Key Points
- The CoinDCX Futures Trading Dangal 2024 will take place for 17 days!
- Registration is open from March 19, 2024. Register now to be eligible for the contest!
- CoinDCX FTD 2024 has an incentive pool of ₹3.5 crores!
- Futures Trading Dangal Begins on March 26, 2024, and ends on April 12, 2024!
What is Futures Trading Dangal?
Futures Trading Dangal marks a groundbreaking event in the Indian crypto trading space, offering enthusiasts a platform to showcase their prowess and compete for substantial rewards. This unique, one-of-a-kind trading tournament, hosted by CoinDCX, invites all crypto traders to demonstrate their futures trading skills amidst a competitive yet supportive environment.
Mark These Dates on Your Calendar
- Registration for the FTD will start on March 19, 2024.
- The competition will be starting from March 25, 2024, to April 8, 2024.
FTD Highlights:
- ₹3.5 Crore Reward Pool: Participants can stake their claim on a massive ₹3.5 crore reward pool, presenting an enticing incentive for traders to showcase their abilities.
- Contest Duration: Scheduled to run from March 25 to April 8, the Futures Trading Dangal provides ample time for traders to strategize, execute trades, and climb the leaderboard for significant rewards.
- Volume-Based and Profit and Loss (P&L) Evaluation: Traders will be assessed based on two primary criteria:
- Volume-Based: Participants will be judged on the volume of futures traded, rewarding those who exhibit high levels of activity and engagement on the platform.
- Profit and Loss (P&L) Based: Traders will also be evaluated based on the realized profit amount from futures trading, recognizing those demonstrating skillful trading strategies resulting in profitable outcomes.
- Daily Contests: Participants can join numerous smaller contests during the CoinDCX Futures Trading Dangal by joining the dedicated CoinDCX Pro Futures Telegram channel!
- Prize Distribution: The top 25 traders from each category above will be eligible for rewards, ensuring a fair distribution of prizes among participants. Additionally, there are five prize pool levels, each unlocked based on the cumulative total volume traded on the platform.
Futures Trading Dangal – Perks:
- Connect with Expert Traders: Futures Trading Dangal provides an opportunity to connect with other expert traders nationwide, fostering a collaborative environment for knowledge-sharing and skill enhancement.
- Recognition and Bragging Rights: Participants stand to gain recognition and massive bragging rights through CoinDCX channels, elevating their status within the crypto community and establishing themselves as formidable traders.
- First of Its Kind in India: As the largest crypto futures trading battle of 2024, Futures Trading Dangal is a pioneering event in India, setting a new standard for trading competitions within the crypto space.
- Winning Strategies: With rewards based on volume and profitability, traders can employ diverse trading strategies to secure their position among the top performers, showcasing their abilities and garnering influence in the crypto world.
- Platform for Growth: Futures Trading Dangal allows traders to showcase their abilities, grow their following, and expand their influence within the crypto community. It allows traders to connect, share insights, and elevate their trading skills.
Tournament Structure – Rewards & Prize Pool
Volume Milestone-Based Incentive Pool
| Levels | L1 | L2 | L3 | L4 | L5 |
| Volume Milestones | $350 Million | $750 Million | $2 Billion | $2.5 Billion | $3.25 Billion |
| Reward Pool | $3,000 | $7,000 | $85,000 | $200,000 | $400,000 |
Based on the table above, for every volume milestone that is achieved, a new level is opened up for the participating traders. For example, a trading volume that is above $750 million but under $2 billion means that the competition is at Level 3 (L3). Thus, proportionately, a reward pool of $85,000 gets unlocked.
