BingX officially launched the Super Tournament BX Champions - Passionate Trading, Huge Rewards exclusively for the Vietnamese trader community. With a total prize pool of up to $100,000, the event is an opportunity for traders to compete and demonstrate their trading skills. This trading competition by Bingx includes three main categories, suitable for both individuals and teams. Let's explore the details of this event!
OVERVIEW OF BX Champions
BX Champions is a trading competition for ROI Ratio and Trading Volume for teams and individuals, exclusive to Vietnam. Overview of the 2 main categories and side events:
- Solo Category: Individual Volume Race
- Team Category: Team ROI Race
- Side Events: Newcomer and Lucky Draw
SOLO Category: Individual Volume Race
Duration: 12/11 to 24/11/2024
Total Prize Pool: $25,000 Fiat
The more you trade, the larger the unlocked prize pool, up to $25,000. When reaching the required Trading Volume milestones, the corresponding Prize Pool milestone will be unlocked, specifically:
| Trading Volume (USDT) | Prize Pool (USDT) |
| 1 | 5,000 |
| 200,000,000 | 15,000 |
| 300,000,000 | 20,000 |
| +400,000,000 | 25,000 |
Prize Distribution:
- Top 1: 30% of Total Prize Pool
- Top 2: 15% of Total Prize Pool
- Top 3: 10% of Total Prize Pool
- Top 4-5: 5% of Total Prize Pool
- Top 6-10: 3% of Total Prize Pool
- Top 11-20: 2% of Total Prize Pool
Participation Requirements:
- Participants must deposit a minimum of $50 in the Futures Account
- Users with a cumulative Trading Volume of over $10,000 will be displayed on the Leaderboard.
- Calculation of Trading Volume ranking:
- Contract Trading Volume = Standard Contract Trading Volume + Perpetual Contract Trading Volume.
- Standard Contract Trading Volume = Trading volume of positions opened during the event period.
- Only trades held for 5 minutes or more will be counted.
Team Category: Team ROI Race
Duration: 12/11 to 12/12/2024
Total Prize Pool: $50,000 Fiat
- The more you trade, the larger the unlocked prize pool, up to $50,000. Especially when you Create a team or Join a team, you will receive a Mystery Box worth +$10.
- When reaching the required Trading Volume milestones, the corresponding Prize Pool milestone will be unlocked, specifically:
| Trading Volume (USDT) | Prize Pool (USDT) |
| 1 | 5,000 |
| 200,000,000 | 10,000 |
| 400,000,000 | 20,000 |
| 650,000,000 | 30,000 |
| 850,000,000 | 40,000 |
| +1,000,000,000 | 50,000 |
Prize Distribution:
Among Teams
- Top 1 Team: 30% of Total Prize Pool
- Top 2 Team: 20% of Total Prize Pool
- Top 3 Team: 15% of Total Prize Pool
- Top 4-10 Teams: 5% of Total Prize Pool per team
Among Team Members
- Team Leader: 20% of Total Prize
- Team Members: 80% of Total Prize
Note: Only users with a cumulative Trading Volume of $50,000 or more are eligible for prize distribution.
Participation Requirements:
- Participation Conditions
- For Team Creators (Leaders): Minimum Net Assets of $200 in the Futures Account
- For Team Participants: Minimum Net Assets of $50 in the Futures Account
- Team Member Count: At least 5 people
Participation Process:
- Step 1: Register to participate in the event HERE.
- Step 2: Select the team you want to join (OR create a new team). Note that each team must have at least 5 members, and each member must meet the minimum Asset requirement.
- Step 3: Contribute Trading Volume and ROI Ratio to the team.
DETAILS OF SIDE EVENTS
Side Event 1: "Newcomer" - For New Users
Duration: 12/11 to 12/12/2024
Prize Pool: $7,000
Rules: Complete the following tasks to receive rewards:
- First-time deposit of $10 or more: Receive 5 DOGE Voucher Token
- P2P purchase of ≥ $20: Receive 10 DOGE Voucher Token
- P2P purchase of ≥ $100: Receive 10 DOGE Voucher Token
- First trade with a Volume of $100: Receive 15 DOGE Voucher Token
- Reach a Cumulative Contract Volume of $3,000: Receive 15 DOGE Voucher Token
Side Event 2: "Lucky Draw" - Lucky Wheel
Duration: 12/11 to 12/12/2024
Prize Pool:
- Macbook Pro
- Iphone 16 Pro
- AirPods Pro 2
- $GRASS, $DOGE
Rules: Complete the following tasks to receive draw tickets:
- Reach a Daily Contract Trading Volume of $10,000: Receive 1 draw ticket
- Reach a Cumulative Contract Trading Volume of $20,000 - $5,000,000: Receive 1 to +30 draw tickets
Participate now HERE
BX Champions is a great opportunity for all traders to showcase their skills and conquer the attractive prizes from BingX. With a prize pool of up to 2.5 billion VND, the event promises to provide an exciting platform for both newcomers and experienced traders. Don't miss this opportunity! Get your account ready, register for BX Champions with Coin Moi today and join the race for the trading championship this year.
The article BingX Explodes $100,000 Prize Pool with BX Champions Event first appeared on CoinMoi.
