Phemex urges users to review USDT Futures Bonus before expiry

Phemex urges users to review USDT Futures Bonus before expiry
Phemex reminds users on futures bonus

Phemex reminded users to review their USDT Futures Bonus status in the Rewards Hub, noting that unused bonuses may expire and can be applied to offset various futures trading costs according to platform rules.

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According to Phemex, the USDT Futures Bonus is automatically allocated to eligible users and can be viewed in the Rewards Hub under 'My Rewards.' The bonus functions as futures trading margin and is applied toward fees, funding costs, and trading losses, subject to platform rules.

Bonuses must be used before their set expiry date; otherwise, they are reclaimed by the system, which may impact any open positions using bonus funds. Users receive reminders before bonus expiration, and any realized profits remain withdrawable, but withdrawing these profits will result in removal of any remaining bonus. Additional operational rules and possible account restrictions are outlined in the platform’s published guidelines.

How to participate

Phemex automatically credits eligible users with a USDT Futures Bonus in their futures accounts. To participate, log into your Phemex account and go to the Rewards Hub under 'My Rewards' to view any available bonuses. The bonus can be used for trading futures, offsetting a portion of fees, funding costs, or losses according to Phemex's platform rules. New users can register and access their Rewards Hub via the official sign-up link.

Phemex is a cryptocurrency exchange offering spot and contract trading with access to a wide range of cryptocurrencies and tokens, as well as the US dollar. The platform features low trading fees, leverage up to x100 on contracts, various deposit and withdrawal options, demo accounts, and a comprehensive knowledge base with educational resources and welcome bonuses. For further details on features and trading conditions, see the broker profile on Traders Union.

For additional context, the previous Phemex update on Traders Union highlighted the results of the PNL Flex Time event, where 10 winners received a 10 USDT bonus. You can read more details in the previous Phemex update on Traders Union.

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