BingX Grid Trading Event | |
---|---|
Prize Pool | 1 BTC |
Activities | Grid Trading Promotion |
Event period | 2024-04-15 12:00 to 2024-04-30 23:59 (UTC+8) |
Cryptocurrency has always been volatile and will likely continue to be due to its 24/7 trading nature, which keeps the market constantly active. This unpredictability can be very intimidating, but when volatility peaks, grid trading becomes a reliable strategy to capitalize on market movements. BingX Grid Trading Event brings you an opportunity where you can win amazing prizes by utilizing this strategy.
If you’re new to grid trading, BingX will provide you with the resources to help you with steps to get started with grid futures trading offering you an additional $50 USDT to get started with.
BingX Grid Trading Event
Futures Grid Trading is considered the most effective strategy during volatile markets. Considering the current market trend, BTC has remained stagnant within its range of all-time high of 73,780 USDT and 60,000 USDT. Grid trading can be the most suitable strategy in such a scenario. The timing of the BingX Grid Trading Event couldn’t be more appropriate given the price action. Participating in this event not only familiarizes you with BingX’s trading platform but also offers potential rewards and fruitful gains.
Event Timeline: 12:00, 15 April – 23:59, 30 April (UTC+8)
How To Participate
Participation in the BingX Grid Trading Event is not automatic. Here are the steps and conditions that need to be followed in order to be eligible for your share of 1 BTC:
- Visit the BingX Grid Trading Event page and click on “Register” to confirm your participation in the event.
- Grid trading on newly created BTC/USDT and ETH/USDT pairs will be eligible for the rewards.
Rewards
The rewards structure in the BingX Grid Trading Event is somewhat different compared to normal futures trading or spot trading events. Here is how participants will be rewarded during the tournament.
Reward 1: Use Futures Grid to share 1 BTC!
To win a share of 1 BTC, simply participate in Grid Trading by creating new BTC/USDT and ETH/USDT grid orders during the event. Your portion of the prize pool will be determined by your total cumulative Futures Grid trading volume.
Reward 2: New to Future Grid? Grab an extra $50 USDT
If you haven’t had the opportunity to engage in Grid Trading with BingX before, now is your chance to earn yourself an additional 10 USDT Bonus Voucher (5x leverage). Simply create a Futures Grid strategy for the first time with BTC/USDT or ETH/USDT trading pairs to claim your bonus.
Eligibility:
- Initial investment ≥ 50 USDT
- Strategy runtime ≥ 24 hours
Terms and Conditions
- Only BTC/USDT and ETH/USDT trading pairs are eligible for participation in this promotion. Trading volume from futures grid trading in other pairs will not be included in the calculation.
- Reward 1 will be distributed in the form of Token Vouchers, while Reward 2 will be provided as Perpetual Futures Bonus Vouchers. All rewards will be distributed within 10 working days after the conclusion of the event.
- Easily convert Token Vouchers into Spot tokens with a single click.
- All vouchers have a validity period of 5 days. Visit the “My Vouchers” section to ensure timely redemption.
- Any users found engaging in unfair practices, such as utilizing multiple accounts (using the same IP address, device, or KYC) or impersonation to gain rewards, will be disqualified.
- BingX reserves the right to provide the final interpretation of this event.
Maximize Your Profits During Volatility with BingX Grid Trading Event!
The challenge is an excellent opportunity for beginners and experienced traders alike to earn rewards while honing their trading skills. You might as well be Pro trader or you’re likely exploring crypto, the grid trading challenge on BingX could be your gateway to learning the art of grid trading and understanding the trends of exchange better. It is a win-win situation and you do not want to miss out on it.