4️⃣Promo Codes

Promo codes can be activated on the Wallet page of your Margex account to receive unique rewards and boost your trading experience.

Promo codes are unique codes found on social media channels, blogs, in trading forums and other sources, granting the user special bonuses.

If you have a promo code that you want to redeem, simply navigate to the Promo Code tab in your Wallet:

Promo Code Types

There are several types of promo codes available on Margex:

Standard Promo Codes (click to expand)

These promo codes can be activated at any time (while valid) and do not require any additional actions:

Conditional Promo Codes (click to expand)

Some promocodes may have unique conditions/requirements. For example, if activating a deposit bonus type promo code you can additionally choose which of your deposits you wish to apply the promo code to:

As seen in the image - this promo code provides up to a 100% deposit bonus (up to a maximum of $1000 bonus) based on the selected deposits that meet the promo code conditions.

Loss Coverage Promo Codes (click to expand)

These types of promo codes allow user to compensate a defined amount of funds from the negative PnL of trades that are eligible for coverage (i.e. opened and closed within a certain time period, leveraged using a certain collateral, etc.)

When activating such a promo code, if all usage conditions are met, a list of applicable positions will appear in the corresponding field on the right. After applying to these positions, a fixed cumulative amount of funds will be credited from the selected deals to the user's corresponding collateral wallet balance.

Once everything is set, you'll see the amount you'll receive at your wallet address in the corresponding field, as referenced in the screenshot.

It is important to note the following conditions:

• Such promo codes are one-time use only

• The compensated amount is cumulative (i.e., is a sum of Realized PnLs of all the selected positions) and could be limited to a certain number of deals.

Any deposit, transaction, or trade that has been used to claim a promo code cannot be used to activate a promo code again. For example, it is not possible to apply 2 separate promo codes (or use the same promocode) to a single deposit/transaction/trade if it has already been used to claim a different promo code previously.

Promo Code Storage and History

The promo code Storage tab reflects all promo codes that you have entered but have not yet claimed. For example if you have entered a promo code but do not meet the conditions of this promo code - it will be reflected in your Storage and can be claimed at a later time (until the expiry date):

The promo code History tab reflects historical details of your activated and claimed promo codes and any corresponding transactions that occurred on your account: