Futures Position Voucher Rules

1.What Is a Futures Position Voucher?

A Futures Position Voucher is a promotional instrument with a notional position value. When opening a futures position using the leverage indicated on the voucher, users can obtain a position equivalent to the voucher’s notional value without using their own margin.

Notional Value Calculation:

• Position Notional Value = Margin Amount × Leverage Multiplier
• Example: 20 USDT margin × 100x leverage = 2,000 USDT notional value
• The leverage displayed on the voucher is used for notional value calculation only and does not restrict the leverage that users may choose when opening positions.

2.How to Claim a Futures Position Voucher

1. Go to Coupon Center – Futures Position Voucher and locate the voucher under the “To Be Claimed” section.
2. Click [Claim].
3. Upon successful claim, the voucher will be automatically converted into trial funds (based on the margin value) and credited to your Futures Account – Trial Funds Balance.

All vouchers must be claimed within their validity period. Expired vouchers cannot be claimed.

3.Voucher Issuance Notifications

When a new futures position voucher is issued, users will be notified via:

• App & Web Pop-up Notification (only when actively using the platform). Click [View Now] to access the Coupon Center.
• Message Center – In-App Messages: available at any time.

4.Voucher Status Overview

Status	“Valid Until” Meaning	Description
To Be Claimed	Last available claim time	If not claimed before this time, the voucher will automatically expire and can no longer be claimed.
Claimed	Expiry time of trial funds	Any unused trial funds will be automatically forfeited upon expiry.
Expired	Claim deadline (same as “To Be Claimed”)	The voucher has expired and is no longer available for claim or use.

5.Trial Funds Usage Rules

After claiming, futures position vouchers are converted into trial funds, which follow the same usage rules as standard futures trial funds:

• Can be used as margin for opening futures positions
• Supports futures trading (including standard copy trading)
• Can be used to offset trading losses, trading fees, and funding fees
• No leverage restrictions; users may freely select leverage
• No trading pair restrictions, applicable to all supported futures trading pairs

6.Important Notes

• Trial Funds must be both claimed and used within the validity period, otherwise they will expire.
• If both position vouchers and trial funds are available, the system will prioritize position vouchers for trading fee deductions.
• Any asset transfer out of the Futures Account before full use of trial funds will result in the immediate forfeiture of any remaining trial funds.
• If Trial Funds become invalid while positions are open, it may result in liquidation or failure to maintain open orders. Users are advised to manage risk accordingly.
• Loss offset condition using trial funds: Closing Equity < (Initial Equity + Cumulative Deposits + Trial Funds Balance)
• New trial funds cannot be issued until existing trial funds have been fully used or expired.

7.Disclaimer

Futures position vouchers (trial funds) are promotional benefits distributed to eligible users. In case of any abusive behavior, including but not limited to fraudulent acquisition, multi-account manipulation, or misuse of trial funds, the platform reserves the right to revoke rewards and take appropriate actions against the relevant accounts.

Websea reserves the final interpretation rights of trial funds.

Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Websea 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 information should not be construed as financial advice. For more information, see Websea Risk Disclosure & Disclaimer.