Rules of CFT Ranking Mining (Trial)

CoinBene
CoinBene Global
Published in
2 min readAug 23, 2019

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In order to reward contract customers and improve the trading depth of contract trading, we will reward CFT to the contract customers through ranking mining.

The ranking mining volume accounts for 25% of the total daily mining production. Each contract trading pair will divide the pending order mining volume on the day.

Check it out:

[Ranking Mining Cycle]

Every 5 minutes of the day is a ranking mining cycle, and each cycle will be distributed 1/288 of the ranking mining volume on the day.

[Ranking Mining Rules]

The system will select a time randomly from each cycle, and take random snapshots of the ask and bid orders, which:

The 1st bid order will distribute 1/10 of ranking mining period volume by the proportion of the customer’s pending orders.

The 1st ask order will distribute 1/10 of ranking mining period volume by the proportion of the customer’s pending orders.

The 2nd bid order to the 5th bid order will distribute 1/5 of ranking mining period volume by the proportion of the customer’s pending orders (in total 4 orders).

The 2nd ask order to the 5th ask order will distribute 1/5 of ranking mining period volume by the proportion of the customer’s pending orders (in total 4 orders).

The 6th bid order to the 15th bid order will distribute 1/5 of ranking mining period volume by the proportion of the customer’s pending orders (in total 10 orders).

The 6th ask order to the 15th ask order will distribute 1/5 of ranking mining period volume by the proportion of the customer’s pending orders (in total 10 orders).

CoinBene reserves the right to final interpretation of the rules.

If you have any problems, please add our customer service agent, and join the exclusive contract customer group for more benefits.

Telegram : https://t.me/CoinBene_PerpetualContract

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CoinBene
CoinBene Global

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