The Coinstore anniversary trading competition is officially underway! This grand competition includes two major events: the "Team competition" and the "Individual competition," with a total prize pool of up to 30,000 USDT! You can participate in both sub-competitions.
"Trade Now, Click to Enter the App Trading Page."
Schedule
- Team building period: 16:00 Dec 15, 2023 – 15:59 Dec 18, 2023 (UTC+8)
- Trading period: 16:00 Dec 18, 2023 – 15:59 Jan 02, 2024(UTC+8)
- Reward distribution: 16:00 Jan 02, 2024 - 16:00 Jan 12, 2024 (UTC+8)
Eligible trading pairs
- Spot: BTC/USDT, ETH/USDT, TRI/USDT, CNT/USDT, INVT/USDT, SATS/USDT, ORDI/USDT
- Futures: BTC/USDT, ETH/USDT
Team Competition - 16,000 USDT Prize Pool
Compete in teams in the trading competition, and the top 3 teams will win a prize pool of 15,500 USDT.
Special rewards: The captain of the top 5 teams, if also a CS Teamster, can receive an additional reward of 100 USDT. "Learn how to become a Teamster"
Reward distribution
| Ranking | Rewards |
|
1st Team |
8,000 USDT |
|
2nd Team |
5,500 USDT |
|
3rd Team |
2,000 USDT |
- A Prize Pool worth 16,000 USDT, including worth 500 USDT Special rewards.
- Within a team, the captain will receive 30% of the rewards, with the remaining rewards distributed according to team member (including the captain) trading volume.
- Team total trading volume = the sum of the trading volume of all team members.
- Trading volume = spot buying volume + spot selling volume + futures opening volume + futures closing volume.
- Participants must each have a minimum trading volume of 100 USDT during the competition to be eligible for rewards.
- The team must have a total trading volume of not less than 500,000 USDT to qualify for the reward sharing.
Competition requirements
- Captains must have individual net assets of at least 100 USDT at the time of team building.
- Each team can have 1 - 30 people (including the captain).
- Users can only join one team and cannot leave the team after joining.
- Market maker accounts are not eligible to participate.
- The total trading volume will be updated 10 minutes.
Individual Competition - 14,000 USDT Prize Pool
According to the trading volume ranking, the top 100 users can share 13,000 USDT based on their ranking.
Special rewards: For users ranked 101 and beyond who meet the requirements, we will randomly select 100 individuals to share the 1,000 USDT.
Reward distribution
|
Ranking |
Rewards |
|
1st |
3,000 USDT |
|
2nd - 5th |
4,000 USDT |
|
6th - 10th |
3,000 USDT |
|
11th - 20th |
2,000 USDT |
|
21st - 100th |
1,000 USDT |
- The 2nd - 100th places will share the rewards as: (your trading volume) / (sum of trading volume in the corresponding section) x (rewards in the corresponding section).
- The trading volume of the 1st - 20th places must be no less than 10,000 USDT.
- The trading volume of the 21st - 100th places must be no less than 1,000 USDT.
Competition requirements
- Users participating in the team competition can also take part in individual competitions at the same time.
- Market maker accounts are not eligible to participate.
- The total trading volume will be calculated 10 minutes.
Terms and Conditions
- Only users who build a team or join a team during the campaign will be eligible for rewards.
- The prize pool of 30,000 in total value is composed of USDT, TRI, INVT, and CNT tokens.
- The total value of rewards will be based on their market price in Coinstore at the beginning of the campaign. By participating in the event, you acknowledge and accept any potential loss in the value of rewards caused by price fluctuations during this period.
- If multiple accounts are detected to be operating from the same IP address, all users under the same IP address will be disqualified.
- Users found to be engaging in wash trading, improper matched orders, bulk registration, and self-dealing will be immediately disqualified.
- Coinstore reserves the right of final interpretation of the competition.
Coinstore Global
2023/12/15