Bibox's "Fourth Perpetual Contract Team Contest", Participate in sharing millions of USDT

Dear Biboxers,

Bibox's "Fourth Sustainable Contract Team Contest" is again, participate to share millions of USDT, and there are multiple benefits such as unlimited commission rebates and referral programs!

How it works?

There are three ways: Sharing, team competition and individual competition.

In the team competition, one person starts the group, and two participants are valid. There is no upper limit for the number of teams.

Activity time                                                       

Registration time: 16:00 on April 28, 2020-16:00 on May 20, 2020

Activity time: 16:00 on May 08, 2020-16:00 on May 22, 2020

Event 1, Share posters to split 10,000 USDT rewards

During the event registration, if users with Bibox user assets greater than 10U share the posters on social media and take screenshots, Fill out Google form to submit your Bibox UID and screenshots, you may participate sharing the 10,000USDT token reward. Each account can submit an application for up to 5 sharing rewards, and each account can apply once per day

Google form 

During the registration period, if you successfully invite new users to register for the team battle, you can enjoy 10% of the effective contract commission rebate of the invited users during the team battle.

Event 2, Leader popularity battle, top prize 16,800USDT

During the event, the leader invites friends to participate in the contract team battle. The leader of the top 5 active users in the team will receive additional individual rewards. The larger the number of teams, the higher the award is.

Number of team members	TOP1	TOP2	TOP3	TOP4	TOP5
≥2000	16800	12000	8000	4000	2000
1500-1999	12800	9000	6000	3000	1500
1000-1499	8800	6000	4000	2000	1000
600-999	4880	3600	2400	1200	600
200-599	2480	1800	1200	850	450
50-199	1280	900	600	450	300
0-49	640	480	320	240	160

For example: At the end of the event, leader A has 863 team members, ranking first, then the leader reward is 4880USDT, and leader B has 236 team members, ranking second, the reward is 1800U.

Event 3, Team battle with the highest reward of 210,000USDT

During the event, the platform will rank according to the revenue of the team. The higher the number of team members, the higher the event reward. Details are as follows:

Number of team members	TOP1	TOP2	TOP3	TOP4-10
≥2000	210000	105000	52500	10500
1500-1999	126000	63000	31500	6300
1000-1499	98000	49000	24500	4900
600-999	49000	24500	12600	2800
200-599	28000	14000	7000	1400
50-199	14000	7000	3500	700
0-49	7000	3500	1750	350

For example: At the end of the event, team C has 989 team members and the second-highest revenue amount, then the team reward is 24500 USDT, while at the end of the event, team D is 523 people and the third-highest revenue amount, then the team reward 7000U.

Team Battle Description

1. Allocation of team rewards: The group leader takes 30% of the team bonus alone, and the top 10 users of the team's income divides 40% of the team bonus according to the amount of income, and all team members share 30% of the team bonus.

Leader's rights and interests:

①Enjoy a 20% rebate on the effective commission of the entire group contract during the event, and there is no upper limit for rebate.

②You can open a single trader qualification and let the group members follow the order with one click. The leader of the trader qualification opened during the team battle can enjoy a 40% discount on the processing fee (the group leader cannot be used as an invited user and provide a commission rebate to the invited user)

③Bibox official assists in recruiting team members, making heads to announce posters and other related auxiliary work.

④The head of the group has the right to decide whether to accept the application of the group members.

⑤ During the recruitment of team members, the leader may apply to the Bibox official for a new red envelope subsidy.

Event 4, Individual competition, winner takes all 78,800USDT

During the event, the cumulative transaction volume will be ranked. The top 10 cumulative transaction volume users will receive rewards. The larger the transaction volume is, the more rewards will be earned. The reward rules are as follows:

Cumulative transaction volume（USDT）	TOP1	TOP2	TOP3	TOP4-10
≥100000000	78800	62000	50000	40000
50000000—99999999	38800	32000	25000	20000
20000000—49999999	18800	14000	10000	8000
12000000-19999999	10800	8000	6000	4800
6000000—11999999	5800	4200	3200	2500
3000000—5999999	2980	2400	1900	1400
1000000—2999999	1380	1100	800	500

For example: user E has a cumulative transaction volume of 35 million U, ranking first, the event reward is 18800U; user F has a cumulative transaction volume of 18 million U, ranking third, the event reward is 6000U.

Notes:

1. Within the validity period of the event registration, the user's contract account assets must be higher than 10U before they can register to participate in the team battle activity.
2. During the event, the team battle revenue will be calculated and summed up according to the revenue of all members of the contract trading positive revenue. The members with negative revenue will not be included in the team revenue calculation.
3. The valid contract fee is calculated according to the user's Taker transaction volume * (current Taker fee rate—0.015%)
4. The trading volume ranking during the event will be calculated according to the user's Maker trading volume + Taker trading volume, and will be ranked.

How to form or join a team?

Form a team

1. Sign up through the team battle registration link below.

          Click to register to create your team 

2. When creating a team, the contract account must have at least 50 USDT assets before creating a team and registering for the competition.
3. One person opens the group, and the team is valid if there are more than two people. There is no upper limit for the number of teams.
4. During the event registration time, you can sign up as the leader and invite friends to join your team. After the registration time, you cannot register for the leader or join the team.
5. The official Bibox will assist the leader in recruiting team members, establish a team community, produce a poster for the leader, subsidize the drawing of new red envelopes and other related auxiliary work.
6. The leader can establish his community, or open a single trader qualification, provide market analysis, and lead users to contract transactions. However, the personal actions of the leader cause the loss of the members, and Bibox officials will not bear it.

join the team

1. Select the group you want to participate on the registration page or the link below.

          Click to sign up to join someone else's team

2. When registering to join the team, the contract account must have at least 10 USDT assets before joining the team and registering for the competition.
3. During the registration period, you can register for the competition. Once you join, you cannot change or leave the team.

Precautions:

1. The contract account assets should not be less than 10 USDT when users register for the contest; the account assets should not be less than 50U when the team leader creates a team.
2. The participating contracts in this trading contest are all trading pairs of the Bibox perpetual contract.
3. During the event, users can choose to create a team or join a team.
4. Accounts and sub-accounts with special rates for contract transactions do not participate in this event.
5. Prohibitions such as knocking and other violations of the principle of fairness of activities will be disqualified from winning prizes once found, and severe accounts will be banned.
6. If the leader breaks the rules, all rewards will be canceled.

Award distribution:

Event rewards will be distributed to the "My Wallet" account within 5 working days after the event ends.

Bibox Team

Official website：https://www.bibox.com/

4/30/2020

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