What is an Arbitrage Bonus Coupon?
An Arbitrage Bonus Coupon is a promotional reward provided by Pionex that temporarily boosts the APR (Annual Percentage Rate) of eligible arbitrage products. By using this coupon, users can enjoy a higher return rate for a limited time, enhancing the overall profitability of their arbitrage investments.
How to use the Arbitrage Bonus Coupon?
In APP:
Step 1: Download/update and log in to the latest version of the Pionex app to access the Arbitrage Bonus Coupon.
Step 2: Click [Earn ] - [Bonus Coupon] - [Spot - Futures Arbitrage], select the coupon you wish to redeem, then click [Use Now]. Next, choose the arbitrage product you invested in and click [Confirm] to apply the coupon.
On Web:
Step 1: Open the Pionex website, log in to your account, and click on [Earn] - [Arbitrage] - [Bonus Coupon] to access the Arbitrage Bonus Coupon section.
Step 2: Click on [Available Bonus Coupon], select the coupon you wish to redeem, and then click [Use Now]. After that, choose the arbitrage product you’ve invested in and click [Confirm] to apply the coupon.
Arbitrage Bonus Coupon FAQ
Q: How can I get a coupon?
A: These coupons are typically given out during events, campaigns, or as part of user rewards, and can only be applied to specific arbitrage products as outlined in the coupon details. We suggest our users keep an eye on the Activity Center for ongoing campaigns and events where they can earn these coupons by participating. Additionally, Pionex VIP users are also eligible to receive Arbitrage Bonus Coupons on a monthly basis, as outlined on the VIP page.
Q: How can I understand how the coupon bonus ratio works?
A: The formula to calculate the bonus-adjusted APR is: Product APR × Bonus Ratio = Post-Bonus APR
For example, if the product APR is 5.4% and the coupon bonus ratio is 108%, then the post-bonus APR will be: 5.4% × 108% = 5.83%
Q: How is the bonus profit delivered?
A: The bonus earned each day will be delivered all at once after the coupon expires. You can find the detailed record of the bonus in the Profit section of the arbitrage product where the coupon was applied
Q: Can I apply two or more coupons to the same arbitrage product at the same time?
A: No, you can only apply one coupon at a time to the same product. Once the currently applied coupon expires, you can then apply another one.
Please get in touch with Pionex Support if you have any other questions.
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