Welcome to the first season of Bitrue World Futures Trading Competition 2023, trade futures on Bitrue, and share up to 1,000,000 USDT in Prizes!
Time Period: Mar 21, 2023,16:00 UTC - 16:00 UTC Apr ,12 , 2023,16:00 UTC
- Registration Requirements:
You can participate in the event upon successful registration, there are no registration conditions.
- Participating Futures:
All USDT futures, COIN-M futures and USDC futures.
Event 1: Lucky Draw
For every 5,000 USDT worth of futures traded, you will get one lucky draw. There is no upper limit for the draws.
- The cumulative trading volume includes trading USDT futures, COIN-M futures and USDC futures. All trading volume will be converted to USDT.
- Any unused draws after the end of the event will be invalidated. Please use them before the end of the event.
- The USDT cash prize will be distributed to your futures account within 2 hours.
Event 2: Futures trading competition
- Minimum trading volume: Futures trading volume ≥ 10,000 USDT during the competition period.
- Effective Profit Amount and Effective Profit Rate: The futures trading volume needs to meet the specified requirements.
- Competition rewards:
- The total prize pool is up to 1,000,000 USDT, including individual profit and individual profit rate (%) prize.
- Individual Profit Amount Prize: 70% of the prize pool, see the table of the number of winners on the previous page. All profits earned on all futures are included.
- Individual Profit Rate Prize: 30% of the prize pool, see the table of the number of winners on the previous page. All profit rates on all futures are included.
- Participants who meet the trading volume requirements are eligible for the prize. Before the end of the Competition, if the minimum trading volume requirement is not met, no prize will be rewarded.
- Rewards can be accumulated and are not mutually exclusive.
- The reward will be issued to the winner's Futures account within 2 weeks after the event and can be withdrawn directly.
- Bitrue Futures VIP users do not participate in sharing the prize pool.
4. Individual Profit Amount/Profit Rate Prize and calculation formula
- Individual Profit = [Account Net Value (including unsettled Profit/Loss and/or Trial Funds) - Initial Net Value (including unsettled Profit/Loss and/or Trial Funds) + Withdrawal amount during the Competition - Deposit amount during the Competition].
- Individual Profit Rate (%) = Profit amount / (Initial Net Value + Total Deposit amount) * 100%.
- Deposit amount: the accumulated deposit amount during the Competition period (including transfer and trial funds rewards).
- Withdrawal amount: the accumulated withdrawal amount during the Competition period (including all withdrawals).
- Initial Net Value: The net value of the Futures account at the time of successful registration.
- Account Equity: The account equity will be calculated every 30 minutes until the end of the Competition.
- All calculations include USDT Futures, COIN-M Futures, USDC Futures account assets. All assets are uniformly converted to USDT.
- Any amount transferred to a futures account is considered a deposit, while any amount transferred from a futures account to a spot account is considered a withdrawal.
Terms and Conditions:
- Bitrue reserves the right to disqualify users from participating in the event once we detect cheating behaviors such as malicious click farming and massive registrations of alternate accounts.
- Bitrue reserves the right to adjust the rules of the event at any time at its own discretion.