KuMEX Simulated Rate of Return Competition: 10,000 KCS to Give Away!
Dear KuMEX Users,
To celebrate the public beta launch of KuMEX, the platform will deposit demo assets of 1 XBT (that is, 1 BTC) into each user's account for simulated trading. The activity will last for 3 weeks after launch, with a total reward of 10,000 KCS for each week of the event.
Since we launch the simulated trading competition, we appreciate the support of our community. In order to allow more users to experience KuMEX, we will launch the fourth round of KuMEX simulated rate of return competition.
Rules of the Fourth Round:
- Time for the Fourth round: From 11:00:00 on July 29, 2019, to 11:00:00 on August 05, 2019 (UTC+8).
- Return rate = (Snapshot of Total Equity in Account at the End of the Fourth Round / Snapshot of Total Equity in Account at the Start of the Fourth Round -1) * 100%
- The snapshot lasts around 10 minutes. The final account equity is subject to the snapshot results.
- Rewards Rules 1: Users ranking top 1-5 will share 6000 KCS rewards in proportion to their return rate. For example, user’s KCS reward=this user’s return rate/sum of top 1-5 users’ return rate * 6000 KCS
- Rewards Rules 2: Users ranking 6 and below with a return rate greater than 50% will share 4000 KCS equally.
- Rewards will be distributed within 3 days of the campaign ending.
Rules of the Third Round:
- Time for the third round: From 18:00:00 on July 22, 2019, to 11:00:00 on July 29, 2019 (UTC+8).
- Return rate = (Snapshot of Total Equity in Account at the End of the Third Round / Snapshot of Total Equity in Account at the Start of the Third Round -1) * 100%
- The snapshot lasts around 10 minutes. The final account equity is subject to the snapshot results.
- Rewards Rules: Users will share the corresponding KCS rewards equally according to their ranking.
- Rewards will be distributed within 3 days of the campaign ending.
Ranking | Rewards Amount (KCS) |
TOP 1 | 1000 |
TOP 2-6 | 1500 |
TOP 7-26 | 2000 |
TOP 27-106 | 2500 |
Users ranking 107 and below with a return rate greater than 25% will share this reward equally | 3000 |
Rules of the Second Round:
- Time for the second round: From 18:00:00 on July 15, 2019, to 18:00:00 on July 22, 2019 (UTC+8).
- Return rate = (Snapshot of Total Equity in Account at the End of the Second Round / Snapshot of Total Equity in Account at the Start of the Second Round -1) * 100%
- The snapshot lasts around 10 minutes. The final account equity is subject to the snapshot results.
- Rewards Rules: Users will share the corresponding KCS rewards equally according to their ranking.
- Rewards will be distributed within 3 days of the campaign ending.
Ranking | Rewards Amount (KCS) |
TOP 1 | 1000 |
TOP 2-6 | 1500 |
TOP 7-26 | 2000 |
TOP 27-106 | 2500 |
Users ranking 107 and below with a return rate greater than 10% will share this reward equally | 3000 |
Rules of the First Round:
- Time for the first round: From July 8, 18:00:00, 2019 to July 15, 18:00:00, 2019 (UTC+8).
- Return rate = (Snapshot of Total Equity in Account at the End of the Activity / 1 XBT -1) * 100%
- The snapshot lasts around 10 minutes. The final account equity is subject to the snapshot results.
- Rewards Rules: Users will share the corresponding KCS rewards equally according to their ranking.
Ranking | Rewards Amount(KCS) |
TOP 1 | 1000 |
TOP 2-6 | 1500 |
TOP 7-26 | 2000 |
TOP 27-106 | 2500 |
TOP 107-406 | 3000 |
Notice:
- KuMEX will publish the latest ranking at 18:00 each day.
- The 1 XBT (equal in value to 1 BTC) of funds deposited to the accounts is simulated and is only for the purposes of the simulated trading and the trading competition.
- The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc. the platform will cancel the qualification of the participants. KuMEX reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuMEX is with legal binding force to all participants who participated in the simulated trading competition.
- Users hereby confirm that their registration and use of KuMEX is voluntary and are not forced, interfered with, or influenced by KuMEX in anyway.
- Rewards will be distributed within 3 days of the campaign ending.
KuMEX will not provide any investment, legal, taxation or other advice to users over the KuMEX contract transaction, and any information about KuMEX contract trading published or sent to users by KuMEX does not constitute or form investment, legal, taxation or other related suggestions. For users needing professional advice, please seek professional financial, legal or taxation personnel for consulting services.
The KuMEX Team