2020 Hydax Global Grid Trading Competition: 1 BTC + 100,000 HDX
To celebrate the strategic cooperation of Hydax Exchange and BitUniverse, Hydax Exchange now holds the 2020 Global Grid Trading Competition with a total of 1 BTC and 100,000 HDX in prizes to give away to our users and participants worldwide!
Prize Pool in Total:
1 BTC + 100,000 HDX
Competition Period:
2020/02/27 10:00 AM to 2020/03/01 10:00 AM （UTC+8）
How to Use the Grid Trading Tool on Hydax :
Hydax X BitUniverse Grid Trading Tool Guide can be found on Hydax
Medium:https://medium.com/hydax
Hydax Exchange: https://www.hydax.com
BitUniverse website: https://www.bituniverse.org
Competition Rules:
To be eligible for the competition, participants should meet the requirements as following:
- During the competition period, create at least one Grid Trading Bot with BitUniverse on Hydax;
- The bot shall have more than 30 transactions. The total funds for the bot shall be greater than 100 USDT, and lasting for at least 12 hours, not including situations like account matching or self-dealing.
- Registration required.
Please register online with your BitUniverse and Hydax accounts: 2020 Hydax Grid Trading Competition Registration Form
Awards:
Award One: Participation Awards
Prize Pool: 0.4 BTC
0.001 BTC reward will be given to everyone who is eligible for the competition (see competition rules above for details). Limited to the first 400 participants. First come, first served.
Award Two: Lucky Draw Awards
Prize Pool: 0.003 BTC
On each competition day, we will also randomly select one lucky person from all the participants to give an additional 0.001 BTC surprise reward! Total of three lucky fans will be selected during the competition period.The lucky person of the day will be announced on Hydax official Weibo, WeChat group, Twitter and Telegram group.
Follow Hydax Exchange on:
Telegram: https://t.me/HydaxExchange
WeChat Official Account: Hydax_io
Twitter: https://twitter.com/HydaxE
Medium: https://medium.com/hydax
Instagram: https://www.instagram.com/hydax_exchange/
Award Three: Trading Master Awards
Prize Pool: 0.6 BTC + 100,000 HDX
(In Award Three, all participants can only be awarded once. For a winner who is qualified for two or more prizes in Award Three, Hydax will automatically choose the prize with the highest reward for the winners.)
PART 1 — Grid Profit Master — 0.36 BTC + 67,000 HDX to win!
The top 3 traders with the highest grid profit during the competition period will win 0.36 BTC + 67,000 HDX in total.
- Gold Medal Master (with the highest grid profit)
will win 0.2 BTC + 40,000 HDX
- Silver Medal Master (with the second-highest grid profit)
will win 0.1 BTC + 20,000 HDX
- Bronze Medal Master (with the third-highest grid profit)
will win 0.06 BTC + 7,000 HDX
PART 2 — Annualized Profit Master — 0.24 BTC + 33,000 HDX in total to win!
The top 3 traders with the highest annualized profit on each day during the competition will get the BTC + HDX rewards. You’ll have the chance to win the rewards every day during the competition period.
P.S.
- Rewards will be issued and sent to winners’ Hydax accounts within two weeks after the competition.
- Hydax and BitUniverse have the right to cancel or amend the competition or competition rules at our sole discretion.
- All traders are allowed to create several grid trading bots.
- Hydax and BitUniverse do not take any responsibility for personal investment behavior.
Hydax and BitUniverse reserve all the right of the final explanation.
FAQ
- Are there any groups for me to discuss the competition with others?
Yes, we have set up a group on both Telegram and Discord for the competition.
Telegram: @HydaxExchange
Discord: https://discord.gg/vygacr4
2. I have created a bot on Hydax before this event. Am I still eligible for the Participation Awards?
We only count in the bots created during the competition period. All users need to meet competition rules above to participate.
3. How will the grid profit be calculated? May I create multiple bots to participate in the competition?
Participants are allowed to create multiple bots in the grid profit competition. All the grid profit from the bots under the same account will be added up and ranked by the total grid profit.
For example, Trader-A has created 3 bots and got the grid profit for each bot as following -
Bot I — 30 USDT grid profit
Bot II — 130 USDT grid profit
Bot III — 70 USDT grid profit
Then the total grid profit will be 30+130+70=230 USDT for Trader-A.
4. I’ve just noticed that there are different grid profits from various trading pairs. How does the ranking work?
We’ll take a snapshot of the price when the competition end. All currencies will be calculated as their equivalent USDT value.
For example, trader-A has created 2 bots and got the grid profit for each bot as following
-Bot I — 200 USDT grid profit
Bot II — 1 ETH grid profit
The price of ETH is 140 USDT when you open the trading pair, then the total grid profit will be 200+(1*140)=340 USDT for Trader-A.
5. My bot has been running before the competition started. Will the profit from this bot also included in the ranking?
No. We will only count in the bots which are created during the competition period.
6. What is the exact time for each snapshot?Grid Profit Master
- Start: 2020/02/27 10:00:00 AM (UTC+8)
- End: 2020/03/01 09:59:59 AM (UTC+8)
Annualized Profit Master
- Day 1: 2020/02/28 09:59:59 AM (UTC+8)
- Day 2: 2020/02/29 09:59:59 AM (UTC+8)
- Day 3: 2020/03/01 09:59:59 AM (UTC+8)
7. How can I check the annualized profit of my bot?
You’re able to check the grid profit and annualized profit of your grid trading bot on the BitUniverse app.
8. Are there any limitations to the annualized profit competition?
Your grid trading bot should be lasting for more than 12 hours to be eligible for the annualized profit competition. The funds for each bot should be more than 100 USDT. The bot must be created during the competition period.
9. May I have multiple bots and participate in the annualized profit competition?
Sure, you can create multiple bots for the competition. But only the highest annualized profit will be counted under one account.
Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066