Happy HTX 8th Anniversary: Futures Master Contest Returns, Massive USDT Prize Pool!

Participation:

WEB: Click Here  or log in to https://futures.huobi.com, and click the slideshow “Futures Masters” to participate.

APP: Click the slideshow/“Futures Masters” on the HTX APP.

Event 1: Register Now! 50,000 Airdrops Up for Grabs!

Event Period: 10:00 am on Sep. 2, 2021 – 6:00 am on Sep. 8, 2021 (UTC)

During the event, completing the sharing task on the event page will enter you into our contest. By 10:00 am, Sep. 7 (UTC), the first 50,000 users will each receive an airdrop. First come, first served! 

Please Note:

1. Each UID can only receive a reward once; sub-accounts and market-makers are excluded from this event.

2. Users are required to activate HTX USDT-margined swaps trading, otherwise they won’t be able to receive rewards.

3. Users who sign up for the event after 10:00 on Sep. 7 (UTC) will not be eligible for rewards.

4. Rewards will be distributed to users’ cross margin account of HTX USDT-margined swaps on Sep. 8, please kindly check your SMS and email notifications.

5. HTX shall disqualify users if any malicious behavior is detected.

6. Airdrop rewards will be 1 USDT each, which can be used for futures trading in event 2 to win an even bigger prize.

7. This event is limited to non-Chinese citizens; HTX reserves the right of final interpretation of this event.

Event 2: Trade to Join our “Futures Masters” Contest and Grab a Piece of our 70,000 USDT Prize Pool

Event Period: 6:00 am on Sep. 8, 2021 – 6:00 am on Sep. 14, 2021 (UTC)

Users can participate in the HTX Futures Master Contest by trading any asset or holding a position in their cross margin account for USDT-margined swaps. All users will be ranked by their PnL ratios. Users with the 20 highest daily PnL ratios during the event, and users with the 20 highest total PnL ratios will be rewarded.

1. Users with the 20 highest daily PnL ratios will be rewarded as below:

Ranking

Reward/each

1st

1,000 USDT

2nd-3rd

500 USDT

4-10th

200 USDT

11-20th

100 USDT

2. Users with the 20 highest total PnL ratios will be rewarded as below:

Ranking

Reward/each

1st

10,000 USDT

2nd-3rd

3,000 USDT

4-10th

1,500 USDT

11-20th

700 USDT

3. Additional Rewards for Participants:

If participants meet the following requirements, they can obtain an equally proportioned share of an additional 10,100 USDT prize pool.

a) Trading volumes in a cross margin account for USDT-margined swaps reach 1,000 USDT during the promotion.

b) Users who have not obtained any rewards in event 2’s PnL contest.

c) Users who have shared the PnL poster in event 2.

 

Please Note: 

1. Sub-accounts and market-makers of futures are excluded from this event.

2. Designated derivatives refer to any asset in cross margin accounts for USDT-margined swaps (limited to cross margin accounts).

3. Users are not required to sign up for event 2. Anyone who trades any asset or holds a position in a cross margin account for USDT-margined swaps is considered eligible for event 2.

4. Rewards from event 2 will be distributed within two weeks after the event ends, please kindly check your SMS and email notifications.

5. Total PnL ratios will be calculated from 6:00 am on Sep. 8 to 6:00 am on Sep. 14 (UTC), while daily PnL ratios will be calculated from 6:00 am on the previous day to 6:00 am of the following day (a total of six match sessions), and the rankings will be updated by the hour.

6. The final winner lists for both the daily PnL ratio and total PnL ratio contests shall be subject to the official announcement. The rankings shown on the page are for reference only. Any fraudulent behavior is strictly prohibited during the event; in the case of any such behavior, your rewards will be cancelled.

7. For total PnL ratio rankings, the total order quantity in cross margin accounts for USDT-margined swaps shall be limited to 180. All orders will be counted no matter whether they are filled or not. If the total order quantity exceeds the limit, the UID will be disqualified.

8. For daily PnL ratio rankings, the daily order quantity in cross margin accounts for USDT-margined swaps shall be limited to 30. All orders will be counted no matter whether they are filled or not. If the daily order quantity exceeds the limit, the UID will be disqualified.

9. PnL Ratio Formula: Total PnL Ratio= {[Account equity - (Transfer-in amount – Transfer-out amount) - Initial equity]/ (Initial equity + Transfer-in amount)} * 100%. The formula is also applied to daily PnL ratios, starting from 6:00 am on the previous day to 6:00 am of the following day (UTC). The above account refers to cross margin account for USDT-margined swaps.

10. HTX shall disqualify users if any malicious behavior is detected.

11. If multiple winning accounts are found under the same IP network segment or the same batch of terminal devices, and we find that these accounts have been manipulated by the same user, they will be disqualified.

12. All winners are required to complete HTX Advanced Verification, otherwise, rewards will not be distributed.

13. This event is limited to non-Chinese citizens; HTX reserves the right of final interpretation of this event.

14. If users’ PnL ratios are the same, then users will be ranked by their trading volumes.

 

Q&A for “Futures Masters”

Q1: How can I participate in your events? 

A1: For event 1, completing the sharing task on the event page will enter you into the contest. Trading any asset or holding a position in your cross margin account for USDT-margined swaps indicate that you’ve been entered into event 2 without having to register.

Q2: What kind of rewards can I receive?

 A2: Rewards of event 1 are different from those of event 2.

Event 1: The first 50,000 users will each receive an airdrop, which is supposed to be no less than 1 USDT and can be used for futures trading in event 2

Event 2: Users with the 20 highest daily PnL ratios during the event and users with the 20 highest total PnL ratios will be rewarded with large amounts of USDT. Other eligible users who reach over 1,000 USDT in trading volumes and share the PnL poster can get a share of our 10,100 USDT prize pool. 

Q3: How will the PnL ratio be calculated?

A3: Total PnL Ratio= {[Account equity - (Transfer-in amount – Transfer-out amount) - Initial equity]/ (Initial equity + Transfer-in amount)} * 100%. The formula is also applied to the daily PnL ratios, starting from 6:00 am on the previous day to 6:00 am of the day (UTC). 

Q4: Are there any examples for calculating PnL ratio? Will transfer-in assets affect PnL ratios?

A4: For example, Tom has traded any USDT-margined swaps during the contest, making him eligible. At the beginning, we assume that his initial equity was 1 USDT and no funds were transferred in/out during the contest. At the end of the contest, his equity reaches 5 USDT. Then his PnL ratio = (5-1) / 1 * 100% = 400%. 

Note that users who do transfer assets in and out of the account will affect the PnL ratio.

Q5: Will all kinds of derivatives be available for this event?

A5: This event is limited to any asset traded in a cross margin account for USDT-margined swaps. Please pay close attention when selecting the cross margin account before placing an order.

Q6: If I have not obtained any reward, how can I receive the “Additional Rewards for Participants”?

A6: Once the following requirements are met, participants can get an equal share of the additional 10,100 USDT prize pool.

1. Trading volumes in a cross margin account for USDT-margined swaps reach 1,000 USDT during the promotion.

2. Users who have not obtained any rewards in event 2’s PnL contest.

3. Users who have shared the PnL poster in event 2.

 Q7: What is the daily order quantity limit?

A7: For daily PnL ratio rankings, the daily order quantity in cross margin accounts for USDT-margined swaps shall be limited to 30. For total PnL ratio rankings, the total order quantity shall be limited to 180. If the order quantity exceeds the limit, the UID will be disqualified.

 

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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.HTX reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Reminder text here.