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<p><img src="https://uploads.bydfi.in/events/cms/BYD.1765275799470.image.png" alt="BYD.1765275799470.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1765275799470.image.png" style=""/></p><p>At BYDFi, users can earn various rewards through our platform events, promotions, and the Rewards Hub. Each reward type serves a different purpose and applies to specific products. Below is an overview and comparison to help you better understand how each reward can be used.</p><p><br></p><h2><strong>1. Bonus</strong></h2><p><strong>Applicable Products:</strong> USDⓈ-M Futures</p><p><strong>Usage:</strong></p><ul><li>Used to offset part of the margin and trading fees.</li></ul><p><strong>Limitations:</strong></p><ul><li>Cannot be used alone to open positions.</li><li>Cannot be used to cover funding fees or liquidation fees.</li></ul><p><strong>Withdrawable:</strong></p><ul><li>The bonus itself is non-withdrawable.</li><li>However, profits generated from using the bonus can be withdrawn.</li></ul><p><br></p><h2><strong>2. Coupon</strong></h2><p><strong>Applicable Products:</strong> USDⓈ-M Futures</p><p><strong>Usage:</strong></p><ul><li>Used exclusively to offset trading fees.</li></ul><p><strong>Limitations:</strong></p><ul><li>Cannot be used alone and cannot serve as margin.</li></ul><p><strong>Withdrawable:</strong></p><ul><li>Non-withdrawable.</li></ul><p><br></p><h2><strong>3. Cash Voucher</strong></h2><p><strong>Applicable Products:</strong> All products</p><p><strong>Usage:</strong></p><ul><li>Can be used for trading or withdrawn directly as cash.</li></ul><p><strong>Limitations:</strong></p><ul><li>No usage limitations.</li></ul><p><strong>Withdrawable:</strong></p><ul><li>Fully withdrawable.</li></ul><p><br></p><h2><strong>4. Trading Voucher</strong></h2><p><strong>Applicable Products:</strong> USDⓈ-M Futures</p><p><strong>Usage:</strong></p><ul><li>Rewards users when the bound position meets the profit requirement.</li></ul><p><strong>Limitations:</strong></p><ul><li>Cannot offset margin or trading fees.</li><li>Bound position size must be greater than the voucher amount.</li><li>Only applicable to new positions bound with the voucher.</li></ul><p><strong>Withdrawable:</strong></p><ul><li>Withdrawable once the required profit criteria are met.</li></ul><p><br></p><h2><strong>5. Copy Loss Protection Voucher</strong></h2><p><strong>Applicable Products:</strong> Copy Trading</p><p><strong>Usage:</strong></p><ul><li>Covers the first copy trading loss within the specified conditions.</li></ul><p><strong>Limitations:</strong></p><ul><li>Maximum loss coverage equals the value of the voucher.</li><li>Only supports Smart Copy Trading.</li><li>Only applies to the first new position after the voucher is claimed.</li></ul><p><strong>Withdrawable:</strong></p><ul><li>Non-withdrawable.</li></ul><p><br></p><h2>Reward Comparison Overview</h2><table style="width: auto;"><tbody><tr><th colspan="1" rowspan="1" width="92.37" style="text-align: center;">Reward <br>Type</th><th colspan="1" rowspan="1" width="144.35" style="text-align: center;">Applicable <br>Products</th><th colspan="1" rowspan="1" width="184.59" style="text-align: center;">Usage</th><th colspan="1" rowspan="1" width="193" style="text-align: center;">Limitations</th><th colspan="1" rowspan="1" width="152.31" style="text-align: center;">Withdrawable</th></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;"><strong>Bonus</strong></td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">USDⓈ-M Futures</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Offset part of margin &amp; <br>trading fees</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Cannot be used alone; <br>cannot cover funding &amp; <br>liquidation fees</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Bonus non-withdrawable; <br>profits withdrawable</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;"><strong>Coupon</strong></td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">USDⓈ-M Futures</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Offset trading fees</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Cannot be used alone</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Non-withdrawable</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;"><strong>Cash <br>Voucher</strong></td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">All</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Trading or direct withdrawal</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">None</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Withdrawable</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;"><strong>Trading <br>Voucher</strong></td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">USDⓈ-M Futures</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Reward issued when bound <br>position meets profit target</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Cannot offset margin/fees; <br>position size must exceed <br>voucher value</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Withdrawable upon <br>meeting profit criteria</td></tr><tr><td colspan="1" rowspan="1" width="auto" style="text-align: center;"><strong>Copy Loss <br>Protection <br>Voucher</strong></td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Copy Trading</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Covers first copy trade loss</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Limited to voucher amount; <br>Smart Copy only</td><td colspan="1" rowspan="1" width="auto" style="text-align: center;">Non-withdrawable</td></tr></tbody></table><p><br></p><h2>How to Check Your Rewards</h2><p>You can view your rewards under <strong>My Rewards</strong> within the BYDFi App or Web:</p><ul><li>Available – Rewards you can use now</li><li>Used – Rewards already applied</li><li>Expired – Rewards that are no longer valid</li></ul>

