How to Use OKX Registration Rewards? What Are the Restrictions?
Registration rewards are not cash that can be withdrawn directly, but are issued as deduction tools in the form of "trading cashback vouchers" or "trial funds". The correct usage is: deduct transaction fees or use as margin when trading, profits generated belong to you, but the reward itself cannot be directly withdrawn.
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1. Determine the Type of Reward You Received
Find out whether you got a voucher, trial fund, or USDT, as different types have completely different usage methods.
Go to "My Cards & Vouchers" or "Reward Center" to check the specific name and description of the reward:
| Reward Type | Usage Method | Withdrawable? |
|---|---|---|
| Trading Fee Cashback Voucher | Automatically deducts trading fees when trading | Deduction only, cannot be withdrawn |
| Trial Fund | Used as margin for contract trading, profits can be withdrawn | Principal cannot be withdrawn, profits can be withdrawn |
| Real USDT | Directly deposited into account balance | Can be withdrawn, but rarely given as a newbie reward |
Make sure you know which category your reward falls into. Most newcomer rewards are trading fee cashback vouchers or trial funds, not real USDT. If the page says "$5 Trial Fund", it means you can use it to trade, but the $5 itself cannot be withdrawn.
2. Using Trading Fee Cashback Vouchers
In spot or contract trading, use the cashback voucher to deduct trading fees.
Specific steps:
Go to "My Cards & Vouchers", check the voucher's validity period (usually 7–30 days) and applicable trading pairs (e.g., only BTC/USDT perpetual).
In "Trading Settings", confirm the "Fee Deduction" switch is turned on.
Just place orders normally — the system will automatically deduct the voucher amount when settling fees, no manual operation required.
After the next order is filled, if the actual fee is lower than the normal rate, it means the voucher has taken effect. Preconditions for use:
Completed KYC verification, account status is normal.
Trading pair is within the scope of the voucher.
Common failure reasons:
Cashback voucher has expired — the voucher will show the expiration date, invalid after expiry.
Placing orders on ineligible trading pairs (e.g., voucher only for BTC perpetual, but you traded ETH spot).
Each trade can usually only use one voucher, cannot be stacked.
3. Using Trial Funds (Contract Only)
Use the trial fund as margin for contract trading to open positions. Trial funds are generally only for contract trading, not spot.
Specific steps:
Go to the "Contract Trading" page, select a coin contract that supports trial funds.
When opening a position, check "Use Trial Fund" or "Prioritize Trial Fund" in the margin selection area.
The system automatically deducts margin from the trial fund balance, no need for additional own funds.
After closing the position, if there is profit (positive after deducting fees), the profit will enter your account balance and can be withdrawn. However, the trial fund principal will be reclaimed by the platform.
If the trial fund has been used to open a position and profits after closing are settled to account balance, the usage is complete. Preconditions:
Completed Level 2 identity verification (including facial recognition).
Account has contract trading enabled.
Confirm the trial fund validity period (usually 7–14 days).
Common failure reasons:
Using trial fund in spot trading — trial fund is only for contracts.
Trial fund expired — automatically invalid after expiry, cannot be restored.
Risk warning:
When using trial fund for contract trading, losses are borne by the platform (the trial fund itself is a risk cushion). But if you also add your own margin, losses will first deduct your own funds before the trial fund. If you don't want to lose principal, it is recommended to only open positions with the trial fund and not add your own funds.
Contract trading has liquidation risk. Even though you are using trial funds, you still need to set take-profit and stop-loss strategies to avoid emotional trading.
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4. Understanding Core Restrictions
Clearly understand what the rewards cannot do to avoid operation failures or triggering penalties.
Check the following core restrictions:
| Restriction Item | Specific Rule |
|---|---|
| Cannot be directly withdrawn | The reward itself is not withdrawable, only for trading deductions or as margin |
| Validity period | Ranges from 7–30 days, invalid after expiry and cannot be reissued |
| Deposit holding requirement | Some activities require deposited funds to be kept in the account for at least 14 days; early withdrawal will invalidate the reward |
| Not transferable | Reward is bound to the account, cannot be given to others |
| Profit and loss handling | Profits can be withdrawn (after deducting fees), losses are not recovered (in trial fund scenarios) |
Make sure you understand all restrictions and know where your vouchers can and cannot be used. Next step: Open OKX "My Cards & Vouchers", check the validity period and applicable products (spot or contract) for each voucher. If a voucher is about to expire and hasn't been used, it's recommended to use it with a small order, the profit will stay in the account, avoiding waste by letting it expire.
