Bonus is awarded as reward for participating in Flipster promotions and events.
Bonus is expressed in USDT and can be used as Initial Margin for trading.
Bonus can also be used to directly offset trading losses. Realised P&L will be applied to the Bonus balance before the USDT wallet balance.
As a Flipster VIP user, you can also enjoy an exclusive VIP perk to convert Bonus into your USDT wallet balance at a 1:1 ratio.
However, Bonus cannot be used as payment for funding fees, converted to other currencies or withdrawn from the Flipster wallet.
Please note, however, that the negative balance in your Flipster account will be offset by Bonus everyday at 00:00, 08:00, and 16:00 UTC. The frequency of negative balance offset is subject to change and cannot be triggered manually.
Bonus will expire everyday at 00:05 UTC unless trading volume for the preceding 15 days has exceeded 10x the total USDT value of the Flipster Bonus. Users are required to contribute 10x their USDT value of their Flipster Bonus balance in the preceding 15 days to maintain their Bonus balance.