Dear CoinW Users,
To improve asset allocation efficiency and enhance user experience, CoinW has upgraded the Mega Coupons system. Mega Coupons can now be used more effectively to offset trading fees, funding fees, and trading losses in futures trading.
1. What Are Mega Coupons
Mega Coupons are trading vouchers designed for futures trading. They have a specific usage scope and validity period. Mega coupon funds cannot be withdrawn directly, but can be applied in futures trading, such as offsetting trading fees.
For more details, click here to view “Mega Coupon Usage”.
2. Key Upgrades
2.1 Issuance and Usage
Upgraded Mega Coupons are issued to the Rewards Hub and will not take effect in the futures account until claimed.
To use Mega Coupons, users must firstly claim them from the Rewards Hub to their futures account, ensuring clear separation between issuance and usage.
All coupon merging operations such as proportion-based merging, are performed only in the Rewards Hub, keeping fund management and usage separate.
2.2 Dynamic Claiming Rules
The claimable amount of Mega Coupons is calculated based on the futures account balance. Coupons can be claimed in following three ways:
1. Automatic Claiming: The system will automatically claim the coupon daily at approximately 00:00, 08:00, and 16:00 based on users’ futures account balances.
2. Manual Claiming: Users can manually claim the coupon, with the amount calculated based on the current futures account balance.
3. Transfer-Triggered Claiming: When users are transferring funds to their futures accounts, the system will calculate the claimable Mega Coupon amount based on their futures account balances and automatically apply the maximum ratio. If a futures account already holds Mega Coupons, the existing ratio will be applied.
2.3 Return Mechanism
If Mega Coupons no longer meet the usage conditions, the system will automatically return them in the following scenarios:
Expiry: Upon expiration, if there’re no open positions or orders using the Mega Coupon funds, the coupons will be returned to the Rewards Hub.
Transfer-Out: When users are transferring funds out from their futures accounts to other accounts, the system will calculate the Mega Coupon amount to return based on users’ futures account balance and usage ratio, and return them to the Rewards Hub.
2.4 Coupon Ratio Adjustment
Only one coupon ratio can be applied per futures account at any given time.
If there are no positions or orders opened using Mega Coupon funds, users can switch to a different ratio. The system will automatically return the current Mega Coupons and recalculate the claimable amount under the new ratio.
If Mega Coupons are in use or there’re open positions or orders opened using Mega Coupon funds, users cannot switch the ratio. For more details, please refer to the tips displayed on the Mega Coupon page.
3. Claiming and Transfer Rules
3.1 Calculation Logic
The system calculates the claimable Mega Coupon amount based on users’ futures account balance and coupon ratio when conditions are met:
Claimable Mega Coupon = Futures Account Balance / (1 - Ratio) × Ratio
Additional Transfer In = Futures Account Balance / (1 - Ratio) × Ratio - Existing Mega Coupon Amount
Additional Transfer Out = Existing Mega Coupon Amount - Futures Account Balance / (1 - Ratio) × Ratio
3.2 Example
Assume Account A holds an 80% Mega Coupon worth 50 USDT in the Rewards Hub, valid until 2026/12/31 23:59:59.
4. How to Claim Mega Coupons Manually
Log in to CoinW → Go to Assets in the lower right corner of the futures trading page → In the Claim Mega Coupon sector, click View Details → Claim Mega Coupon to your futures account → Use your Mega Coupon when opening positions
5. Notes on the Upgraded Mega Coupons
Ratio-based merging is performed only in the Rewards Hub.
The upgraded Mega Coupons no longer have “transfer invalidation” restrictions.
To access the full functionality of the upgraded Mega Coupon, users need to update the app to version 10.1.21 . The Web version is fully available with no update required.
If you have any questions, please contact our customer service.
The CoinW Team
Dear CoinW Users,
To improve asset allocation efficiency and enhance user experience, CoinW has upgraded the Mega Coupons system. Mega Coupons can now be used more effectively to offset trading fees, funding fees, and trading losses in futures trading.
1. What Are Mega Coupons
Mega Coupons are trading vouchers designed for futures trading. They have a specific usage scope and validity period. Mega coupon funds cannot be withdrawn directly, but can be applied in futures trading, such as offsetting trading fees.
For more details, click here to view “Mega Coupon Usage”.
2. Key Upgrades
2.1 Issuance and Usage
Upgraded Mega Coupons are issued to the Rewards Hub and will not take effect in the futures account until claimed.
To use Mega Coupons, users must firstly claim them from the Rewards Hub to their futures account, ensuring clear separation between issuance and usage.
All coupon merging operations such as proportion-based merging, are performed only in the Rewards Hub, keeping fund management and usage separate.
2.2 Dynamic Claiming Rules
The claimable amount of Mega Coupons is calculated based on the futures account balance. Coupons can be claimed in following three ways:
1. Automatic Claiming: The system will automatically claim the coupon daily at approximately 00:00, 08:00, and 16:00 based on users’ futures account balances.
2. Manual Claiming: Users can manually claim the coupon, with the amount calculated based on the current futures account balance.
3. Transfer-Triggered Claiming: When users are transferring funds to their futures accounts, the system will calculate the claimable Mega Coupon amount based on their futures account balances and automatically apply the maximum ratio. If a futures account already holds Mega Coupons, the existing ratio will be applied.
2.3 Return Mechanism
If Mega Coupons no longer meet the usage conditions, the system will automatically return them in the following scenarios:
Expiry: Upon expiration, if there’re no open positions or orders using the Mega Coupon funds, the coupons will be returned to the Rewards Hub.
Transfer-Out: When users are transferring funds out from their futures accounts to other accounts, the system will calculate the Mega Coupon amount to return based on users’ futures account balance and usage ratio, and return them to the Rewards Hub.
2.4 Coupon Ratio Adjustment
Only one coupon ratio can be applied per futures account at any given time.
If there are no positions or orders opened using Mega Coupon funds, users can switch to a different ratio. The system will automatically return the current Mega Coupons and recalculate the claimable amount under the new ratio.
If Mega Coupons are in use or there’re open positions or orders opened using Mega Coupon funds, users cannot switch the ratio. For more details, please refer to the tips displayed on the Mega Coupon page.
3. Claiming and Transfer Rules
3.1 Calculation Logic
The system calculates the claimable Mega Coupon amount based on users’ futures account balance and coupon ratio when conditions are met:
Claimable Mega Coupon = Futures Account Balance / (1 - Ratio) × Ratio
Additional Transfer In = Futures Account Balance / (1 - Ratio) × Ratio - Existing Mega Coupon Amount
Additional Transfer Out = Existing Mega Coupon Amount - Futures Account Balance / (1 - Ratio) × Ratio
3.2 Example
Assume Account A holds an 80% Mega Coupon worth 50 USDT in the Rewards Hub, valid until 2026/12/31 23:59:59.
4. How to Claim Mega Coupons Manually
Log in to CoinW → Go to Assets in the lower right corner of the futures trading page → In the Claim Mega Coupon sector, click View Details → Claim Mega Coupon to your futures account → Use your Mega Coupon when opening positions
5. Notes on the Upgraded Mega Coupons
Ratio-based merging is performed only in the Rewards Hub.
The upgraded Mega Coupons no longer have “transfer invalidation” restrictions.
To access the full functionality of the upgraded Mega Coupon, users need to update the app to version 10.1.21 . The Web version is fully available with no update required.
If you have any questions, please contact our customer service.
The CoinW Team