BitMart Thanksgiving Whole Network Trading Competition

BitMart Exchange
3 min readNov 12, 2019

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Dear BitMart Users,

It’s Thanksgiving season! To express our gratitude to our amazing BitMartians, we are giving away over $400,000 USD worth of tokens in our Whole Network Trading Competition! It’s the moment to claim what you earned and gain on the trades!

Period: 11/11/2019 10:00 AM to 9:00 AM 12/02/2019 10:00 AM (EST)

Part I — Whole Network Net Trading Competition

Net Trading Volume = |Buy — Sell| (absolute value of “buy minus sell”)

1. USDT Market Net Trading Competition

Users will be ranked in terms of the total net trading volume on their BitMart account across all USDT Market trading pairs (e.g. USDT acts as the “Quote Currency”) during the competition period. The top 10 traders with the highest net trading volume will be rewarded with the following prizes:

  • 1st: 30,000 USDT + 500,000 BMX
  • 2nd: 10,000 USDT + 100,000BMX
  • 3rd: 5,000 USDT + 50,000BMX
  • 4th-10th: 2,000 USDT + 20,000 BMX each

About “Quote Currency” & “Base Currency”

“Quote Currency” is the cryptocurrency used to buy other digital assets. “Base Currency” is the cryptocurrency that you wish to buy. Take BMX/USDT trading pair as an example, USDT is the “Quote Currency” while BMX is the “Base Currency”.

2. BTC Market Net Trading Competition

Users will be ranked in terms of the total net trading volume on their BitMart account across all BTC Market trading pairs (e.g. BTC acts as the “Quote Currency”) during the competition period. The top 10 traders with the highest net trading volume will be rewarded with the following prizes:

  • 1st: 5 BTC + 500,000 BMX
  • 2nd: 3 BTC + 100,000 BMX
  • 3rd: 1 BTC + 50,000 BMX
  • 4th-10th: 0.5 BTC + 20,000 BMX each

About “Quote Currency” & “Base Currency”

“Quote Currency” is the cryptocurrency used to buy other digital assets. “Base Currency” is the cryptocurrency that you wish to buy. Take BMX/BTC trading pair as an example, BTC is the “Quote Currency” while BMX is the “Base Currency”.

Part II — BMX Trading Competition

Trading Volume = Buy + Sell

Users will be ranked in terms of the total BMX volume traded on their BitMart account across BMX/BTC, BMX/ETH, and BMX/USDT during the competition period. The top 10 users with the highest trading volume will be rewarded with the following prizes:

  • 1st: 10 BTC + 1,000,000 BMX
  • 2nd: 5 BTC + 500,000 BMX
  • 3rd: 3 BTC + 300,000 BMX
  • 4th-10th: 1 BTC + 200,000 BMX each

Part III. Net Buying Competition (for selected tokens only)

Net Buying Volume = Buy — Sell — Withdrawal

We are announcing 4 Net Buying Competitions this time. For more information about each Net Buying Competition, please click the links below:

1. Sparkpoint (SRK) Net Buying Competition

2. GEChain (GE) Net Buying Competition

3. Apollo Currency (APL) Net Buying Competition

4. Silverway (SLV) Net Buying Competition

Note:

  1. Rewards will be sent within a 2-week period after the competition concludes.
  2. All trades that we deem to be “wash trades” will not be counted towards your trading volume for this trading competition. BitMart reserves the right to freeze any suspected accounts.
  3. BitMart reserves the right to cancel or amend the competition or competition rules at our sole discretion.

ATTENTION: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. BitMart will make its best effort to list only high-quality coins, but will not be responsible for your investment losses.

Thank you for supporting BitMart!

BitMart Team

November 7, 2019

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BitMart Exchange
BitMart Exchange

Written by BitMart Exchange

The Most Trusted Cryptocurrency Trading Platform.

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