Token Of Love

in #tradeio5 years ago (edited)

Hello beautiful people, hope you're having a wonderful day. I bring good tidings again, kind of like Santa Clause but without being overweight or like the baby cupid shooting love arrows, arrows laced with Bitcoin essence. Ladies and gentlemen, we're in the season of love and what better way to celebrate love than giving? giving for the Love of Crypto.

Just as I said earlier, in a bid to celebrate love, trade.io will be hosting this trading competition to appreciate its users and show love in the best way it can, by giving back. The competition is held to honour the users and "To show our undying love for you and crypto, we're giving away Bitcoin in another trade.io competition that's sure to sweep you off your feet.". That's right, you're going to be swept off your feet in this competition that's the ultimate show of love.

Hold my hands in a romantic way and let's walk through what to expect

Let's start from the basics and work our way up; the competition started on the 18th of February and will last all the way to the 28th of February. Trade.io will be giving away as much as 5BTC to lovers of crypto trading.

So to participate is simple, trade any coin on trade.io. including the newly added NEO, EOS, and GRIN, as well as Daddy Bitcoin and stand a chance to win juicy bitcoin.

Here's Three simple steps on how ways to;

  • Have a trade.io account: The competition is open to everyone with a trade.io account, so what are you waiting for? You can easily participate by creating an account here
  • Minimum starting balance 0.1 BTC: To be part of the fun, you will require a minimum starting balance of only 0.1BTC or it's current equivalent available to trade with.
  • Minimum trading volume 500 USD: Then finally, a trading volume of $500 or its equivalent.

It's a competition and competitions need rules, so here are the rules of engagement, straight from the source:

  • Percentage Score: If you start with 1 BTC and end with 2 BTC, this will give you 100% return. 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: Works the same as the performance score, but based on volume. If you traded 10,000 USDT in volume and no one else traded more than this amount, you will receive a volume score of #1
  • Overall Score: We will then multiply the two scores for your overall score. The account with the lowest overall score wins!

So Here's how the Prizes will be divided

To further explain how the rules work, here are some examples(source)

  • Example 1: 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 be the winner of the top prize

  • 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. A token to appreciate your participation in this competition.

  • 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.

There you have it, you win for winning. Terms and conditions apply. I look forward to meeting you on the dance floor

Disclaimer: Please make personal research before making any investment. The information portrayed here are my opinion and should not be misconstrued for financial advice.

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