What is a Margin Interest Voucher?
Gate Margin Interest Vouchers are mainly used for isolated margin trading, allowing a reduction in the interest incurred from borrowed funds.
How can I check my Margin Interest Vouchers?
Web Version: Click your avatar at the top right of the official website, select [Vouchers], and then check available Margin Interest Vouchers under [All] - [Margin Interest Voucher].
App Version: Tap your avatar at the top left of the app home page, find [Activities] - [Vouchers], and then check available Margin Interest Vouchers under [All] - [Margin Interest Voucher].
How to use Margin Interest Vouchers?
- Select a Margin Interest Voucher based on your margin trading needs, click "Use Now", and proceed to the trading page to trade.
- When the borrowed funds from a trade meet the requirements for using Margin Interest Voucher, the system will automatically apply the voucher at the next interest settlement, granting the interest discount.
How to check interest discount records?
For Margin Interest Vouchers that have been applied, click/tap "Usage History" to view each discount record.
Margin Interest Voucher Discount Rules
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After obtaining a Margin Interest Voucher, any eligible borrowings within its validity period will automatically receive the discount at the next interest settlement. The discount period starts from the moment the reduction is applied.
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The calculation method for the Margin Interest Voucher discount amount per settlement is as follows:
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Discount Amount = Snapshot of the Borrowed Amount for the Applicable Currency in the Current Trading Pair × Hourly Interest Rate Corresponding to the User's VIP Level × Discount Rate
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Note: Once a Margin Interest Voucher reaches its discount limit or the discount period ends, the system will stop applying it, and any remaining amount will not be discounted.
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For the same trading pair, only one Margin Interest Voucher per currency can be used per hour. If you have multiple vouchers, the system will first apply the currently active one. The remaining vouchers will be used in order of higher discount amount, higher interest reduction rate, and sooner expiration date.
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Active Margin Interest Vouchers will not be replaced by newly acquired ones; the system does not switch or mix vouchers within the same hour. Therefore, if the borrowed amount at settlement does not meet the current voucher's eligibility, no discount will be applied for that hour.
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Margin Interest Vouchers for different currencies can be applied independently at the same time. For example, if you have margin borrowings in BTC, USDT, or other currencies, each voucher will take effect separately without affecting the others.
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Avoid trading around the hour mark to prevent discrepancies in discount amounts due to system settlement timing.
Disclaimer
Gate reserves the right to the final interpretation of the rules and conditions for using Margin Interest Vouchers.
