Competitions and promotions
Bitget Futures trading team competition — grab a share of 720,000 USDT!
2023-06-01 12:14070
The Bitget futures trading team competition has begun! We are recruiting captains now. Contact your BD or join our
community to register if you are interested.
The competition is made up of 2 Battle Stages, and has a total cash prize pool of 720,000 USDT!
Battle Stage 1 — 50 teams split 700,000 USDT
Step 1: Captain registration(6.1-6.8)
To register as a captain, contact your BD or join our
community
Step 2: Recruit team members and unlock the prize pool (6.1-6.11)
Team level | Valid team members | Team prize pool | Note |
A | 301+ | 12,000 USDT | Level A teams will get a bonus of 2000 USDT in cash. The bonuses will be distributed to the captain for allocation. |
B | 201~300 | 8,000 USDT | |
C | 101~200 | 5,000 USDT | |
D | 20~100 | 2,000 USDT |
Step 3: Intra-team trading competition (6.13-6.23)
Team members will grab a share of the team prize pool based on their profit rankings.
Rank | Share |
1 | 30% of the prize pool |
2 | 20% of the prize pool |
3 | 10% of the prize pool |
4~10 | split 40% of the prize pool |
Note:
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Each team can unlock a portion of the prize pool according to their valid team members. To be counted as a valid team member, users must reach at least 300 USDT net deposits. Each team must have at least 20 valid team members.
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A team will be considered created once it has 20 valid team members. Limited to the first 50 teams.
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The top 10 team members (by personal profit) in each team will grab a share of the team prize pool.
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Prize requirements: 1) reach 300 USDT in net deposits and 50,000 USDT in futures trading volume; 2) positive profits.
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Team members ranked 4th–10th: individual rewards = individual valid profit ÷ total profit of team members ranked 4th-10th × 40% of the prize pool.
Battle Stage 2 — grab a share of 20,000 USDT
Note: Only the teams that participated in
Battle Stage 1 can register for the
Battle Stage 2.
Step 1: Registration (6.26 – 6.28)
Each captain selects 3 team members to register for the Battle Stage.
Note: The Battle Stage will be canceled if there are less than 30 total participants.
Step 2: Battle Stage begins (7.3-7.14)
Rank | Share 20,000 USDT |
1 | 6,000 USDT |
2 | 4,000 USDT |
3 | 2,000 USDT |
4~10 | split 8,000 USDT |
1)Prize requirements: 1) reach 300 USDT in net deposits and 50,000 USDT in futures trading volume; 2) positive profits.
2)Team members ranked 4th–10th: individual rewards = individual valid profit ÷ total profit of team members ranked 4th-10th × 40% of the prize pool.
Rules:
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To register, you must (1) register for the event with your main account; and (2) complete KYC verification.
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To get rewards, you must (1) reach 300 USDT in net deposits during the promotion; and (2) reach at least 50,000 futures trading volume during the promotion.
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Profit calculation: net account value (including unsettled PnL) – initial net value (including unsettled PnL) + withdrawals during the competition – deposits during the competition – trading bonuses. Only your futures account is considered for all calculations. When there are identical profit values, the team member with a higher trading volume with be ranked higher.
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Rewards will be distributed within ten working days after the promotion ends.
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Team members ranked 4th–10th can only get up to 10% of the prize pool, regardless of the formula calculation.
FAQ
1.How do I register to become a captain?
Contact your BD or join our
community.
2.How do I recruit team members?
After becoming a captain, you will get a unique recruitment link. Users must register for the competition via your link to become a member of your team.
3.Can I switch to another team if I'm already a member of one team?
If the team you joined fails to be created, you may choose to join another team. You cannot switch teams in any other way. You cannot join more than one team.
4.How is the prize pool distributed?
Rewards will be distributed directly to the winners' accounts after the promotion ends.
Disclaimer:
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Users found to be engaging in wash trading, matching orders, bulk registration, self-dealing, and use of API accounts will be immediately disqualified.
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Relevant users will be disqualified if the use of identical trading strategies is detected.
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Users who place and cancel maker orders too frequently will be disqualified.
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If multiple accounts are found to be operating under the same IP address, all accounts under that IP address will be disqualified.
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Bitget reserves the right of final interpretation of the promotion.