In order to increase awareness of Bcnex within the crypto community about the upcoming launch of Bcnex’s testnet, Bcnex has decided to sponsor a simulated trading competition on the Bcnex testnet.
All users who have a Bcnex account will be ELIGIBLE to participate in this Bcnex Trading Competition with a total of 4 ROUNDS. Each participating Bcnex account will receive 100,000 virtual testnet USDT tokens to use as their starting funds before EACH round of the Trading Competition begins. KYC is required for those accounts.
Online Registration: 2019/04/12 09:30 AM GMT +7
Period: 2019/04/15 09:30 PM GMT +7 to 2019/04/22 09:30 AM GMT +7.
Trading Pair: USDT/BTC.
Participants: 150 Traders
Online Registration: 2019/04/20 09:30 AM GMT +7
Period: 2019/04/23 09:30 PM GMT +7 to 2019/04/30 09:30 AM GMT +7.
Trading Pair: USDT/ETH.
Participants: 200 Traders
Online Registration: 2019/04/28 09:30 AM GMT +7
Period: 2019/05/01 09:30 PM GMT +7 to 2019/05/07 09:30 AM GMT +7.
Trading Pair: USDT/XRP.
Participants: 500 Traders
Online Registration: 2019/05/05 09:30 AM GMT +7
Period: 2019/05/08 09:30 PM GMT +7 to 2019/05/15 09:30 AM GMT +7.
Trading Pair: USDT/LTC.
Users will be ranked based on the total effective volume traded on their Bcnex TESTNET ACCOUNTS during EACH round of the trading competition.
The rewards of EACH round will be allocated as follows:
1st: Receive 2ETH + 1000 BCNX
2nd: Receive 1ETH + 1000 BCNX
3rd: Receive 900 BCNX
4th – 10th: each receive 300 BCNX
Total: 3 ETH and 5000 BCNX for the winner of EACH ROUND.
- Effective trading volume consists of buys and sells (excluding wash trades) in the trading pair of EACH ROUND only. Participants need to execute AT LEAST 10 successful orders to be qualified.
- Bcnex reserves the right to disqualify trades which are deemed unfair or display attributes of market manipulation.
- Bcnex reserves the right to cancel or amend the competition or competition rules at our sole discretion and without prior notification.
- Participants will not be eligible to win multiple prizes within a single competition.
- Rewards will be issued within 1 week after the competition ends.
Risk warning: Cryptocurrency investment is subject to high market risk. Bcnex is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make your investments with caution.
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