What is a Deposit Voucher?
A KTX Deposit Voucher is a type of virtual fund coupon that can be used in cross-margin mode together with your own principal funds to increase the available capital for contract trading.
The deposit voucher itself cannot be withdrawn directly. You must complete the platform’s designated trading tasks before withdrawal is allowed (meeting profit multiplier & trading volume requirements).
Core Features
1. Increase Trading Capital
The deposit voucher can be used together with your own funds to open positions, increasing available capital.
2. Cannot Offset Losses
The deposit voucher does not participate in loss coverage. All trading losses are borne by your own funds.
3. Cannot Offset Fees
Trading fees must be paid using your own funds.
4. Conditional Withdrawal
After meeting the profit or trading volume requirements, you can withdraw both your trading profits and the equivalent value of the deposit voucher in real USDT.
5. Fund Records
You can view detailed usage records of the deposit voucher under “Assets” → “Bills”.
Withdrawal Rules for Deposit Vouchers
Withdrawal Conditions
You may withdraw once you meet any of the following conditions:
- Profit Target: The net profit generated from trades using the deposit voucher reaches X times the voucher’s value (see event rules for the specific multiplier).
- Trading Volume Target: After receiving the voucher, your cumulative trading volume reaches XXXX USDT (see event rules for the specific amount).
Withdrawable Amount
- Trading profits generated using the deposit voucher
- The equivalent value of the deposit voucher in real USDT
Example
A user receives a 100 USDT deposit voucher. The profit requirement is 5×, and the trading volume requirement is 10,000 USDT.
Once the user’s trading volume reaches 10,000 USDT and cumulative profit reaches 500 USDT, they may withdraw the profit plus the voucher-equivalent amount.
How to Obtain a Deposit Voucher
Users can obtain deposit vouchers through the following methods:
- Exclusive Events: Participate in KOL-exclusive campaigns
- Reward Center Tasks: Complete platform-designated tasks
- Trading Competitions: Join trading contests or limited-time events hosted by KTX
For more details, visit the “Event Center” on the KTX official website or app.
How to Use a Deposit Voucher
1. Viewing the Voucher
Deposit vouchers obtained through events can be viewed as follows:
- App: Home → Top Left “Profile” → “Reward Center”
- Web: Home → Top Right “Account” → “Reward Center”
2. Voucher Redemption Process
- Deposit on-chain funds to your KTX account
- Transfer funds from Wallet Account to Trading Account
- Manually redeem the deposit voucher in the Reward Center
- Redeem the voucher based on the cashback ratio in the Reward Center
Valid Amount Calculation:
The valid amount is the smaller of [Net Deposit] and [Net Transfer to Trading Account].
Deposit Voucher Usage Examples
Example 1: Profitable Trade
- Account Balance: 100 USDT personal funds, 100 USDT voucher
- Trade: Open a long position using 200 USDT (100 personal + 100 voucher)
- Result: 50 USDT profit, 5 USDT fee
Fund Changes:
- Fee: Deduct 5 USDT from personal funds
- Profit: Add 50 USDT to personal funds
- Final: 145 USDT personal funds, 100 USDT voucher (unused)
Example 2: Losing Trade
- Account Balance: 100 USDT personal funds, 100 USDT voucher
- Trade: Open a short position using 200 USDT
- Result: 80 USDT loss, 5 USDT fee
Fund Changes:
- Fee: Deduct 5 USDT from personal funds
- Loss: Deduct 80 USDT from personal funds (voucher does not cover losses)
- Final: 15 USDT personal funds, 100 USDT voucher
Risk Warning:If personal funds are insufficient to cover losses, liquidation may occur, and the deposit voucher will be reclaimed.
Voucher Expiration and Reclaim Conditions
3.1 Expiration
Deposit vouchers have a validity period as specified in the “Reward Center” event rules.
Upon expiration, the system will automatically reclaim the voucher without affecting position safety.
3.2 Transfer Reclaim
If funds (USDT or other tokens) are transferred from the trading account to another account, the voucher becomes invalid and is immediately reclaimed.
Example: If the trading account has a 20 USDT voucher and 0.1 USDT is transferred to the wallet account, the voucher will be reclaimed immediately.
3.3 Withdrawal Reclaim
When withdrawing any cryptocurrency to an on-chain address, all account vouchers will become invalid and be reclaimed.
Example: If the trading account has a 10 USDT voucher and 0.1 ETH is withdrawn to an external wallet, the voucher will be reclaimed immediately.
3.4 Liquidation Reclaim
If the account is liquidated, the voucher will be reclaimed by the system.
Important Notes
- Contracts Only: Vouchers can only be used for perpetual contracts in cross-margin mode. They cannot be used for isolated contracts, spot trading, grid trading, or other products.
- No Abuse: Self-trading, wash trading, and opposite-position manipulation to gain voucher benefits are strictly prohibited. Violators may face account freezing or profit recovery.
- Transfer/Withdrawal Risk: Transferring or withdrawing funds will invalidate vouchers and may affect open positions or orders. Manage positions beforehand.
- Loss Risk: Vouchers cannot offset losses. All losses are borne by personal funds. Ensure sufficient balance to manage risks.
- Withdrawal Conditions: Profits or trading volume targets must be met before withdrawal. See event rules for details.
- Validity Period: Vouchers must be redeemed and used within the validity period.
FAQs
Q1: Can the deposit voucher offset losses?
A: No. The deposit voucher is only used to increase position capital. All losses are borne by your personal funds.
Q2: Can the deposit voucher offset trading fees?
A: No. Trading fees must be paid using your personal funds.
Q3: Can the deposit voucher be withdrawn directly?
A: No. The voucher and corresponding profits can only be withdrawn after meeting the platform’s profit or volume targets.
Q4: How can I check my voucher balance and withdrawal progress?
A: You can view your voucher balance, validity period, and task progress in the “Reward Center” or “Trading Account”.
Q5: What happens if my personal funds cannot cover losses?
A: The account may be liquidated, and the voucher will be reclaimed. It is recommended to maintain sufficient personal funds to manage risk.
Risk Disclaimer
The cryptocurrency market is highly volatile and involves significant risks.
Before trading, ensure that you fully understand the product, assess your risk tolerance, and seek professional investment advice.
Information provided by KTX is for reference only and does not constitute investment advice. Users are solely responsible for their investment decisions, and KTX bears no responsibility for any losses.
KTX complies with local regulations and requires users to follow the laws of their respective jurisdictions.
KTX reserves the right to modify, amend, or cancel this announcement and the deposit voucher rules at any time without prior notice.