What Is a Position Voucher?

A Position Voucher is a reward tool introduced by Bitunix to lower the entry barrier for Futures trading. By using a Position Voucher, users can open a Futures position with funds provided entirely by the platform, without investing any of their own assets.

When trading with a Position Voucher, users do not bear any financial risk. All losses incurred during the trading process are fully covered by the platform, while 100% of any profits generated belong to the user. This mechanism allows users to experience the complete Futures trading workflow—including opening, holding, and closing positions in a real market environment without exposure to market risk.

Position Vouchers are primarily designed to help new users become familiar with Futures trading rules and operations, and can also be used to experience different trading scenarios or strategies under a zero-risk setup.

Advantages of Using a Position Voucher

Using a Bitunix Position Voucher offers the following benefits:

1. Pre-Configured Parameters for Simplicity
2. All key trading parameters are preset by the system, including:

• Position size
• Leverage
• Supported trading pairs
• Holding duration
• Users do not need to manually configure these settings, making it easy to participate in Futures trading with minimal operational complexity.

3. Zero-Cost, Zero-Risk Trading Experience

• No personal funds are required
• All losses are covered by the platform
• All profits are credited to the user
• This allows users to learn and practice Futures trading without financial pressure.

4. Platform-Level Risk Control and Fair Use

• Single-Currency, Single-Position Limit Only one active Position Voucher position per currency is allowed at any given time.
• This platform-wide rule is designed to prevent hedging or arbitrage across multiple currencies and to ensure fairness and compliance.

How to Use a Position Voucher

Step1: Tap my profile from the top navigation bar, then tap my rewards.

Step 2: Tap redeem under future position voucher.

Step 3: Choose open short or long, then set up TP before opening the position. Then tap confirm to open a position.

Things need to be focused on after opening a position using position voucher.

Monitor the position

• All voucher positions are labeled [Voucher] in the positions list.
• Hover over the [Voucher] tag to view voucher value, expiry date, and profit/loss attribution rules. Important Limitation (Per Trading Pair Mutual Exclusivity):
• Voucher positions and regular positions cannot coexist for the same trading pair.
• To open a new position on the same pair, you must first close the voucher position.

Close a Voucher Position

• Click [Close]
• Select “Close Voucher Position”
• Confirm your action
• The system will execute a market close and settle the position

Profit Settlement

• Trigger Condition: Profit > 1 USDT after closing the position
• Displays popular coins and gains to encourage further trading.
• Actions:[Share]: Share a screenshot of the profit[Go Trading]: Navigate to the corresponding trading pair
• Any profits generated will be credited to your account
• Any losses will be absorbed by the platform and will not affect your assets

Tagging Rule: All orders/positions opened via vouchers are labeled [Voucher] in history, making it easy to distinguish regular trades vs voucher trades.

FAQs

Q: Can I withdraw profits earned from a voucher position?A: Yes. After closing a voucher position, any profit (profit > 0) will be automatically credited to your Futures account balance, where it can be freely traded or withdrawn.

Q: Why was my voucher position automatically closed?A: Voucher positions have a maximum holding duration (e.g., 8 hours). To maintain risk control, the system automatically closes the position once the limit is reached. We recommend monitoring the validity period and taking profit in time.

Q: Can I manage voucher positions via API?A: No. Voucher positions can only be operated manually via Web or App; API orders or position management are not supported.

Q: Are trading fees charged for voucher positions?A: No. Opening and closing voucher positions are fee-free. Funding rates apply as usual; if your margin is insufficient, fees are deducted from the voucher margin only, not from your personal balance.

Q: Why does the “Open Position” popup say “Conditions not met”?A: Before opening a position with a voucher, the following conditions must be met. Otherwise, the system will block the action:

Q: After opening a voucher position, can I continue trading the same current pair?A: There are restrictions. Once a voucher position is opened on a pair (e.g., BTCUSDT), regular trading on that pair is limited as follows:

Conclusion

Bitunix Position Vouchers provide a risk-free, zero-cost opportunity for users to experience Futures trading, learn trading strategies, and explore different market scenarios. By leveraging platform-provided funds, users can earn profits without financial exposure, while the platform ensures losses are fully covered. Position Vouchers are a valuable tool for both beginners and experienced users to practice, learn, and gain confidence in Futures trading within a safe environment.

Disclaimer

This article is not intended to provide:

(i) investment advice or investment recommendations;

(ii) an offer, invitation, or solicitation to buy, sell, or hold digital assets;

(iii) financial, accounting, legal, or tax advice.

Digital assets, including stablecoins and NFTs, carry significant risk and price volatility. Evaluate whether trading or holding digital assets is appropriate for your financial situation. Seek guidance from your legal, tax, or investment adviser regarding your specific circumstances.

Bitunix assumes no responsibility for any investment outcomes. You are solely responsible for understanding and complying with all applicable local laws and regulations.