KTX Leverage Voucher Usage Instructions
What is a Leverage Voucher?
KTX leverage vouchers are a type of voucher that can be combined with real funds in full-margin mode for opening futures positions, increasing available capital. They also support proportional offsetting of position losses, effectively reducing futures trading risk.
Functions:
- Can proportionally offset trading losses, reducing actual losses.
- Cannot offset trading fees; only applicable for opening positions and loss offsetting.
- Non-withdrawable, but profits generated from trading with leverage vouchers can be withdrawn.
- Fund records: Offset details can be viewed under “Assets” → “Bill.”
Note: Starting from July 28, 2025, the usage rules for leverage vouchers may be adjusted. Please refer to official KTX announcements for details.
How to obtain leverage vouchers? Users can acquire leverage vouchers through the following methods:
- Limited activities: Participate in KOL-limited events.
- Welfare center tasks: Complete platform tasks to receive leverage vouchers.
- Other activities: Join trading competitions or limited-time events hosted by the KTX platform.
For detailed activity information, please check the KTX official website or the “Activity Center” in the App.
How to use leverage vouchers?
Leverage vouchers obtained through activities can be viewed via the following path:
App: Homepage → Top left “Profile” → “Welfare Center”
Web: Homepage → Top right “Account” → “Welfare Center”
Leverage Voucher Claim Process
Deposit on-chain funds into the KTX account
Transfer from the wallet account to the trading account
In the Welfare Center, manually redeem vouchers according to the deposit cashback ratio
The effective amount is the lesser of [Net Deposit] and [Net Amount Transferred into the Trading Account]
Closing losses fully consumed / voucher expiration / withdrawals during the voucher validity period / transfers out from the trading account will all result in the voucher being reclaimed.
Deduction Rules
Example 1:
User trading account: Own funds 100 USDT, leverage voucher funds 30 USDT, deduction ratio 20%.
One trade incurs a loss of 50 USDT, with a trading fee of 10 USDT.
Fund flow:
- Trading fee: Deduct 10 USDT from own funds.
- Loss: Deduct 10 USDT from leverage voucher funds (50 × 20%), and deduct 40 USDT from own funds.
Example 2:
User trading account: Own funds 50 USDT, leverage voucher funds 10 USDT, deduction ratio 10%.
One trade incurs a loss of 50 USDT, with a trading fee of 7 USDT.
Fund flow:
- Trading fee: Deduct 7 USDT from own funds.
- Loss: Deduct 5 USDT from leverage voucher funds (50 × 10%), and 45 USDT from own funds. In this case, the account may be liquidated.
Leverage Voucher Invalidation Scenarios
Validity Period
The validity period of leverage vouchers can be found in the “Welfare Center.”
After expiration, the system will reclaim leverage voucher funds without affecting position risk.
Transfer Reclamation
USDT transfer: Transferring USDT out of the futures account will invalidate the leverage voucher balance.
Non-USDT transfer: Transferring other cryptocurrencies (e.g., ETH) will also affect the leverage voucher balance.
Example: If the trading account has 20 USDT leverage voucher balance and 0.1 USDT is transferred to a wallet, the leverage voucher balance is reclaimed.
Withdrawal Reclamation
Withdrawing any cryptocurrency will invalidate all leverage voucher balances in the account.
Example: If the trading account has 10 USDT leverage voucher balance, withdrawing 0.1 ETH will result in all leverage voucher balances being reclaimed.
Precautions
- Non-transferable or withdrawable: Leverage vouchers are only for futures trading and cannot be used for spot, grid trading, or other services.
- Prohibited malicious actions: Wash trading, self-trading, or reverse positions to exploit leverage vouchers is forbidden. Violators may have their accounts frozen or losses reclaimed.
- Risk warning: Transfers or withdrawals may invalidate leverage vouchers, affecting positions or open orders. Please handle positions in advance.
- Validity period: Voucher redemption and fund usage have time limits. Unused vouchers or funds within the period will expire.
Frequently Asked Questions
Q1: Can leverage vouchers be used to offset fees?
A: No, leverage vouchers can only be used for opening positions and offsetting losses. Fees must be paid with personal funds.
Q2: Can leverage vouchers be withdrawn?
A: Leverage vouchers cannot be withdrawn, but profits generated from trading with leverage vouchers can be withdrawn.
Q3: How to check the leverage voucher balance?
A: Check the leverage voucher balance, offset ratio, and validity period in the “Welfare Center” / “Trading Account.”
Risk Disclaimer
The cryptocurrency market is highly volatile and investments carry risks. Please fully understand the products, assess your risk tolerance, and consult professional investment advisors before trading. Information provided by KTX is for reference only and does not constitute investment advice. Users are solely responsible for their investment decisions, and KTX is not liable for investment losses. KTX complies with regulatory requirements in all regions and expects users to follow the laws and regulations of their respective countries or regions. KTX reserves the right to modify, change, or cancel this announcement at any time without prior notice.