Neo Promotion: $100k will be distributed to Crypto traders this February!
It’s a Cash Give Away! Invest in Crypto-currency and get a chance to win Cash Prizes!
BitMEX is ready to run another Gorgeous Bonus Promotion for Crypto-currency traders!
This time BitMEX will give away:
The total of $100,000 to Crypto-currency traders!
The promotion runs from February 7th at 00:00 to February 9th at 00:00.
The time above follows UTC.
How the Cash Prizes will be distributed?
The cash prizes, the total of $100,000(USD) will be distributed to 4 traders as below:
- $50K to the trader who continuously quotes the largest two-sided volume within a 0.5% spread.
- $25K to the trader who continuously quotes the second largest two-sided volume within a 0.5% spread.
- $20K to the trader who has the largest profit (in XBT) from trading the Neo (NEOG18) contract.
- $5K to a trader who trades at least one Neo (NEOG18) contract.*
All trader who traded more than 1 Neo(NEOG18) contract will be automatically entered a random draw to win this prize.*
How to participate to this Promotion?
Participation to the contest is quite simple.
1. Signup for BitMEX for Free.
2. Make a Deposit
3. Trade Neo (NEOG18)
Now, you are already included to the promotion!
Terms & Conditions of the Promotion
- BitMEX reserves the right to cancel or amend the rules and conditions at its sole discretion at anytime.
- Any participants who intend to manipulate the rules and conditions will be excluded from the promotion immediately, and this decision will be made at the sole discretion of BitMEX.
- Profits are calculated in XBT towards the promotion.
- Any traders opened or closed outside of the promotion period won’t be included towards the calculation.
- Each investor can win only one prize from the above.
- The winners of the contest(the promotion) will be contacted on February 22nd, 2018.
- All awards are paid out in Bitcoin at the prevailing price of the .BXBT index at 17 February 2018 at 00:00 UTC.
BitMEX will take snapshots of the orderbook at frequent intervals throughout the competition. A trader will add to their quoted volume in each snapshot by taking the minimum of their quoted bids and quoted asks within 0.25% either side of the midpoint. BitMEX will then sum that volume in each snapshot, and the trader with the largest cumulative volume at the end of the competition will win.