Join Tradeio trading competition now - 5BTC prize pool

in #tradeio6 years ago (edited)

Since before and after New Year, Trade.io has been one of the top exchanges with unlimited surprises. I am really mad at myself for noticing Trade.io very late. They've been one of the top exchanges aiming at giving back to the community.

I joined Trade.io in January, when they listed Ktos token, held an airdrop and gave out 1 million KTOS tokens worth $130,000 to the winners of the trading competition.

We are in the month of love. Trade.io isn't missing out in love sharing. This week, six new tokens have been listed on the exchange. And they are;

  • Holo
  • AOA
  • NEO
  • GRIN
  • EOS
  • LTO

This same week, Trade.io has decided to party with members of crypto ecosystem. To accomplish what they've started, they decided to host a trading competition and tagged #LoveCrypto. This competition is specially organized to show love and party with Trade.io members to celebrate the newly listed tokens.

Are you a crypto lover or trader? It's the best time to show your trading skills while you get rewarded for making it to the top 50 traders. All that is expected from you is, trade any of your favourite tokens on the exchange. By doing so, you will automatically increase your chances of winning one of 50 prizes.

The competition started on the 18th, February 2019. And it's ending on the 28th, February 2019. You only have 10days to show your skills. But if you are yet to join, then you are left with 7days.

How are the Top 50 Traders picked? (Rules of engagement)

Percentage Score

You would be awarded the highest trader in terms of percentage return. If you are able to make double of your capital. If 100% is the highest percentage increase in asset balance of all contestants at the end of the competition, you will receive a performance score of #1.

Volume Score

This calculation is based on volume. You'll be awarded the winner if your total traded volume is the highest among all participants.

Overall Score

Tradeio will then multiply the two scores for your overall score. The account with the lowest overall score wins!

Example 1

Here's a break down on how the Winners will be decided.

You scored #1 in performance and scored #1000 in volume. So 1x1,000 will give you an overall score of #1,000. If 1,000 is the lowest score, you will be ranked overall #1 and eligible 1.5 BTC. source

Example 2

You scored #40 in performance but scored #3 in volume. 40x3 will give you an overall score of #120. If #120 in the overall score is ranked #40 in the competition, you will not receive a guaranteed prize, however you will be entered into a random draw raffle where 30 lucky winners will split 0.5 BTC evenly.source

Example 3

You have a -235% return for your performance but no one else in the competition had a higher rate of return. Your score for performance is #1. Your volume traded was equivalent to USD 600 with a volume score of #726. Your overall ranking would then be equal to 1x726 = 726. If no one else in the trading competition had a ranking less than 726 you would be the winner of the 1.5 BTC.source

Prizes

There is a prize pool of 5BTC. The top 50 traders at the end of the competition will share 5btc. Here's a breakdown about how it'll be shared.

RANKINGPRIZE
11.5
20.7
30.3
4-90.15
10-200.10
+30 RANDOM DRAW!0.5 EVENLY SPLIT

Leaderboard

Trade.io has been able to embed a leaderboard interface. Where all competitors can easily check for their position. The leaderboard interface is very easy to use. Simply search your position with your email address.

Are you not a member of Trade.io yet? if yes, follow this URL https://exchange.trade.io/auth/register to get registered.

START TRADING NOW

Disclaimer:

This is not a piece of financial advice. Please do your own research before investing in cryptocurrencies or any digital asset. This blog post is done for entertainment and knowledge purpose only.

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