Coinstore Perpetual Futures Trading Challenge- Week #3: Win Up to $10,000 in Rewards!

Amidst the recent volatile market, Coinstore is launching a Futures Trading Challenge with $10,000 in prizes and a 50% fee rebate exclusively for makers! Boost your futures trading with peace of mind and enjoy juicy rewards every week!

🕙 Time period: July 2nd, 2024 17:00:00 – July 9th, 2024 16:59:59 (UTC+8)

⭐️ How to participate?

1. Register on the Landing Page.
2. Trade USDT-M Perpetual Futures: [BTCUSDT], [ETHUSDT]
3. Eligible traders will share a 10,000 USDT rewards pool, including $3,000 USDT, a Futures Credit package worth $7,000 USDT, and a 50% maker fee rebate!

📌 Leaderboard Award: Split a 3,000 USDT Prize Pool

Participants trading designated perpetual futures during the competition and meeting the volume threshold can share a 3,000 USDT prize pool based on their trading volume ranking.

• The reward calculation formula for 2nd to 20th places is as follows: (Your trading volume) / (Sum of trading volume in the corresponding section) x (rewards in the corresponding section).

📌 $7,000 Worth of Participation Award: Claim Free Futures Credit!

For those ranked beyond the top 20 or who ranked above 20th but do not meet the section's threshold, as long as your trading volume reaches 5,000 USDT, you can receive up to $250 in Futures Credit from our $7,000 reward package. Higher-ranking users will receive bonuses first until the package is exhausted.

📌 Exclusive Benefit for Makers: Enjoy 50% Trading Fee Refund!

Attention Maker Traders! Start your journey with a 50% fee refund! Reach a cumulative trading volume of $1,000 USDT during the event to qualify. Fees will be charged initially, but you'll receive your 50% maker fee refund after the event. No upper limit!

Terms & Conditions:

1. To receive rewards, users must register, trade on designated markets, and meet the trading volume thresholds.

2. Futures trading volume = Position size * Entry price. 

3. Rewards and refund of Makers’ fee will be distributed within 7 business days after the event ends, in the form of USDT or Futures Credit. Types of Futures Credit include: [ETH-$25-5X-1:5], [ETH-$50-10X-1:5], [ETH-$200-10X-1:5], [ETH-$250-10X-1:5]. The credit will become effective at 00:00 (UTC+8) the day after issuance and will be valid for 21 days. Learn more about Futures Credit here: Introduction to Futures Credit

4. The trading fee refund will be based on the actual trading fees contributed by Makers to Coinstore, calculated after deducting any affiliate or referral commission rebates.

5. Participants can only use one account to participate in the event. Multiple accounts will not qualify for rewards. If multiple accounts are detected operating under the same IP address on the same device, all users at that address will be disqualified.

6. Eligible participants do NOT include market-making accounts, and API-generated trading volume will not be counted.

7. Cheating, wash trading, and other violations are strictly prohibited. Users who do not follow the rules will be disqualified from the event, and rewards will be forfeited.

Disclaimer

While cryptocurrencies have significant growth potential, they also come with high market risks and volatility. Users are strongly advised to conduct their own research and invest at their own risk.

Coinstore Global,

1st Jun, 2024

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