Differences Between Each Reward Type on BYDFi

Reward Type Differences on BYDFi｜BYDFi Help Center

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1764237006574.image.png" alt="BYD.1764237006574.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1764237006574.image.png" style="width: 100%;"/></p><p>To reduce copy-trading risks and improve the Smart Copy experience, BYDFi has introduced the Copy Loss Protection Voucher. When eligible conditions are met, the voucher compensates losses on the first Smart Copy position opened after activation — giving you a safer and more secure copy-trading experience.</p><p>Below are the most common questions and answers to help you understand how the Copy Loss Protection Voucher works:</p><p><br></p><h2><strong>1. Why didn’t my copy trade receive compensation?</strong></h2><p>The Copy Loss Protection Voucher only supports Smart Copy. If you are using Diverse Follow, the voucher will not apply.</p><p><br></p><h2><strong>2. Why didn’t my first copy trade get compensated after receiving the voucher?</strong></h2><p>Reason: The voucher only protects the first Smart Copy position opened after claiming the voucher.</p><p>If your first copy-traded position already existed before claiming the voucher, it is not eligible for compensation.</p><p><br></p><h2><strong>3. Why does compensation sometimes cover only the first trade, and sometimes cover later trades too?</strong></h2><p>Because the voucher protects the entire copy-trading position under the following logic:</p><ul><li>If you copy the same trader and open positions in the same trading pair, the system treats them as one combined strategy position.</li><li>Any additional entries (add-ons) within that protected position also qualify.</li><li>This is why both the first and second positions may be covered.</li></ul><p>However: Copying a different trader or different trading pair is not covered.</p><p><br></p><h2><strong>4. Why didn’t I receive compensation for the full loss amount?</strong></h2><p>Compensation follows these rules:</p><ul><li>If loss &gt; voucher amount → compensation = voucher amount (maximum)</li><li>If loss &lt; voucher amount → compensation = actual loss</li></ul><p>📌 The voucher does not provide unlimited compensation. It compensates up to the voucher value only.</p><p><br></p><h2><strong>5. When will compensation be paid?</strong></h2><p>Once conditions are met, compensation is issued <strong>daily at 02:00 (UTC)</strong> to your Copy Wallet.</p><p><br></p><h2><strong>6. Can a voucher be used for multiple positions?</strong></h2><p>No. One voucher only protects one copy-trading position (same trader + same trading pair).</p><p><br></p><h2><strong>7. Can I rebind or change the protected position?</strong></h2><p>No. The voucher automatically binds to the first newly opened Smart Copy position after claiming it. Once bound, it cannot be changed.</p><p><br></p><h2><strong>8. If I have multiple vouchers, which one will be bound first?</strong></h2><p>Binding priority:</p><ul><li>Voucher with the earliest expiry date</li><li>If expiry is the same → voucher received earlier binds first</li></ul><p><br></p><h2><strong>9. When does the voucher become invalid?</strong></h2><p>The voucher becomes invalid if:</p><ul><li>No position is opened before expiry</li><li>The bound position remains open when the voucher expires</li><li>You switch from follower → trader</li><li>The position closes with a profit (no loss to compensate)</li><li>The position existed before claiming the voucher (not eligible)</li></ul><p><br></p><h2><strong>10. Why didn’t the voucher bind even though I opened a new position?</strong></h2><p>Common reasons include:</p><ul><li>The trading pair already had an open position (not a new position)</li><li>Your role is Trader, not Follower</li><li>The voucher has expired or is invalid</li><li>The order was not executed via Smart Copy</li></ul><p><br></p><h2><strong>11. My protected position was liquidated. Can it still be compensated?</strong></h2><p>Yes, but depending on the liquidation scenario:</p><h3><strong>Multi-pair simultaneous liquidation</strong></h3><ul><li>Loss is calculated using bankruptcy price</li><li>No additional liquidation fees counted</li><li>Compensation applies if other conditions are met</li></ul><h3><strong>Single-pair liquidation</strong></h3><ul><li>Standard liquidation fees are included in the loss</li><li>Compensation applies based on total loss</li></ul><p><br></p><h2><strong>Conclusion</strong></h2><p>The Copy Loss Protection Voucher is a powerful risk-control tool that makes Smart Copy trading safer and more beginner-friendly. Understanding the rules and scenarios above will help you better determine whether your positions qualify for compensation.</p><p><br></p><p>If you have further questions, feel free to contact the <a href="mailto:cs@bydfi.com" target="_blank">BYDFi Support Team</a> — we’re always here to help!</p>

