Celebrate HTX's 12th Anniversary with the Futures Team Challenge
HTX, a prominent name in the crypto exchange industry, is turning 12 this year! To honor its users' dedication and support, HTX has introduced an exciting Futures Team Challenge. This competition offers a fantastic opportunity for traders to team up and compete for a substantial prize pool of 120,000 USDT. If you're passionate about trading and teamwork, this may be the perfect event for you!
How the Futures Team Challenge Works
The Futures Team Challenge features two distinct phases: the team-up period and the trading period. During the team-up phase, participants can either create their own teams or join existing ones directly through the event page. To form a valid team, you need a minimum of 5 members, while the maximum number allowed is 100.
Key Dates for Participants
To participate effectively, make sure your team is assembled during the following periods:
- Team-up Period: From 04:12 (UTC) on the specified date until 04:11 (UTC) ten days later.
- Trading Period: From 04:12 (UTC) on the end date of the team-up phase until 04:12 (UTC) twenty days later.
Boost Your Trading Volume!
As part of the challenge, each team’s trading volume is crucial. All members should engage in futures trading, and collectively, teams need to achieve a minimum trading volume of 30,000 USDT. The top 20 teams achieving the highest cumulative trading volume will get the chance to share the 120,000 USDT prize pool.
Understanding Prize Distribution
The prize allocation follows a completely transparent structure:
- The champion team earns an impressive 20% of the prize pool, which equates to about 24,000 USDT.
- The second-place team receives 15%.
- The third-place team takes home 10%.
- Teams ranking from 4th to 10th will split 30% of the prize pool.
- Finally, the teams ranked 11th through 20th will equally share the remaining 25%.
How Rewards Are Distributed Within Teams
Among the winning teams, the rewards distribution is fair and follows these guidelines:
- The team leader automatically gets 10% of the team's total prize.
- Team members who rank 1st, 2nd, and 3rd based on individual trading volumes will receive 30%, 20%, and 10%, respectively.
- Remaining team members who have a trading volume of at least 30,000 USDT will share the final 30%, proportionate to their contributions but capped at 7% for any individual member.
How to Get Started
Participating in this exhilarating trading competition is straightforward. Simply follow these steps:
- Log in to your HTX account. If you’re new, don’t worry! You can sign up easily.
- Visit the event page to create or join a team.
HTX maintains a strong commitment to putting users first. As you celebrate this milestone anniversary with HTX, the exchange continues to innovate and enhance the trading experience for its global users.
About HTX
Founded in 2013, HTX (formerly known as Huobi) has grown into a robust blockchain ecosystem, going beyond simple digital asset trading. Its diverse offerings include financial derivatives, investment opportunities, research, and incubation services, making it a true leader in the space.
As a gateway to Web3, HTX prides itself on global capabilities to provide safe and reliable trading experiences. Following its strategic growth plan focusing on expansion, ecosystem growth, and security, HTX is well-positioned to deliver quality services and value to virtual asset enthusiasts all around the world.
Frequently Asked Questions
What is the Futures Team Challenge?
The Futures Team Challenge is a competition that allows traders to join or form teams to compete for a share of a 120,000 USDT prize pool.
How can I participate in the challenge?
You can participate by logging into your HTX account, forming or joining a trading team, and trading during the specified periods.
What are the key dates for the challenge?
The team-up period and trading period have specific start and end times. Make sure to check the event page for precise timings.
How is the prize money distributed among winners?
The prize money is distributed based on team rankings, with specific percentages allocated to the top teams and individual members based on trading volume.
What additional support does HTX provide?
HTX is dedicated to providing its users with advanced tools and resources to enhance their trading experience and ensure safety and efficiency.
