February 26 “Dare to Double” Contest – Double Your Account in March
announcement
The “Dare to Double” contest is only open to Vietnamese customers of Bitfinex whose country of registration is Vietnam.
To participate, players must register via: form.
compete “Take the challenge twice” It starts on Tuesday. June 3, 2024 at that time 00:00 (GMT+7) Ends on Tuesday. March 27, 2024 at that time 23:59 VNT(GMT+7).
Participants must Minimum Basic Plus level certification Create a secondary account and enter contests.
Only participants can register one Trading subaccount. watch the video Instructions on how to create a subaccount and deposit money into your account.
Participants can only deposit capital into their own subaccounts. once During the campaign. Participants can deposit any amount during the following periods: 10USDt and 100USDt. Reloads are not permitted during the campaign period.
Participants can trade both spot and derivatives.
The deadline for completing the contest registration form is 48 hours prior to the end of the contest. Players who have submitted their registration form within the last 48 hours will be disqualified.
Participants must liquidate all positions And convert to USD or USDt the day before tuesday March 27, 2024 at that time 23:59 VNT(GMT+7). Balance only USD or USDt Converted to compensation.
One. Top 3 traders:
Bitfinex will double the overall account value of the top three with the highest percentage.
The maximum total prize money for the top three is $3500.
for example:
| evaluation | top 3 | Initial capital | % profit | Final Account Value | compensation |
| top 1 | not | $30 | 400% | $150 | $150 |
| top 2 | jar | $100 | 350% | $450 | $450 |
| top 3 | chow | $50 | 300% | $200 | $200 |
If the top three total prize pool exceeds the limit, $3500 will be split pro rata among the three winners based on each individual’s balance ratio to the total top three balances.
The formula is: individual account value / total value of top 3 accounts * $3500 = each individual’s winnings.
for example:
| evaluation | top 3 | Initial capital | % profit | Final Account Value | compensation |
| top 1 | not | $100 | 2000% | $2100 | $1531.25 |
| top 2 | jar | $100 | 1500% | $1600 | $1166.55 |
| top 3 | chow | $100 | 1000% | $1100 | $802.2 |
2. Happy Women’s Day:
All female traders who are in the top 10 with highest returns but not in the top 3 (based on KYC) will also have their overall account value doubled by Bitfinex.
The maximum total prize money for the top 10 girls is $2000.
for example:
| evaluation | top 10 | Initial capital | % profit | Final Account Value | compensation |
| top 1 | not | $30 | 600% | $210 | $210 |
| top 2 | jar | $100 | 450% | $550 | $550 |
| top 3 | Chow (female) | $90 | 400% | $450 | $450 |
| top 4 | Russia (Women) | $50 | 350% | $225 | $225 |
| top 5 | wealth | $60 | 320% | $252 | conditions are not met |
| Top 6 | Han (female) | $40 | 300% | $160 | $160 |
| Top 7 | Paint | $70 | 280% | $266 | conditions are not met |
| Top 8 | Kiet | $60 | 250% | $210 | conditions are not met |
| top 9 | strong | $80 | 180% | $224 | conditions are not met |
| top 10 | mine (female) | $55 | 100% | $110 | $110 |
Winners will be announced within 3 business days of the end of the contest.
Prize money will be transferred to the winner’s primary account within one week of notification.
Cheating will result in disqualification. Violation of Bitfinex Terms of Service, violation of Bitfinex Trading Rules policy, or violation of general campaign rules will result in disqualification.
Bitfinex reserves the right to pre-emptively disqualify any participant who violates the above procedures.
Bitfinex employees are not eligible to win prizes in contests.
Join the Bitfinex Vietnam community to learn more about the rules and get the fastest updates on other exclusive offers available only to Vietnamese users: TG Chat | Facebook | Dissension
“Dare to Double” Trading Contest Terms and Conditions
The “Dare to Double” trading competition is only available to Vietnamese customers of Bitfinex whose country of registration is Vietnam.
Customers must register via this form to participate in the competition.
The “Dare to Double” trading competition begins. Tuesday, March 6, 2024 00:00 VNT (GMT+7) and ends in Tuesday, March 27, 2024 23:59 VNT (GMT+7).
Contestants must reach the Basic Plus authentication level to create a sub account and participate in the competition.
Each participant must register only one exchange sub-account. Watch this video for instructions on how to create a subaccount and deposit cryptocurrency into it.
Each participant must make a deposit into the sub-account. only once During the campaign. Participants can deposit money anywhere Between 10 USDt and 100 USDt. Reloads are not permitted during the campaign period.
Participants can trade both spot and derivatives.
The deadline for contest entry is 48 hours before the end of the contest. Entrants who complete the form within the last 48 hours of the competition period will be disqualified.
participants All open positions must be closed. All assets in your account must be exchanged for USD or USDT before 23:59 VNT (GMT+7) on Tuesday, March 27, 2024. Only paid USD and USDT balances are included in account value calculations.
Top 3 Prizes
The top three traders with the biggest percentage gains will have their overall balances doubled by Bitfinex.
The total prize money for the top three is limited to $3500.
for example:
| ranking | top 3 | Initial capital | % profit/loss | final balance | compensation |
| One | not | $30 | 400% | $150 | $150 |
| 2 | jar | $100 | 350% | $450 | $450 |
| three | chow | $50 | 300% | $200 | $200 |
In situations where the total prize money of the top 3 traders exceeds the cap, $3500 will be distributed proportionally to the winners based on how large the ratio of their balances is to the total balance generated by the top 3 traders.
Formula: Personal Total Balance/Top 3 Total Balance * 3500 = Personal Rewards
for example:
| ranking | top 3 | Initial capital | % profit/loss | final balance | compensation |
| One | not | $100 | 2000% | $2100 | $1531.25 |
| 2 | jar | $100 | 1500% | $1600 | $1166.55 |
| three | chow | $100 | 1000% | $1100 | $802.2 |
Happy Women’s Day:
In celebration of International Women’s Day, all female traders (verified via KYC) who are in the top 10 with a percentage increase but not in the top 3 will also have their balances doubled by Bitfinex.
Total prize money for women is limited to $2000.
for example:
| ranking | top 10 | Initial capital | % profit/loss | final balance | compensation |
| One | not | $30 | 600% | $210 | $210 |
| 2 | jar | $100 | 450% | $550 | $550 |
| three | Chow (female) | $90 | 400% | $450 | $450 |
| 4 | (female) | $50 | 350% | $225 | $225 |
| 5 | wealth | $60 | 320% | $252 | that |
| 6 | hand (female) | $40 | 300% | $160 | $160 |
| 7 | Paint | $70 | 280% | $266 | that |
| 8 | Kiet | $60 | 250% | $210 | that |
| 9 | strong | $80 | 180% | $224 | that |
| 10 | my (female) | $55 | 100% | $110 | $110 |
Winners will be announced within a year. 3 business days After the competition ends.
The winnings will be credited in USD to the winner’s primary account within one week of announcement.
Any attempt to cheat will result in disqualification. Violation of the Bitfinex Terms of Service, Bitfinex Trading Rules, or Bitfinex Competition General Rules will result in disqualification.
Bitfinex reserves the right, at its discretion, to disqualify any participant for violation of the above terms and conditions.
Bitfinex employees are not permitted to participate in the competition.
Join the Bitfinex Vietnam community to learn more about Paper Trade competitions and be the first to know about other exclusive offers for Vietnamese customers: TG Chat | Facebook | Dissension