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ChaseTheDragon Image

🐉💰Chase The Dragon’s Fortune Trading Competition 🐉💰

To celebrate the Lunar New Year, we’re excited to announce our Trading Competition, featuring an enticing 88,888 USDT Prize Pool, an iPad Pro, iPhones, and more rewards!

Here’s How to Win:

  • Sign up individually from 15 Feb onwards.
  • Alternatively, you can already join any of the BitMEX Guilds here to be automatically enrolled.

The Leaderboard will rank all participating active traders based on their Return on Investment (ROI). However, there’s a twist! To qualify for the ranking, you must be among the Top 88 Traders by Taker Volume during the competition timeframe. Any derivative trades are counted towards this volume.

So, here’s the strategy:

  • Aim for an outstanding ROI in your trades.
  • Ensure you meet the volume requirement to secure your ranking.

What and How Much are the Rewards?

The Prize Pool for this competition will be determined by two factors: the total number of active traders that join the competition and the traders’ Total Trading Volume.

Hence, the more active traders that join the competition, the higher the Prize Pool becomes for a bigger group of participants.

The Prize Pool will be distributed as follows:

Active Traders & Total Comp. Volume >300 or >$800m 301-500 & > $1.5bn 501-799 & > $4bn > 800 & > $8bn
#1 🏆 $4,000 $5,000 $10,000 $20,000
#2 🥈 $3,000 $4,000 $7,500 $15,000
#3 🥉 $2,000 $2,500 $5,000 $8,000
#4-5 $750 $1,000 $2,000 $5,000
#6-10 $300 $400 $1,000 $1,500
#11-20 $200 $300 $400 $750
#21-30 $100 $200 $300 $500
#31-50 $50 $100 $250 $300
#51-87 - - $100 $250
#88 $888 $888 $888 $888

Invite your Friends and Community: Special Incentives for New Joiners & Referrals

In addition to the Prize Pool, we are offering special rewards for newly joining traders and our most dedicated supporters.

2x Volume for All New BitMEX Traders:

New BitMEX traders count for double the volume. This means they boost the overall Prize Pool of the competition as well as find it easier to maintain their position in the Top 88 traders by Taker Volume. Traders who have completed KYC on or after 10 February 2024 are considered new traders. Existing users: Be sure to share this offer with your friends to grow the overall Prize Pool and compete for the next special reward.

Apple iPad and iPhones for Our Top Referrers:

Refer your friends or community to BitMEX and win below prizes:

  1. iPad Pro 12.9 (512 GB WiFi+5G)
  2. iPhone 15 Pro Max (512 GB)
  3. iPhone 15 Pro (256 GB)

Winners must refer a minimum of 20 active traders during the competition period to be eligible for the above-stated rewards.

Share Your PNL Card on Twitter For 6x $88

Throughout the competition period, we will hold a PNL card-sharing competition on x.com twice per week. Make sure to participate by sharing yours and tagging @bitmex on X.com. (Find a guide on how to share your PNL card here).

When is the Competition Period?

The competition begins on 19 February 2024 at 00:00 UTC and will end on 10 March 2024 at 11:59 UTC.

General Competition Terms and Conditions:

The competition is valid only for verified users of BitMEX.

  • The Prize Pool rewards will be distributed in USDT tokens.
  • The Prize Pool winners are identified according to the competition leaderboard snapshot towards the end of the competition at 11:59:00 UTC on 10 March 2024.
  • No corporate entities nor individual users trading via corporate accounts will be permitted to take part in this competition.
  • A minimum of $88,000 total derivatives trading volume must be met to be eligible for the competition prize pool.
  • New Traders are all traders that have completed the user verification process on or after 10 February 2024.
  • Joining the competition is subject to our Terms of Service, Exchange Rules, Guild terms and FAQs, and any other terms or directions we may provide.
  • We reserve the right to modify these terms at our sole discretion. Trading derivatives is high risk, please refer to our Terms of Services here and Risk Disclosure Statement here.

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