CoinCatch Trading Competition: 25 BTC Prize Pool - Thanksgiving Special! – CoinCatch

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🕑Registration Period: 2023-11-07 14:00 (SGT) - 2023-11-26 20:00 (SGT)

🕗Competition Period: 2023-11-13 20:00 (SGT) - 2023-11-27 20:00 (SGT)

1. Eligible Contracts:

Participants can trade in any Futures contract, whether USDT-margined or Coin-margined, to join the competition.

2. Minimum Trading Volume Requirement:

To qualify for a share in the prize pool, participants must achieve an accumulated individual trading volume of 20,000 USDT or more during the competition.

3. Minimum Net Asset Requirement:

Each participant's total assets in Spot and Futures accounts must be no less than $300 (equivalent in USDT).

4. How to Register:

Click "Registration" to sign up for the competition.

5. Prize Pool and Rewards:

The prize pool depends on the number of participants. The reward amount will continuously expand with an increasing number of participants and can reach up to 25 BTC. See details below:

The number of participants and corresponding prize pools:

Number of Participants	Prize Pool (BTC)
0-500	5
501-1,000	10
1,001+	25

6. Total Prize Rewards Allocation Rules:

*There are both "Intercontinental Trading Competition" and "Individual Competition".

*The "Intercontinental Trading Competition" shares 60% of the total prize pool, and the "Individual Competition" shares 40% of the total prize pool.

*Rewards from both Intercontinental and Individual competitions can be claimed repeatedly.

7. Intercontinental Competition Sharing Rules:

The Intercontinental Competition is divided into six regions: Asia, Europe, North America, South America, Africa, and Oceania.

1) The prize pool is distributed based on the total trading volume of each region:

*The region with the highest trading volume shares 40% of the "Intercontinental Competition" prize pool.

*The region with the second-highest trading volume shares 30% of the "Intercontinental Competition" prize pool.

*The region with the third-highest trading volume shares 20% of the "Intercontinental Competition" prize pool.

*The region ranked fourth to sixth share 10% each of the "Intercontinental Competition" prize pool.

Intercontinental Trading Volume Ranking	Trading Prize Share
1	40%
2	30%
3	20%
4-6	10%, in total

2) Users share the regional prize pool based on their individual trading volume (cumulative trading volume of no less than 20,000 USDT).

8. Individual Competition Sharing Rules:

Profit Rate prize: The top 10 participants in profit rate will share 30% of the "Individual Competition" prize pool.
Individual Trading prize: The top 10 participants in trading volume will share 60% of the "Individual Competition" prize pool.
All other participants whose profit rate and trading volume do not rank in the top 10 will share 10% of the "Individual Competition" prize pool, provided that the distributed amount shall not exceed that of the tenth-ranked user in trading volume, and rewards below 1 USDT will not be issued.

1) Top 10 traders by profit rate:

*The first-place trader will receive 30% of the profit rate prize.

*The second-place trader will receive 20% of the profit rate prize.

*The third-place trader will receive 10% of the profit rate prize.

*Traders ranked fourth to tenth will share 40% of the profit rate prize pool based on their trading volume (Individual rewards for the 4th to 10th places shall not exceed 10% of the profit rate prize).

Individual Profit Rate Ranking	Profit Rate Prize Share
1	30%
2	20%
3	10%
4-10	40%, in total

2) Top 10 traders by trading volume:

*The first-place trader will receive 30% of the individual trading prize.

*The second-place trader will receive 20% of the individual trading prize.

*The third-place trader will receive 10% of the individual trading prize.

*Traders ranked fourth to tenth will share 40% of the individual trading volume prize pool based on their trading volume (Individual rewards for the 4th to 10th places shall not exceed 10% of the individual trading prize).

Individual Profit Rate Ranking	Profit Rate Prize Share
1	30%
2	20%
3	10%
4-10	40%, in total

9. Additional Rules:

*Participants must have a positive profit rate and meet the trading volume criteria to be eligible for profit rate ranking and rewards.

*In the case of the same profit rate, the trader with the higher trading volume will be considered.

*Profit Rate = Profit / (Initial Net Asset + Total Deposits + Trial Funds).

*The user's profit ratio denominator is determined based on their Initial Net Asset + Total Deposits + Trial Funds. If this total is less than 300, the denominator is set to 300. If it's greater than 300, the denominator is the sum of these values (Initial Net Asset + Total Deposits + Trial Funds).

*The "Initial Net Asset" refers to the initial assets of Futures account at the time of registration, including the total assets in both USDT-M and Coin-M Futures accounts.

