First KuCoin Futures Global Team Battle: Hit the Leaderboard and Fight for a 1 Million USDT Prize Pool!
07/14/2022, 19:48:57
The rapid growth pushes KuCoin's registered users to break by 20 million. To celebrate the significant milestone, the first KuCoin Futures Team Battle is now live! Compete for the top spot and earn up to $20,000 in cash prizes! Receive lucky prizes, exclusive leader bonuses, newbie airdrops, and other great rewards. A million-dollar prize pool awaits teams willing to answer the call!
Event Duration: 02:00:00 on July 14, 2022 - 15:59:59 on July 31, 2022 (UTC)
Head to the event page to participate.
Event 1: Up to 100 USDT in Bonuses for Each New User!
Enable Futures trading to claim an airdrop bonus worth 5-100 USDT. KuCoin Futures will randomly select 1,000 participating users that did not receive a real-time airdrop to receive bonus airdrops after the event.
Event 2: Compete for the Top Spot and Earn Up to 20,000 USDT!
During the event, trade any contract to increase your team’s trading volume to earn ranking rewards! Head to the event page to form or join a team. You can fight as a team or invite your friends to join you. The more trades you make, the greater the rewards!
Registration Period: 02:00:00 on July 14, 2022 - 15:59:59 on July 17, 2022 (UTC)
Event Duration: 16:00:00 on July 17, 2022 - 15:59:59 on July 31, 2022 (UTC)
Team Battle in Trading Volume
| Ranking | Rewards | Quantity |
| 1 | 20,000 USDT | 1 |
| 2 | 10,000 USDT | 1 |
| 3 | 6,000 USDT | 1 |
| 4-10 | 3,000 USDT per team | 7 |
| 11-50 | 500 USDT per team | 40 |
| 51-100 | 200 USDT per team | 50 |
| 101-500 | 50 USDT per team | 400 |
| 100 Lucky Teams | 100 lucky teams will be randomly selected to receive 20 USDT each | 100 |
Rules:
1. Team Creation
To create a team, your Futures assets must convert into ≥200 USDT (including sub-account assets and Futures trial funds).
2. Trading volume calculation:
1) Personal 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
2) Team trading volume = The total trading volume of all team members.
3. Distribution of Rewards
The team leader will receive 20% of the team prize, while the rest of the prize will be distributed according to the personal trading volume contributed by each team member. Personal prize = Total team prize * 80% * Personal trading volume / Team trading volume.
For example: Your team won 1st place, receiving a total team prize of 20,000 USDT. The team leader receives an exclusive prize of 4,000 USDT. The team trading volume is 100,000 USDT. If a member has a trading volume of 10,000, then he/she will receive a prize amount of 10,000/100,000 * 20,000 * 80% = 1,600 USDT.
Event 3: Team Leader and Invitee Bonuses!
Team leaders will receive an exclusive 40% commission for inviting friends, while invitees will be rewarded with 500 USDT fee deduction coupons. The top 10 users by invite will also receive a multiplier card, which can be used to double their final rewards. The more people you invite, the more rewards you’ll earn.
For details, refer to “Million-Dollar Futures Team Competition: Up to 10,000 USDT in newcomer invitation gifts for team leaders! 500 USDT airdrop for invitees!”
Event 4: Twitter & Community Activities
During the event, extra team battle rewards will be issued via Twitter and other social media. For details, refer to “Bonus Rewards! Surprise events and rewards just waiting to be unlocked! ”
Event Rules:
1. Participate by enabling Futures trading and creating or joining a team before the event ends. For details, refer to the event page.
2. Your total trading volume is the sum of all trading volume generated during the event, uniformly converted into USDT for calculation. Trading volume data typically has a delay of around 30 minutes. The leaderboard will refresh every 5 minutes.
3. In order to ensure the fairness of the competition, market makers will not be able to participate in the event.
4. Lucky teams must have a team trading volume of at least 10,000 USDT or more.
5. Note that personal rewards of under 1 USDT will not be issued.
6. Users can participate in all the events above at the same time to win rewards.
7. The airdrop bonus includes a Futures trial fund, Futures deduction coupon, or both.
8. The final team trading volume ranking can be viewed on the event page once the event is over.
9. Once a team is formed, the team leader can provide market insights and analysis to help the team in trading strategies. The market analysis provided by team leaders does not represent the official stance of KuCoin Futures. Losses hereby arouse have no relation to KuCoin Futures.
10. 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.
11. Your master account and any sub-accounts are treated as a single account for the purposes of the event.
12. Rewards will be distributed within 14 working days after the event is over.
13. The Trial Fund can be used for Futures trading. Profits generated from it can be transferred and withdrawn. For more details, please check How to Use the KuCoin Futures Trial Fund?
14. The Deduction Coupon can be used to deduct 15% of your Futures trading fees, valid for 15 days. Log in to check your Deduction History.
15. Rewards will not be issued to any duplicate or fake accounts found to have been cheating or engaging in any other fraudulent behavior.
16. If you have any questions, please contact Customer Service.
17. KuCoin Futures reserves the right to final interpretation of the event.
Risk Warning: Futures trading is a high-risk activity with the potential for huge gains and huge losses. Previous gains do not indicate future returns. Severe price fluctuations may result in the forced liquidation of your entire margin balance. This information should not be regarded as investment advice from KuCoin. All trading is done at your own discretion and at your own risk. KuCoin is not liable for any losses resulting from Futures trading.
This activity is not related to Apple Inc.
Thank you for your support!
The KuCoin Team
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