🔍 What "Loss Protection" Offers Typically Mean

✅ The Good:

You might get $10 in credit or a bonus to trade futures.

If your first trade loses, they refund you the amount (up to $10).

It’s often used to encourage beginners to try futures without fear.

❗But Here's the Catch:

1. It's usually just one trade.

Only your first loss is covered, not ongoing losses.

2. Not actual cash.

The refund might be in platform credits, not real USDT or fiat.

3. Withdrawal restrictions.

You often can’t withdraw the $10 until you meet certain conditions (e.g. trading volume requirements).

4. You still carry liquidation risk.

If you're using leverage and your position crashes, you could lose more than $10.

5. Marketing gimmick.

This is usually a way for platforms to get you started, hoping you’ll deposit more.