Q: What is a Profit Boost?
A: The Profit Boost feature amplifies profits on BTC futures 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:
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When activated, any profit from your perpetual position is doubled for the duration of the Boost period.
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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).
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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:
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Your position must be a BTC futures position.
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The position amount must be ≤ 100,000 USDT.
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Your position size must be within the minimum and maximum limits (symbol-wide and personal Boost position limits).
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You must have at least 1 remaining Boost activation.
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Market volatility must be below a predefined threshold.
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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 determined based on market volatility. The cost is updated 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 up to 5 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:
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Profits from your position are doubled during the Boost period.
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Losses are not affected by the Boost and remain the same as without it.
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Once the Boost period ends or the position is closed, the additional profit gained through Boost is immediately settled.
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. This applies to orders placed in One-Way Mode that increase the position size.
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: Can I view the additional profits earned through Profit Boost?
A: Yes, after the Boost period ends or the position is closed, you can view the additional profit generated through the Profit Boost in your Perpetual Position history.
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 window will inform you whether your Boost purchase was successful or has failed.
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.