Dear BIT Users,
BIT will officially launch the BIT 5th Anniversary Trading Competition on February 21, 2025. By signing up, you have a chance to share in a $50,000 cash prize pool, along with iPhone 16 Pro Max, Switch, and DJI drones being given away nonstop!
Competition Period: Event time: 00:00 on February 21, 2025 - 24:00 on March 14, 2025 (UTC+8)
Competition Overview:
Individual Competition: Up to 1,000 USDT Reward + iPhone 16 Pro Max
Team Competition: Share a prize pool of up to 3,000 USDT + iPhone 16 Pro Max for Team Leaders
Team Leader Incentive: Win an iPhone 16
New User Benefits: Share in a prize pool of 10,000 USDT
Competition 1: Individual Competition: Win up to 1,000 USDT in rewards + iPhone 16 Pro Max
Requirements:
Registration Requirements: Register on the BIT platform and complete KYC verification, with a total available balance of no less than 100 USDT in the BIT account.
Users can freely choose to trade any spot or futures products to participate in the leaderboard competition.
Eligibility: Users whose futures trading volume exceeds 10,000 USDT or whose spot trading exceeds 5,000 USDT during the competition period will be considered valid participants.
Trading Volume Ranking Levels | Cash Rewards for Individual Rankings | Other Rewards |
1 | 1000 USDT | iPhone 16 Pro Max |
2 - 3 | 800 USDT | iPhone16 128G |
4 -5 | 600 USDT | Switch OLED |
6 -10 | 300 USDT | DJI Drone Neo Standard Version |
11 - 20 | 200 USDT | BIT New Year Luxury Merchandise Collection |
21 - 50 | 20 XRPP | 200 USDT Large Fee Discount Coupon |
51 - 100 | 10 XRP | 200 USDT Large Fee Discount Coupon |
Notes:
1.The rankings and rewards distribution will be based on the data at the end of the event. If there are any abnormal trading behaviors, the BIT platform reserves the right to cancel the user’s eligibility.
2.The trading volume of USD/USDT spot trading pairs will not be included in the trading volume calculation for the individual competition of the event.
3.All rewards will be distributed within 7 working days after the event ends. The types of rewards and the method of distribution will be determined by the BIT platform.
4.Trading Weight Points Explanation: Points are accumulated based on trading volume. For users providing liquidity to the platform, we will increase the point rewards. Specifically, for spot traders using Maker orders, the trading volume will be multiplied by 2 when calculating points, and for futures traders using Maker orders, the trading volume will be multiplied by 1.1 when calculating points.
5.If there are difficulties in shipping physical rewards to certain regions, we will convert the value of the physical rewards to the price of products on the Amazon official website and send it to your reward account.
6.The final interpretation of the event belongs to the BIT platform, which reserves the right to adjust the event rules.
Competition 2: Perps Contracts Yield Team Battle: Share a prize pool of up to 3,000 USDT and win an iPhone 16 Pro Max for the team leader
Competition Period:
Registration: 00:00, February 21, 2025 - 24:00, March 2, 2025 (UTC+8)
Competition Phase: 00:00, March 3, 2025 - 24:00, March 14, 2025 (UTC+8)
Team Formation Requirements:
Once you join a team during the team formation period, you cannot change teams.
A team must have at least 5 members to be considered successfully formed.
The registration for team leaders and team members will open simultaneously during the official registration period.
If a team is not successfully formed during the official registration, the system will automatically assign all members, including the team leader, to other suitable teams randomly.
No new team leader registrations will be accepted during the competition phase. However, new team members can join teams that have already been successfully formed during this period.
An individual user's futures trading volume must reach 6,000 USDT, and the team's total futures trading volume must reach 30,000 USDT to qualify for the competition results.
The prize pool distribution is as follow:
Team Yield Ranking | Distribution of Corresponding Rewards to Teams |
1 | 3,000USDT |
2 | 2,000USDT |
3 | 1,000 USDT |
4 - 5 | 800 USDT |
6 - 15 | 500 USDT |
Prize Pool Distribution Rules: The prize pool will be divided according to the overall ranking of yield rates, based on the following proportions:
Team Reward Distribution:
The team leader is eligible for 30% of the team reward. The remaining reward is distributed according to the individual yield rate rankings of team members, including the leader.
1st place: 30% of the team reward.
2nd place: 20% of the team reward. Other qualifying team members will equally share 20% of the team reward.
Leader Contribution Award: Prizes such as iPhone 16 Pro Max, iPad, Switch, and AirPods will be continuously awarded.
Number of Valid Users in the Team | Team Leader Reward |
Group Formation Success Reward | BIT New Year Merchandise Gifts |
≥10 | Apple AirPods |
≥20 | DJI Drone Neo Standard Edition |
≥50 | iPad 64g |
≥100 | iPhone16 Pro Max |
Definition of Valid Team Users: During the competition period, the futures trading volume must be ≥ 6,000 USDT.
Additional Notes:
Participants must register on the BIT platform and have completed KYC verification.
Institutional users and BIT sub-accounts are not eligible to participate in this competition.
The cumulative trading volume and net yield rates of participants will be calculated in USDT.
Trading volume from the USD/USDT spot trading pair will not be included in the individual competition trading volume calculation.
Trading volume from all coin-margined and USDT-margined futures pairs will be counted in the competition.
The ranking data displayed on the competition page is for reference only. The final rankings and list of winners will be based on the data at the end of the event and the list published by BIT.
Winners will be notified via email, and rewards will be deposited into the accounts of all winners after the competition concludes.
Rewards will be distributed to eligible winners within 7 working days after the competition ends.
In regions where physical delivery is inconvenient, rewards will be converted into USDT based on the Amazon official website price and sent to the winner's BIT account.
BIT commission rebate vouchers will be valid for 6 months from the date they are credited to the account.
BIT reserves the right to disqualify participants who engage in fraudulent or malicious activities, including trading volume manipulation, multiple accounts under the same IP address, etc. during the competition.BIT retains the final interpretation rights for this competition.
For any inquiries, please feel free to contact our online customer service or join the BIT official Chinese group: t.me/bitcom_exchange_cn.
New User Benefits: Share a 10,000 USDT prize pool
From February 21 to March 14, 2025 (UTC+8), new users who deposit ≥ 100 USDT and accumulate a trading volume of > 100 USDT will receive a 20 USDT commission rebate voucher. This offer is limited to the first 500 new users on a first-come, first-served basis, and will end when the quota is reached.
Risk warning
Trading in cryptocurrencies comes with high risk due to price volatility. Please make sure you understand all the related risks of cryptocurrency trading, be prudent in your decisions, and trade cautiously. BIT will not be responsible for your trading losses.
BIT Team
Feb 17, 2024
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