BitForex Perpetual Contract Trading Competition - Season 6 Round 9
BitForex
Tipo relacionado: Others
2021-02-20 16:16
Dear BitForex Users,
The Perpetual Contract Trading Competition Season 6 Round 9 will be postponed to February 23rd, 2021 at 19:00 until February 26th, 2021, at 19:00 (GMT+8) due to an event system maintenance.
Event Rules:
Anyone can participate in the event by trading on the BitForex Perpetual Contract Platform or by having a long/short position. No further applications are needed.
1. The event will last for 3 days; the rewards are divided into 2 types, daily ranking rewards, and total ranking rewards.
2. Profitability will be recorded from 19:00 on the previous day to 19:00 the following day. The top 20 winners from the daily rankings will be rewarded.
3. The total ranking will be recorded from February 3rd, 2021 at 19:00 until February 26th, 2021, at 19:00 (GMT+8), the top 20 winners from the total rankings will be rewarded.
4. Profitability calculation formula: Total profitability = { [account asset - (deposits to the perpetual account during the event - withdrawals out of the perpetual account during the event) - account assets when the event started] / (account assets at the time of event start + deposits in the perpetual account during the event) } 100%.
5. The following trading pairs will be included in the profitability calculations: BTC/USD, ETH/USD, LTC/USD, XRP/USD, GRIN/USD.
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Ranking and rewards will be distributed as below:
Total Profitability
Ranking
Equivalent BTC Rewards
1st place
$5000
2nd-5th place
$500
6th-20th place
$100
Daily Profitability
Ranking
Equivalent BTC Rewards
1st place
$2000
2nd-5th place
$250
6th-20th place
$50
Reward Distribution Terms
All rewards will be sent within two business days of the final ranking announcement, and the system will automatically issue the equivalent BTC reward to the user's perpetual contract account.
Disclaimer
BitForex will ensure the smooth operation of the competition in a diligent manner - we reserve the right to disqualify any user found to be violating the competitive spirit or terms at our sole discretion, effective without warning.
Users are assuming full responsibility for their actions and assets. BitForex reserves the right to modify or cancel the contest process, rules, and rewards according to policies, regulations, and actual conditions.
BitForex Team
2021/02/20
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