Notes:
Welcome to the Challenge! Please take note of the following details to participate in this event.
1. This event requires users' initial equity (net asset value) to be at least 50 USDT. As long as you meet this requirement after signing up, you are qualified for this event.
2. During the event, all deposits and withdrawals will affect the statistics of your profit and ROI.
3. The ranking prizes will be issued within 48 hours after the event.
4. BingX reserves the right to disqualify any users involved in unfair activities, including but not limited to using multiple accounts, self-dealing and malicious manipulation.
 
Event Rules: (To keep the contest in order, please change the event time to the local time)
1. Sign-up Start Time: 2022-08-22 00: 00 (UTC+8)
Sign-up is open throughout the event.
2. Challenge Start Time: 2022-08-22 12:00 (UTC+8)
Challenge End Time: 2022-08-30 23:59 (UTC+8)
3. Sign-up is required to join this event. Successful sign-up stands a chance to get a bonus.
4. Users’ initial equity (net asset value) must be at least 50 USDT (USDT only) with a cumulative trading volume of over 1,000 USDT to qualify for the ranking events (The data will be updated every 30 minutes).
5. This event includes Profit Ranking and ROI Ranking, which are independent of each other. The prizes will be issued according to the ranking list after the event.
6. Profit Ranking Calculation: Individual Profit Amount = Current Equity (including unrealized P&L) - Initial Equity + Cumulative Withdrawal during the event - Cumulative Deposit during the event - profit generated from using bonuses during the event. Since the calculation of the equity takes time, there might be a delay in the update of the profit.
ROI Ranking Calculation
a) ROI= [Equity after Settlement - Other Incomes - (Initial Equity + Deposit) + Withdrawal] / (Initial Equity + Deposit)
b) Initial Equity: Net asset value of the account at the start of the Challenge (unrealized P&L included)
c) Equity after Settlement: Net asset value at the end of the Challenge (unrealized P&L included)
d) Deposit = Cumulative deposits during the competition, including deposits, internal transfer, crypto conversion, referral commission and profits generated from using bonuses.
Note: The event only counts USDT-Margined Standard Futures trading.
7. Prize Details
a. Profit Ranking (Top 10):
Ranking
Prize
1st
5,000 USDT
2nd
3,000 USDT
3rd
2,000 USDT
4-5th
1,000 USDT
6-7th
500 USDT
8-10th
300 USDT
 
b. ROI Ranking (Top 10):
Ranking
Prize
1st
5,000 USDT
2nd
3,000 USDT
3rd
2,000 USDT
4-5th
1,000 USDT
6-7th
500 USDT
8-10th
300 USDT
(All prizes will be issued within 48 hours after the event)
8. Any users involved in unfair activities, such as using multiple accounts, volume faking or wash trades, will be removed.
9. BingX reserves the right to the final interpretation of this event.