All contract assets ≥20USDT users are eligible to enter Bibox’s 6th futures team battle.
Details of Bibox’s 6th futures team battle
All users with contract assets ≥ 20 USDT will be participated automatically.
The trading team composition period is from March 8, 2022 17:00 to March 13, 2022 17:00 (UTC+9).
The event period is from March 14, 2022 17:00 to March 24, 2022 17:00 (UTC+9).
This team event only aggregates data for all trading pairs of the Bibox USDT-M maintenance contract.
Bibox will adopt the highest return and the highest profit among the records saved during the event as the final grade. As long as the contract account’s rights and interests are not less than 20 USDT and there is no current position, click ‘Save Record, One-Click Resurrection’ to get the highest score. You can leave and start trading again.
For example, if the firstly saved yield record is 200% during the participation period and the second saved yield record is 100%, the final grade is 200%. The yield is recalculated from zero.
Personal income = accumulated realized profit and loss during the event
Individual rate of return = Accumulated realized profit/loss during the event/(Account right and interest at the start of the event or at the time of resurrection + the amount transferred to the USDT-M contract account during the event)
Transaction team revenue = total revenue of the top 10 members of the trading team
Return of the trading team = the sum of the returns of the top 10 members of the trading team/10 (Team members who do not trade or have negative profits among the top 10 are not included in the calculation)
Join Bibox’s 6th futures team battle
Event prizes and prizes
Reward 1:
While building the trading team, users with assets of 20 USDT or more can share the poster on social media or in the 300+ contract chat room, capture a photo and submit an application form to get a share of 1,000 USDT. One poster per day before the start of the event share the opportunity to receive rewards.
Reward 2:
During team formation, the trading team leader can invite team members to the contract group event, the top 5 team members with the most members can share an additional reward of 1,000 USDT, and the winning team leader must have at least 20 active users.
Reward 3:
The platform sets up a total prize pool according to the effective total number of participants of all participating teams, so the higher the total number of players, the higher the prize money. Details are as follows.
Valid total number of teams | Bonus pools |
---|---|
200 below | 10,000 USDT |
200-500 | 15,000USDT |
500-1000 | 20,000USDT |
1000-1500 | 30,000USDT |
1500-2500 | 50,000USD |
2500-4000 | 100,000 USDT |
4000-6000 | 150,000 USDT |
6000-8000 | 200,000USDT |
8000-10000 | 500,000USDT |
10000 above | 1000,000USDT |
This event is divided into a trading team reward pool and an individual reward pool.
- The first team gets 30% of the team prize pool;
- The second team gets 15% of the team prize pool;
- The third team gets 10% of the team prize pool;
- The fourth to sixth teams share 24% of the team prize pool;
- The seventh to 10th teams share 21% of the team prize pool;
The rules for distributing rewards within the winning trading team:
The trading team leader can get 30% of the trading team reward.
The top 10 profit is divided by 40% of the trading team’s profit, and the top 10 profit is divided by the average of 40% of the trading team’s profit.
The remaining team members share 30% of the trading team reward according to the transaction amount.
- The leader can get 30% of the team prize money;
- The TOP10 in revenue will split 40% of the revenue bonus of the team, and the TOP10 in profitability will split 40% of the revenue bonus of the team;
- Other members will share 30% of the team bonus according to the transaction amount;
Individual prize pool can share 20% of the total prize pool (80% profit and 20% return).
- The first place winner will receive 30% of the individual prize pool;
- The second place winner receives 15% of the individual prize pool;
- The third place winner will receive 10% of the individual prize pool;
- The fourth to sixth winners will share 24% of the individual prize pool;
- The seventh to tenth winners will share the individual prize pool 21%;
Winners cannot have less than 5,000 USDT in cumulative transaction during the event, otherwise the prize money will go to other matching users. If the winning trading team’s team leader’s cumulative transaction amount is less than 5,000 USDT, the team leader prize will be awarded to all team members who meet the demand.
If the trading team leader does not have affiliate partner privileges, he can receive 20% of the team’s total trading fees during the event.
The prize money will be paid out within 7 working days after the event ends. The prize money for this event is a gift, and it can be used as the principal, deposit, and transaction fee of the contract transaction. It cannot be cashed out.
USDT-M contract grid revenue is not counted in the performance of this event.
Participants are requested to transfer funds to the contract account in advance. Deposits during the event may affect the rate of return.
Join Bibox’s 6th futures team battle
Please click "Introduction of Bibox", if you want to know the details and the company information of Bibox.
(Forex Broker)
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...