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Current BTC Price Pool
Current total prize pool
0 USD
Current number of participants
0
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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
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 100 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
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
1970-01-01 00:00:00
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 100 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 100 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 100 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.
  12. Team captains can apply to become Top Traders, then team members can use our one-click copy trading feature to copy your positions and improve team synergy!
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