Dear valued users,
We are excited to launch the new trading contest which is designed to inspire users to actively participate in futures trading on our exchange and enhance their trading proficiency. The winners of the contest will be eligible for substantial rewards. Additionally, we are excited to announce the launch of our inaugural cashback promotion, offering an 18% annualized bonus based on your futures account assets. Don't miss out on this opportunity to join and showcase your futures trading expertise!
Here is the Web link to the event:
https://www.bibvip.net/en_US/activities/wealthEnhancement?inviteCode=1YkwRd
App Activity Entrance:
Home(More) - Event - Wealth Enhancement Trading Competition
Event Time: September 6, 2023, 00:00 (UTC+8) - October 5, 2023, 00:00 (UTC+8)
Audience: Futures Ambassadors and all BIB users
Event Details:
This event offers a wide range of rewards, and the specifics are outlined below.
Prize I:
First time deposit rewards exclusively for futures ambassadors during the event period.
Initial Deposit of Tether Coin | Bonus |
1 USDT | 1 USDT |
≥ 5 USDT | 3 USDT |
(Rewards are capped at 500 USDT, and after the campaign concludes, rewards will be distributed in the order of time, with priority given to 3 USDT rewards while supplies last.)
Prize II:
Upon the event's conclusion (October 05, 00:00), participants' cumulative profits/losses from closed futures trades will be ranked (only futures pairs opened during the event period will be considered). In the event of multiple participants achieving the same profit, rankings will be determined based on the number of trades executed, and rewards will be distributed as follows:
-1st place: 388 USDT
-2nd place: 288 USDT
-3rd place: 188 USDT
-4th-10th place: 50 USDT for each person
(The top 3 winners must achieve a profit of ≥100 USDT, if no participant reaches this threshold, the rewards will be withheld.)
Prize III:
On October 5th, at 00:00, the daily assets in users' futures accounts in USDT (Including held positions), meeting the specified criteria will be calculated, and an 18% annualized bonus will be awarded. However, once the cumulative eligible assets for the 18% annualized bonus restitution reach 50,000 USDT, the restitution rate will be modified to 3%.
(1) During the campaign period, participants must maintain an average daily USDT balance of ≥ 1,000 USDT in their futures accounts, with at least 10 days having a USDT balance not falling below 1,000 USDT.
(2) During the campaign period, achieving a single futures transaction profit of ≥ 30 USDT (partial closing profit of ≥ 30 USDT is also eligible)
(3) During the campaign period, participants must open contract trading positions a minimum of 6 times.
For example, if User A maintains a daily account balance of 1,000 USDT for 10 consecutive days during the activity period, with a balance of 45,000 USDT on the final day, and 0 USDT on all other days, and meets the specified reward criteria, they will qualify for a cash bonus of 25.07 USDT.
1000*0.18/365*10+40000*0.18/365+5000*0.03/365≈25.07 (Rounded to two decimal places)
(There is a limit of 1,200 USDT available for distribution, and eligible participating users will be ranked from the highest to the lowest return incentive, while supplies last.)
Activity Rules:
1. Prize I activity is exclusively for contract ambassadors, while Prize II and Prize III activities are open to all users.
2. Awards will be distributed to the winning users' "spot accounts" within 7 working days after the activity concludes, and the trading competition winners will be announced publicly.
3. All users receiving cash rewards must complete KYC Lv.1 certification.
4. The ultimate interpretation of this activity rests with BIB.
User notice:
1. The platform has the right to prohibit malicious or fake users from participating in the activity.
2. BIB reserves the right to interpret and modify the terms and conditions of this announcement, including but not limited to modifying, changing, or canceling the activity, without further notice.
Thank you for your participation. If you have any questions, please contact BIB Customer Service.
BIB Operations Team
September 5 2023
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