A Futures Position Voucher allows you to open a Futures trade using funds provided by Binance. You don’t receive the voucher amount directly in your wallet; instead, it is used to create a Futures position. Here’s how to redeem it correctly.

Step 1: Prepare Your Futures Account

Before redeeming the voucher, make sure:

You have no open Futures positions

You have no open orders

Your Futures account is set to Isolated Margin mode

⚠️ If any position or order is open, the voucher cannot be redeemed.

Step 2: Go to Rewards Hub

Open the Binance App

Tap on Profile → Rewards Hub

Open My Vouchers

Select the Futures Position Voucher (100 USDT)

Step 3: Redeem the Voucher

Tap Redeem

Binance will automatically take you to the Futures trading page

Choose the trading pair (e.g. ETHUSDT)

The leverage will be fixed at 20×

Select your direction:

Buy (Long) if you expect price to go up

Sell (Short) if you expect price to go down

Confirm using Market Order

Once confirmed, the Futures position will be opened using the voucher funds.

Step 4: Manage the Position

You can close the position at any time

The Profit and Loss (PNL) is real

Any profit earned will be added to your Futures wallet

Profits can be withdrawn immediately

If the trade ends in a loss, the loss is covered by the voucher funds, not your own capital.

Important Things to Remember

The voucher expires on 2026-02-09 at 04:09

It works only in Isolated Margin mode

Only profits are withdrawable, not the voucher amount itself

Always manage risk, even with voucher-funded trades

Final Note

Futures Position Vouchers are a great way to practice Futures trading, test strategies, and earn real profits without risking your own funds. However, leverage amplifies both gains and losses, so trade wisely.