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Registration and Contest Time:

Registration Start Time: 2022-05-14 10:00

Contest Start Time: 2022-05-20 10:00

Registration Deadline: 2022-06-10 10:00

Contest End Time: 2022-06-17 10:00

Week 1: 2022-05-20 10:00 to 2022-05-27 10:00

Week 2: 2022-05-27 10:00 to 2022-06-03 10:00

Week 3: 2022-06-03 10:00 to 2022-06-10 10:00

Finals: 2022-06-10 10:01 to 2022-06-17 10:00

 

Event Details:

1. Check-in
During BingX 4th Anniversary Celebration (5 weeks in total from 2022-05-14 to 2022-06-17), log in BingX daily to participate.

1. Check in daily to open corresponding mystery boxes and get rewards such as bonuses, rebate vouchers, and limited edition NFTs;

2. The check-in will restart with an updated prize pool every week;

3. If you miss a day, your daily check-in will continue from the next day. For example: User A check-in on day 1 but misses day 2. When user A check-in again on day 3, the check-in counter will start from day 2;

4. Visit "My NFT" for the reward details.

 

2. Preliminary Round
Registration Requirement:
Users need to sign up for the event from 2022-05-14 to 2022-06-10 and have a minimum balance of 30 USDT in their account to be eligible for the preliminary round.
A. Profit Ranking (3 Sessions)

I: During the preliminary, entrants will be ranked according to their profit amount and the Top 5 entrants of each session will win a prize each after the session (1 week) ends;
II: Profit Ranking Calculation: Individual Profit Amount = Current Net Value (including unrealized P&L) - Initial Net Value + Cumulative Withdrawal during the Event - Cumulative Deposit during the Event- Profit from Orders Created with Bonuses during the Event. Since the calculation of the net value takes time, there may be a delay in the update of the profit amount.
Note: Only the profit of USDT Standard Contract trading will be calculated into the competition statistics.
III:Preliminary Rewards:

Profit Ranking of Each Session

Rewards (USDT)

1st

5,000

2nd

1,000

3rd

500

4th-5th

300

The Top 30 winners of each session can advance to the final round. The Top 50 winners of each session will randomly get an NFT reward. Each session is independent.

 

B. Popularity Contest
I: Users can vote for entrants of their own choice and entrants will be ranked in descending order according to their popularity which is dependent on the votes. All entrants will be displayed by default ( Each user has one vote per day and can vote for different entrants during the event);
II: After the three sessions have ended, the Top 100 popular entrants will advance to the final round. The Top 170 popular entrants will get a limited edition BingX NFT reward (The data statistics at 2022-06-10 09:59:59 (UTC+8) shall prevail).


3. Final Round

A. Profit Ranking (1 Session)

I: Finalists: The Top 30 entrants in the Profit Ranking of each session + the Top 100 entrants in the Popularity Contest from the preliminary round. The maximum number of finalists is 190, and the minimum number of finalists is 100;
II: Ranking Mechanism: During the final round, finalists will be ranked according to their profit amount. The Top 10 finalists will win the prizes after the final round;
III: Profit Ranking Calculation: Individual Profit Amount = Current Net Value (including unrealized P&L) - Initial Net Value + Cumulative Withdrawal during the Event - Cumulative Deposit during the Event- Profit from Orders Created with Bonuses during the Event. Since the calculation of the net value takes time, there may be a delay in the update of the profit amount.
Note: Only the profit of USDT Standard Contract trading will be calculated into the competition statistics.
IV: Final Prize:

Profit Ranking

Prize

1st

50,000 USDT

2nd-3rd

20,000 USDT

4th-5th

5,000 USDT

6th-7th

2,000 USDT

8th-10th

1,000 USDT

B. Team Popularity Contest
The system will create a team for each finalist in the final round. Entrants who do not make it to the final round can join any team to increase the team's popularity. The top 3 popular teams will share the corresponding team prize. (Entrants cannot change their team after joining)
I: Requirement for Joining a Team: Entrants need to have a minimum trading volume of 3,000 USDT for Standard Futures during the Celebration event;
II: The final prize will be equally distributed among members of each winning team.
III: Reward Details:

Ranking

Prize Pool

Top 1 Team

30,000 USDT

Top 2 Team

10,000 USDT

Top 3 Team

5,000 USDT

 

4. Limited Edition BingX NFTs
BingX will release 500 limited edition BingX NFTs for this event, which can be earned by checking in daily, signing up for the event, and participating in the preliminary and final rounds. BingX sets different buyback prices for different NFTs. Users can convert their NFT(s) to USDT or withdraw to their wallet.

NFT Introduction
NFT stands for Non-Fungible Token. It is of collection and trading value.

Common tokens such as BTC and ETH are homogenized. BTC and ETH are no different and can be converted interchangeably. In contrast, the significant feature of NFT is that each NFT has a unique and sole identifier, which is non-interchangeable.

The uniqueness of each NFT contributes to its collection and transaction value and captures increasing attention. NFT has practical and promising application prospects in games, collectibles, artwork, identity, and more fields.