*Trading Volume = Principal * Leverage. For example, open and close a position with 10 USDT principal and 50x leverage can reach a trading volume of 1,000 USDT.

*Participants who receive profit rate bonuses can also receive trading bonuses at the same time.

10. Check-in to Earn $900!

Follow these steps to qualify for rewards, with the opportunity to earn a maximum of $900.

Step 1: Complete a daily Futures trading volume of $100,000 during the event period to get $20 reward.
Step 2: Achieve a daily Futures trading volume of $300,000 to get an additional $30, totaling $50 for that day.
Step 3: Maintain a streak of check-ins for 7 consecutive days (with a minimum of $100,000 daily trading volume for 7 consecutive days) to get an extra $50.
Step 4: Expand your check-in streak to 10 consecutive days (with a minimum of $100,000 daily trading volume for 10 consecutive days) to receive an extra $100.
Step 5: Keep the momentum going with check-ins for 14 consecutive days (with a minimum of $100,000 daily trading volume for 14 consecutive days) to receive an extra $200. (Rewards from steps 3, 4, and 5 cannot be cumulative.)

*Limited to 200 users on a first-come, first-served basis.

11. Up to 25% Payback in Deposits!

1) For new users who register between 2023.11.07 14:00 (SGT) - 2023.11.27 20:00 (SGT):

*Complete the first deposit of $500 or more during the event period and transfer it to the Futures account to receive 25% of the deposit amount in trial funds. The maximum reward amount is 300 USDT per user.

2) For existing users who registered before 2023.11.07 14:00 (SGT):

*Complete the first deposit of $1,000 or more during the event period and transfer it to the Futures account to receive 20% of the deposit amount in trial funds. The maximum reward amount is 500 USDT per user.

Rules:

*The deposit amount refers to the first deposit made during the event period.

*Withdrawals are not allowed during the event. Withdrawing during the event period is considered forfeiting the reward.

*Limited to 200 users on a first-come, first-served basis. The order is based on the time of the first deposit during the event.

12. 100% Liquidation Subsidy

Users who sign up for the event during the competition and complete Futures trading volume of ≥100,000 USDT are eligible for a 100% liquidation subsidy.

During the event period, in the case of liquidation within the platform, 100% of the liquidation amount will be refunded in trial funds. The maximum reward amount is 50 USDT per user, limited to 500 users.

13. Early Bird Exclusive: Share $20,000 Reward!

Event Period: 2023-11-07 14:00 (SGT) - 2023-11-13 20:00 (SGT)

During the Early Bird period, the first 200 users who sign up for the event will share an additional $20,000 reward, with the reward amount randomly distributed among participants.

Terms and Conditions:

Users need complete KYC identity verification to claim the reward.
Users must click "Registration" to sign up for the competition.
The first deposit during the event period refers to the amount that users deposit for the first time between 2023.11.07 14:00 (SGT) and 2023.11.27 20:00 (SGT).
Participants must have an individual accumulated trading volume of 20,000 USDT or more during the event period to be qualified for a share of the prize pool.
All USDT rewards will be distributed in the form of trial funds.
Unless otherwise specified, event rewards will be distributed within 14 business days after the event ends. Rewards less than 1 USDT or less than 0.00005 BTC will not be distributed.
Except the deposit payback event that follows the order of deposits on a "first-come, first served" basis, in activities with participant limits or prize pools, participation order is based on the order of registration.
Real-time rankings show the top 50 participants, while final rankings display the top 10.
All types of internal transfers within the platform, including internal transfers and fund settlements, and all types of gifts or vouchers will not be considered as valid deposits.
If you transfer assets from an account with trial funds to another account or external wallet before the trial funds are fully consumed, the remaining trial funds in the account will be invalidated. Trial funds received from this event are valid for 7 days. Click to learn more about trial funds.
During the activity period, CoinCatch will closely monitor traders' activities to deter any cheating practices. These include, but are not limited to, actions such as malicious wash trading, bulk-account registrations, self-trading, collusion, opening multiple accounts to obtain additional rewards, and any other activities related to illegal, fraudulent, or harmful purposes. If cheating behavior is detected, CoinCatch reserves the right to disqualify the corresponding participant.
Accounts with the same IP address will not be eligible for rewards.
CoinCatch reserves the right to make the final interpretation of the Terms and Conditions, including but not limited to modifying, changing or cancelling the Event without prior notice. If you have any questions, please feel free to contact us.