Hotbit’s Mock Contract Trading Competition

Dear Respected Users：

By launching the latest 【Contract Trading】 section, Hotbit is scheduled to launch 【Mock Contract Trading Competition】.  Hotbit sincerely welcomes all users to participate in the competition and share great rewards together.

Click here to join in

-Duration：12:00, September 18th, 2020 -- 16:00, October 8th, 2020 (UTC+8)

-Rules And Regulations：

During the competition, the users may participate in the competition by conducting trading activities on 【Contract Trading】 section of Hotbit platform. Hotbit will rank all users based on their rates of profit [rate of profit = (current volume of assets - initial volume of assets) / initial volume of assets] and valid number of transactions (which refers to the number of transactions with valid rate of profits under the same account without cheating activities involved). The rewards of the competition are listed as below:

1. 【Top Traders’ Rewards】

The top 20 users with the greatest volumes of net gains will share 2,000 USDT as rewards based on their ranking positions (those users must also meet the requirement that the rate of profit of at least one of their token type (type of asset)’s contract must be no less than 100%)

The users with the greatest volumes of net gains who are ranked No. 20 - No 100 will share 1,000 USDT as rewards based on their ranking positions (those users must also meet the requirement that the rate of profit of at least one of their token type (type of asset)’s contract must be no less than 50%)

Each of the users with the greatest volumes of net gains who are ranked No. 101 - No. 200 will receive 2 USDT as rewards (those users must also meet the requirement that the rate of profit of at least one of their token type (type of asset)’s contract must be no less than 0%).

1~20 Winner List

2. 【Frequent Traders’ Rewards】

During the mock trading competition, Hotbit will rank all users based on the times of trading activities conducted by each user.

Each of the users ranked No. 1 to No. 20 will receive 30 USDT as reward (Those users must also meet the requirement that they must conduct more than 100 times of trading activities in total during the competition, and that their rate of profit must be higher than 20%)

Each of the users ranked No. 21 to No. 100 will receive 10 USDT as reward (those users must also meet the requirement that they must conduct more than 50 trading activities in total during the competition, and that their rate of profit must be higher than 10%)

Each of the users ranked No. 100 - No. 200 will receive 2 USDT as reward (those users must also meet the requirement that they must conduct more than 30 trading activities in total during the competition, and that their rate of profit must be higher than 5%

1~20 Winner List

Note：

1、The trading competition is only restricted to the mock trading experiences conducted in Hotbit’s contract trading section, which is not related to real-life trading activities. The token types available for trading will be the same as all token types available for contract trading. The user’s rate of profit will be converted and calculated in USDT. The volume of every user’s initial assets will be determined by the total volumes of all available trial assets in each user’s account (calculated in USDT) by the time the event is launched.

2、The trading volumes refer to the sum of buy and sell volumes of all trading activities conducted by the user during the competition only. All trading volumes (buy and sell volumes) conducted beyond the duration of the competition will not be calculated as the valid trading volumes of the competition. During the competition, all trial assets can only be used for the purpose regarding the experience of contract trading on Hotbit. The user will not be able to deposit or withdraw any existing trial assets in his / her account.

3、Based on the principle of justice and fairness, all cheating activities such as click farming, repeated registration of new accounts and matched trading under same IP address (which refers to the trading activities conducted by multiple consecutive accounts under the same IP address. Hotbit will disqualify all accounts involved in such activities from participating in the competition) are strictly prohibited. In case that Hotbit detects any cheating activities, Hotbit will immediately disqualify all users involved in such activities from claiming their rewards. In case of extreme violations, Hotbit will freeze all relevant users’ accounts.

4、During the event, in case that there are two or more users with the same trading volumes or rate of profits, Hotbit will determine which user(s) will receive the reward(s) based on the priority level regarding the chronological order that which user(s) reach(es) certain trading volumes or rate of profit first.

5、The rewards of the event will be distributed within 10 business days after the event terminates.

6、Hotbit reserves the final rights on the explanations and interpretations of all rules and regulations of the event.

Thank you for your ongoing support on Hotbit

Hotbit Team