January 10th “Spring Trade Enjoy Tet” Contest Terms and Conditions with Bitfinex / Lunar New Year Contest Terms and Conditions
announcement
Trade Spring and Tet Bonus Contests are only for Bitfinex users in Vietnam whose country of account registration is Vietnam.
To participate, players must register via: next form.
compete enjoy trade spring lunar new year It starts on Friday January 19, 2024 at that time 00:00 (GMT+7) Ends on Friday. February 2, 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 account Simulated trading. watch the video Instructions on how to create a subaccount and deposit money into your account.
Virtual capital deposit Go to your simulation account only once amount of money 333 USDt or 333 USD
Any participant can trade. dot and derivative In a simulated trading environment.
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 Before Friday, February 2, 2024 at that time 23:59 VNT(GMT+7). Balance only USD or USDt Converted to compensation.
One. 3 first prizes:
The top three most profitable traders will be rewarded based on the profits achieved in a simulated trading environment. The maximum total prize money is 3,333 USD and will be transferred to the primary wallet accounts of the top three winners.
for example:
king, Tuan and jewel Start a contest with virtual capital. $333 Each maintained their balance and finished the competition in the top three. $999, 1000 dollars, 2000 dollars In a simulated trading environment. king you will be rewarded 666 USD Real money goes into your wallet. Tuan you will be rewarded 667 Put USD real money into your wallet. and jewel you will be rewarded 1667 Put USD real money into your wallet.
If the total winnings of the top three exceed the prize limit, $3,333 The total revenue achieved by the top three players will be split pro-rata to the winner based on that player’s revenue.
Specifically:
king, Tuan and jewel Start a contest with virtual capital. 333 USD Each maintained their balance and finished the competition in the top three. $1333, $2333, $3333 In a simulated trading environment. king you will be rewarded 555,5 dollars Real money goes into your wallet. Tuan you will be rewarded $1111 Real money goes into your wallet. and jewel you will be rewarded 1666,5 dollars Real money goes into your wallet.
2. Bitfinex lucky money
Written by all participants registration form If you trade in the contest, you will receive a lucky red envelope worth 333 SAT from Bitfinex as part of Tet’s lucky red envelope..
Participants who complete Intermediate KYC during the contest period will receive a red envelope worth 888 SAT.
Players can only receive pink lucky money envelopes. 333 SAT Or a red envelope 888 SAT.
Winners will be announced within. 03 Business days after contest ends.
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
The Lunar New Year Contest is only available to Vietnamese customers of Bitfinex whose country of registration is Vietnam.
Customers must sign up through this. form link To participate in competitions.
The Lunar New Year Trading Competition begins on Friday, January 19, 2024 at 00:00 VNT (GMT+7) and ends on Friday, February 2, 2024 at 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 sign up for only one Paper Trade sub-account. Watch this video for instructions on: How to create a subaccount and top up your balance.
Each participant must make a deposit into the sub-account. only once Purchase for 333 USDt or $333 USD during the campaign period. Reloads are not permitted during the campaign period.
Participants can trade both spot and derivatives in the Paper Trade environment.
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 Friday, February 2, 2024. Only paid USD and USDT balances are included in account value calculations.
One. Top 3 products:
The top three traders by revenue will be rewarded with the profits generated in the paper trading environment in the main wallet.
The total prize limit is $3333.
for example:
Hoang, Tuan and Ngoc all begin the competition with a paper capital of $333 and end the competition in the top three with balances of $999, $1000 and $2000 respectively in the Paper Trade environment.
Hoang will be rewarded with $666 in real cash in his wallet. Tuan will be rewarded with $667 in real cash in his wallet. And Ngoc will be rewarded with $1,667 in real cash in her wallet.
In situations where the total prize money of the top three traders exceeds the cap, $3333 will be distributed proportionally to the winners based on how large their share of the total profits generated by the top three traders is.
for example:
Hoang, Tuan and Ngoc all begin the competition with a paper capital of $333 and end the competition in the top three with balances of $1333, $2333 and $3333 respectively in the Paper Trade environment.
Hoang will be rewarded with $555.5 in real cash in his wallet. Tuan will be rewarded with $1,111 in real cash in his wallet. And Ngoc will be rewarded with $1666.5 in real cash in her wallet.
2. Red pocket
All participants who wrote this form And if you trade in the competition, you will receive a lucky red bag of 333 SAT from Bitfinex as a good luck token for the Tet holiday.
Participants who reach intermediate level KYC during the campaign period will receive a special Red Pocket of 888 SAT.
Participants can receive either the Red Pocket of 333 SAT or the Red Pocket of 888 SAT, but not both.
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