Trading Credits are non-withdrawable, non-transferrable between accounts.

Profits earned through Trading Credits can be withdrawn or transferred to other accounts. 

Trading Credits are only applicable in derivative trading, including Perpetual Contracts and Futures, but not applicable in spot trading or currency conversion.

Trading Credits are used to offset trading margin, trading fees, and funding costs. When deducting the corresponding fees, the Trading Credits will be deducted before your own funds. Trading Credits cannot be used to pay withdrawal fees. 

Trading Credits Vouchers have both Claim Expiration and Credit Expiration date. Please check your voucher expiration dates and time on BitMEX Reward Page.

• Claim Expiration (Expires in): Each Trading Credit Voucher has an expiration date by which a user must claim their voucher to receive Trading Credits.

•  Expired vouchers will not be refunded.

• Credit Expiration (Use before): Upon claim of voucher, your Trading Credits balance will have an expiration date by which the user's trading credit will no longer be available to use.

• Trading credits remain in the user's account and can be used continuously before the expiration date or until it gets depleted. Once they pass the expiration, any unused or expired balance will be automatically returned to BitMEX.

• Trading credits in open positions will be forfeited at the expiration date, which may impact the liquidation risk of your positions. While the expiration of trading credits will not automatically close a user's position or immediate liquidation, users are responsible for maintaining the necessary margin to prevent liquidation.

• BitMEX isn’t obligated to remind users of upcoming expiration times. Make sure to pay attention to the expiration time and manage the usage of Trading Credits on your own.

Suspicious behavior, or the malicious use or abuse of Trading Credits, will result in instant disqualification from the reward and forfeiture of any awards made to date. BitMEX reserves the right to deduct from your account any costs and expenses incurred dealing with such activities.

Usage of Trading Credits is subject to our Terms of Service, Exchange Rules, and FAQs, and any other terms or directions we may provide.

BitMEX reserves the right to modify these terms at our sole discretion.

Trading derivatives is high risk, please refer to our Terms of Services here and Risk Disclosure Statement here.