Institutional Services
Institutional-exclusive USDGO slippage covering plan
2026-07-16 15:000207
Starting from July 17, 2026, to reduce transaction friction costs incurred by institutional users when allocating USDGO assets, encourage long-term holding, and improve capital efficiency, the platform is officially launching the USDGO institutional trading slippage compensation plan. All future USDGO slippage compensation programs will be implemented according to the scheme described below. The end date of the promotion will be announced separately.
Slippage incurred by institutional users when purchasing USDGO on the spot market will be fully covered under this compensation plan. Users may choose the redemption method that best matches their capital size, holding strategy, and preference for short-term yield.
Compensation plan details
Spot buy-and-hold compensation plan
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Applicable scenario: Suitable for institutional users who purchase USDGO on the spot market and hold it long term. All eligible slippage is covered under this compensation plan. Users may choose to forgo short-term yield in exchange for earlier and more comprehensive compensation (requires contacting the institutional BD to enable this before purchasing), or opt for the default method, which requires no application and includes a 14-day waiting period.
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Rule details:
| Aspect | Rules |
| Action | Purchase USDGO on the spot market (supports the USDGO/USDT and USDGO/USDC trading pairs). |
| Slippage compensation | Calculated based on the full actual slippage at the time of purchase, with no percentage cap. For example, if 10,000 USDT is used to purchase USDGO and 9,990 USDGO is received, the slippage is approximately 10 bps, and the full 10 bps will be eligible for compensation. |
| Option 1: Basic plan – Default waiting (no application required) |
No holding yield is sacrificed. After holding continuously for 14 days, receive slippage compensation of up to 2 bps (in USDGO). |
| Option 2: Yield-for-slippage (requires contacting the institutional BD to enable) |
Full slippage is covered at a ratio of 1 bps of slippage = 1 day of USDGO holding yield (for example, with 10 bps of slippage, this USDGO position will not accrue yield for the first 8 days). After the coverage period ends, 8 bps of slippage compensation (in USDGO) will be distributed. This also includes up to an additional 2 bps of compensation (in USDGO) under the basic plan after holding for 14 days, for a total distribution of up to 10 bps. |
| Snapshot settlement | Once the applicable conditions are met (end of the coverage period or completion of 14 days of continuous holding), the position enters snapshot verification on the 1st and 15th of each month. |
| Distribution time | After passing snapshot verification, the compensation will be automatically distributed to the subscription account within 5 working days. |
Note: If Option 1 is selected, the 2 bps compensation provided under the basic plan is included automatically. Holding yield will be deducted for up to (N – 2) days according to the actual slippage, where N represents the total actual slippage.
Redemption method recommendations
| Best for | Recommended redemption method | Key advantage |
| Large capital size, higher slippage (willing to forgo short-term yield in exchange for earlier and full compensation) | Method 1: Yield-for-slippage | Full slippage is covered, and the compensation process begins as soon as the coverage period ends, with no need to wait 14 days. |
| Lower slippage, unwilling to sacrifice holding yield (no need to contact the BD; automatically effective) | Method 2: Default waiting | No holding yield is sacrificed. Automatically receive 2 bps of compensation after holding continuously for 14 days. |
Note: For the same purchase transaction, only one redemption method (yield-for-slippage or default waiting) may be selected. Once confirmed, it cannot be changed or combined with another method.
Terms and conditions
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Waiting period calculation rules
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Yield-for-slippage: Calculated from the time USDGO is credited after purchase. Full slippage is covered at a ratio of 1 bps of slippage = 1 day of holding yield. After the coverage period ends, verification is completed on the first snapshot date (the 1st or 15th of the month).
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Default waiting: Calculated from the time USDGO is credited after purchase. The position must be held continuously for 14 days, and verification is completed on the first snapshot date (the 1st or 15th of the month) after the conditions are met.
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Budget pool management
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This compensation plan has a dedicated budget pool, with compensation allocated on a strict first-come, first-served basis according to the order in which eligible verifications are completed.
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Once the current budget is exhausted, compensation distribution will be suspended. Any subsequent budget replenishment will be announced separately. Contact the institutional BD for details.
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Account and anti-fraud rules
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Compensation quotas for the same institutional main account and its associated sub-accounts are calculated on a combined basis.
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It is strictly prohibited to obtain compensation repeatedly through account splitting, malicious wash trading, or other arbitrage practices. Once verified, the platform reserves the right to disqualify the account from receiving compensation and reclaim any compensation already distributed.
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Risk warning
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This plan is intended solely to compensate for slippage costs incurred during trading and does not constitute any form of principal guarantee, yield guarantee, or investment advice. Digital asset prices are subject to market risk. Please evaluate carefully.
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Final interpretation right
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The platform reserves the right to interpret, modify, suspend, or terminate the rules of this promotion. Any adjustments to the rules will be announced or communicated to institutional users in advance.
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For more details, refer to:
- What is USDGO
- Earn profits by holding USDGO
- Institutional interest-free USDT borrowing program rules
- Bitget introduction to institutional loans (UTA)
- Bitget institutional loan interest-free program
- Institutional services–apply now!
If you have any questions, feel free to contact the Bitget Institutional Team:
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Email: [email protected]
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Telegram:
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