BYDFi Bonus Mechanism Upgrade Announcement (2025/05/20)

Dear BYDFi User,

To enhance trading flexibility and improve capital efficiency, BYDFi will upgrade the perpetual contract bonus mechanism. This update includes optimizations to the bonus distribution process, usage logic, and deduction rules.

To support this upgrade, system maintenance is scheduled around  2025/05/20 10:00 (UTC+8), and is expected to last approximately 2 hours. (Exact timing may vary depending on system conditions.)

⚠️ Important Notice:

1. Perpetual contract trading will be temporarily unavailable, including futures grid trading and copy trading.

2. Users will be unable to open or close positions during this period.

3. All positions in the Bonus Wallet will be force-closed, while positions in the USDT Wallet will remain unaffected. Please adjust your funds and positions in advance.

🚀 Key Highlights of the Bonus Upgrade:

1. Bonus will be issued to the default contract wallet, supporting only USDT-M contracts.

2. Can be used to offset trading fees and margin (up to 50% each).

3. Supports only One-Way mode; leverage may be limited if total assets are insufficient.

4. Bonus will be automatically reclaimed upon expiration. If funds are insufficient, the system will first cancel pending orders, then force-close positions.

5. The original Bonus Wallet will be disabled (transfer-out only).

– Valid bonus ≥ 1 USDT will be auto-transferred to the default wallet within 1 day.

– Bonus < 1 USDT will not be transferred. Any remaining cash must be manually withdrawn by the user.

📘 For full details, please refer to the announcement: Read More

We appreciate your support and understanding as we work to enhance your trading experience. If you have any questions, feel free to contact our support team anytime.

In case of any discrepancies between translated versions and this original English announcement, the English version shall prevail.

BYDFi Team
2025/05/12