Perpetual Trading Master Round 2 on BitForex

From 21th August 2019 19:00 - 24th August 2019 19:00 (GMT + 8), BitForex will give away $5,000 for the grand master in the perpetual contract trading master round 2.

 

Even Rules

1. Anyone can participate in the event by trading on the BitForex Perpetual Contract Platform or by having a long/short position. No further registration or participation is needed.
2. The event will last for 3 days; the rewards are devided into 2 types, daily ranking rewards, and total ranking rewards.
3. Profitability will be recorded from 19:00 on the previous day to 19:00 (GMT+8)t he following day. The top 20 winners from the daily rankings will be rewarded.
4. The total ranking will be the recorded from August 21st at 19:00 to August 24th at 19:00 (GMT+8), the top 20 winners from the total rankings will be rewarded.
5. Profitability calculation formula: Total profitability = { [account asset - (deposits to the perpetual account during the event - withdrawals out of the perpetual account during the event) - account assets when the event started] / (account assets at the time of event start + deposits in the perpetual account during the event) } * 100% 
6. The following trading pairs will be included in the profitability calculations: BTC/USD, ETH/USD, LTC/USD, XRP/USD. Coins will be converted into current USD price at the time of profitability calculation.

 

Prizes

Total Ranking:

1st place: $5,000

2nd - 5th place: $500

6th - 20th place: $100

Daily ranking

1st place: $2,00

2nd - 5th place: $250

6th - 20th place: $50

 

Reward Distribution Terms

All rewards will be sent within two business days of the final ranking announcement, and the system will automatically issue the equivalent BTC reward to the user's spot account.