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TRADING ARENA
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DEPOSIT BONUS
TRADING ARENA
DEPOSIT BONUS
Current BTC Price Pool
Current total prize pool
0 USD
Current number of participants
0
The End
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Note: Only accounts with transaction volumes exceeding 500 USD during the competition period will be eligible to receive awards.
Team
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Team Awards
1st prize crypto traders First Place
25% of the total prize pool
2nd prize crypto traders Second Place
15% of the total prize pool
3rd prize crypto traders Third Place
8% of the total prize pool
Remaining crypto traders Top 4-10
30% of the total prize pool equally
  • 1. 78% of the final prize pool will be allocated to pay team awards.
  • 2. Each captain of a winning team will receive 40% of their team's award. The Top 10 team members of each winning team will share 30% of their team's award equally. All other team members will share the remaining 30%. If a winning team has less than 20 members, the captain will receive 40% of the team's award while the other 60% will be divided equally among the rest of the team members. Accounts with transaction volumes below 500 USD during the competition period will not be eligible to receive any awards. Unallocated prizes will not be allocated to others
  • 3. Calculation formula for Individual Return On Investment (ROI):
    Individual PNL / (Contract Trading Account initial net balance + incoming transfers during the event + commission income during the event + bonuses received during the event)
  • 4. Calculation formula for Team Return On investment (ROI):
    Take the average ROI of the top ten team members.
  • 5. Whichever ROI is higher between your BTC trading account and USD trading account will count as the final individual ROI.
  • 6. We have a brand new reward for Team Captains. Any individual that can successfully form a team will receive a prize that varies based on team size.
    Team Size and Captain Rewards:
Team Members
Rewards for Captain
10
$300
20
$500
30
$700
50
$1300
100
$2500
150
$4000
200
$6000
Rules for Team Captains:
1. All Team Member‘s BTC Trading Account must have net balance of at least 0.005 BTC or USD Trading Account must have net balance of at least 200 USD at the start of the competition.
2. Only team members with a transaction volume of 500 USD or more during the competition will be counted as valid team members towards the captain reward.
3. Captain prizes for Team formation will be distributed as USDT.
Individual Awards
1st prize crypto traders First Place
8% of the total prize pool
2nd prize crypto traders Second Place
5% of the total prize pool
3rd prize crypto traders Third Place
2% of the total prize pool
Remaining crypto traders Top 4-10
7% of the total prize pool equally
  • 1. 22% of the final total prize pool will be allocated to pay individual awards. First place will receive 8% of the total prize pool, second place will receive 5% of the total prize pool, third place will receive 2% of the total prize pool, and the Top 4-10 will share 7% of the total prize pool.
  • 2. Calculation formula for Individual Profit and Loss (PNL):
    [BTC Trading account current net value (balance + unrealized PNL) - BTC trading account initial net value (balance + unrealized PNL) + outgoing transfers during the event - incoming transfers during the event - commission income during the event - bonuses received during the event] + [USD Trading account current net value (balance + unrealized PNL) - USD trading account initial net value (balance + unrealized PNL) + outgoing transfers during the event - incoming transfers during the event - commission income during the event - bonuses received during the event]
Competition Timeline
Registration stage(UTC)
1970-01-01 00:00:00
1970-01-01 00:00:00
Competition stage(UTC)
1970-01-01 00:00:00
1970-01-01 00:00:00
Prizes distribution stage(UTC)
1970-01-01 00:00:00
2022-01-12 08:00:00
Other Rules
  1. All perpetual contracts are available for this competition excluding the inverse ETHUSD contract. All calculations will be based on the BTC Trading Account and USD Trading Account.
  2. Once member registration opens, Phemex users can sign up to join any team of their choice. A user's BTC Trading Account net value must be at least 0.005 BTC or USD Trading Account net value must be at least 200 USD at the time of registration.
  3. Once the competition begins, if the BTC trading account net value is below 0.005 BTC or USD trading account net value is below 200 USD, the BTC trading account initial net value will still be calculated as 0.005 BTC and the USD trading account initial net value will still be calculated as 200 USD.
  4. Once you have successfully joined a team, you can no longer change teams.
  5. Teams have no restrictions for maximum amount of members, but must have a minimum of 10 members. If a team has less than 10 members by the time the competition starts, the team will be disbanded and members will be randomly assigned to other teams that meet the requirements.
  6. Awards will be distributed within 7 days after the competition ends. Prize will be distributed in ВТС.
  7. The following actions will result in immediate disqualifications of both teams and individuals.
    (1) Batch account registrations
    (2) Profits from market manipulation
    (3) Reverse transactions between team members to yield higher ROI's for a certain percentage of the team at the expense of the rest.
    (4) No API users are allowed.
  8. Sub-accounts cannot count as individual participants in this competition.
  9. The final amount of BTC issued is subject to the OTC Settlement Rate exchange rate on the day of issue, and Phemex has the final right to interpret the converted price.
  10. Phemex reserves the right to make any final and binding determinations on these rules.
  11. Trading bonuses and Captain rewards will be issued during the prize distribution phase.
Media Coverage and Partners
Crypto BriefingNewsBTCCoinNesscoinREADERS
be IN CryptoBTCMANAGERBitcoinist.comAitcoinlog
bits.mediaCryptoNoticiasCoinTelegraphdiariobitcoin

