Explore the benefits of XT.COM’s Futures Trial Fund and learn how to effectively utilize it for trading, managing risks, and optimizing your potential returns. This guide provides a comprehensive overview to help you navigate the features and maximize your trading opportunities.

Table of Contents

What is Trial Fund?

How to Use the Trial Fund

Expiration of Trial Fund

1.What is Trial Fund?

XT trial fund comes in two forms: trial fund vouchers and trial fund credits. The trial fund vouchers can    be seen in the “Rewards Hub,” while the trial fund credits appear in the futures account. Users need to    redeem the trial fund vouchers into trial fund credits, which can then be used as futures margin along with the user’s own funds or to offset trading losses. When deducting corresponding fees, the trial fund and the user’s own funds will be used proportionally. The trial fund cannot be withdrawn, but any profits generated from trades using the trial fund can be withdrawn.

2.How to Use the Trial Fund

2.1 Finding Trial Fund Vouchers

Trial fund vouchers obtained through participation in events can be found in the “Benefits Center”:

• APP: Go to “Home” → Click on the upper left corner “My Avatar” → “Rewards Hub”
• WEB: Go to “Home” → Click on the upper right corner “Person Icon” → “Rewards Hub”

2.2 Unlocking Trial Fund Vouchers

The trial fund vouchers in the “Rewards Hub” must be unlocked before being redeemable. Based on the

unlocking requirements, trial fund vouchers are categorized into three types: no requirement, cumulative

trading requirement, and cumulative deposit requirement.

Vouchers with no unlocking requirement can be redeemed immediately after being claimed in the Rewards Hub.

Vouchers with unlocking requirements will appear as “Unactivated” when claimed. You must complete the unlocking conditions before the “Redeem Now” button will be displayed.

2.3 Redeeming Trial Fund Vouchers for Trial Fund Credits

Unlocked trial fund vouchers must be redeemed into trial fund credits by clicking the “Redeem Now” button,

which will transfer the credits to the futures account.

2.3.1 Redemption Threshold

Generally, trial fund credits must be used in conjunction with the user’s own funds. Therefore, when redeeming

trial fund vouchers, the system will check the balance of the user’s futures account. The vouchers can only be

redeemed if the user’s own funds balance is greater than or equal to the redemption threshold.

Definition of Own Funds: Own funds balance = Futures account balance – Trial fund.

2.3.2 Redemption Limits

To ensure that the actual deduction ratio of the trial fund matches the voucher’s deduction ratio, we impose

certain limits on the trial fund balance and deduction ratio during the voucher redemption process. The

specific scenarios are as follows:

Redemption Situation	Corresponding Redemption Condition
Can be directly redeemed	No previous trial fund balance in the futures account
	There is an existing trial fund balance in the futures account, and the deduction ratio for both the new and old trial funds is the same
Can be redeemed, but users must manually confirm the recovery of the old trial fund balance during redemption	There is an existing trial fund balance in the futures account, but the deduction ratio for the new and old trial funds is different, and there are no open positions or orders using the trial fund in the account
Cannot be redeemed	There is an existing trial fund balance in the futures account, the deduction ratio for the new and old trial funds is different, and there are open positions or orders using the trial fund in the account

Example:

User A claims and redeems Trial Fund Voucher 1, with a value of 100 USDT and a deduction ratio of 20%. Later,

User A claims Trial Fund Voucher 2, with a value of 10 USDT and a deduction ratio of 40%. At this point, User

A must use or recover the remaining trial fund balance from Voucher 1 before being able to redeem Voucher 2.

2.4 Using Trial Fund Credits

2.4.1 Viewing Trial Fund Credits

After a successful redemption, the trial fund will be transferred to the futures account. Users can view the trial

fund balance, deduction rate, and expiration time in the “Assets” – “Futures Account” section.

2.4.2 Using Trial Fund Credits

The trial fund can be used as trading capital, or to offset losses, funding fees, and margin. When deducting

fees, the trial fund and the user’s own funds will be deducted proportionally. If the trial fund is insufficient,

the remaining amount will be covered by the user’s own funds, and vice versa if the user’s own funds are insufficient.

