China’s top cryptocurrency exchange – Huobi Global, has announced Grandmaster competition 2 at HuobiDM.
HuobiDM is a subsidiary of Huobi global and is a leading trading platform for the derivatives market, which offers contract margin trade with leverages.
To participate in the Grand master 2 competition, you need to join HuobiDM. There is a prize of $150k luxury yacht for the winner.
To participate in the competition, you just need to start trade on HuobiDM platform, the registration is deemed to be successful and further no confirmation is required.
The awards will be given to top 30. The first place winner will get an ‘Antares 7’ Yacht. The recording period of final profit rate is scheduled from 16:00, May 31th to 16:00, June 5th(SGT), 2019.
The prize for Top 30 – The first place will win Antares 7 Yacht (or equivalent amount of huobi token.) + Certificate. For the 2nd-10th place- a prize of 2000 huobi token plus certificate and for 11th- 30th place, the prize is 500 huobi token plus certificate.
The users who trade on Huobi DM and rank in the top 30 with daily profit rate will have a chance to win a massive huobi token.
Users who trade on Huobi DM and rank top 30 with daily profit rate will have a chance to win massive huobi token, ranking first place winning 500 huobi token. The daily recording period is from 16:00 (SGT) of the previous day to 16:00 (SGT) of the current day.
The 1st place winner will get 500 huobi token plus certificate, For 2nd -10th place winners will get 100 huobi token plus certificate and for 11th- 30th place winners will get 50 huobi token plus certificate.
The activity Time will start from 16:00, May 31th and lasts till 16:00, June 5th (SGT). According to the user’s daily profit rate and final profit rate, the outstanding and splendid players will be selected for corresponding awards.
If a UID is trading in several types of contracts, and as one contract having one profit rate, the highest profit rate of the UID will be considered to enter the ranking. If there are two users with the same profit rate, the one with highest trading volume will win.
During the competition period, the Final Profit Rate Ranking, the total number of orders for all types of contracts should not be more than 250, whereas for each type of contracts it should be within 100.
All orders placed will be counted into the order number limit, whether they are filled or not. If the order number breaks the limit, then, the UID cannot enter the Final Profit Rate Ranking.
For Daily Profit Rate Ranking, the total number of orders for all types of contracts should not be more than 50/day, whereas for each type of contracts it should be within 20/day. All orders placed will be counted into daily order number limit, whether they are filled or not.
If the order number breaks the daily limit, then, the UID cannot enter the Daily Profit Rate Ranking. Sub-accounts cannot participate in this competition.
At the time of writing, Huobi Global exchange 24 hours trading volume is $1,527,902,827 USD with around 115.06% change. The exchange supports 441 market trading pairs and currently the crypto exchange is ranking at 14th position.
What do you think of HuobiDM competition? Share your views on our Twitter and Facebook page.