BYDFi Copy Loss Protection Voucher FAQ

BYDFi Copy Loss Protection Voucher FAQ｜BYDFi Help Center

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1764237293036.image.png" alt="BYD.1764237293036.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1764237293036.image.png" style="width: 100%;"/></p><p>A <strong>Trading Voucher</strong> is a reward issued by BYDFi for <strong>USDⓈ-M Futures trading</strong>.<br><br>When a user meets the required <strong>profit conditions</strong>, the voucher amount becomes <strong>withdrawable as cash</strong>.<br><br>If the requirement is not met, the voucher <strong>expires and is reclaimed</strong>.</p><p>Trading Vouchers are designed to <strong>motivate futures traders</strong> and provide <strong>additional rewards</strong> for profitable strategies.</p><p><br></p><h2><strong>Definition of the Trading Voucher</strong></h2><h3><strong>1. Supported Scope</strong></h3><ul><li>Only for USDⓈ-M Futures (USDT-M / USDC-M)</li><li>Not supported for COIN-M Futures</li></ul><h3><strong>2. Nature of the Voucher</strong></h3><ul><li>Does not increase available balance or wallet assets</li><li>Each voucher can be used once</li><li>Each position can bind only one voucher</li></ul><h3><strong>3. Cannot Open a Position Independently</strong></h3><ul><li>Cannot open a position alone</li><li>Must be paired with user funds (including Bonus)</li></ul><h3><strong>4. Not Affected by Fund Transfers</strong></h3><ul><li>Once bound, transferring funds out does not invalidate the voucher</li></ul><p><br></p><h2><strong>How the Voucher Takes Effect (Profit Conditions)</strong></h2><p>A voucher becomes withdrawable when the <strong>total PnL</strong><br><br>(<strong>including fees & funding fees</strong>) reaches the required <strong>profit multiple</strong>.</p><ul><li>If criteria are met → Voucher amount is credited to W001 Wallet</li><li>If not met → User bears losses → Voucher is canceled & reclaimed</li></ul><p><br></p><h2><strong>Voucher Binding Rules</strong></h2><h3><strong>1. Bound to the Position (Not Orders)</strong></h3><ul><li>Withdrawable status depends on overall position PnL</li></ul><h3><strong>2. Supports Adding Margin</strong></h3><ul><li>Adding to the position is allowed if the position was opened with a voucher</li><li>If the position existed before claiming → cannot bind</li></ul><h3><strong>3. Binding Requirements</strong></h3><ul><li>Initial margin ≥ voucher amount</li><li>Only market or limit orders can bind</li><li>Stop-limit / stop-market TP/SL orders cannot bind</li><li>Only when no existing position is present</li></ul><p>If a pending