🏆Bounty Trading

If you’re new to DXS get started here:

If you just signed into DXS for the first time, with Metamask, Trust Wallet or Fiorin, you'll notice you have a Bounty Balance. Your Bounty Balance is free money you can use to trade on DXS:

How do I get Bounty?

10c of Bounty is credited when a trader creates an account on DXS using Metamask, Trust Wallet or Fiorin

Traders can earn further Bounty rewards by completing challenges:

• $1 to open your first trade

• $2 when you open your 10th trade

• $5 when you share a trade on social media

Additionally, Bounty is awarded every time a users deposits or withdraws USDC, USDT or DAI

• Traders who deposit USDC, USDT, or DAI receive a reward of 2x the Ethereum gas fee paid

• Traders who withdraw USDC, USDT or DAI receive a reward of 2x the Ethereum gas fee paid

Ethereum gas fees?

To trade on DXS, users must send USDC, USDT or DAI ERC20 tokens via the Ethereum network to their DXS 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 Balance on DXS. Traders earn this reward every time they deposit or withdraw USDC, USDT or DAI

For example, a trader pays $2.10 in gas fees to deposit USDT into their DXS wallet address. The trader’s Bounty Balance on DXS is immediately credited with $4.20

Where can I see my Bounty Balance?

The Bounty Balance and the trader's Web3 wallet balance are separate but are displayed alongside each other on the DXS account tab:

How do I open a trade using my Bounty Balance?

When a trader attempts to open a position on DXS the system will automatically use the trader's Bounty Balance if it is greater than or equal to the required margin commitment.

Can I withdraw my Bounty balance?

No. Only Bounty Trading profits are sent to the trader’s Web3 wallet.

For example, if a trader opens a position using their Bounty Balance as the margin commitment, closing the position at a profit will result in the margin amount being returned to their Bounty Balance (less any holding fees and/or liquidity fees) and the profit amount being sent directly to their Web3 wallet.

Conversely, if a trader opens a position using their Bounty Balance as the margin commitment, closing the position at a loss will result in the margin amount being returned to their Bounty Balance (less any holding fees and/or liquidity fees).

How do I withdraw my Bounty profits?

If you would like to withdraw your Bounty profits back to your ERC20 address on Ethereum, you will need to comply with the hardcoded rules of the bridge as specified here as well as detailed below:

• User cannot withdraw funds until 24 hours after their first deposit

• User has a 24 hour withdrawal limit equal to the maximum deposit they have made into their wallet

  • For example if you make a $100 deposit you can withdraw up to $100 per day. If you later make a $200 deposit you can withdraw up to $200 per day

Are there other ways to earn Bounty?

We will continue to add challenges so traders continue to have opportunities to earn rewards!

Where can I see Bounty challenges?

After logging into DXS using your Web3 wallet, simply go to the account menu and select ‘Bounty Trading’:

Are there any fees associated with Bounty Trading?

Yes, as stated in the explanation provided here, holding fees do apply to all trading positions. However, it is worth noting that the bounty holding fees are significantly higher, ranging from 2 to 5 times greater than those associated with regular margin trading. By trading with your Bounty Balance you accept the below Terms and Conditions: