I. Campaign Overview
Campaign Name: Margin & Short Selling Limited-Time Offer: $20,000 Interest-Free, $0 Borrowing Cost & High Cash Reward Pool
Campaign Period:
Margin Benefits (Rewards 1 & 2): June 25, 2026 – July 31, 2026 (Limited promotional pool available on a first come, first-served basis, while supplies last.)
Short Selling Benefit (Reward 3): July 13, 2026 – July 31, 2026
Eligible Participants: Users who have successfully completed identity verification (KYC) and are eligible to access margin trading services.
II. Reward Rules
Reward 1: Limited-Time Margin Zero-Interest Benefit
Eligible users who use margin during the campaign period may enjoy zero-interest borrowing up to the following limit:
• Zero interest applies to eligible borrowing within the $20,000 per-account limit during the campaign period;
• Any borrowing amount exceeding the limit will accrue interest at the applicable platform margin rate;
• Limited $5,000 zero-interest subsidy pool available — first-come, first-served, while supplies last.
Calculation Method (Daily Accrual): Interest is calculated daily. Zero interest only applies to borrowing within the eligible limit; any excess borrowing amount will accrue interest at the applicable platform margin rate.
Zero-interest portion = min(daily outstanding balance, $20,000)
Interest-bearing portion = max(0, daily outstanding balance − $20,000)
• Daily interest payable = Interest-bearing balance × Applicable margin rate ÷ 365;
• Estimated interest savings per account = Zero-interest balance × Applicable margin rate ÷ 365 × Number of days.
Example (Illustrative example only. Assumes a 5% margin rate and a 30-day holding period. Actual rates may vary and are subject to change.):
Illustration: Excess borrowing: $10,000 × 5% × 30 ÷ 365 ≈ $41.1 interest payable; Zero-interest borrowing: $20,000 × 5% × 30 ÷ 365 ≈ $82.2 interest savings.
Rates and holding periods are for illustration purposes only. Actual interest charges and savings, if any, will be determined based on applicable margin rates and platform records.
Loan Amount | Zero-Interest Portion | Interest-Bearing Portion | Interest Paid During Campaign | Estimated Savings |
$15,000 | $15,000 | $0 | $0 | Approx. $61.6 |
$20,000 | $20,000 | $0 | $0 | Approx. $82.2 |
$30,000 | $20,000 | $10,000 | Approx. $41.1 | Approx. $82.2 |
Reward 2: Interest Cashback Benefit
For eligible users who incur and pay margin interest during the campaign period, cashback is awarded in tiers based on cumulative margin interest actually paid.
Cashback Tier | Minimum Interest Paid | Cashback Rate |
Gold | ≥ $200 | 20% |
Platinum | ≥ $800 | 30% |
Diamond | ≥ $2,000 | 40% |
Additional Rules:
• Combined with Reward 1: Cashback is calculated based on the eligible margin interest actually paid after deducting Reward 1 zero-interest savings — interest already waived (within the $20,000 limit) is not counted toward cashback eligibility;
• Maximum cashback per account is $2,000, and will not exceed the actual eligible margin interest paid during the campaign;
• Cashback applies only to margin interest paid to the platform — regulatory fees, exchange commissions, and other third-party charges are excluded;
• Total cashback pool: $15,000 — first-come, first-served, while supplies last.
Example: A user with a large outstanding margin loan pays $1,000 in eligible margin interest during the campaign period after deducting the zero-interest waiver → reaches the Platinum tier (≥ $800), earning 30% cashback → $300 cashback (≤ actual interest paid of $1,000, ≤ per-account cap of $2,000).
Reward 3: Earnings Season Sniper (Limited-Time $0 Borrowing Cost)
Designed to help users execute short-selling strategies during the earnings season at 0 borrowing cost:
From July 13, 2026 through July 31, 2026, Shortable Stock borrowing costs at $0 during the promotion period
Applicability: Please refer to assets marked with the "Shortable" label on the stock details page within the App.
III. Terms and Conditions
Participants must have successfully completed identity verification (KYC), be eligible to access margin trading services, and satisfy the platform's eligibility requirements.
Margin Benefits: Reward 1 zero-interest applies only to margin borrowing within the per-account limit of $20,000 that occurs during the campaign period. Any excess and any balance remaining after the campaign will be charged at the platform's margin rate, calculated daily, as recorded in the platform's backend. Reward 2 cashback is calculated based on interest actually paid by the user after deducting Reward 1 zero-interest savings, with the cashback tier determined by cumulative interest paid during the campaign. Maximum cashback is $2,000 per account and shall not exceed actual interest paid.
Short Selling Benefit: The Reward 3 $0 Borrowing Cost applies strictly to selected U.S. stocks labeled "Shortable" from July 13 to July 31. The "$0 Borrowing Cost/Interest" promotion applies exclusively to the borrowing fees generated from shorting eligible assets. This offer does not waive, cover, or include any other trading-related costs incurred by the user.
Rewards 1, 2, and 3 may be combined; however, this promotion cannot be stacked with other promotions outside of this campaign.
Reward 2 cashback is subject to eligibility review and will be distributed within 30 business days after the campaign ends, based on platform records. Rewards 1 and 3 will be applied in accordance with the campaign rules and platform records. Cashback applies only to margin interest paid by users to the platform and does not include regulatory fees, exchange commissions, or other third-party charges.
Fraudulent registration, circular fund transfers, self-trading, multi-account coordination, abnormal transactions, abuse of rewards, and similar behaviors will result in disqualification, account freezing, and clawback of rewards. Each identity document, phone number, device, IP address, and funding account may only participate once. Accounts determined to belong to the same individual will be combined or disqualified.
Cashback may constitute taxable income for users; applicable taxes are the sole responsibility of the user.
The full campaign rules are governed by the official platform announcement. BIT reserves the right to interpret, adjust, suspend, or terminate the campaign.
IV. Risk Disclosure
Dual Trading Risks: Margin (leverage) trading and short selling involve significant risk and may not be suitable for all investors. Leverage can amplify both gains and losses. Securities prices may go up or down, and users may incur margin interest, margin calls, or forced liquidation. Users should carefully consider their financial circumstances and risk tolerance before trading.
Short Selling Risks: Short selling carries the risk of theoretically infinite loss (as stock prices can rise indefinitely). Investors may face substantial losses and mandatory Buy-in risks. All investments involve risk; trade with caution.
Rewards do not constitute investment advice, a recommendation to engage in short selling or margin trading, or any offer or solicitation to buy or sell any security, nor do they represent a guarantee of returns. Users should independently evaluate whether margin or short-selling strategies are suitable for their individual financial circumstances.
Violations (including fraudulent registration, circular fund transfers, multi-account use, abnormal transactions, and abuse of rewards) will result in disqualification, freezing of accounts, and clawback of rewards.
BIT reserves the right to adjust, suspend, or terminate the campaign and to make the final interpretation of all rules. The full campaign rules are governed by the official platform announcement.