order is filled while a position already exists:<br><br>→ Binding is canceled<br><br>→ Voucher becomes available again</p><h3><strong>4. Forced FOK (Fill-or-Kill) Mode</strong></h3><ul><li>All voucher-bound limit/market orders use FOK</li><li>Ensures binding only to a new position</li></ul><h3><strong>5. Expiration Does Not Affect Positions</strong></h3><ul><li>When a voucher expires, only the voucher is removed</li><li>Position remains active</li></ul><p><br></p><h2><strong>Display Rules for Positions and Orders</strong></h2><h3><strong>1. Voucher Icons</strong></h3><ul><li>Voucher-bound positions show a voucher icon</li><li>Icon remains even if the voucher expires or becomes invalid</li></ul><h3><strong>2. Tap-to-View Details</strong></h3><p>Shows:</p><ul><li>Voucher amount</li><li>Voucher status</li><li>Required profit target</li><li>Expiration countdown</li></ul><h3><strong>3. Leverage Adjustment</strong></h3><ul><li>Changing leverage does not affect voucher validity</li></ul><p><br></p><h2><strong>Withdrawal Conditions (Isolated & Cross Mode)</strong></h2><h3><strong>Isolated Mode</strong></h3><ul><li>Position total profit ≥ sum of initial margins of all opening orders</li></ul><h3><strong>Cross Mode</strong></h3><ul><li>Position total profit ≥ sum of initial margins (based on average entry price)</li></ul><h3><strong>After Meeting Requirements</strong></h3><ul><li>Withdrawable amount credited to W001 Wallet after closing the position</li></ul><p><br></p><h2><strong>When a Voucher Becomes Invalid</strong></h2><p>A voucher becomes invalid when:</p><ul><li>Profit requirement is not met</li><li>Voucher expires</li><li>Bound opening order is canceled</li><li>Position closes without meeting profit criteria → reclaimed</li></ul><p><br></p><h2><strong>Situations Where Vouchers Cannot Be Used</strong></h2><p>Vouchers <strong>cannot</strong> bind when:</p><ul><li>Using chart-drawing order placement</li><li>Trying to bind to an existing position</li><li>Using stop-limit / stop-market TP/SL orders</li><li>Initial margin &lt; voucher value</li></ul><p><br></p><h2><strong>Summary</strong></h2><p>The <strong>Trading Voucher</strong> is a strategic incentive designed for <strong>USDⓈ-M Futures</strong> traders on BYDFi.<br><br>When the required profit is achieved, the voucher becomes <strong>withdrawable as cash</strong>, providing extra trading rewards.</p><p>With <strong>strict binding rules</strong>, <strong>FOK execution</strong>, and <strong>transparent withdrawal requirements</strong>, Trading Vouchers help boost trading motivation while preventing abuse and arbitrage.</p>

