This time we are changing up the format to introduce Copy Trading!
This is a Copy Trading competition, meaning all participants can opt in to be Copy Leaders. This also means other participants can follow along and copy those who have opted in as Copy Leaders.
● Copy Leaders will get bonuses depending on the number of “copiers” they have. ● Copiers will be eligible for all prizes, just as if you were trading yourself.
Old and New BitMEX users who participate in the competition registered through the link below will receive 50 USD to your BitMEX account. (The link is the same as the one from the previous competitions.)
At the end of the competition, leaders with positive profit rate will receive a $10 bonus per copier.
Social Media
100 USD
Be selected to receive the cash bonus for sharing about the competition on your social media.
Participation Requirements
Minimum Balance
0.005 BTC
***Winners need to keep a minimum of 0.005BTC in their account until the end of the competition to be eligible for the prize. DO NOT withdraw so you end up with less than that amount.***
Base Rule: For the 8th BitMEX Competition, we consider each exchange account as a separate participant. (It means if you have 3x BitMEX exchange accounts, it will count as 3x participants.) You may participate with multiple accounts. However, you are not allowed to join multiple times with the same exchange account.
1. A minimum of 0.005 BTC or equivalent value in any token in your BitMEX wallet is required to register for the competition. 2. Once you have successfully registered to the competition but your balance drops below the minimum requirement before the competition starts on 23rd of Nov 12PM (UTC+9), you will be unregistered from the competition until you reach the minimum requirement again. 3. Winners need to have at least 0.005 BTC or equivalent in balance on their account by the end of the competition to be eligible for the prize. 4. Participants may register until the 7th of Nov 12 PM (UTC+9) 5. All trades in BitMEX during the competition time will count towards the competition trading volume. 6. Winner selection is based on the highest individual PnL % (Profit %) by the end of the competition period. a. PnL% = ((Current Balance + Withdraw) - (Starting balance + Deposit)) * 100 / (Starting balance + Deposit) b. Any bonus received during the competition will be considered as a deposit. c. You may withdraw and deposit whenever you want, but your profit rate will be affected. d. All calculations will be made according to League of Trader’s PnL 7. If two participants produce the same PnL(%), the final ranking will be determined by their total trading volume. 8. You cannot delete the API key that is being used to calculate the profit during the competition. (You could be deleted from the competition.) 9. Do not delete your API key until all the prizes and bonuses have been handed out, it might prevent you from receiving the prizes. 10. If you change your nickname during the competition period, you may not be eligible for prize money and bonus payments. 11. Prizes and bonuses will be awarded within 7 days after the closing of the competition on the 14th of Dec 12PM (UTC+9). All the prizes will be distributed to the participant’s BitMEX account. 12. League of Traders reserves the right to ask for KYC to the winners to confirm that there are no duplication winners.
Disclaimer
- Users should trade cryptocurrency at their own risk. - League of Traders does not provide investment advice. - League of Traders does not have custody over users’ assets nor executing trades for the users. - League of Traders is not providing the trading or selling of cryptocurrency products on BitMEX. - League of Traders reserves the right to modify the terms of this competition without notifying users in advance. - League of Traders reserves the right of final interpretation of this event. Any judgments made by League of Traders are final, do not need any justification, and cannot be disputed. - Any behavior that League of Traders suspects to be similar to wash trading or other potentially manipulative activities can be grounds for disqualification from the competition and any prizes. - BitMEX is not responsible for any calculations of PNL or the winners. - BitMEX holds no responsibility over the rules or terms of this competition. - BitMEX is not managing or involved in the operation of this competition.