The details of these deductions can be viewed in the transaction history.

Example 1:

A user’s stop-loss order is executed with a fee of -10 USDT, funding cost of -10 USDT, and realized P&L

of -100 USDT. The user has 100 USDT in available own funds and 30 USDT in trial fund balance, with a

deduction ratio of 30%.

Transaction details:

1.Fee: -10 USDT—deducted from own funds (10 USDT).

2.Funding cost: -10 USDT—7 USDT deducted from own funds and 3 USDT deducted from the trial fund.

3.Realized P&L: -100 USDT—the trial fund can only cover 30% of the 100 USDT loss (30 USDT), but the user only has 27 USDT in the trial fund. Therefore, 27 USDT is deducted from the trial fund, and the remaining 73 USDT is deducted from own funds.

Example 2:

A user’s forced liquidation order is executed with a fee of -5 USDT and a realized loss of -200 USDT.

The user has 177 USDT in available own funds and 30 USDT in trial fund balance, with a deduction ratio of 10%.

Transaction details:

1.Fee: -5 USDT—deducted from own funds (5 USDT).

2.Liquidation: -200 USDT—90% of the 200 USDT loss should be covered by own funds (180 USDT), but the user only has 172 USDT. Therefore, 172 USDT is deducted from own funds, and the remaining 28 USDT is deducted from the trial fund.

3.Expiration of Trial Fund

3.1 Expiration of Trial Fund Vouchers

If the trial fund vouchers are not unlocked and redeemed within their validity period, they will expire.

3.2 Transfer Recovery

If a user transfers USDT out of the account, the trial fund balance will expire and be recovered.

However, transfers of non-USDT assets will not affect the trial fund. A pop-up reminder will notify the user during

the transfer process.

Example 1: If a user has 20 USDT of trial fund in their futures account and transfers 0.1 USDT to the spot account, the 20 USDT trial fund in the futures account will be recovered.

Example 2: If a user has 20 USDT of trial fund in their futures account and transfers 0.1 ETH to the funding account, the 20 USDT trial fund in the futures account will not be affected.

3.3 Withdrawal Recovery

If a user withdraws or transfers out any asset, the trial fund will expire and be recovered.

Example: If a user has 5 USDT in trial fund credits in their futures account and transfers out 0.5 ETH, all trial fund credits in the futures account will be recovered.

3.4 Expiration of Trial Fund Credits

Once the trial fund credits exceed their validity period, they will expire and be removed from the account.

Additional Notes on Trial Fund

1.The trial fund cannot be transferred out of the account or withdrawn, nor can it be used for currency exchanges, grid trading, or similar services.

2.The trial fund cannot be used for wash trading, self-trading, or opening opposing positions. If any malicious use or abuse of the trial fund is detected, the platform reserves the right to take appropriate action against the involved account(s).

3.If the trial fund expires due to transfers and this results in a reduction of positions (liquidation) or the inability to maintain open orders, please resolve those issues before proceeding with transfers.

4.The trial fund has both a redemption period and a usage period. The redemption period can be found on the trial fund voucher in the “Rewards Hub,” and the usage period is listed in the “Futures Account” trial fund details. If the trial fund is not redeemed or used within the specified validity period, it will expire.

5.When trial funds are added to an account with open positions, the position ratio will decrease, and followers will experience a corresponding reduction in positions.

Note:

If any malicious activities, such as trial fund abuse, are detected, the platform reserves the right to take

action to recover losses and manage the involved accounts appropriately. XT holds the final interpretation

rights regarding the trial fund.

About XT.COM

Founded in 2018, XT.COM now serves more than 8 million registered users, over 1,000,000+ monthly active users and 40+ million users in the ecosystem. Our comprehensive trading platform supports 800+ high-quality tokens and 1,000 trading pairs. XT.COM crypto exchange supports a rich variety of trading, such as spot trading, margin trading, and futures trading together with an aggregated NFT marketplace. Our platform strives to cater to our large user base by providing a secure, trusted and intuitive trading experience.