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Announcements > Activities > Phemex Futures Grid Trading Contest: Join to share 150,000 USDT! >

Phemex Futures Grid Trading Contest: Join to share 150,000 USDT!

Author: Silvia Date: 2023-10-09 09:30:00

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Dear traders,

We are thrilled to announce our Futures Grid Trading Competition with a total prize pool of up to 150,000 USDT! We prepared three activities all with a huge giveaway prize! Scroll down to find out more details!

Please note: The trading volume generated with trading bot will also be calculated in xPT Pre-Mining event.

Campaign Period: 10:00 UTC October 9, 2023 - 10:00 UTC October 30, 2023

Participate Now


How to participate?

Activity 1: Welcome Reward 

Mission A: Share 8,000 USDT (up to 10 USDT for each user)

During the event, users who meet the following conditions can receive 2 USDT, and Phemex Soul Pass (PSP) holders who minted PSP before finishing the missions can receive 10 USDT:

  • Newly registered users during the event;
  • At least one futures grid bot with investment amount ≥50 USDT and running time ≥3 hours (Transaction≥1);

The total prize pool is $8,000 on a first come first served basis.

Mission B: Share 2,000 USDT

During the campaign period, users who newly create a futures grid bot with an investment value ≥ 50 USDT which is copied by ≥ 3 traders can share 2,000 USDT.

Activity 2: Futures Grid Bot ROI Contest

During the campaign period, users who create new future grid bots with a cumulative investment value ≥ 500 USDT (transaction per bot ≥ 1) are qualified to join the Futures Grid Bot Trading Contest. The prize pool will be increased based on the number of users successfully participating in this event. The more participants, the bigger the prize pool. 

Mission A: Daily Highest ROI Reward (PSP Holders Only)

The user with the highest daily ROI during the event will receive 50 USDT.

Mission B: ROI Leaderboard

Even if a user creates multiple strategies, only the strategy newly created during the event with the highest ROI will be ranked, with a ROI≥ 0. The leaderboard only ranks the running bots, so if users terminate the ranked bot before the event ends, it will no longer be calculated in the leaderboard.

Activity 3: Futures Grid Trading Contest

During the event, users with newly created futures grid trading volume ≥ $10,000 can participate in this event and share the prize pool. The prize pool will be increased based on the participants’ trading volume. The greater the trading volume of participating users, the greater the total prize pool.

Mission A: Rewards for users with the highest daily futures grid trading volume (PSP Holders Only)

The user with the highest daily futures grid trading volume during the event will receive 50 USDT

Mission B: Futures Grid Trading Volume Ranking

The trading volume generated by multiple newly created strategies by one user will be combined and calculated.

*Reward calculation formula for other qualified users excluding the TOP 30 = (Total trading volume of each user during the event / Total trading volume of qualified users excluding TOP30) * Corresponding prize pool

*For more details please check the event page.

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