Hey folks!
We are back with another mind-blowing contest, and this time, it’s literally HUGE!
We are giving away INR Rewards up to Rs. 2,00,000 to the contest winners.
Contest Details:
- The contest will be LIVE for 4 weeks starting from 00:30, 19/10/2018 and ends on 00:30, 16/11/2018.
- ‘Top 23 winners’ will be selected based on their Weighted Average of profit.
Profit Percentage= (Profit/Investment)*100
Weighted Average of Profit = (P1*A1 + P2*A2 …Pn*An)/ (A1+A2…An)
*Where A1, A2, A3……..An, are the Amount Invested
*Where P1, P2, P3 ……. PN, are profit percentage values (P)
- Please note that your Weighted Average of profit. is the net value of the profit you earn and the losses you incur. Every time you incur a loss, it will be included in calculating the average profit percentage. Hence, if you incur more losses than profits, your average profit percentage would have a negative value.
- Check out the LIVE Leaderboard on the contest page, which will display the real-time ranks of top 100 traders based on their average percentage profit values, your respective rank, and your current trading volume.
Rewards:
INR Rewards worth Rs. 2,00,000 will be distributed among winners in the following fashion:
- 1st Rank — Rs. 80,000
- 2nd Rank — Rs. 40,000
- 3rd Rank — Rs. 20,000
- Rank 4 to 23 — Rs. 3,000 each
Rules & Regulations:
- You must achieve a minimum trading volume of Rs. 1,00,000. Please note that trading Rs. 1,00,000 does not mean you have to deposit and trade Rs. 1,00,000. If you can use the same Rs. 1000 in 100 trades, you will achieve a trading volume of Rs. 1,00,000 (Rs. 1000 x 100 trades = Rs. 1,00,000 in Trading Volume). Also, remember that 1 Bracket Order has two trade orders, which means your money is traded twice in such an order.
- Minimum 4 coins to be traded during the contest period, and your minimum trading volume should be Rs. 10,000 for each coin.
- Bracket order trading from these coins (BTC, XRP, NEO, ETH,TRX, POLY, NCASH, ADA) only would be considered
- Bitbns also reserves the right to cancel/change the competition if circumstances arise outside of its control.
That’s all the details you needed to know about the contest.
Good Luck!
With Love,
Team Bitbns
