Preface

With the rapid development of the cryptocurrency market, more and more trading platforms have launched the function of contract experience funds, aiming to help novice users familiarize themselves with trading operations, reduce entry barriers, and provide relevant information about contract experience funds.

What is Contract Trial Fund?

Contract experience funds can be used for contract trading margin, offsetting account losses, transaction fees, and funding costs. Gate.io’s contract experience funds are designed to provide a risk-free environment for new and old users to experience product features in real trading.

The difference between real money trading

The biggest difference between contract experience funds and real fund trading lies in the nature of the funds and the risk-taking. Contract experience funds are virtual funds, and users will not face the risk of fund loss during the use. Real fund trading, on the other hand, involves users investing their own funds for trading and needing to bear corresponding profit and loss risks. The trading results of contract experience funds will not affect the user’s actual assets, while real fund trading will directly lead to changes in assets.

The role and advantages of contract experience funds

1. Lower the user threshold
   For users who are new to the cryptocurrency market, contract trading has a certain level of complexity and risk. Contract trial funds lower the threshold for users to try contract trading by providing virtual funds, allowing users to gradually understand and master the basic knowledge and skills of contract trading without financial pressure.

2. Improve user experience
   Contract trial funds create a risk-free trading environment for users. Users can freely try different trading strategies, analyze market trends, and experience the fun and challenges of trading. This experience helps to enhance users’ satisfaction and loyalty to the platform, making them more willing to engage in long-term trading activities on the platform.

3. Accumulated trading experience
   Through the simulated trading of contract trial funds, users can accumulate valuable trading experience, learn how to make correct trading decisions in market fluctuations, which is of great significance for the growth and improvement of users’ trading skills, and helps users better avoid risks and seize investment opportunities in future actual trading.

How do I receive the trial fund?

1. Gate.io contract trial funds will be distributed in the form of USDT or BTC
2. Users can view the contract experience funds obtained through designated business activities in the contract trading area.

3. Users can view the experience gold received in the contract account on the contract trading page, asset page, or wallet.

(Coupon Center / Contract Trading Page / Asset Page / Wallet)

4. Experience funds can be used directly as trading principal, acting as collateral for contract trading or offsetting account losses, trading fees, and funding costs.

Welfare Center

1. Click on the ‘Welfare Center’ in the guide bar at the top of Gate.io to enter the Welfare Center.

2. Participate and complete challenge tasks and welfare tasks to earn points

3. By accumulating points, you can redeem rewards (point cards, VIP experience, contract experience coupons, etc.)

How to deduct contract trial funds?

1. When there is only contract trial funds in the contract account, the trial funds can be directly used as the trading principal, serving as the contract trading margin or offsetting account losses, trading fees, and funding costs; when the user’s contract account has its own funds, the trial funds only offset the closing position losses.
2. The profits obtained from trading with experience funds can be withdrawn.

Example of Usage Scenarios

Example 1: User A has 50 USDT funds and 100 USDT experience funds in the account. After the first trade loses 80 USDT, the experience funds will be deducted first, leaving 20 USDT experience funds. After the second trade earns 20 USDT, the experience funds remain the same, and the self-owned funds become 70 USDT. The profit can be withdrawn.

Example 2: User B receives 5 USDT trial funds, and the trading generates a profit of 10 USDT. If subsequent trading generates a profit of -18 USDT, the actual withdrawal amount is 5 + 10 - 18 = -3 USDT.

Usage restrictions for contract experience funds

Deduction Rules

• When there is only contract experience fund in the contract account, the experience fund can be directly used as trading capital.
• If there are self-owned funds in the account, the experience funds can only be used to offset the losses from closing positions.
• The profit obtained from trading with experience gold can be supported for withdrawal.

Validity Period and Limitations

• The experience funds obtained from the contract will be valid for 7 days, and any unused portion will be automatically withdrawn upon expiration.
• The user’s spot account assets must be ≥ 0.0001 BTC to claim the contract trial fund.
• The experience funds cannot be withdrawn.
• Sub-accounts are not eligible for experience bonus activities.

Matters needing attention

• Experience gold cannot be withdrawn or transferred out of the account, and can only be used for specified contract trading.
• Any malicious use or withdrawal of experience funds may result in account restrictions.
• Understand the rules and restrictions to avoid losses caused by improper operations.

Summary

Contract experience funds provide a safe and effective way for beginners to engage in cryptocurrency trading. They can be used for contract trading margins, offsetting account losses, transaction fees, and funding costs. Compared to trading with real funds, contract experience funds do not expose users to the risk of capital loss. By using this tool reasonably, users can not only reduce risks but also accumulate experience in practice.

Gate.io contract trading market, instant trading:https://www.gate.io/en/futures/USDT/BTC_USDT