News Release
HTX Futures Championship Is Live! Refer Friends and Compete for a Share of the 1.2M USDT Prize Pool and a Grand Prize of 1 BTC
HTX
In the blink of an eye, 2023 has drawn to a close, and the eagerly anticipated new round of the HTX Futures Championship has arrived. With numerous strong competitors in the futures market, who will emerge victorious and ascend to reign supreme? Why not seize the opportunity to showcase your skills and take part in the HTX Futures Championship? According to an official announcement from HTX, the new round of the HTX Futures Championship officially commenced on November 14 at 8:00 (UTC). Participants are now encouraged to bring their friends into the event and collectively vie for a prize pool of 1.2 million USDT, along with a grand prize of 1 BTC. This month-long event will last from November 14th, 8:00 (UTC) to December 14th, 8:00 (UTC), offering participants the opportunity to partake in a variety of compelling competitions, including the Referral Competition, Individual Challenge, Team Challenge, and Lucky Draw. As of 6:00 (UTC) on November 15, a total of 2,386 participants have registered for the event. The larger the number of participants, the greater the prize pool. Take immediate action by clicking the Register Now button on the event page to enroll and take part in the championship. Event 1: Referral Competition: Invite friends to trade futures and grab up to 240,000 USDT Referral Prize Pool: Participants invite friends to sign up on HTX and encourage them to trade futures during the event period. Your invitees will be considered as your valid referrals, if they achieve a cumulative trading volume of ≥ 1,000 USDT. Participants must have ≥ 5 valid referrals to qualify for the referral ranking and become eligible to share 50% of the Referral Prize Pool & New Trader Prize Pool (The Referral Prize Pool and the New Trader Prize Pool each account for 50% of the total funds in the Referral Prize Pool & New Trader Prize Pool). New Trader Prize Pool: During the event period, participants who trade futures for the first time and reach a cumulative trading volume of ≥ 10,000 USDT will qualify to share 50% of the Referral Prize Pool & New Trader Prize Pool. However, a single participant can receive a maximum reward of 10 USDT. Event 2: Join the Individual Challenge and compete for up to 360,000 USDT During the event, participants who engage in futures trading and achieve a cumulative trading volume of ≥ 500,000 USDT will be entitled to compete in the trading volume leaderboard. A prize pool of up to 360,000 USDT in Futures Trial Bonuses will be shared among the top 100 participants. However, please pay attention to the following points: Individual futures trading volume = Total opening + closing amounts during the event period. In the event of multiple participants having the same trading volume, rankings will be determined based on their PnL ratios. Event 3: Team up for shared success and vie for up to 600,000 USDT In the team-up period, participants can opt to either create their own teams or become part of established ones. A team will be deemed successfully formed when it encompasses at least 5 members. During the challenge period, team members can bolster their team's PnL by trading futures. The top 20 teams with the highest cumulative PnL will qualify to share a Team Challenge Prize Pool of up to 600,000 USDT. Team Challenge Prize Pool Here are the rules for how rewards are distributed among team members: The team leader can receive 10% of the team rewards, and the remaining rewards will be distributed based on the individual PnL rankings of team members (including the team leader). The 1st place is eligible for 30% of the team rewards, the 2nd place is eligible for 20% of the team rewards, and the 3rd place is eligible for 10% of the team rewards. Other qualifying team members can evenly split 30% of the team rewards (Each individual's share cannot exceed 10%; if it does, it will be calculated at 10%). Throughout the team-up period, team changes after joining are not permitted. For a team to be considered successfully formed, it must consist of ≥5 members. At the end of the team-up period, teams with <5 members will be dissolved, and their members will be randomly reassigned to other teams. The calculation of the team's PnL will incorporate only the PnL of team members who have reached a cumulative trading volume of ≥ 200,000 USDT. Only the realized PnL from closed positions during the event period will be included. If multiple teams or participants within a team have the same PnL, rankings will be determined based on their cumulative futures trading volume. Event 4: Lucky Draw: Complete trading tasks for a shot at winning 1 BTC During the event period, participants will receive 1 entry into the lucky draw every time they achieve a futures trading volume of 5,000 USDT in a day. Each participant has the chance to gather up to 10 entries for the lucky draw per day. Participants' trading volumes will be reset to zero when a new day starts. The lucky draw boasts generous rewards, offering a chance to win up to 1 BTC. Participants' trading volume and lucky draw entries will be reset to zero every day, and any unused entries will be nullified. Fair Play on Global Stage: Trade with Confidence at HTX, A Top 3 Crypto Exchange for All Your Needs HTX, a top 3 crypto exchange worldwide, has maintained a flawless security record for the past decade. With a robust risk management system in place, HTX ensures the safety of users' assets. With top priority given to asset transparency, HTX regularly discloses its Proof of Reserves (PoR) audit reports to the public. Currently, HTX has upgraded to a dual PoR audit mechanism, utilizing Merkel Tree-based solutions and Zero-Knowledge Proof (ZKP), ensuring complete transparency of assets that can be verified at any time. At present, HTX has released the PoR audit reports for the 13th time, with data audited as of 00:00:00, November 1, 2023. Moreover, HTX consistently maintains a reserve ratio exceeding 100%. Furthermore, HTX boasts exceptional asset liquidity, guaranteeing the prompt fulfillment of users' trading needs. By choosing HTX, you are opting for a trusted crypto exchange that offers secure and efficient services for investors worldwide. In its vision for the upcoming decade, HTX aspires to evolve into an all-encompassing platform that spans spot trading, derivatives trading, and wealth and asset management. It aims to become a trusted metaverse free port for global users in the Web3 era. About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/
November 16, 2023 12:30 PM Eastern Standard Time
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