Trading

Introduction to Interest Voucher for Margin Trading

2023-05-26 15:4843372

[Estimated Reading Time: 2 mins]

This article explains what Interest Vouchers are, how to claim them, and how they work to reduce margin interest on Bitget.

What are Interest Voucher?

Interest Vouchers are rewards that allow you to enjoy reduced interest rates on borrowed funds in margin trading.

  • They are automatically applied to eligible margin interest after being claimed.

  • Each coupon specifies the supported coin(s) and applicable interest discount.

How Interest Voucher Work?

  • Interest Vouchers reduce the interest rate charged on borrowed funds for eligible trading pairs.

  • If you're borrowing multiple coins, the coupon will only apply to the supported coin listed on the coupon.

  • After a coupon is applied, the discount starts from the next interest settlement.

  • If you have no active margin position when the coupon is claimed, the discount will apply the next time you borrow.

Coupon usage rules:

  • Eligible coupons are applied automatically when you borrow.

  • When multiple coupons are available:

    • Active coupons will be used first.

    • Next, the system will apply coupons with the highest discount and shortest validity.

  • Active coupons cannot be replaced by newly claimed ones.

How to Find and Claim Interest Vouchers?

You can claim Interest Vouchers from the Coupons Center on both the website and app.

  • On the website: Go to Profile > Coupons

Introduction to Interest Voucher for Margin Trading image 0

  • On the App: Tap the Profile icon on the homepage, then navigate to Coupons Center

Introduction to Interest Voucher for Margin Trading image 1

Note: Once claimed, coupons are immediately usable—no asset transfer is required.

Important Notes

  • Coupons must be claimed within the designated claim period or they will expire.

  • After claiming, each coupon must be used within its validity period, or it will become invalid.

Disclaimer

  • Bitget reserves the right to take action against accounts showing malicious activity, including the recovery of any financial losses.

  • Bitget retains the final interpretation rights for all rules and terms related to coupon usage.

FAQs

1. Do I need to activate interest vouchers after claiming them?
No. Once claimed, interest vouchers are automatically applied to eligible margin trades. There is no need to manually activate or transfer anything.

2. Can I use more than one interest voucher at a time?
Only one coupon is applied at a time. If you have multiple available, the system prioritizes active coupons first, then selects the one with the highest discount and shortest remaining validity.

3. When does the interest discount take effect?
If you have an active margin position, the discount applies from the next interest settlement. If not, it will take effect the next time you borrow.

4. What happens if I don’t use the coupon in time?
Each interest voucher has a set validity period. If it isn’t used within that time, it will automatically expire—even if it was already claimed.

5. Where can I check which coins are supported by interest vouchers?
Each coupon clearly lists the supported coin(s) and discount details. The coupon will only apply to interest on those specific assets.

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