Trade.io is one of the top cryptocurrency exchanges that values speed and convenience through a friendly user interface. Since three coins GRIN, NEO and EOS were listed on the exchange, Trade.io also decided to organize a give away contest that has been running since 18th February.
We're giving 5 BTC to lovers of crypto trading!
To show our undying love for you and crypto, we're giving away Bitcoin in another trade.io competition that's sure to sweep you off your feet. source
This competition is for all those who love cryptocurrencies, the crypto traders and enthusiasts.It's a trading competition where 50 winners will be selected to win 5 BTC, the winners will be selected according to their return of investment percentage and trading volume. I will explain later in details. This competition is closing on 28th February. It's not yet late for anyone to participate.
How to join the competition.
This trading competition is open to everyone who has a trade.io account, don't have a trade.io account? sign up here and get one.
The next thing is to make sure you have a minimum of 500 USD equivalent value of any cryptocurrency in your trade.io wallet. 500 USD is the minimum but you can also opt for alot more so that your trading volume becomes high to become more competitive in this trading competition.
How do I win?
First of all, you should trade a minimum of 500 USD, the more amount you trade, the better.
Trade.io is set to reward 20 top winners according to their performance and randomly reward the next lucky 30 winners with a total of 0.5 BTC. The Overall score of this competition will combine both the volume score and the performance score. The amount of money traded will determine your Volume score and the percentage of gains collected will determine your performance score. Overall score will be a result of performance score multiplied by volume score. Competitors will want to balance both these two sub competitions to rank high in this competition.
The best 20 participants will win their prizes accordingly and the rest of the participants will be selected randomly to get the 30 lucky winners. To clarify;
- Percentage Score
This is basically the total percentage of return on your initial investment. Having the highest returns will put you at top of all other contestants in this particular section. If you start with 1 BTC and end with 2 BTC, this will give you 100% return. If 100% is the highest percentage increase in asset balance of all contestants at the end of the competition, you will receive a performance score of #1. - Volume Score
Traders who trade the most volume will be top in this area and likewise traders who trade the list volume will rank lowest in this particular competition. Let's say If you traded 10,000 USDT in volume and no one else traded more than this amount, you will receive a volume score of #1. - Overall Score
The overall score is achieved by multiplying the scores in both of these competitions, The trader with the lowest overall score takes the number one spot.
The winners will receive their prizes according to the table below.
Example #1
You scored #1 in performance and scored #1000 in volume. So 1x1,000 will give you an overall score of #1,000. If 1,000 is the lowest score, you will be ranked overall #1 and eligible 1.5 BTC.
Example #2
You scored #40 in performance but scored #3 in volume. 40x3 will give you an overall score of #120. If #120 in the overall score is ranked #40 in the competition, you will not receive a guaranteed prize, however you will be entered into a random draw raffle where 30 lucky winners will split 0.5 BTC evenly.
Example #3
You have a -235% return for your performance but no one else in the competition had a higher rate of return. Your score for performance is #1. Your volume traded was equivalent to USD 600 with a volume score of #726. Your overall ranking would then be equal to 1x726 = 726. If no one else in the trading competition had a ranking less than 726 you would be the winner of the 1.5 BTC.
For more details go here
Join the competition and stand a chance to win up to 1.5 BTC, even when you don't make it, there is still a chance to win 0.016 BTC in the lucky draw.
Love Crypto
Good luck.
Disclaimer:This is not a financial advice. Please do you own research before investing in cryptocurrencies or any digital asset. This blog post is done for entertainment and knowledge purpose only.
Important links.
Trade.io Website: http://trade.io/en
Press Release: https://trade.io/en/news/tradeio-announces-token-buyback-program
Twitter: https://twitter.com/TradeToken