What is #FuturesWaliDiwali?
CoinDCX is hosting a Futures Trading Festival on the CoinDCX Pro App, with a shared prize pool of 5000 USDT to be won over 5 days starting October 21, 2022 till October 25, 2022.
The daily shared prize pool is 1000 USDT.
Is this offer valid on Margin & Spot Trading?
NO, this offer is only valid on Futures Trading on CoinDCX Pro.
How to Participate?
- Log into CoinDCX Pro app and navigate to Futures screen. Choose any pair of your choice and take a position/trade based on your analysis.
Note: ALWAYS exercise caution while trading on Futures and do your own research before trading.
- After you execute your trade, go to the Positions button on the home screen. Now navigate to the Futures tab. You’ll be able to see your current active positions.
- Click on any active position you wish to share, and choose the Share button as shown in the images below.
- Share your position returns on Twitter or an Instagram post tagging @CoinDCX. Don’t forget to use the hashtags #FuturesWaliDiwali and #CoinDCXPro
Points to remember when sharing your returns on Social Media
|Platform||Points to keep in Mind
|Points to Avoid
Duration of the Festival ?👇
The Festival will be held for a duration of 5 days starting from October 21, 2022 (Friday) till October 25, 2022 (Tuesday).
What are the Rewards ?👇
|Rank 1||100 USDT|
|Rank 2, 3, 4||50 USDT|
|Rank 5-10||20 USDT|
|Rank 11-50||Equally divided pool of 630 USDT*
(*NOTE: If there are less than 50 shares, users with rank 11 onwards get 10 USDT each)
For Example: On Day 1 of the festival, if Amy’s position returns are 100%, John’s are 60%, and Tom’s are 20%,
Therefore, in order of Returns percentage:
🥇 Amy will get 100 USDT as per rank 1st
🥈 John will get 50 USDT as per rank 2nd
🥉 Tom will get 50 USDT as per rank 3rd
Top 50 shares with the highest position returns percentage stand a chance to get rewards from a daily shared prize pool of 1000 USDT.
In case of a tie with equal returns for the same position, rewards will get divided uniformly.
For Example: On Day 1 of the festival, if both Alice & Bob have returns of 100% each to claim the first position, both Alice and Bob will get the rewards equally split between them.
i.e 🥇Alice gets 100/2 = 50 USDT
& 🥇Bob gets 100/2 = 50 USDT
How is the Reward distributed?
CoinDCX social media team will reach out to you, after the completion of the festival duration – asking for your details. If all requirements are met, rewards will be credited to your CoinDCX wallet based on your ranking on the leaderboard.
- If you have shared your returns on Twitter – the team will reach out to you through a Tweet and/or DM
- If you have shared your returns on Instagram – the team will reach out to you through DM
Sounds exciting? Don’t miss out on participating! #FuturesWaliDiwali is all decked and ready for you. 🤗
Please click here for the Terms and Conditions!
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