Q: What is a Profit Boost?
A: The Profit Boost feature amplifies profits on BTC, ETH, SOL, and XRP perpetual swaps positions for a limited time. It allows traders to double the profits from their position by paying a premium to activate it.
Q: How does Profit Boost work?
A:
- When activated, any profit from your perpetual position is doubled for the duration of the Boost period.
- Example: If BTC moves from 100K to 105K during the Boost period, your P&L is +10,000 USDT (instead of the usual +5,000 USDT).
- If BTC moves from 100K to 95K, your P&L will be -5,000 USDT, the same as without the Boost (Boost doesn’t affect losses).
Q: How do I activate Profit Boost?
A: To activate Profit Boost, you must pay a premium, which is dynamically priced based on market volatility. For example, you might pay 100 USDT to activate a 5-minute Boost.
Q: What are the requirements to activate Profit Boost?
A: The following conditions must be met for you to activate Profit Boost:
- Your position must be a BTC, ETH, SOL, or XRP perpetual swaps position.
- The position size must be:
- ≤ 1,000,000 USDT for BTC
- ≤ 500,000 USDT for ETH, SOL, and XRP
- Your position size must be within the minimum and maximum limits (symbol-wide and personal Boost position limits).
- You must have at least 1 remaining Boost activation.
- Market volatility must be below a predefined threshold.
- The Boost feature must not be disabled for any special reason by the exchange.
Q: What is the cost of activating the Profit Boost?
A: The premium cost to activate Profit Boost is dynamically calculated based on market volatility and updates every second.
Q: How is the premium for Profit Boost charged?
A: The premium for activating Profit Boost will be automatically deducted from your wallet balance once the feature is enabled. Please ensure you have sufficient funds available before activation.
Q: How long does the Profit Boost last?
A: The duration of each Profit Boost is 5 minutes.
Q: How many times can I activate Profit Boost per day?
A: You can activate Profit Boost for a total of 100 times per day. This limit may change based on market conditions and user access.
Q: What happens to my position when Profit Boost is applied?
A:
- Profits from your position are doubled during the Boost period.
- Losses are not affected by the Boost and remain the same as without it.
- Once the Boost period ends or the position is closed, the additional profit gained through Boost is immediately settled.
Q: Can I view the additional profits earned through Profit Boost?
A: Yes, if the boosted position is in profit during the Profit Boost period, the total profit from the Profit Boost will be reflected in the Realized P&L once the position is closed.
This can be viewed under your Perpetual Profit Boost History.
Note: The cost for activating the Profit Boost is not included in the Realized P&L.
Q: What happens if I add to a Boosted position?
A: If you add to a Boosted position, an alert will appear, informing you that the newly added portion of the position will not be boosted.
Q: What happens if I flip a Boosted position?
A: If you flip a Boosted position, an alert will appear, informing you that Flipping will immediately end the Boost and any additional profits will be settled into your balance.
Q: How will I know if my position has Profit Boost applied?
A: Boosted positions will display a visual animation indicating that the Boost is active, along with a countdown of the remaining Boost time.
Q: Does Profit Boost contribute to my trading volume calculation?
A: No, Profit Boost does not contribute to your trading volume calculation. Only your original position size and trade actions count towards volume.
Q: How will I be notified of my Boost purchase status?
A: A Pop-up notification showing “Your boost is active” (in Web) or “Profit boost is active” (in App) will inform you whether your Boost purchase was successful. You may also view the purchase history of the Profit Boost in the Profit Boost Perpetual History.
Q: What happens if the Boost feature is unavailable or disabled?
A: If the Boost feature is disabled for any reason, the activation button will not appear, and you will be unable to apply the Boost to your position.