Exclusive KuCoin Futures 3rd Anniversary Event: 2nd Round of Play & Earn, Enjoy 40,000 USDT in Rewards!
08/23/2022, 11:43:48
KuCoin Futures 3rd Anniversary Special Event! Learn about Futures trading, win rewards from the quiz, and receive newcomer loss subsidies and task points! There’s something for everyone! With KuCoin Futures, you can profit in both bull markets and bear markets, regardless of ups and downs in prices!
Event Duration: 10:00:00 on August 23, 2022 to 10:00:00 on September 6, 2022 (UTC)
Fill in the form to join the event.
Event 1: Exclusive Benefits and Loss Subsidies for Newcomers!
During the event, registered users who trade Futures for the first time will receive subsidies if there are losses. You will receive subsidies from the 20,000 USDT Futures insurance fund in accordance with your actual Futures trading losses (excluding trial funds).
| Losses in USDT | Subsidy Amount |
| ≤ 10 | 100% losses subsidized |
| > 10 | 10 USDT in trial funds |
Enable Futures trading to receive up to 100 USDT in random newcomer rewards instantly. In addition, KuCoin Futures will also provide random airdrops of up to 500 USDT through the exclusive anniversary lucky bags to users who enable Futures trading during the event as well as participating in the event.
Event Rules:
1. Actual PNL = Total funds at the end of the event (excluding trial funds) - Incoming transfers and deposits during the event + Outgoing transfers and withdrawals during the event + Trading fees generated during the event - Total funds at the start of the event (excluding trial funds).
Note: The PNL of open positions will not be counted at the end of the event.
2. All losses are converted into USDT at the market price. Subsidies will be provided in the corresponding amount of USDT trial funds.
3. The Futures insurance fund has a total of 20,000 USDT. If the total loss of all registered users during the event is less than 20,000 USDT, losses will be subsidized at a 100% ratio. If the total loss is greater than 20,000 USDT, losses will be subsidized at a ratio of 20,000/total losses.
For Example:
1) When total losses are 20,000 USDT, users with a loss of <= $10 will receive a 100% subsidy, while users with a loss of > $10 will receive a $10 trial fund subsidy.
2) When total losses are 40,000 USDT, the subsidy ratio will be 2/4=0.5:
Users with a loss of <= $10 will receive a (0.5 * loss amount) subsidy.
Users with a loss of > $10 will receive (0.5 * 10 = 5 USDT) in trial funds.
4. Negative trading fee rates and the PNL of Futures Brawl and Futures Grid bots will not be counted for the purposes of this event.
Event 2: Learn Futures and Complete the Quiz To Win Prizes!
Learn about Futures and take the quiz. We will randomly select 1,000 users who answered all questions correctly to receive 5 USDT in trial funds each. Rewards are limited. First come, first serve!
Event 3: Earn Points by Completing Tasks and Share a 20,000 USDT Prize Pool!
During the event, explore what Futures has to offer; complete tasks to earn points, and unlock the corresponding rewards.
Task Point Rules:
| Number | Task | Point | Maximum points for a single user | References |
| 1 | Complete a Futures order with any 3 different coin types | 1 | 10 | Click to view how to trade Futures |
| 2 | Create and trigger 1 take profit/stop loss order | 1 | 10 | Click to learn how to configure take profit and stop loss |
| 3 | For every 2,500 USDT trading volume | 1 | 40 | / |
* Trading Volume Calculation: Trading volume = Principal * Leverage. For example, opening and closing a position with 50 USDT principal and 10x leverage can reach a trading volume of 1,000 USDT.
Point Reward Rules:
| Points | Prize Pool (Trial Funds) |
| 5-25 | $1,000 |
| 26-41 | $5,000 |
| 42-60 | $14,000 |
Rules:
1. Users can participate in multiple events at the same time and win rewards.
2. In order to ensure the fairness of competition, KuCoin liquidity providers will not be able to participate in the event.
3. The Event 3 prize pools will be divided equally amongst all qualified users.
4. If the reward amount is less than 1 USDT, the reward will not be issued.
5. Futures trial funds can be used for real Futures trading. Profits from Futures trial funds can be transferred or withdrawn. For details, refer to How to Use KuCoin Futures Trial Fund.
6. Rewards will not be issued to any duplicate or fake accounts found to have been cheating or engaging in any other fraudulent behavior.
7. Your Master account and any Sub-accounts are treated as a single account for the purposes of this event.
8. Negative trading fees and the trading volume of Futures Brawl and Futures Grid bots will not contribute to your total trading volume for the purposes of this event.
9. Prizes will be distributed to winners within 14 working days after the event ends.
10. For any questions, contact Customer Service.
11. KuCoin Futures reserves all rights to the final interpretation of this event.
Risk Warning: Trading contracts is a high market risk activity that can result in large gains while also causing you to incur large losses. Past gains are not indicative of future returns. Severe price fluctuations may result in the forced liquidation of your entire margin balance. The information provided here should not be construed as financial or investment advice from KuCoin. All trading strategies are at your own discretion and risk. KuCoin is not responsible for any losses that you may incur as a result of using the contracts.
This activity is not related to Apple Inc.
Thanks for your understanding and support!
The KuCoin Team