Huobi Global will be holding the ETH Team Challenge from August 16th.
In order to celebrate the upcoming ETH 2.0 upgrade, Huobi Global will launch the “ETH Team Trading Competition” on August 16th.
Rush to the list and share a huge cash prize pool.
The Formation period: August 16, 2022 20:00 – August 19, 2022 20:00 (UTC+8)
Trading Period: August 19, 2022 20:00 – August 29, 2022 20:00 (UTC+8)
The activity is divided into [Group Formation Period] and [Trade Period]. During the [Group Formation Period], users can freely choose to become the head of the group or join a single team.
During the [trading period], newly added users can become the head of the group or join a single team at any time.
Users who have joined a group can only join a single team and cannot join other teams.
During the event, only the specified currency ETH can be traded in order to be counted in the event statistics. Transactions in other currencies other than ETH are not included in the statistics.
During the activity period, the ETH transaction amount generated by each participating user will only be counted for transactions within the [trading period]. The ETH transaction amount that occurs before the [trading period] is not included in the statistics; the transaction amount that occurs before joining the team is not included in the team transaction amount.
A single team can have a maximum of 10 people and a minimum of 1 person.
During the event period (including the group formation period and the trading period), the ETH transaction volume is > 2,000 USDT to be eligible for group formation; there is no limit to joining the team.
Join Huobi’s ETH 2.0 Celebration
Spot transaction fees generated by all participating users in ETH trading pairs on the day * prize pool proportional coefficient * 70% = daily daily ranking prize pool
∑ (Spot transaction fees generated by all participating users in ETH trading pairs every day * prize pool proportional coefficient * 30%) = total prize pool
| ETH transaction volume on the day (USDT) | Prize Pool Proportion Factor |
|---|---|
| ≤200,000,000 | 100% |
| ＞ 200,000,000 | 120% |
| ＞ 300,000,000 | 130% |
| ＞ 400,000,000 | 140% |
| ＞ 500,000,000 | 150% |
The rules for dividing the daily list prize pool are as follows:
| Ranking | Daily Prize Amount |
|---|---|
| 1 | Prize Pool of the Day List * 40% |
| 2 | Prize Pool of the Day List * 30% |
| 3 | Prize Pool of the Day List * 20% |
| 4 | Prize Pool of the Day List * 5% |
| 5 | Prize Pool of the Day List * 2.5% |
| 6 | Prize Pool of the Day List * 1.5% |
| 7 | Prize Pool of the Day List * 1% |
Go to Huobi’s Official Website
The rules for dividing the total prize pool are as follows:
| Ranking | Total Prize Amount |
|---|---|
| 1 | Total Prize Pool * 50% |
| 2 | Total Prize Pool * 30% |
| 3 | Total Prize Pool * 10% |
| 4 | Total Prize Pool * 4% |
| 5 | Total Prize Pool * 3% |
| 6 | Total Prize Pool * 2% |
| 7 | Total Prize Pool * 1% |
The TOP 1 team in the total list will receive an additional 7 ETH, which will be equally distributed by team members.
In the winning team, the leader can get 30% of the team reward, and other team members will share 70% of the team reward according to their transaction volume.
The activity is ranked according to the ETH spot transaction volume generated by the participating teams. The larger the team’s transaction volume, the higher the ranking.
The top seven teams in the daily ranking are eligible to share the prize pool of the daily ranking list, and the daily ranking ranking list will be announced in the form of an announcement.
The top seven teams in the overall ranking are eligible to share the prize pool of the overall ranking. The ranking of the overall ranking is subject to the interface display.
Rewards for the top teams will be issued to your spot account within 10 working days after the event ends.
Join Huobi’s ETH 2.0 Celebration
Please check Huobi official website or contact the customer support with regard to the latest information and more accurate details.
Huobi official website is here.
Please click "Introduction of Huobi", if you want to know the details and the company information of Huobi.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...