Deposit Bonus Question and Examples - Delta Exchange

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March 15, 2019

Deposit Bonus Question and Examples

Pankaj BalaniCEO, Delta Exchange

How much bonus will I get?

As per the 100% first deposit bonus offer we match your first deposit 1-for-1. Suppose you deposit 0.006 BTC to your Delta Exchange wallet. Since your deposit amount is less than 0.01 BTC the deposit bonus received will be 0.006 BTC and your account balance will become 0.012 BTC.

Suppose if you deposit 0.015 BTC your Delta Exchange wallet. Since your deposit amount is more than 0.01 BTC your bonus will be capped at 0.01 BTC and your account balance will become 0.025 BTC.

Maximum bonus received is 0.01 BTC.
Bonus is only applicable on your first deposit.

Can I trade with bonus amount?

Yes, you can trade with bonus amount. Suppose you deposit 0.01 BTC and get bonus of 0.01 BTC. You available balance will become 0.02 BTC and you can use these funds to trade.
Let’s say you want to take a position of 0.15 BTC on BTCUSD_29Mar contract with 10x Leverage. You will need 0.015 BTC to do that. You can use funds in your account to take this position.

Can I withdraw my profits?

You can withdraw from your account anytime but if a withdrawal is initiated before paying “trading fee = bonus received” you will forfeit the bonus received.

Example:
Suppose you deposit = 0.01 BTC
Bonus received = 0.01 BTC
Account Balance will be = 0.02 BTC
Let’s say you enter a position of 0.15 BTC notional @ 10x leverage on BTCUSD_29Mar by keeping margin = 0.015 BTC
Commission blocked will be = 0.000225 BTC
Position Margin = 0.015 BTC, Wallet Available Balance = 0.004775
Profit of 10% (ROE) = 0.015*0.1 = 0.0015
Let’s say you close the position here.
For this example we’ve assumed that you paid taker fee at both entry and exit.
Account Balance = 0.0015+0.015+0.004775 = 0.021275 BTC

Total Fee paid till now = 0.000225 BTC
Amount you can withdraw without losing bonus = balance – 2 x bonus_received = 0.021275 – 2*0.01 = 0.001275 BTC
Current Max withdraw amount = 0.021275 – 0.01 = 0.011275 BTC
Your trading fee paid = 0.000225 BTC. Once your fee paid = 0.01 BTC there is no restriction on withdrawal.

Can I withdraw if I make loss?

You can withdraw from your account but if a withdrawal is initiated before paying “trading fee = bonus received” you shall forfeit your bonus received. Secondly, losses will first impact your funds and then bonus funds.

For Example:
Suppose you deposit = 0.01 BTC
Bonus received = 0.01 BTC
Account Balance will be = 0.02 BTC
Let’s say you enter a position of 0.15 BTC notional @ 10x leverage on BTCUSD_29Mar by keeping margin = 0.015 BTC
Commission blocked will be = 0.000225 BTC
Position Margin = 0.015 BTC, Wallet Available Balance = 0.004775
LOSS of 10% (ROE) = -0.015*0.1 = -0.0015 BTC
Let’s say you close the position.
For this example we’ve assumed that you paid taker fee at both entry and exit.
Account Balance = -0.0015+0.015+0.004775 = 0.018275 BTC

Amount you can withdraw without losing bonus = 0.018275 – 2*0.01 = 0 BTC
Current Max Withdraw amount = 0.018275 – 0.01 = 0.008275 BTC
Your trading fee paid = 0.000225 BTC. Once your fee paid = 0.01 BTC there is no restriction on withdrawal.

How much trading fee do I have to pay to withdraw all bonus funds received?

Once you have paid trading fee = bonus received by you the withdrawal restriction is lifted on your account and you can withdraw all of bonus funds.

Example:
Suppose your first deposit was = 0.005 BTC
Your bonus received = 0.005 BTC
Trading Fee you are required to pay before you can withdraw bonus funds = 0.005 BTC

Suppose your first deposit was = 0.02 BTC
Your bonus received = 0.01 BTC
Trading Fee you are required to pay before you can withdraw bonus funds = 0.01 BTC

Where can I see how much can I withdraw currently w/o losing bonus?

When you try to withdraw funds you will get a pop-up which will tell you how much can you withdraw without losing bonus and how much you can withdraw, should you choose to forfeit the bonus.

Is Maker fee counted for offset against bonus? 

Withdrawal restriction on bonus is lifted when your trading fee paid is more than bonus received. Trading fee paid = Taker fee paid – Maker fee received.

For example:
If you have paid 0.0020 BTC fee as taker and have received 0.0012 BTC as maker. Your net fee paid is 0.0008 BTC.

I had raised a withdrawal request which I cancelled later. My bonus is not credited back to my account. What will happen in such cases?

If you had raised and confirmed a withdrawal request which you cancelled later, your bonus will not be credited back automatically. In such a case please send us an email at [email protected], we will look into your case and credit the bonus if required conditions are met.

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