Dear BitVenus Users,
The BitVenus 2024 Futures Trading Competition is coming! This is a great opportunity to showcase your trading skills, demonstrate your trading prowess to the world, and prove that you are the next futures trading master! Whether you are a beginner or an experienced trader, you can find your glory here!
Event Period
Registration Period: 2024/07/08 00:00:00 - 2024/08/08 23:59:59 (UTC+8)
Competition Period: 2024/07/08 00:00:00 - 2024/08/08 23:59:59 (UTC+8)
Prize Pool
Total Prize Pool: 100,000 USDT
Prize Pool Distribution: The prize pool will be unlocked based on the number of [Valid participants]. The top 10 users during the event period will share the prize based on their [PnL%] and [Futures trading volume] (see the table below for detailed distribution rules).
Registration Criteria
Valid participating users must have an initial contract asset of more than 200 USDT and contract trading volume of more than 100,000 USDT during the event period (from the day of registration).
Calculation Criteria
[PnL%] calculation rules: PnL% = Profit / (Initial Equity + Deposit)*100%
a. Profit = Final Equity - Initial Equity + Withdrawal - Deposit
b. Initial Equity = The net asset value of the contract account when the account registration is successful at the start of the competition (including unrealized profit and loss of contract trading)
c. Final Equity = Net asset value at the end of the competition (including unrealized profit and loss in contract trading)
d. Deposit = Accumulated deposits & transfer-in to the contract account during the competition.
e. Withdrawal = Accumulated withdrawals & transfer-out from the contract account during the competition.
Terms and Conditions
a. This trading competition is open to all BitVenus users. Users can only participate in one futures competition during the event period. Participation in multiple futures competitions simultaneously is prohibited.
b. Users must complete the advanced KYC and click the "Register Now" button on this page during the registration period to complete the event registration. Only user trading after registration will be counted towards the competition.
c. The calculation of PnL% and trading volume starts from the successful user registration and ends at the end of the competition. When PnL% is negative, no rewards will be issued.
d. Orders with a holding time of more than 1 minute are considered valid orders and included.
e. The bonus will be distributed within 10 working days after the end of the competition.
f. This event is limited to individual users only. Market maker accounts and institutional sub accounts are not eligible to participate in this event.
g. If a user engages in any improper, dishonest, or abusive behavior during the competition (such as brushing trading, falsifying trading volume, participating in multiple accounts, manipulating the market, or other violations recognized by the platform's risk control department), the platform reserves the right to cancel their participation qualification.
h. The final interpretation rights of this competition belong to BitVenus.
If you have any problems with this competition, please feel free to contact our online customer service.
BitVenus Team
July 5, 2024
Comments
0 comments
Please sign in to leave a comment.