BloFin Futures Grid month is on: up to 1,000 USDT per user, and first-time grid runners get a 100 USDT voucher plus 10% loss coverage (Oct 23 to Nov 23)

BloFin's newest Futures Grid campaign went live on Oct 23 and runs until Nov 23. The headline is up to 1,000 USDT per user, with a separate track of up to 200 USDT for traders running their first Futures Grid. You need to press Register on the campaign page before anything counts.

What the new-user track pays

• First Trade Reward: a 100 USDT Futures Grid Position Voucher once your first Futures Grid trade is done.
• 10% Loss Coverage: up to 100 USDT, also paid as a Futures Grid Position Voucher.
• Both are vouchers for grid positions, not withdrawable USDT, so the value only shows up if you keep running grids.

Where a grid makes money and where it bleeds

A futures grid places buy and sell orders across a price band and collects the small swings in between. In a sideways market that is a steady stream of filled round trips. When price trends out of the band, the bot ends up holding the losing side: a long grid keeps buying into a selloff, a short grid keeps selling into a squeeze. That is why the loss-coverage piece matters more than the headline number. It softens the first bad breakout, but only by 10% of the loss and only up to 100 USDT.

How I would set one up for this

• Build the band from recent swing highs and lows on the 4h chart, not from a guess.
• Keep leverage low enough that the estimated liquidation price sits well outside the band.
• Fewer, wider grid levels lose less to fees than dozens of tiny ones.
• Majors with deep books chop more cleanly than thin alts that gap through levels.

The campaign window is a full month, so there is no reason to rush the first bot into a trending market just to start the clock.