Dear Toobiters,
Ho ho ho! This holly and jolly season, we at Toobit have put together a merry event for our beloved users.
Check out the TOOBIT CHRISTMAS MARKET; where the prize pool increases when more users join in! That's right, it's a Christmas miracle that the presents can get even bigger 🤩 So what are you waiting for? Come join us in this frosty fiesta and win big this holiday season! ☃️
The Toobit Christmas Market is a celebration competition with a ton of prizes! It is split into two parts: Stage 1 (Candy Cane Trading) and Stage 2 (Naughty or Nice Mystery Box)
⏰Activity Period⏰
Stage 1: Candy Cane Trading - 300,000 USDT To Be Won!
1 Dec 2023 [10:00] to 15 Dec 2023[23:59] (UTC)
Stage 2: Are you Naughty or Nice? Draw the Mystery Box Now!
16 Dec 2023 [00:00] to 26 Dec 2023 [23:59] (UTC)
Eligibility:
Users with total futures account equity ≥ 50 USDT at the time of registration will be eligible for the competition. The platform will review the eligibility of registered users before the commencement of the competition. Those who are considered ineligible may register again after transferring sufficient assets to their future accounts.
All Trading Pairs of USDT-Margin Perpetual Futures on the Toobit platform
Competition Prize Pool:
- Stage 1: Candy Cane Trading-300,000 USDT
- Stage 2: Naughty or Nice Mystery Box-100,000 USDT
Details:
Stage 1: Candy Cane Trading
Candy Cane Trading is a special trading competition, where the grand prize increases with more participants. Therefore, the more users participate in the competition, the higher the total prize pool will be.
| No.of Participants |
100 |
500 |
5000 |
10,000 |
| Total Rewards(USDT) |
10,000 |
50,000 |
150,000 |
300,000 |
Sub-Events
-
Jingleball Jackpot - Lucky Draw (40% of Prize Pool)
-
Sparkling Snowflake - Trading Volume Competition (20% of Prize Pool)
| Rank |
Rewards |
| 1 |
20% |
| 2 |
15% |
| 3 |
10% |
| 4 |
8% |
| 5 |
5% |
| 6-10 |
15% of the trading volume ranking reward pool will be divided according to the proportion of trading volume. The maximum individual reward shall not exceed 5% of the reward for the trading volume ranking list.
|
| 11-50 |
14% of the trading volume ranking reward pool will be divided according to the proportion of trading volume. The maximum individual reward shall not exceed 3% of the reward for the trading volume ranking list. |
| 51-200 |
13% of the trading volume ranking reward pool will be divided according to the proportion of trading volume. The maximum individual reward shall not exceed 2% of the reward for the trading volume ranking list. |
-
Gingerbread Garland - PNL Trading (20% of Prize Pool)
| Rank |
Rewards |
| 1 |
20% |
| 2 |
15% |
| 3 |
10% |
| 4 |
8% |
| 5 |
5% |
| 6-10 |
15% of the PNL ranking prize pool will be divided according to the proportion of profit, and the maximum individual reward shall not exceed 5% of the profit ranking reward.
|
| 11-50 |
14% of the PNL ranking prize pool will be divided according to the proportion of profit, and the maximum individual reward shall not exceed 3% of the profit ranking reward.
|
| 51-200 |
13% of the PNL ranking prize pool will be divided according to the proportion of profit, and the maximum individual reward shall not exceed 2% of the profit ranking reward. |
The corresponding prize pool rewards will be offered according to the rank of the Trading volume and PNL, the final prize pool will be determined by the valid trading users.
Stage 2:Naughty or Nice Mystery Box
We provide a Mystery Box daily, where users have to check in every day for the duration of the event to receive a total share of the 100,000 Prize pool. As it is a mystery box, users must check in to see exactly what reward awaits them. Occasionally, there will be a task to complete before users can receive their reward. There are many rewards that users can get, and it depends on their luck.
Terms and Conditions：
1. Users must click the "Register Now" button and login to the account to participate and receive rewards. After signing up, you can participate in the 2 event activities by default.
2. STAGE 1: CANDY CANE TRADING
- Users who meet the entry requirements (contract account equity >= 50U) are able to participate in the Candy Cane Trading Contest after successful registration on the event page.
- The whole trading tournament will unlock different prize pools according to the number of entries. The trading tournament is divided into 3 sub-activities: Jinglebell Jackpot, Sparkling Snowflake and Gingerbread Garland PNL Ranking. which is divided into prize pools according to different percentages.
3. JINGLEBELL JACKPOT & SPARKLING SNOWFLAKE TRADING RULES
- Trading ranking competition rewards will be distributed within 10 days after the end of the event for Stage 1 of the event [Participate in the Candy Cane Trading Event]. This does not include Stage 2 of the event.
-During the event, each person can receive a maximum of 15 pins lucky draw and valid trading users participating in the individual competition will receive 1 pin for every 20,000 USDT in cumulative contract trading volume, First come first served
- During the event, if users use any trading bonus during the campaign, it will be deducted based on the value of the trading value multiplied by 100 times leverage, and your ranking will be re-ordered based on the deducted trading volume.
- If two or more users have the same trading volume and income in the trading ranking competition, the ranking will be determined based on the order of user registration.
- All participating users must strictly abide by the Toobit Terms of Service. The following behaviors will immediately disqualify you from participating: batch registration of accounts, volume brushing, matching, multi-account operations, and self-transactions will be disqualified.
- If we detect multiple accounts with the same IP address or UID, all offending accounts will be disqualified.
- If the same trading strategy behavior is detected or users who frequently place and cancel orders every minute are detected, they will be disqualified.
- Upon completing the first stage of this event, the winning users must have a U-based contract trading volume of ≥50,000 USDT during the end of the statistical time of the day to be eligible to share the prize pool. Only users whose transaction volume is positive and whose transaction volume reaches the target are eligible to receive rewards.
- The trading reward will count all your contract trading volumes that met the event conditions during the event (opening trading volume + closing trading volume), and only calculate the contract trading volume with contract handling fee > 0; cumulative contract trading volume = open position Trading volume + closing volume.
4. GINGERBREAD GARLAND PNL RANKING RULES
- Profit amount (PNL) calculation formula = closed position profit and loss + unrealized profit; realized profit and loss = (closing transaction price - average position price) * transaction quantity; long position unrealized profit and loss = (mark price - opening average price price)*position quantity; short position unrealized profit and loss=(average opening price-mark price)*position quantity
5. The trading rankings are updated every hour. Only Trading volume exceeding 20,000 USDT and PNL>0 can be listed on the Ranking list.
6. All bonuses with 10 times leverage or unlimited times leverage, and are valid for 14 days. The validity period starts from the day the user receives the bonus. The bonus will be distributed daily.
7. If there is any discrepancy between the English-translated version and the original text, the English version shall prevail.
8. Toobit reserves the right to the final interpretation of this event. If you have any questions, please contact support@toobit.com
|
Toobit Team
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Toobit reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reason without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Toobit is not liable for any losses that might arise from your use of Margin. This information should not be regarded as financial or investment advice. For more information, see our Terms of Use and Risk Warning.
