Huobi Global & BitUniverse 2022 Grid Trading Competition Rules

— Trade and Share $40,000 USDT Reward!

Emma
4 min readJan 12, 2022

The whole event consists of three promotions: Promotion A, B, and C. The prize pool distribution is as follows:👇

✅Promotion A — New User Prize Pool

We will give $50 each to the first 550 users who meet the criteria above, with a total prize pool of $50 x 550 = $27,500. First come first served.

Requirements:

  1. Sign up for a Huobi Global account after Jan 14 2022 00:00 UTC (as a new Huobi Global Registrant).
  2. Create a Grid Trading Bot on BitUniverse with an investment of your single Grid Trading Bot > 100 USDT during the competition( 00:00 Jan 17–00:00 Jan 27, 2022 (UTC)) period.
  3. Completed ≥ 10 transactions.
  4. Complete 🔗ID verification on Huobi Global by 00:00 Jan 27, 2022 (UTC).

✅Promotion B — Daily Ranking Prize Pool

Every day within the competition period, the top 30 users with the highest Grid Profit Rate % will share a daily prize of $900, with each getting $30.

Total prize pool of Promotion B: $900 x 10 = $9,000.

Requirements:

  1. Investment of a single Grid Trading Bot ≥ 100 USDT value.
  2. Completed ≥ 10 transactions.
  3. The bot should start after 00:00 (UTC) Jan 17, and must have lasted for no less than 12 hours continuously by the time we export this ranking every day within the competition period.
  4. Each user can get awards from promotion B up to 3 times.

✅Promotion C — General Ranking Prize Pool

By the end of the competition, all Grid Bots that meet the requirements of Activity Rules will be ranked by Total Profit of Grid Trading Bots. For example, if Bob is joining this competition and has 3 trading bots meeting all requirements of Promotion C, then the total profit of his three bots will be ranked. 9 users with the highest Total Profit by the end of the competition will share a $3,500 prize pool.

Total prize pool of Promotion C: $3,500.

Promotion C Prizes

Requirements:

  1. Investment of a single Grid Trading Bot ≥ 100 USDT value.
  2. The bot should start after 00:00 (UTC) Jan 17 and must have lasted for more than 48 hours continuously when the competition ends.
  3. Completed ≥ 30 transactions.

Terms & Conditions:

  • All users should 🔗fill in the form and sign up to participate in the campaign.
  • Users are recommended to complete the 🔗ID verification process. Failure to complete the ID verification by the end of the campaign shall invalidate the rewards of promotion A.
  • Users who signed up successfully will be eligible for winning rewards from PromotionA, Promotion B, and Promotion C.
  • Rewards will be distributed to your Huobi account within 20 business days after the activity ends.
  • Please make sure that you fill in your BitUniverse account (email) and your Huobi UID in the Google Form correctly. The Huobi Account and BitUniverse account cannot be used twice when filling in the form. Failure to fill it incorrectly will be regarded as a waiver of the qualification to share any rewards.
  • Trading profits count across all eligible spot trading pairs on BitUniverse with your Huobi Global account.
  • The ranking will be released at a time to be decided every day from Jan 18 to Jan 28.
  • Market makers are not permitted to participate in this event.
  • Huobi and BitUniverse reserve the right to decide on the outcome of the event, as well as disqualify participants who display any fraudulent behavior.
  • Huobi Global and BitUniverse reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • Huobi Global and BitUniverse reserve the right to amend or cancel any Activity or Activity Rules at our sole discretion.

Kind regards,

BitUniverse Team

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Emma

She works at BitUniverse, which is a leading crypto trading platform in the world.