What Is BYDFi Trading Voucher

What Is a Trading Voucher?｜BYDFi Help Center

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1764237892630.image.png" alt="BYD.1764237892630.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1764237892630.image.png" style="width: 100%;"/></p><p>To help users better understand how Trading Vouchers work—and avoid common binding or withdrawal issues—we’ve compiled the following FAQ.<br><br>This guide will help you quickly grasp voucher binding conditions, withdrawal criteria, expiration rules, and various exceptional situations, ensuring a smoother experience when using Trading Vouchers in USDⓈ-M Futures trading.</p><p><br></p><h2><strong>1. I have a Trading Voucher and my opening margin meets the requirement. Why can’t I select the voucher?</strong></h2><p>Possible reasons:</p><ul><li>Your Bonus balance exceeds the allowable range, and the current position mode supports using Bonus, making the voucher unavailable.</li><li>There is already an open position in the same trading pair, which does not meet the “new position” requirement.</li><li>The voucher has already been successfully bound to another position.</li></ul><p><br></p><h2><strong>2. Why was my voucher bound to the order initially, but not bound after the order was filled?</strong></h2><p>At the moment the order is filled, the system re-checks whether a position already exists.<br><br>If a position is detected, the voucher binding becomes invalid.</p><p><br></p><h2><strong>3. Why did my market order fail to bind the voucher even though I selected it before placing the order?</strong></h2><p>Possible reasons:</p><ul><li>At the moment of execution, the system detected an existing position → voucher binding becomes invalid.</li><li>Market volatility caused the actual opening margin to fall below the voucher value, making the order ineligible for binding.</li></ul><p><br></p><h2><strong>4. Why can't I use a USDC voucher on a USDT contract?</strong></h2><ul><li>USDC vouchers → Only for USDC contracts</li><li>USDT vouchers → Only for USDT contracts</li></ul><p><br></p><h2><strong>5. I’ve reached 3× profit, but the system says I haven’t met the withdrawal requirement. Why?</strong></h2><p>The profit multiplier is calculated using total initial margin across all opening entries, including any added margin.</p><p>Example:</p><ul><li>Initial opening margin: 110U</li><li>Added margin: 100U</li><li>Total margin = 210U Required profit = 3 × 210U = 630U</li></ul><p><br></p><h2><strong>6. My position's current margin is only 10U, but I already earned 35U. Why can’t I withdraw?</strong></h2><p>Profit requirements are based on the initial margin at the time of opening, not the latest margin after funding/fee deductions.</p><p>Example:</p><ul><li>Isolated ETHUSDT, size 0.1, price 3000, 10× leverage</li><li>Initial margin = 30U Even if the margin later drops to 10U due to fees, withdrawal requirement = 3 × 30U = 90U, not based on the new margin.</li></ul><p>Cross mode follows the same logic.</p><p><br></p><h2><strong>7. All conditions are met—why can't my order bind the voucher?</strong></h2><h3>Possible reasons:</h3><p><strong>Manual Binding Mode:</strong></p><ul><li>Orders using vouchers are submitted as FOK (Fill-or-Kill).</li><li>If FOK cannot fully execute → the order is canceled → voucher cannot bind.</li></ul><p><strong>Auto Bind Mode:</strong></p><ul><li>System still attempts FOK execution.</li><li>If FOK succeeds → voucher binds successfully.</li><li>If FOK fails → the order becomes a normal limit order in the order book, but cannot bind a voucher.</li></ul><p><br></p><h2><strong>8. Why can’t I bind a voucher when opening a inverse position?</strong></h2><ul><li>If Auto-Binding is enabled → voucher will bind if all conditions are met.</li><li>If Manual Binding is enabled → inverse orders will never bind vouchers, even if eligible.</li></ul><p><br></p><h2><strong>9. Why does my voucher show “Canceled” after I cancel an order?</strong></h2><p>Because the voucher was bound to that order. When you cancel the order, the voucher binding is also canceled and can be bind to other position.</p><p><br></p><h2><strong>10. Why does my position remain open after the voucher expires?</strong></h2><p>Voucher expiration only removes the voucher itself. It does not affect your position, which continues to operate normally.</p>

