AMANPURI EXCHANGE start individual leveraged trading ROE contest Entry
Dear AMANPURIAN :
AMANPURI EXCHANGE is about to host a ROE contest, everyone can participate as long as you do leverage trading! During this period, top ROE (return on equity) users of the competition will be shown on the trading dashboard in real time.
ROE competition content：
Users who trade with an open contract and have a higher ROE will get prize after the competition. Users can enter the competition by themselves. The prize amount varies depending on the total number of participant.
The calculation of ROE contest doesn’t effect on the amount of funds.
Example: Users with a margin of 0.02 BTC and users with a margin of 2 BTC are calculated ROE scores fairly.
Calculation method of ROE：ROE (whole period) = [(ROE (day 1)+1)*(ROE (day 2)+1)*(ROE (day 3)+1)*... (last until the end date)]-1
* Please refer to the daily ROE calculation method below ROE calculation method of the day (one day)：ROE (ROE of the day) = margin balance (start of the day) ÷ margin balance (end of the day) – 1
* A day means Japanese time 12:00 to 11:59 of next day.
* For the calculation method of margin balance at the end, please refer to following Margin balance calculation method (at the end of the day)： Margin balance (at the end of the day) = margin balance (at the beginning of the day) +
realized profit and loss (at the time of trading on the day) + unrealized profit and loss
(at the end of the day)-unrealized profit and loss (at the beginning of the day) ROE competition entry period：8/2 01:00 ～ 8/12 08:59（UTC）
* You cannot enter the contest out of the entry period. Not allowed to participate on the half way. ROE competition period：8/12 09:00 ～ 8/30 08:59（UTC） Requirements of competition：Hold margin above 0.02 BTC Number of participants and total prize amount：
The number of participants | Total Prize |
20〜1,999 | 1 BTC |
2,000~2,999 | 2 BTC |
3,000~3,999 | 3 BTC |
| 4,000~4,999 | 4 BTC |
| 5,000~5,999 | 5 BTC |
6,000~6,999 | 6 BTC |
| 7,000~7,999 | 7 BTC |
| 8,000~8,999 | 8 BTC |
9,000~9,999 | 9 BTC |
10,000+ | 10 BTC |
Prize distribution rules:
Rank | Prize Ratio |
1st | 70 % |
2nd | 10 % |
3rd | 5 % |
4〜10th | 2.1 % each |
Prize distribution time:
After the competition, the number of participants and fair or unfair will be confirmed within 20 days. Then distribution within 10 days to the ranked winner. Competition supplementary note：
- If there are less than 20 people during the contest, the contest (individual contest) will be suspended, but the team contest will start.
- If 20 people are gathered and the competition is held, but because there are no trading or due to withdrawals the number of participants is less than 20. Even during the contest period, the contest will not be held, also no rewards will be distributed.
- If you have a position during the entry period and holding position entered the contest, ROE will count from the time after you completely close the position during the contest.
- After the competition, if you withdraw margin or do not trade during the competition, you might be disqualified
- After the competition, the number of participants and ranking will be determined and announced within 20 days.
- We reserve the right to disqualify any trading deemed to be a wash sale trading, illegally registered account, self-trading or market manipulation trading.
- We reserve the right to cancel or modify the competition or competition rules.
Disqualification conditions:
- If you hold a position during the competition, but the margin is less than 0.02 BTC before the competition: the qualification will be cancelled. (still can re-enter if you are qualified)
- If there is no trading during the competition, the qualification will be cancelled.
Warning：Due to cryptocurrency trading involve high risks such as rapid price fluctuations, please make reasonable decisions and invest cautiously within your risk tolerance. AMANPURI Team
July 31 2020
AMANPURI Community
- AMANPURI Official Facebook:https://www.facebook.com/amanpuriexchange/
- AMANPURI Official Telegram: https://t.me/amanpuri
- AMANPURI Official Twitter: @Amanpuri_ex