Stay tuned: SGT 16:00, May 31st, 2019
How to participate in this competition?
During the promotion, once trading on HBDM, the registration is deemed to be successful and no confirmation is required.
What is the prize?
1. Huobi DM will calculate users’ final profit rates across the competition, giving awards to top 30. The first place will win Antares 7 Yacht! Please note that the recording period of final profit rate is from 16:00, May 31th to 16:00, June 5th(GMT+8), 2019.
| Prize for Top 30 of Final Profit Rate Ranking | |
| The 1st Place: | Antares 7 Yacht (or equivalent amount of HT tokens.) + Certificate |
| The 2nd – 10th Place: | 2000HT + Certificate |
| The 11th – 30th Place: | 500HT + Certificate |
2. Users who trade on Huobi DM and rank top 30 with daily profit rate will have a chance to win massive HT, ranking first place winning 500 HT. Please note that the daily recording period is from 16:00 (GMT+8) of the previous day to 16:00 (GMT+8) of the current day.
| Prize for Tope 30 of Daily Profit Rate Ranking | |
| The 1st Place: | 500HT + Certificate |
| The 2nd – 10th Place: | 100HT + Certificate |
| The 11th – 30th Place: | 50HT + Certificate |
Rules:
1. Activity Time: From 16:00, May 31th to 16:00, June 5th (SGT).
2. According to users’ daily profit rate and final profit rate, select outstanding and splendid players to give corresponding awards.
3. If a UID is trading several types of contracts, as one contract having one profit rate, we will take the highest profit rate of this UID to enter the ranking. If there are two users with the same profit rate, the one with highest trading volume will win.
4. In terms of the Final Profit Rate Ranking, during the competition period, the total number of orders for all types of contracts should be no more than 250 while for each type of contracts should be within 100. All orders placed will be counted into the order number limit, no matter they filled or not. If the order number breaks the limit, then, the UID will lose its eligibility to enter the Final Profit Rate Ranking.
5. In terms of the Daily Profit Rate Ranking, the total number of orders for all types of contracts should be no more than 50/day while for each type of contracts should be within 20/day. All orders placed will be counted into daily order number limit, no matter they filled or not. If the order number breaks the daily limit, then, the UID will lose its eligibility to enter the Daily Profit Rate Ranking.
6. Formula of profit rate calculation:
Total profit rate= {[Equity - (Transfer_in_amount – Transfer_out_amount) – The initial equity]/ (The initial equity + Transfer_in_amount)} * 100%
Please note, 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 16:00(GMT+8) of the previous day to 16:00(GMT+8) of the current day
7. Sub-accounts cannot participate in this competition.
Notice:
1. The awards of Huobi DM Grand Master Competition II will be distributed within two weeks after the competition. We will remind you via SMS, please kindly note our message.
2. For winners, please contact WeChat account dm19416 to get the certificate of Huobi DM Grand Master Competition II.
3. Contract Types: By contract types we mean coin types of contracts. Huobi DM provides in total 7 coin types of contracts and for each coin contract with different delivery time, e.g. for BTC contract, there are BTC Weekly contract, BTC Biweekly contract and BTC Quarterly contract, which all belong to the type of BTC contract, when counting the number of orders and recording the profit rate, Huobi DM will calculate the total number and total profit of BTC contract rather than just BTC Weekly/Biweekly/Quarterly contract.
4. During the competition, if there is a malicious brushing act, Huobi DM has the right to cancel its qualification of ranking.
5. The final interpretation of this competition belongs to Huobi Derivative Market.
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. Please rationally judge your investment ability and make decisions prudently.
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