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Binance Futures Fre Position Voucher

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Cryptocoins Exchanges / Binance 165 Views

Binance Futures Fre Position Voucher

Hi everyone,

I acquired a Binance Futures Free Place voucher and I’m a bit confused about how it truly works.

Details:

• 100 USDT Futures Free Position • ETHUSDT • 20x leverage • Isolated Margin 

From what I perceive, this can be a gifted margin by Binance to open a futures position (long or brief). Binance says that PnL is real and income could be withdrawn, however the margin itself just isn't withdrawable.

My questions are:

1. If I open the position and it goes towards me, can I lose any of my very own cash, or is the maximum loss just the voucher itself? 2. If I make a profit, can I safely withdraw that profit although I never deposited something? 3. Are there any hidden dangers I should concentrate on (charges, adverse stability, clawbacks, MiCA/EEA restrictions, and so on.)? four. What can be the lowest-risk means to make use of this voucher? 

I know futures are risky basically, but since this can be a “free position,” I need to ensure I’m not lacking one thing obvious.

Any recommendation from individuals who’ve used these vouchers before can be appreciated. Thanks!

submitted by /u/PreettyWeird
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