How to Participate

Deposit
Task Level star star
join
Deposit BTC ≥ 0.01 or Deposit USDT ≥ 500 after joining the trading competition.
BTC Net Deposit:
0.00000000 BTC
USDT Net Deposit:
0.00000000 USDT
Transfer
Task Level star star star
join
Transfer to BTC trading account ≥ 0.01 or USD trading account ≥ 500.
BTC Net Transfer:
0.00000000 BTC
USDT Net Transfer:
0.00000000 USDT
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Watch this 2 minute video to learn how to get your bonus!

Deposit Bonus

BTC My BTC Bonus
Bitcoin
progress
Net Deposit
Bonus Reward
$10 Deposit Bonus
0.01 BTC
10 $
$20 Deposit Bonus
0.02 BTC
20 $
$30 Deposit Bonus
0.05 BTC
30 $
$50 Deposit Bonus
0.1 BTC
50 $
$100 Deposit Bonus
0.2 BTC
100 $
$200 Deposit Bonus
0.5 BTC
200 $
$500 Deposit Bonus
1 BTC
500 $
$800 Deposit Bonus
1.5 BTC
800 $
$1000 Deposit Bonus
2 BTC
1000 $
Bitcoin
progress
Net Deposit
Bonus Reward
$10 Deposit Bonus
0.01 BTC
$ 10
$1000 Deposit Bonus
2 BTC
$ 1000
USDT My USDT Bonus
Bitcoin
progress
Net Deposit
Bonus Reward
$10 Deposit Bonus
500 USDT
10 $
$20 Deposit Bonus
1000 USDT
20 $
$30 Deposit Bonus
2500 USDT
30 $
$50 Deposit Bonus
5000 USDT
50 $
$100 Deposit Bonus
10000 USDT
100 $
$200 Deposit Bonus
25000 USDT
200 $
$500 Deposit Bonus
50000 USDT
500 $
$800 Deposit Bonus
75000 USDT
800 $
$1000 Deposit Bonus
100000 USDT
1000 $
Bitcoin
progress
Net Deposit
Bonus Reward
$10 Deposit Bonus
500 USDT
$ 10
$1000 Deposit Bonus
100,000 USDT
$ 1000

Deposit and Bonus

BTC Deposit and Bonus
BTC Net Deposit
Bonus Reward
0.01 BTC
$ 10
0.02 BTC
$ 20
0.05 BTC
$ 30
0.1 BTC
$ 50
0.2 BTC
$ 100
0.5 BTC
$ 200
1 BTC
$ 500
1.5 BTC
$ 800
2 BTC
$ 1000
USDT Deposit and Bonus
USDT Net Deposit
Bonus Reward
500 USDT
$ 10
1,000 USDT
$ 20
2,500 USDT
$ 30
5,000 USDT
$ 50
10,000 USDT
$ 100
25,000 USDT
$ 200
50,000 USDT
$ 500
75,000 USDT
$ 800
100,000 USDT
$ 1000

Event Timeline(UTC)

2021-11-25 00:00:00
Deposit & Transfer stage
2021-12-15 08:00:00
Bonus calculation stage
New deposits will no longer be counted. Withdrawing or transferring your funds prior to reward distribution will disqualify you from receiving any rewards.
2021-12-30 08:00:00
Bonus distribution stage
2021-12-30 08:00:00
2021-11-25 00:00:00
Deposit & Transfer stage
2021-12-15 08:00:00
Bonus calculation stage
2021-12-30 08:00:00
Bonus distribution stage
2021-12-30 08:00:00

Rules and Requirements

1. You must join the trading competition first before participating in this promotion.
2. Net Deposit = Total Valid Deposits - Total Withdrawals made during the event period. Withdrawing any funds prior to the end of event period (11/25 - 12/30) will reduce your bonus reward.
3. Deposits must be transferred into your Once there, these funds can be used to freely trade.
4. Only made within this event period will be counted. Transferring pre-existing funds from your spot wallet to BTC trading account will not count.
5. This activity is strictly for Rewards will be distributed as BTC and USD Trading Bonuses. Please refer to
6. Rewards will be distributed as BTC Trading Bonuses. Please refer to Phemex Bonus Terms and Conditions for more details.
7. Deposits made will only count toward rewards for this event. They cannot simultaneously count for other promotional events.
8. Deposits of coins purchased via third parties are valid deposits.
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