Time: from 14:00 on July 30, 2019 to 14:00 on August 2,2019(HKT)
Links: https://www.hbdm.com/en-us/activity/btc_contest/
Awards:
1.For Final Top 20 winners:
- The final Top 20 BTC contract traders will be awarded on the basis of final profit rate ranking.
- The final top trader will win a Tesla Model 3 or Huobi Token in the equivalent value.
- The recording period of final profit rate ranking will be during 14:00 on July 30, 2019 to 14:00 on August 2, 2019(HKT).
Awards for the final top 20 winners are laid out as below:
| Awards for Final Top 20 Winners | |
| No.1 | A Tesla Model 3（Performance）or Huobi Token in equivalent value |
| No.2 – No.5 | 500HT |
| No.6 – No. 20 | 200HT |
2.For daily Top 20 winners:
- Top 20 BTC contract traders will be awarded based on daily profit rate ranking.
- The daily top trader of BTC contract will win 200 HT each.
- The recording period of daily profit rate ranking will be from 14:00 on previous day to 14:00 on the trading day.
Awards for the daily top 20 winners are laid out as below:
| Awards for Daily Top 20 winners | |
| No.1 | 200HT |
| No.2 – No.5 | 100HT |
| No.6 – No. 20 | 50HT |
3.Awards for all BTC contracts traders: all BTC contract traders on Huobi DM can share 10000HUSD prize pool equally each day during activity.
Rules:
1.Time: 14:00 on July 30, 2019 to 14:00 on August 2, 2019(HKT).
2.Participants qualification: those who trade BTC contract on Huobi DM during activity will be enrolled. No other conditions are required.
3.Awards for all BTC contracts traders: all BTC contracts traders on Huobi DM can share 10000HUSD prize pool equally each day during activity.
4.Both the daily Top 20 winners based on daily profit rate ranking and the final Top 20 winners based on final profit rate ranking will get corresponding awards respectively. Please note that the recording periods for the two ranks above go differently.
5.There will be order quantity limit under each UID in regard to both final profit rate ranking and daily profit rate ranking. In terms of BTC final profit rate ranking, the total order quantities of BTC contract should not go over 60 while for daily orders, the order quantity should be within 20. All orders placed no matter they are fulfilled or unfulfilled will be counted into the order limit. Please note that the UID will lose its qualification for daily profit rate ranking if it should exceed the order limit above.
6.Profit Rate Ranking Formula Calculation:
Total profit rate= {[Equity - (Transfer_in_amount – Transfer_out_amount) – The initial equity]/ (The initial equity + Transfer_in_amount)} * 100%
Please note that the initial equity is the equity at the beginning of this competition, and the transfer means the transferring occurs during the competition. Besides, this formula is applied to both daily ranking and final ranking, and recording period is from 14:00(HKT) of the previous day to 14:00(HKT) of the current day.
7.Sub-accounts cannot participate in this competition.
Notice:
1.The awards for winners of Tesla Giveaway campaign will be distributed within two weeks from the end date of this activity. The awards for daily winners of 10000USDT pool will be awarded at end of the trading day. Please kindly note the SMS message notification.
2.Huobi DM shall conduct corresponding disqualification of participation if there should occur malicious trading behaviors for awards and profit rate ranking.
3.Contract type: By contract types we mean coin types of contracts. There are three types of BTC contracts which are BTC Weekly contract, BTC Biweekly contract and BTC Quarterly contract. During activity, Huobi DM will calculate the total order numbers and total profits of all types of BTC contracts instead of just recording the BTC Weekly/Biweekly/Quarterly contract separately.
4.Huobi Derivative Market (Huobi DM) reserves the final interpretation right of this activity.
Risk Reminder:
Digital assets are innovative investment products and prices fluctuate greatly. This is not an invitation or an offer to buy or sell digital assets, nor is it a recommendation to buy or sell specific types of digital assets. Trading cryptocurrencies carries a high level of risk that may not be suitable for some people. Please rationally judge your investment ability and make decisions prudently.
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