What Is a Guaranteed Stop-Loss Coupon?
The Guaranteed Stop-Loss feature helps reduce the impact of slippage during extreme market volatility by aiming to execute your stop-loss at the price you set.
A Guaranteed Stop-Loss Coupon is issued by Bitunix and can be used when you enable Guaranteed Stop-Loss on supported Futures trading pairs. The coupon shows details such as the redemption period, maximum coverage amount, and supported trading pairs.
After you enable Guaranteed Stop-Loss, the system will apply the coupon coverage first. If the coverage is not enough, any remaining amount will be covered by your own funds.
How to Use a Guaranteed Stop-Loss Coupon
Step 1: Open “My Rewards”
Log in to the Bitunix app. After you complete the required campaign tasks, go to:
Profile (top left) > My Rewards
Step 2: Redeem the coupon
On the My Rewards page, find Guaranteed Stop-Loss Coupon and review:
- Redemption deadline
- Maximum coverage amount
- Supported trading pairs
- Tap Redeem.
Step 3: Open Futures and go to Advanced TP/SL
Go to the Futures trading page and select a supported trading pair. Enter your order details, then find the TP/SL (Take Profit / Stop Loss) section. Tap Advanced.
Step 4: Enable Guaranteed Stop-Loss
Scroll to the bottom of the advanced TP/SL settings and turn on Guaranteed Stop-Loss. Your Guaranteed Stop-Loss Coupon will appear on the page, confirming it is active.
Terms for Using a Guaranteed Stop-Loss Coupon
- Redemption window: Redeem the coupon within the specified redemption period.
- Usage scope: The coupon is for Futures trading only and cannot be withdrawn or converted to cash.
- Abuse handling: Bitunix reserves the right to disqualify users and revoke benefits if suspicious activity or rule violations are detected.
- Final interpretation: Bitunix reserves the right of final interpretation for this coupon.
Disclaimer
This article is for informational purposes only and does not constitute:
(i) investment advice or investment recommendations;
(ii) an offer or solicitation to buy, sell, or hold digital assets; or
(iii) financial, accounting, legal, or tax advice.
Digital assets (including stablecoins and NFTs) involve significant risk and may be highly volatile. Carefully consider whether trading or holding digital assets is suitable for you based on your financial situation. Please consult qualified legal, tax, or investment professionals for advice specific to your circumstances. You are responsible for understanding and complying with applicable local laws and regulations.