Advanced Bonus FAQ
What is OrangeX Advanced Bonus?
How to Obtain OrangeX Advanced Bonus?
How Can the Advanced Bonus be Utilised?
3.2) How can Advanced Bonus be used?
OrangeX Advanced Bonus can be employed to cover potential trading losses and serve as position margin, including for trading margins, trading fees, and funding. The Advanced Bonus itself cannot be withdrawn.However, profits earned from trading using the Advanced Bonus can be withdrawn in accordance with the stipulated terms and usage rules.
3) How much Advanced Bonus can count toward Total Equity?
The amount of Advanced Bonus counted cannot exceed the amount of Account Principal counted. This means the Account Principal-to-Advanced Bonus ratio should be at least 1:1. As a result, only the portion of Advanced Bonus that is matched by Account Principal can be counted toward Total Equity.
Cross-Margin Mode — Examples for your reference
1. Under all Existing Liquidation Mechanism
Under the normal liquidation mechanism:
Account Equity − Maintenance Margin < 0 → Liquidation may be triggered
For example:
- Account Principal: 1,000 USDT
- Advanced Bonus: 500 USDT
- Total Position UPnL: −1,450 USDT
- Total Position Maintenance Margin: 50 USDT
Total Equity = Account Principal 1000 + Eligible Advanced Bonus 500 + ∑(Position UPnL - 1450) - ∑(Position Maintenance Margin 50USDT)= 0 USDT = > liquidation
2. When the account’s Advanced Bonus exceeds the Account Principal.
Case 1: Account Principal ≥ Advanced Bonus No changes and impact.
For example:
- Account Principal: 1,000 USDT
- Advanced Bonus: 500 USDT
- Eligible Advanced Bonus: 500 USDT
- The full amount of the Advanced Bonus remains eligible for the Total Equity calculation.
- Total Equity = 1,000 + 500 + (−1,450) − 50 = 0 USDT
Therefore, there is no change to the liquidation threshold compared with the existing mechanism.
Case 2: Account Principal < Advanced Bonus
For example:
- Account Principal: 1,000 USDT
- Advanced Bonus: 1,100 USDT
- Eligible Advanced Bonus: 1,000 USDT
Under the 1:1 Account Principal-to-Advanced Bonus ratio, only 1,000 USDT of the Advanced Bonus is eligible to be included in Total Equity.
Total Equity = Account Principal 1000 + Eligible Advanced Bonus 1000 + ∑(Position UPnL - 1950) - ∑(Position Maintenance Margin 50USDT)
So in this case, the UPL reaches - 1950 USDT will trigger liquidation, and the remaining 100 USDT bonus doesnt account for eligible bonus amount.
Can I Claim and Use Both Bonus and Advanced Bonus Simultaneously?
Usage Instructions for OrangeX Advanced Bonus
- Participate in platform campaigns, trading competitions, or airdrop events to earn Advanced Bonus rewards.
- The Advanced Bonus will be allocated to your "My Rewards" section upon qualifying. You need to manually claim it before use.
- The advanced bonus in the 'My Reward' cannot be claimed when you have an open position.
- All trading fees, funding fees and margin requirements will be deducted from your principal balance first.
- The Advanced Bonus will only be deducted after your principal is depleted.
- All Advanced Bonus will be reclaimed upon the transfer/withdrawal and become unusable.
- If a profit is realized upon closing a position, the full profit amount will be added to the principal, which can be withdrawn.
- Each user may only hold either the Bonus or Advanced Bonus (not both simultaneously).
- This system is designed to ensure fair distribution to genuine traders.
- System automatically enforces the principal-first deduction rule.
- Position Size = (Principal + Bonus) × Leverage
- Fees are then applied to this total position value
- Balance: If the remaining balance is still in the account, that advanced bonus will become invalid and cannot be used.
- Pending Orders: If the advanced bonus is being used for pending orders, the system will automatically cancel those orders that are occupying the advanced bonus. After the cancellation, the advanced bonus will become invalid and cannot be used.
- Positions: If the advanced bonus has been used in positions but is not yet closed, it will become invalid after you close those positions.
- Position liquidation: In the cross mode, after the advanced bonus becomes invalid, it may affect your position liquidation price. Please monitor the changes in the liquidation price of your positions to avoid losses from forced liquidation.