How to Use the Binance Margin Trial Credit Voucher?

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What is the Margin Trial Credit Voucher? 

The Margin Trial Credit Voucher allows you to open a trial Isolated Margin position. You cannot transfer funds into or out of this position until it is closed; however, you are allowed to borrow, trade, and repay*, using its value. Any profits earned from this position will be credited to your Binance Margin Account once the position is closed. In case of any losses, you are not responsible for covering them — Binance will absorb the loss on your behalf. 

*Repayment of funds owed to Binance. Please note that the voucher is exclusively for opening isolated margin positions and cannot be used to withdraw any funds.

How to use the Margin Trial Credit Voucher? 

Currently, the Margin Trial Credit Voucher is only supported on the Binance app. 

1. Log in to your Binance app and go to [More] - [Rewards Hub]. 

Tap [Use] on the voucher.

2. Choose the margin trading pair you want to trade on Isolated Margin and tap [Confirm] to activate it. 

After that, you’ll have 24 hours to borrow and open a margin position. If you fail to borrow any funds with the trial credit as collateral during this 24-hour period, your voucher will become invalid and you cannot use it again. 

Examples:

Example 1: 

User A gets a 10 USDT Margin Trial Credit Voucher. They use it as collateral for trading and make a 50 USDT profit. 

• Withdrawable amount: the 50 USDT profit.
• The 10 USDT voucher will be returned to Binance.

Example 2:

User B gets a 10 USDT Margin Trial Credit Voucher. They use it as collateral for trading and make a 50 USDT profit on the first trade. User B continues to trade and loses 65 USDT on the second trade.

• Withdrawable amount: 0 USDT
• As the total balance is negative, the Margin Trial Credit Voucher has been fully used up to cover the losses.

Example 3:

User C gets a 10 USDT Margin Trial Credit Voucher. They use it as collateral for trading, but their position is liquidated, resulting in a 8 USDT loss, a 0.5 USDT commission fee, and a 0.5 USDT Liquidation Clearance fee.

• Withdrawable amount: 0 USDT
• The 8 USDT loss, as well as the commission fee and Liquidation Clearance fee have been offset by the Trial Credit Bonus Voucher amount. The remaining balance of 1 USDT of the Margin Collateral Voucher amount will be returned to Binance.

Margin Trial Credit Terms and Conditions:

• After you redeem a Margin Trial Credit Voucher, you will have to choose one Isolated Margin pair to trade. Once the pair is confirmed, the trial credit fund will be credited into your Margin Account.
• Vouchers are denominated in a specific cryptocurrency and can only be applied against specific isolated margin pairs for that specific cryptocurrency. You can check which isolated margin pairs are available for the Margin Trial Credit Voucher in the rules of the related promotion.
• Sub-accounts are not eligible for Margin Trial Credit Vouchers.
• Margin Trial Credit Vouchers can only be used on Binance Margin Accounts. Once redeemed, the collateral cannot be transferred to other accounts.
• The availability period of the Margin Trial Credit Voucher will vary according to the rules of the related promotion. Please ensure that you claim the Margin Trial Credit Voucher while it is available in the Rewards Hub by tapping [Use], otherwise, you will not be able to claim it.
• Once claimed, the Margin Trial Credit Voucher will be valid for 24 hours. If no qualifying margin positions are opened on your Margin Account within 24 hours of claiming the Margin Trial Credit Voucher, the voucher will be forfeited.
• Once forfeited, the Margin Trial Credit Voucher will become void and will be removed from your Margin Account, and you will not be entitled to a replacement reward.
• You can manually close the isolated positions at any time within the  validity period. Once the validity period expires, any positions that remain open will be automatically closed and your margin positions will revert to zero.
• Binance reserves the right to cancel or amend the promotion rules in its sole discretion at any time and without prior notice, and all participants will be bound by such changes.
• Margin Trial Credit Vouchers and related promotions are strictly only available to eligible users who are enabled for Binance Margin services, and may not be available or may be restricted in certain jurisdictions of regions, or to certain users, depending on legal and regulatory requirements. These Margin Trial Credit Vouchers and related promotions are not intended for users/countries to which restrictions apply. To comply with local laws and regulations, certain Rewards Hub features may not be available in your region.
• All eligible users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Margin services in each country from which the services are accessed.
• Binance reserves the right to the final interpretation of the terms and conditions of using Margin Trial Credit Vouchers.
• You can only use the amount in the Margin Trial Credit Voucher as collateral for Margin trading. You can keep and withdraw any profits generated by the Margin Trial Credit Voucher.
• You cannot directly withdraw the amount comprising the Margin Trial Credit Voucher amount. Upon closing of the isolated margin position, the amount comprising the Margin Trial Credit Voucher amount will be transferred out of your Margin Account and returned to Binance.
• Margin Trial Credit Vouchers can be used to offset any losses incurred during margin trading. Any commission fees and interests incurred within the position will also be offset by the voucher value.
• By using their voucher, you agree to the terms and the conditions and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Margin Service Terms of Use (c) Binance Terms of Use; and (d) Binance Privacy Notice; all of which are incorporated by reference into these terms and conditions.

This document may have been translated and published in different languages, In the event of any inconsistency, misstatements, omissions, or errors appearing in any translated version, the English version shall prevail.

Disclaimer and Risk Warning: Digital asset prices are subject to high market risk and price volatility. The information provided does not constitute, in any way, a solicitation or recommendation or inducement to buy or sell the products. The value of your investment may go down or up, and you may not get back the amount invested. Comments and analysis do not constitute a commitment or guarantee on the part of Binance. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. This product may not be available in certain countries and to certain users. This content is not intended for users/countries to which prohibitions/restrictions apply. For more information, see our Terms of Use, Margin Service Terms of Use and Risk Warning. To learn more about how to protect yourself, visit our Responsible Trading page.