Activity Entrance: https://futures.huobi.fm/en-us/activity/1st_swap_contest/
Activity 1: Register Within the Limited Time to Grab Countless Awards!
Registration Time: 10:00 on August 11, 2020 - 14:00 on August 18, 2020 (GMT+8)
Log in the official website of Huobi Futures or Huobi APP, enter into the activity page of Grand Master Competition during the activity time, then set your nickname to enroll in the competition.
From 10: 00 on August 11 to 18:00 on August 17 (GMT+8), users who enroll in the competition during this period can acquire a Grand Master Award. Only 100,000 awards are prepared and will be distributed on a first-come, first-served basis. Users can use it in the competition and win Porsche or countless HT back with zero cost.
Register on Web:
- Log in Huobi Futures official website: https://futures.huobi.fm/en-us/
- Enter into the activity page of Grand Master Competition
- Click [Join Now] to set your nickname for the competition
Register on APP:
- Log in Huobi APP
- Click “Swaps Contest” to enter the activity page
- Click [Join Now] to set your nickname for the competition
Note:
- Each UID can only receive the award once; sub-accounts are not supported in this competition;
- Users are required to open Huobi perpetual swaps accounts first, otherwise the awards may fail to be delivered;
- Users who enroll in the activity after 18:00 on August 17 (GMT+8) will not receive registration awards;
- Awards will be distributed to users’ perpetual swaps accounts on August 18, please kindly note SMS notifications;
- Huobi Futures shall disqualify users’ participation if any malicious behaviors are detected;
- The nickname shall not contain indecent or sensitive words, otherwise, the user's qualification for participation and gaining awards will be cancelled;
Activity 2: Drive the Porsche Back with 0 cost!
Activity Time: 14:00 on August 18, 2020 - 14:00 on August 24, 2020 (GMT+8)
- Final Ranking Awards
Final Ranking (Total Profit Rate) |
|
Top 1 |
Porsche 718 Cayman or Equivalent HT |
Top 2-5 |
1000HT |
Top 6-20 |
500HT |
- Daily Ranking Awards
Daily Ranking(Daily Profit Rate) |
|
Top 1 |
200HT |
Top 2-5 |
100HT |
Top 6-20 |
50HT |
Activity Rules:
- Activity time: 14:00 on August 18, 2020 - 14:00 on August 24, 2020 (GMT+8)
- Regardless of having enrolled in or not during the registration period, users who trade or hold the positions of specified perpetual swaps will be regarded as having joined in the competition.
- Specified perpetual swaps of this activity: BTC, ETH, EOS, LTC, LINK, ADA, ZEC and KNC swaps.
- The total profit rate of Final Ranking is calculated from 14:00 on August 18 to 14:00 on August 24 (GMT+8), while the profit rate of Daily Ranking is calculated from 14:00 of the previous day to 14:00 of the current day, and the ranking updates every hour.
- The top 20 participants will be selected respectively from Final Ranking and Daily Ranking at the end of the ranking and will be awarded accordingly.
- The profit rate during the activity is calculated by the currency variety, and each UID shall take the highest profit rate of those perpetual swaps included. If the profit rate of two people is the same, the one with higher transaction volume shall prevail.
- For Final Ranking, the total order quantity shall limit to 960, and the order quantity for each digital asset shall limit to 120. The order will be counted no matter it is filled or not. If the total order exceeds the limit, the UID will lose its qualification for Final Ranking.
- For Daily Ranking, the total daily order quantity shall limit to 160, and the order quantity for each digital asset shall limit to 20. The order will be counted no matter it is filled or not. If the total daily order quantity exceeds the daily limit, the UID will lose its qualification for Daily Ranking.
- Profit Rate Formula: Total Profit Rate= {[Equity - (Transfer in amount - Transfer out amount) - The initial equity]/ (The initial equity + Transfer in amount)}*100%. The formula is also applied to Daily Profit Rate, and the recording period is from 14:00 of the previous day to 14:00 (GMT+8) of the current day.
- Sub-accounts are not supported in this competition.
Note:
- Porsche 718 Cayman and HT awards will be distributed within two weeks after the activity ends. Please kindly note the SMS notifications.
- Huobi Futures shall disqualify users’ participation if any malicious behaviors are detected.
- If multiple accounts are found under the same IP network segment or the same batch of terminal devices, and after verification, it is suspected that there is batch processing of accounts, the accounts under this IP network segment or this batch of terminal devices will be disqualified from winning awards.
- Digital asset contracts are innovative investment products and carry a high level of risk. Please rationally judge your investment ability and make decisions prudently.
- All award-winning users are required to complete Huobi advanced verification. Users who do not complete it will be disqualified from receiving awards.
- The nickname shall not contain indecent or sensitive words, otherwise, the user's qualification for participation and gaining awards will be cancelled;
- Huobi Futures reserves the right of final interpretation to this event.
Huobi Perpetual Swaps Grand Master Competition Q&A
Q: Can I join the competition without registration?
A: Users can enroll in the competition without registration. Users who enroll in the competition before 18:00 on August 17 (GMT+8) can acquire a Grand Master Award. Only 100,000 awards will be distributed and users can use it in the competition.
Q: Can I trade LINK futures in the competition?
A: The competition is limited to Perpetual Swaps. Futures are not included.
Q: Do all perpetual swaps included in the competition?
A: The specified perpetual swaps are: BTC, ETH, EOS, LTC, LINK, ADA, ZEC and KNC swaps.
Q:How Profit Rate calculated in the Grand Master Competition?
A:Profit Rate Formula: Profit Rate = {[Equity - (Transfer in amount - Transfer out amount) - The initial equity]/ (The initial equity + Transfer in amount)}*100%.
Example: Tom traded LINK Swaps in the competition. At the beginning his initial equity was 1 LINK and had no fund transferred in or out during the competition. At the end of the competition, his equity was 5 LINK. Then his profit rate =(5-1)/1*100%=400%. Transferring the fund into the account will lower the profit rate.
Q: What is daily order quantity limit?
A: For Daily Ranking, the total daily order quantity shall limit to 160, and the daily order quantity for each swap shall limit to 20. If the daily order quantity for one swap exceeds 20, the swap cannot join the Daily Ranking of that day, and this will not affect the daily ranking of the other seven swaps.
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