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Notes for Registration

To participate in this activity, please carefully read the following tips related to the activity:

  1. The activity requires the initial net asset value to be more than 10 USDT. If the asset value requirement is met after registration, it is considered valid.
  2. During the activity, deposits and withdrawals will directly affect your profit rate.
  3. Rewards will be issued within 24 hours after the event.
  4. BingX reserves the right to disqualify users that violate the rules of self-dealing, wash trading, and use multiple accounts.

Notes & Terms:

  1. Registration Start Time: 12:00, July 19 (UTC+8)
  2. Competition Start Time: 12:00, July 20 (UTC+8)

  3. Registration/ Competition End Time: 12:00, July 30 (UTC+8)
  4. This competition is open to English-speaking regions only.
  5. Registration is required for participating in this event. A random bonus of up to 100 USDT (10x) can be obtained after signing up for the competition.
  6. After registration, only accounts with assets ( in Standard Contract USDT account)  greater than or equal to 10 USDT can participate in this trading competition.
  7. This competition is based on profit rate ranking. Awards will be issued according to the ranking at the end of the activity.

Calculation of Profit Rate:

  1. Profit Rate = [Net Assets of Account after the Settlement - Other Income - (Initial Net Assets of Account + Deposit)  + Withdrawal] / (Initial Net Assets of Account + Deposit)
  2. Initial Net Assets of Account: Net assets of the account at the start of the competition (unrealized PnL included)
  3. Net Assets of Account after the Settlement: Net assets of the account at the end of the competition (unrealized PnL included)
  4. Deposit = Cumulative deposits during the competition, including direct deposits, internal transfer, crypto convert, invitation commission and profits generated from bonus orders.

Note: Only the profit of USDT Standard Contract trading will be calculated into the competition statistics.

  1. Award Description

Profit Rate Ranking Competition: TOP 10 will get the corresponding USDT award as below.

Rankings

Award

1st

30,000 USDT

2nd

10,000 USDT

3rd

5,000 USDT

4th & 5th

3,000 USDT

6th & 7th

1,000 USDT

8th, 9th & 10th

500 USDT

( The profit ranking awards will be distributed within 7 calendar days after the event.)

  1. Bonuses offered for this event consist of two types, one with a trading volume limit and another without unlock conditions. Please use them as per the specific rules.
  2. The Max. leverage of the rewarded bonus in this competition is 10X. The validity of the bonus is 10 days.
  3. Please be reminded that if there is any evidence of cheating, or trading occurring in both directions simultaneously, or high-frequency trading, or usage of multiple accounts, or other unfair activities, the corresponding accounts will be removed.
  4. BingX reserves the right to the final interpretation for this event.

 

Risk Warning:

Digital asset derivatives trading is highly leveraged and risky, and may result in partial or total loss of account funds. Before conducting contract trading, investors must ensure that they understand the nature and rules of contract trading, and decide whether to participate in contract trading based on their investment experience, goals, financial status, and ability to bear risks.

BingX Operation Team
2021/07/17