The tournament will have two leaderboards:
- Volume Competition (60% weight)
- P&L Competition (40% weight)
At the end of the tournament, the top 25 ranked traders from each category will be awarded the reward share – where 60% will be allocated for volume competition while the remaining 40% for the P&L competition. Continuing from the example above, say the contest is at L3 with a reward pool of $85,000, the pool will be divided in the following format:
| Volume Rank | Reward Share (60%) | P&L Rank | Reward Share (40%) | Share % |
| 1 | $11,220.00 | 1 | $7,480.00 | 22% |
| 2 | $10,200.00 | 2 | $6,800.00 | 20% |
| 3 | $7,650.00 | 3 | $5,100.00 | 15% |
| 4 | $5,100.00 | 4 | $3,400.00 | 10% |
| 5 | $2,550.00 | 5 | $1,700.00 | 5% |
| 6 | $2,295.00 | 6 | $1,530.00 | 4.50% |
| 7 | $2,040.00 | 7 | $1,360.00 | 4% |
| 8 | $1,530.00 | 8 | $1,020.00 | 3% |
| 9 | $1,275.00 | 9 | $850.00 | 2.50% |
| 10 | $1,020.00 | 10 | $680.00 | 2% |
| 11 | $765.00 | 11 | $510.00 | 1.50% |
| 12 | $714.00 | 12 | $476.00 | 1.40% |
| 13 | $714.00 | 13 | $476.00 | 1.40% |
| 14 | $612.00 | 14 | $408.00 | 1.20% |
| 15 | $561.00 | 15 | $374.00 | 1.10% |
| 16 | $510.00 | 16 | $340.00 | 1% |
| 17 | $459.00 | 17 | $306.00 | 0.90% |
| 18 | $408.00 | 18 | $272.00 | 0.80% |
| 19 | $357.00 | 19 | $238.00 | 0.70% |
| 20 | $306.00 | 20 | $204.00 | 0.60% |
| 21 | $255.00 | 21 | $170.00 | 0.50% |
| 22 | $204.00 | 22 | $136.00 | 0.40% |
| 23 | $153.00 | 23 | $102.00 | 0.30% |
| 24 | $102.00 | 24 | $68.00 | 0.20% |
| 25 | $51.00 | 25 | $34.00 | 0.10% |
Refer & Earn – Futures Trading Dangal
- Campaign Period: March 19, 2024, 02:00 p.m. (IST) to April 12, 2024, 11:59 p.m. (IST).
- Eligibility Criteria:
- Registered and transacting in futures on CoinDCX.
- Indian citizen, above 18 years, compliant with KYC.
- Participants of Futures Trading Dangal.
- Reward: The Referrer gets 10 USDT when the referee places their first future trade. Top 5 referrers win merchandise; the top referrer gets AirPods.
- Terms & Conditions:
- Participate via a designated Telegram channel.
- Winners will be declared on April 15, 2024, on Telegram; rewards will be credited within 7 working days.
- Unlimited referrals are allowed.
- Reward distribution per CoinDCX’s internal process.
- For full details, visit info.coindcx.com/announcement/terms-conditions/refer-earn-futures-trading-dangal/.
Get Started To Participate In CoinDCX’s Futures Trading Dangal 2024
Participating in CoinDCX FTD is as simple as it gets! Check out our comprehensive competition checklist below.
- Create a CoinDCX account.
- Fulfill your KYC requirements.
- Register on the FTD Page.
- Join the CoinDCX Channel.
- Start trading from March 26!
How To Get Ready For CoinDCX Futures Trading Dangal 2024?
New to crypto futures trading? Dive into our dedicated Crypto Futures Trading blog category at Crypto Futures Trading for a wealth of knowledge. Explore topics from Perpetual Futures vs Quarterly Futures to Crypto Futures Order Types: Mastering Execution and Risk Management, and more. Whether you’re a beginner or seeking advanced insights, we’ve got you covered. Start your journey to mastering crypto futures trading today!
- How to Manage your Positions while Trading in Crypto Futures?
- Technical Indicators & Analytical Tools for Crypto Futures Trading Beginners
- A Comprehensive Guide to Futures Trading on CoinDCX
- Mastering Crypto Futures Trading: Understanding Chart Patterns & Its Applications
So what are you waiting for? Get started now!
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