Dear BKEX users,
To celebrate Christmas' coming and reward the support of our users, BKEX will launch the "Derivatives Christmas Competition" Event. You can get 20% of your principal back and trade to split millions of USDT rewards! Details as follows:
I. Time:
December 23, 2022, 0:00 - January 6, 2023, 24:00 (UTC+8).
II. Conditions:
- Enter the "Derivatives Christmas Competition" event page and click on the registration. The system will take a snapshot of the perpetual derivatives account assets, set as the "Initial Derivatives account value," the official start to count in the competition.
- Derivatives account assets should be at least 100 USDT and in a short position.
- All users can participate in this event.
III. Rewards & Rules:
Event 1:20% Free Upon Entry, No Upper Limit!
After registration, you can get the initial derivatives to account asset * 20% bonus. After completing the derivatives trading, the bonus can be converted into USDT.
*The initial derivatives account value: click on the "Register" moment of the perpetual derivatives account funds.
Example:
Bonus = Derivatives account assets * 20%. The more funds you deposit, the more bonus funds you can receive. For example, if you deposit 10,000 USDT in your derivatives account, you will receive 2,000 USDT bonus.
Rules:
1. The initial derivatives account assets is the funds in the perpetual derivatives account at the moment of registration of the entry. Subsequent transfers of funds will not get bonus.
2. The bonus cannot be used until the commission requirement is met. After the commission requirement is met, the funds will be automatically converted to USDT and can be traded and withdrawn.
3. During the event, the bonus will be recalled when the operating funds are transferred out of the derivatives account. The bonus will expire when the derivatives account has no funds in it.
4. If the fee requirement is not met at the end of the event, the bonus will be automatically withdrawn.
Event 2: On the List to Split Millions of Rewards!
During the event, users who made it to the top trader list through derivatives trading can get rewards by splitting the prize pool according to a certain percentage.
1. Pool Amount: Number of participants*10
2. Pool allocation:
3. Minimum requirements to enter the list: ROE≥30%; Win Rate ≥50%; Historical Positions ≥7
4. Ranking Rules：
a. Index: ROE(%)+ Earnings(%)
b. ROE:
· ROE is updated every 15 minutes or when transfers are made to derivatives accounts.
· ROE.n = (Current Account Equity n - Opening Account Equity n) / Opening Account Equity * 100%
· Final ROE= (1+ ROE.1) (1=ROE.2)---(1+ROE.n)-1
· Earnings: Amount of earnings during the event (including UPL)
Event 3: More Benefits for Top 10 Traders
1. The top ten could contact customer service to receive the annual derivatives trophy, and the top three additional sets of BKEX peripherals (worth about 150 USDT).
2. Top ten list can be upgraded to the senior trader (profit sharing up to 18%).
3. The first single loss can be subsidized up to 20USDT, only for the first 100 users.
a. The traders should be in the top ten of the ranking list (the final ranking of the event).
The first order is followed by trading during the event. For example, if the first order loses 8 USDT, it will be compensated 8 USDT; if it loses 50 USDT, it will be compensated 20 USDT.
4. The reward will be issued within 7 working days after the event ends.
BKEX Global
12/21/2022
BKEX Futures Team
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