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Bounty Trading
Trade with free money on DXS!
If you just created a Fiorin wallet and you're wondering what Bounty rewards are, then you're in the right place! Bounty rewards are free money you can use to trade on DXS.
If you’re new to DXS get started here:
Bounty is rewarded every time a users deposits or withdraws USDC, USDT or DAI using Fiorin wallet.
- Traders who deposit USDC, USDT, or DAI into their Fiorin wallet receive a reward of 2x the Ethereum gas fee paid.
- Traders who withdraw USDC, USDT, or DAI from their Fiorin wallet receive a reward of 2x the Ethereum gas fee paid.
To trade on DXS, users must send USDC, USDT or DAI ERC20 tokens via the Ethereum network to their Fiorin wallet address. Visit ‘Getting Started’ for an easy walkthrough.
Any gas fees on any deposit or withdraw transaction will be converted into USD, multiplied by 2 and credited to the Trader’s Bounty Trading account on DXS. Traders earn this reward every time they deposit USDC, USDT or DAI into Fiorin.
For example, a trader pays $2.10 in gas fees to deposit USDT into Fiorin. The trader’s Bounty Trading account on DXS is immediately credited with $4.20
The Bounty Trading balance and the trader's Fiorin wallet balance are separate but are displayed alongside each other on the DXS account tab:
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When a trader attempts to open a position on DXS the system will automatically use the trader's Bounty Trading balance if it is greater than or equal to the required margin commitment.
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No. Only Bounty Trading profits are sent to the trader’s Fiorin wallet.
For example, if a trader opens a position using their Bounty Trading balance as the margin commitment, closing the position at a profit will result in the margin amount being returned to their Bounty Trading account (less any holding fees and/or liquidity fees) and the profit amount being sent directly to their Fiorin wallet.
Conversely, if a trader opens a position using their Bounty Trading balance as the margin commitment, closing the position at a loss will result in the margin amount being returned to their Bounty Trading account (less any holding fees and/or liquidity fees).
Absolutely:
- Logging into DXS for the first time with a Fiorin wallet earns traders a reward of 10 cents.
- Opening the first trade on DXS earns traders a reward of $1.
- Traders who open ten trades on DXS receive an additional reward of $5.
We will continue to add challenges so traders continue to have opportunities to earn rewards.
After logging into DXS using Fiorin wallet, simply go to the account menu and select ‘Bounty Challenges’:
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