, you can manage your free position on the ‘Positions’ tab. You can adjust leverage, set a stop-loss, or close the position.
Note: By activating the Futures Free Position Voucher, you agree that you have read, understood, and accepted the Futures Free Position Terms and Conditions. You acknowledge and agree that you will be bound by and will comply with these Terms, as updated and amended from time to time.
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