Announcement on MEXC 2nd Futures Trading Competition launch - Drive home a Ford Mustang EcoBoost® Fastback and Share 150,000 USDT Prize!

in #mexc2 years ago

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MEXC Futures is excited to announce our latest campaign < MEXC 2nd Futures Trading Competition launch - Drive home a Ford Mustang EcoBoost® Fastback and Share 150,000 USDT Prize> that is happening on 7th May 2022 —— Stand a chance to drive home a Ford Mustang EcoBoost® Fastback and Share 150,000 USDT Prize!

Registration Period: 2022/5/7 10:00 - 2022/5/18 09:59 (UTC)
Competition Period: 2022/5/9 10:00 - 2022/5/18 09:59 (UTC)

Trading pair:
All USDT-M Futures Trading Pairs on the MEXC platform are valid for the competition

Eligibility
Users with total equity worth ≥ 100 USDT in their Futures account at the time of registration will be eligible for the competition. Users who register during the registration period will be reviewed for eligibility prior to the commencement of competition. Applications received after the registration period will be reviewed on a case-by-case basis.

Total equity of futures account = Wallet balance + Unrealized profit & losses

Competition Details

Reward 1 - Pnl Ranking Competition, 30,000 USDT Prize Pool to be shared!

Participants with total trading volume ≥ 10,000 USDT or total profit ≥ 1,000 USDT across all USDT-M Futures Trading Pairs during the competition period will be ranked by their respective PnL rate. Users ranked 1st to 100th will be qualified for a share of the prize worth 30,000 USDT with ration as below:

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Reward 2 - Trading Volume Competition, Win a Ford Mustang, iPhone13 Pro Max & PlayStation®5!
a. Total Trading Volume Competition:

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Notes:
P&L (%) Calculation Formula:
P&L (%) = Profit / (Initial Equity + Total Deposits) * 100%

Profit = [Account Final Equity (incl. unrealized P&L and/or bonus) - Account Initial Equity (incl. unrealized P&L and/or bonus)] + (Withdrawal amount during the competition - Deposit amount during the competition)

Deposits = Accumulated deposits (incl. transfers, awarded bonuses, commissions, & asset exchange) during the competition

Withdrawals = Accumulated withdrawals (incl. any withdrawals and asset exchange) during the competition

Trading Volume Calculation Formula
Trading Volume = volume of the opened positions + volume of the closed positions (USDT-M Futures Trading Pairs)

Total Trading Volume: Cumulative trading volume on USDT-M Futures Trading Pairs during competition period

Daily Trading Volume: Trading volume on USDT-M Futures Trading Pairs in a single day during competition period

2022/5/9: 10:00:00 - 23:59:59(UTC)

2022/5/10 - 2022/5/17: 00:00:00 - 23:59:59(UTC)

2022/5/18: 00:00:00 - 09:59:59(UTC)

Reward Distribution Rules
Users must fulfill the stated criterias and complete the required steps to redeem their rewards.

In the event where two or more participants produce the identical PnL rate or trading volume, the users’ respective total profit value during the competition period will be used as a tie-breaker to determine the final ranking.

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