BYDFi Trading Voucher FAQ

BYDFi  Trading Voucher FAQ｜BYDFi Help Center

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1764236808344.image.png" alt="BYD.1764236808344.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1764236808344.image.png" style="width: 100%;"/></p><p>A Copy Loss Protection Voucher is a platform-issued compensation voucher designed for <strong>Smart Copy</strong> trading. When eligible conditions are met, the voucher can compensate actual losses generated from copy-traded positions, helping users reduce risk and copy trade with greater confidence.</p><p><br></p><h2><strong>Feature Definition</strong></h2><h3><strong>1. Usage Scenario</strong></h3><ul><li>Only applicable to Smart Copy</li><li>Not applicable to Diverse Follow</li></ul><h3><strong>2. Protection Mechanism</strong></h3><p>After receiving the voucher, if the first Smart Copy position opened after voucher activation incurs a loss, the loss will be compensated.</p><p>Compensation covers:</p><ul><li>Order PnL</li><li>Trading fees</li><li>Funding fees</li><li>Liquidation costs (based on rules)</li></ul><h3><strong>3. Special Liquidation Rules</strong></h3><ul><li>Multi-pair simultaneous liquidation: Loss settled at bankruptcy price; no additional liquidation fees counted</li><li>Single-pair liquidation: Normal liquidation fees included in compensation</li></ul><h3><strong>4. Restrictions</strong></h3><ul><li>One voucher can only protect one copy trade position</li><li>Voucher usage is restricted to followers only; traders are not eligible.</li></ul><p><br></p><h2><strong>How to Obtain a Copy Loss Protection Voucher</strong></h2><p>Vouchers are issued to your Copy Wallet, and compensation is also paid into your Copy Wallet.</p><h3><strong>Ways to Obtain</strong></h3><p><strong>Event Rewards</strong></p><ul><li>The voucher can be claimed after completing specified event tasks</li></ul><p><br></p><h2><strong>Usage Rules</strong></h2><h3><strong>1. Compensation Conditions</strong></h3><ul><li>Only the first Smart Copy position opened and later closed with a loss (after voucher activation) is eligible</li><li>Compensation amount: capped at the voucher amount</li></ul><h3><strong>2. Opening & Validity Period</strong></h3><p>The protected position must <strong>open & close</strong> within the voucher’s valid period.</p><ul><li>Not opened → invalid</li><li>Opened but not closed before expiry → invalid</li></ul><h3><strong>3. Compensation Distribution</strong></h3><ul><li>Compensation is issued daily at 02:00 UTC to your Copy Wallet</li></ul><h3><strong>4. Position-Binding Rules</strong></h3><p>The voucher is automatically bound to the first newly opened Smart Copy position after the voucher is claimed.</p><ul><li>Once bound, it cannot be changed</li><li>If multiple vouchers exist, binding priority is: Earlier expiry. If expiry is identical → earlier received voucher binds first</li></ul><h3><strong>5. Expiry Conditions</strong></h3><p>A voucher becomes invalid if:</p><ul><li>No position is opened before the voucher expires</li><li>The bound position remains open after voucher expiry</li><li>The follower becomes a trader</li><li>The position closes with a profit (no loss to compensate)</li></ul><h3><strong>6. Binding Logic Examples</strong></h3><h4><strong>Scenario 1</strong></h4><p>After claiming the voucher, you follow Trader A:</p><ul><li>Position 1: BTCUSDT (open)</li><li>Position 2: BTCUSDT (open) ➡ Both are under Trader A and treated as the same protected position.</li></ul><h4><strong>Scenario 2</strong></h4><p>After claiming the voucher, you follow Trader A:</p><ul><li>Position 1: BTCUSDT (closed)</li><li>Position 2: BTCUSDT (new open) ➡ Only Position 1 is covered.</li></ul><h4><strong>Scenario 3</strong></h4><p>After claiming the voucher:</p><ul><li>Follow Trader A: BTCUSDT (open)</li><li>Follow Trader B: BTCUSDT (open) </li></ul><p>➡ Only Trader A’s position is covered.</p><h4><strong>Scenario 4</strong></h4><p>You already followed Trader A and opened Position 1 <em>before</em> claiming the voucher:</p><ul><li>Position 1: BTCUSDT (open)</li><li>Claim voucher</li><li>Position 2 opened afterward </li></ul><p>➡ Neither position is eligible for coverage.</p><p><br></p><h2><strong>Summary</strong></h2><p>The Copy Loss Protection Voucher is a risk-reducing tool designed specifically for <strong>Smart Copy</strong> users. It reimburses eligible losses on the first new copy-traded position opened after voucher activation.<br><br>With clear binding rules, compensation logic, and defined expiry conditions, this voucher helps followers manage risk and build confidence in their copy-trading journey on BYDFi.</p>

What Is BYDFi Copy Loss Protection Voucher

Copy Loss Protection Voucher｜BYDFi Help Center