FreeU Guide

1. What is FreeU?

FreeU is a demo crypto introduced by the YUBIT platform. In demo trading pairs, the quoted asset is FreeU, with 1 FreeU = 1 USDT. It allows users to practice trading without risking real funds, helping them learn trading strategies and gain experience.

2. How to Obtain FreeU?

✔ New User Registration: New users who register a YUBIT account will receive FreeU for free.

✔ Participate in Events: Follow YUBIT official events and participate to earn FreeU rewards.

3. How to Use FreeU for Demo Trading?

1. Log in to your YUBIT account.

2. Go to the Futures page and select "FreeU Demo Trading" mode.

3. Start Trading: You can perform buying, selling, and order placement just like in real trading.

4. Check FreeU Balance: Navigate to the contract account and click "FreeU Demo Trading".

5. Exchange for USDT: In the contract account, select "FreeU Demo Futures", then click "Exchange".

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4. FreeU FAQs

1. What is FreeU?

FreeU is a demo crypto launched by YUBIT for users to experience demo trading. It cannot be withdrawn or transferred, but it can be exchanged for real USDT assets at a set ratio.

2. Can FreeU be withdrawn?

No, FreeU cannot be withdrawn, but it can be exchanged for USDT real assets.

3. Does FreeU expire?

No, FreeU does not expire and can be used indefinitely.

4. How do I exchange FreeU for USDT?

Go to the demo trading page in your Futures account, select "FreeU Exchange", enter the amount to be exchanged, and complete the exchange.

5. What is the exchange ratio for FreeU?

The initial exchange rate is 10,000 FreeU = 1 USDT.

6. What is the minimum exchange amount for FreeU?

Please refer to the exchange page for the minimum exchange amount

7. Can FreeU be used for real trading?

No, FreeU is strictly for demo trading and cannot be used for real transactions or other purposes.

8. Can FreeU be transferred between accounts?

No, FreeU cannot be transferred between accounts, withdrawn, or cashed out.

9. How can new users get FreeU?

New users receive FreeU upon registration, which can be claimed on the app homepage to experience YUBIT trading products.

10. Is FreeU exchange a one-way process?

Yes, the exchange process is one-way, meaning FreeU can only be exchanged for USDT. Users cannot convert USDT back into FreeU.

11. Is the FreeU demo trading experience the same as real trading?

Yes, FreeU demo trading provides an experience identical to real trading. The first phase supports BTCFreeU and ETHFreeU perpetual contracts, which offer the same trading experience as BTCUSDT and ETHUSDT.

12. Where can I check my FreeU exchange history?

Exchange records can be found in the "Airdrop Distribution Record" section of your funds account history.