Search
Log InSign Up
Perpetual Position Voucher
Updated on 2026/10/30

The OrangeX.com Perpetual Position Voucher is here. After claiming a position voucher, you can use it to trade USDT perpetual contracts under the specified conditions, without providing your own funds as margin for the position.


Key points


  • Each position voucher is valid for one specified trading pair.
  • The notional value, leverage, and holding period are shown on the position voucher and campaign page. These cannot be changed when opening a position.
  • Positions can only be opened with market orders and use isolated margin. Voucher positions do not incur funding fees; trading fees are covered by the voucher.
  • Claim the position voucher during the claim period and open a position before the usage period expires.
  • When the holding period ends, the system automatically closes the position at market price.
  • Voucher trading does not count toward relevant campaign trading volume, VIP status, leaderboards, rebates, or partner settlements.
  • Only profits from a position closed at a profit using a position voucher can be withdrawn.

Before opening a position, carefully review the voucher details, eligible trading pair, validity periods, and on-screen notices.



2. FAQ

Q1: What is a Perpetual Position Voucher? A: It’s a voucher for trying out USDT perpetual contract trading on a specified trading pair. The voucher details show the eligible trading pair, notional value, leverage, and validity period.


Q2: Do I need to use my own funds to use a voucher? A: No. You can use a position voucher without using your own funds. The voucher margin for the position is not included in your available balance. Only profits from a position closed at a profit using the voucher can be withdrawn.


Q3: Can I use the voucher to trade any contract? A: No. Each voucher is valid for only one specified trading pair. Please check the voucher details for the eligible pair.


Q4: Can I change the leverage or notional value? A: No. The leverage and notional value are fixed in the campaign configuration and cannot be changed when opening a position.


Q5: Can I use a limit order with the voucher? A: No. Voucher positions can only be opened with market orders.


Q6: Are funding fees charged for voucher positions? A: Voucher positions do not incur funding fees. Trading fees are covered by the voucher.


Q7: When does the voucher expire? A: Check the claim period, usage period, and holding period separately. Once the claim period expires, the voucher can no longer be claimed. Once the usage period expires, you can no longer open a position with it. When the holding period ends, the system automatically closes the position at market price.


Q8: Can I close the position early? A: Yes. After opening a position with the position voucher, you can choose to close it manually before the holding period expires.


Q9: Why doesn’t voucher trading count toward campaign trading volume or rebates? A: Voucher trading is tracked separately from regular trading. It does not count toward relevant campaign trading volume, VIP status, leaderboards, rebates, or affiliate partner settlements.


Q10: Can I withdraw profits after closing the position? A: Yes. Profits from a position closed at a profit using a position voucher can be withdrawn.


Q11: Can I use a position voucher together with other position vouchers, Bonuses, or Coupons? A: No. Position vouchers cannot be used together with Bonuses or Coupons. If you hold another Bonus or Coupon, you will be unable to claim a position voucher.


Q12: Where can I view my voucher and trading records? A: You can check the voucher status and validity period in the "My rewards". Related trading information is available in your perpetual positions, position history, and order or trade history. The exact information displayed may vary between the App and Web.