The 1st session of Bibox Perpetual Contract Team Competition is coming, the champion will solely enjoy a reward of 10 BTC. The rest of the teams will be eligible to share 5,500 USDT!
This time, no upper limit rebates nor lower limit price, just come to fight for your rights!
Event Time
The event time is from 02/25/2019 12:00 P.M. to 03/16/2019 12:00 P.M. (GMT+8)
Event Contents
The competition will be in the form of groups or teams. There will be 1 team leader in each team, and 2 users can be a team (including the team leader). No limit to the number of team members.
【Team Battle】
During the event, Bibox will calculate the total amount of realised profit and loss of the team, and display Top 10 teams in real time on the event page. After the event concluded, the team awards are as follows:
| Team Battle Awards | |
| Champion | 10 BTC |
| 2nd Place | 3,000 USDT |
| 3rd Place | 2,000 USDT |
【Rank Competition】
During the event, Bibox will calculate and rank each team according to the Profit Rate of contract accounts. After the event concluded, we will reward the champion team 500 USDT.
Profit Rate =【 Assets at the end of the event -（Assets at the beginning of the event+deposit）】/（Assets at the beginning of the event+deposit）*100%
【We Are Together】
During the event, we pick 1 team with the most number of effective members (the team's realised profit and loss must in top 10) and reward each member 10 BIX airdrop.
Effective Members: The users who transfer assets to contract accounts and have at least 1 liquidation record during the event.
Special Notes
1. Team leaders have the rights to distribute the awards in the first 2 events.
2. The trading volume of each team must reach 200 Cont BTC or 5,000 Cont ETH every day, or the team's realised profits and losses on that day will not be recorded.
3. During the event, if any user transfer assets out from contract account, then the user is regarded as giving up the eligibility of this event (If the user's realised profit and loss > 0, then his contribution to any teams will be erased).
Team Leader Benefits:
- Enjoy a 10% commission of team members’ trading fee;
- Higher rebates for maker, lower transaction fee for taker；
- Enjoy help from Bibox official team in term of team members resources;
- Check team member’s real-time trading activities to adjust strategy in time;
- Team leaders have the distribution rights of 10 BTC and 5,500 USDT awards;
- Enjoy additional benefits in the next perpetual contract trading competition；
Besides, team leaders will become Bibox Communities Core and enjoy priority in more Bibox products and customed service.
If you want to join us as a team leader, or you want to realize more details about the event, please add us in Telegram:
@Bibox_kf
*Bibox reserves the final right of the interpretation of this event*
To ensure the fairness of this event, cheating is prohibited. Once cheating is confirmed, all the rights associated with the violator will be suspended. If the case is severe, the accounts associated with the violation will be suspended permanently.
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02/23/2019
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