1.What is the Loss Protection Voucher for Copier?
1)The Loss Protection Voucher for Copier is issued by the official platform to enable users to explore Futures Copy Trading.
2)The voucher covers losses on your first copy trading position when used, until the position is closed by the lead trader.
2.How to claim/view the Loss Protection Voucher for Copier?
1)How to claim: Copy Trading Homepage
2)How to view: Gate App homepage > Top left corner profile > Vouchers > Available Vouchers > Loss Protection Voucher for Copier
3.Usage and Compensation Conditions of the Loss Protection Voucher for Copier
1)The voucher has a valid period, which can be used when copying designated traders in copy trading;
2)The voucher only covers the first position opened after starting copy trading with it;
3)Your position must remain in the copy until it closes and if the position is closed at a loss, the coverage will be triggered;
4)If you cancel the copy trading after using the voucher, the voucher will automatically become invalid, and the coverage will be voided.
4.Important Usage Instructions
Q1: Why did my voucher for Copier become invalid after I claimed it?
A1: The Loss Protection Voucher for Copier has a time limit before use. Please ensure that you use the voucher within its validity period. Once used in copy trading, the expiry date will no longer apply.
Q2: Why did my position incur a loss, despite being covered by the Loss Protection Voucher, and I didn’t receive compensation?
A1: Compensation only applies to losses caused by the lead trader’s manual or forced position closure.
1)Manual Closure: The lead trader voluntarily closes the position, and the user follows suit by closing their position.
2)Forced Closure: This occurs when the lead trader’s position is liquidated, such as in cases of insufficient margin or other uncontrollable factors, and the user’s position is subsequently closed as well.
A2: Compensation is not provided for other factors, including but not limited to the following scenarios:
1)The user voluntarily stops copying trading;
2)When the user starts copying the lead trader, and the trader neither opens a position nor maintains the copy trading relationship with the user.
*The voucher is now available on the app, with the web version coming soon. Stay tuned!
5.Disclaimer
1)If malicious coupon exploitation or other fraudulent activities are discovered, the platform reserves the right to take strict action against the involved accounts;
2)Gate reserves the final interpretation rights of the Loss Protection Voucher for Copier.