Contract vouchers on OKX offer users a unique opportunity to engage in perpetual contract trading without using their own capital. These vouchers provide a designated amount of funds specifically for opening a perpetual contract position. The key feature is that the voucher balance is separate from the user's personal funds and cannot be used in conjunction with them. Each voucher can only be used once to open a single position.
When closing a position, if the user's balance (after deducting transaction fees) exceeds the voucher’s face value, the profit is automatically transferred to the user’s trading account. Conversely, if the balance falls below the voucher amount, OKX absorbs the remaining costs—meaning users face no losses beyond the initial voucher limit. This risk-free structure makes contract vouchers an ideal tool for new traders or those looking to test strategies without financial exposure.
👉 Discover how to start trading with zero personal risk using OKX contract vouchers.
Benefits of Using Contract Vouchers
Using contract vouchers comes with several compelling advantages:
- Zero Personal Capital Required: Users can enter the world of derivatives trading without depositing any of their own money.
- Beginner-Friendly Learning Tool: The risk-free nature allows newcomers to understand leveraged trading mechanics in a safe environment.
- Profit Withdrawal Eligibility: Any gains generated from successful trades are credited directly to your trading account and can be withdrawn normally after meeting platform requirements.
This combination of safety and opportunity makes contract vouchers a powerful educational and promotional instrument within OKX’s ecosystem.
Where to Find Contract Vouchers
Access to contract vouchers is currently limited to users of the OKX mobile app version 6.1.46 or higher.
To check your app version, navigate to the bottom of the User Center page.
Depending on your app version, voucher access varies:
For App Version 6.1.46: Vouchers appear as banners on the home screen.
Look for notification cards located in the middle section of the homepage.
For App Version 6.1.48 and Above: Navigate to User Center > Rewards & Privileges > Reward Center > My Rewards.
The Reward Center houses all available vouchers and promotional benefits.
Ensure your app is updated to access the latest features and maximize your chances of receiving new vouchers as they become available.
👉 Learn how to unlock your first contract voucher today.
How to Use a Contract Voucher
Using a contract voucher is straightforward but governed by specific rules designed to maintain fairness and platform integrity.
Step-by-Step Usage Guidelines
- Single Use per Voucher: Each voucher applies to one eligible contract market only. The available leverage multiplier will be clearly listed on the event or voucher details page. Only one position may be opened per voucher.
- Position Opening Mechanics: Once activated, the system sets the market price under cross-margin mode automatically. This ensures standardized execution across all users.
- Closing Positions: You can close the opened position via the Positions page. Closure occurs at market price only—limit orders are not supported. Additionally, leverage cannot be adjusted after the position is opened.
- Usage Restrictions: Vouchers are valid only on designated trading pages and are applied automatically upon position opening. In highly volatile markets, partial fills may occur; however, unused portions of the voucher will not be refunded or restored.
These rules ensure transparency and prevent misuse while maintaining a level playing field for all participants.
Frequently Asked Questions (FAQ)
Q: Can I use multiple vouchers at once?
A: No. Each voucher can only be used individually to open one position. Stacking or combining vouchers is not permitted.
Q: What happens if my position results in a loss?
A: If your final balance (after fees) is less than the voucher amount, OKX covers the difference. You won’t lose any personal funds or incur debt.
Q: Can I transfer my voucher to another user?
A: No. Vouchers are non-transferable and tied directly to the recipient’s account.
Q: Are profits from voucher trades withdrawable?
A: Yes. Profits are automatically credited to your trading account and can be withdrawn following standard withdrawal procedures.
Q: What if I don’t use my voucher before it expires?
A: Expired vouchers become invalid and cannot be redeemed or extended under any circumstances.
Q: Can I change the leverage after opening a position with a voucher?
A: No. Leverage is fixed at the time of position opening and cannot be modified afterward.
Terms and Conditions
All users must comply with the following terms when using contract vouchers:
- Expiration Policy: Unused vouchers expire automatically on the stated date and hold no residual value.
- Non-Transferability: Voucher balances cannot be moved between accounts or exchanged for cash.
- Fraud Prevention: OKX reserves the right to investigate suspicious activity such as bulk registrations or malicious profit-taking. Accounts found violating these policies may lose event eligibility and have vouchers revoked.
- Right to Modify: OKX may amend, alter, or cancel any voucher offer at any time without prior notice.
- Final Interpretation Rights: OKX holds sole discretion in interpreting and enforcing all aspects of the contract voucher program.
These guidelines are designed to ensure fair usage and protect both users and the platform from abuse.
👉 See what rewards await you on OKX—start exploring now.
By offering contract vouchers, OKX empowers traders to explore leveraged markets safely and confidently. Whether you're testing new strategies or learning the ropes of perpetual contracts, these tools provide real-market experience without financial risk.
With clear rules, transparent mechanics, and strong support infrastructure, OKX continues to lead in making advanced trading accessible to everyone—from beginners to experienced investors.
Remember: Always check your app version, monitor your rewards section regularly, and act before vouchers expire.