Coin Price 24h % Launches USDT Settled Perpetual Contract Trading and USDT Contract Daily Trading Competition with 10,000 GT in Prizes

2019-11-21 18:05:35Read:74925

After having tested the stability of the new contract feature, is now officially launching the USDT Settled Perpetual Contract Trading and USDT Contract Daily Trading Competition .

We will reward 30 winners who can share 10,000 GT between them, only for BTC/USDT Perpetual Contract with the highest possible leverage of 100X.

1. Time:

From UTC 9:00am November 22 to 9:00am November 29 (7 days in total). We will be determining the winners on a daily basis.

The competition results over the past 24 hours will be calculated at UTC 9:00 each day.

1st prize: 380 GT
2nd prize: 280 GT
3rd prize: 100 GT
4th-30th prize:28 GT

3. Rules:

1) Traders who trade BTC/USDT contract during the competition period will automatically be subscribed to the competition.
2) The competition result of the past 24 hours will be calculated at UTC 13:00 each day.
3) During the competition, fund deposits will be limited by the traders who are allowed to cover their unrealized losses. You will be able to choose from 1x to 100x leverage. The lowest earning is 100USDT, and 1st to 3rd prize will be set at 380GT, 280GT and 100GT, and 4th to 30th will be set at 28GT.
4) Each day the accepted trading count is between 1-60.

* Attention:
1) The earnings from the competition will be calculated based on the accumulated earnings from the BTC/USDT contract trading (including unrealized losses/earnings, realized losses/earnings, trading fees and other handling fees etc.)

2) Principle = original account balance + subsequent transferred-in funds

3) To ensure fairness of the competition, accounts with abnormal trading activities (e.g. use of other accounts to distribute earnings) will be excluded. The prizes will be distributed to the next trader based on the ranking.

4) Risk warning: Perpetual contract trading is simple to use. It is similar to regular trading with no contract delivery. However, please note that the cryptocurrency market is extremely volatile. Please be aware of the market risks and choose the amount of leverage cautiously.

5) To learn how to trade perpetual contracts, please go to the Trading Simulation Area to be able to practice.

4. To participate in the competition: Perpetual Contracts Perpetual Contract is one of the most active crypto-asset contract trading markets in the world. At its peak, we’ve hit a total trading volume of 400 million USDT on the Perpetual Contracts platform, with an insurance fund of over 1,000 BTC to compensate users when traders’ balance drops below zero. Perpetual Contracts provide 100X leverage for BTC, and 20-100X leverage for other major cryptocurrencies such as ETH, EOS, LTC, BCH, BSV for users to go either long or short. The close position is calculated based on the price index from multiple platforms, which helps the trading feature run continuously and reduce investors’ risks.

However, contract trading involves higher risks with high leverage, hence, users should understand the trading rules and be aware of the market risk, and make investments cautiously.

6. Perpetual Contract Trading Interest Settlement

Currently, the interests of Perpetual Contract Trading is settled in BTC and USDT. Users need to deposit BTC to engage in BTC settled contract trading or USDT in the USDT settled contract trading. The USDT settled Perpetual Contracts can help eliminate market volatilities, which is more suitable for new traders.
The BTC and USDT settled Perpetual Contracts Trading and their simulation trading areas are already available on

BTC Settled Perpetual Contract Trading (Web):

Mobile app users, please go to “Contracts”. Download the app at:

Contract trading fee: Maker: -0.025%; Taker: 0.0075%; 0.025% fees will be deducted from your accounts to the maker. is a trading platform that does not charge listing fee, only launches quality projects, and provides users with a 100% guarantee and instant deposit-withdrawal services.
Get 30% trading fee in the affiliate program at New Features:
Spot Trading on (200+ tokens):
Margin Trading on (Long or Short):
Perpetual Contract Trading:
Lending on (secure and stable, high annual return):
C2C Trading on
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November 21, 2019
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