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Beginner's guide
The Crown Jewel: Bitget KCGI 2023 Futures Trading Competition Introduction

The Crown Jewel: Bitget KCGI 2023 Futures Trading Competition Introduction

Beginner
2023-09-20 | 5m

As the last and most glorious chapter of Bitget KCGI 2023, Futures Trading Competition is open for all traders and teams to compete for the ultimate title and prize.

Registration for Bitget KCGI 2023: Futures Trading Competition starts at 10:00 AM (UTC+8), September 10, 2023, and ends at 10:00 AM (UTC+8), September 30, 2023.

The Competition lasts from September 30, 2023, 10:00 AM (UTC+8) to October 30, 2023, 10:00 AM (UTC+8), and here is everything you need to know to grab a share of our 2,500,000 USDT prize!

Team battle

Eligibility and teaming up

Traders must have at least 300 USDT worth of assets in their futures account at the time of signing up.

To sign up for this event, log in to your Bitget account or register a new one, head to our KCGI Futures Trading Page or select ‘Futures Trading’ under our KCGI landing page.

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To create your own team, scroll down to ‘Create a team,’ click on it, set your team name, captain, and logo, and you’re done. Toggle on ‘Private team’ and set your private key if your team is only open to a selected few.

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You can also join other teams by browsing our Team list or searching teams by their names before clicking on ‘Join a team’ on the right.

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A minimum of 10 team members (including the captain) is required to join our Futures Trading Competition team battle. 24 hours prior to commencement, any team with fewer than 10 members will be disbanded and their members must find new teams, or they will be randomly assigned to other teams.

Each account is only allowed to join one team and can’t quit their team by choice.

Sub-accounts are not eligible, and profit from sub-accounts will not be counted toward your total profit.

Market makers' accounts and accounts with API trading history are not eligible. Any API trading or copy trading activity during the event will result in disqualification.

Eligibility may be subject to your country and/or region’s legal and regulatory environment. Please conduct with full knowledge of any restrictions or requirements for using Bitget trading services in your country and/or region.

Only USDT-Margined Futures and Coin-Margined Futures orders will be counted toward your total trading profit and volume.

Rewards distribution

Team prize pool for Futures Trading Competition will grow with the number of teams to a maximum of 2,000,000 USDT:

Number of Teams

Prize Pool

0 - 200

100,000 USDT

201 - 400

200,000 USDT

401 - 600

400,000 USDT

601 - 800

600,000 USDT

801 - 1000

1,000,000 USDT

> 1000

2,000,000 USDT

10 teams with the highest positive total profit and at least 30,000 USDT in total futures trading volume will be eligible to split our prize pool. Teams with the same total profit will be ranked by their total futures trading volume.

The prize pool will be distributed between these 10 teams by their recorded profit, but rewards for a single team will be capped at 50% of the prize pool. Any excess will be shared between subsequent eligible teams.

Captains will be entitled to 10% of their team winnings, and the rest will be distributed between team members by their recorded Futures Trading profit:

30%, 20%, and 10% to 3 team members with the highest positive profit;

The rest 30% will be distributed between team members with the 4th to 10th highest positive profit by their recorded profit, but rewards for a single team member will be capped at 10% of their team winnings. Any excess will be shared between subsequent eligible team members.

Individual battle

Eligibility

Traders must have at least 300 USDT worth of assets in their futures account at the time of signing up.

To sign up for this event, log in to your Bitget account or register a new one, head to our KCGI Futures Trading Page or select ‘Futures Trading’ under our KCGI landing page.

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Scroll down to ‘Individual Competition’ and click on ‘Register Now’ to throw your name in the hat.

You can sign up for our team battle and individual battle simultaneously.

Sub-accounts are not eligible, and profit from sub-accounts will not be counted toward your overall ROI.

Market makers' accounts and accounts with API trading history are not eligible. Any API trading or copy trading activity during the event will result in disqualification.

Eligibility may be subject to your country and/or region’s legal and regulatory environment. Please conduct with full knowledge of any restrictions or requirements for using Bitget trading services in your country and/or region.

Only USDT-Margined Futures and Coin-Margined Futures orders will be counted toward your total trading profit and volume.

Rewards distribution

Individual prize pool for Futures Trading Competition will grow with the number of participants to a maximum of 500,000 USDT:

Number of Participants

Prize Pool

0 - 15,000

50,000 USDT

15,001 - 30,000

100,000 USDT

30,001 - 50,000

200,000 USDT

> 50,000

500,000 USDT

10 participants with the highest positive ROI will be eligible to split our prize pool. Participants with the same ROI will be ranked by their total futures trading volume.

3 participants with the highest ROI will earn 40%, 20%, and 10% of our prize pool.

The rest 30% will be distributed among participants with the 4th to 10th highest ROI by their recorded ROI, but rewards for a single participant will be capped at 10% of the prize pool. Any excess will be shared between subsequent eligible teams.

Terms conditions

Any suspicious behavior, including but not limited to wash trading, spam registration, abnormally high-frequency trading, fraud, illegal activities, etc., will result in immediate disqualification.

Bitget reserves the right to the final interpretation of the competition.

One more thing

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While you’re at it, don’t miss your chance at our Lucky Draw! During KCGI, everyone can join our Lucky Draw event by clicking on the mini-console icon on the bottom right and completing certain tasks. In return, you’ll get several chances to win Messi jerseys, exclusive sneakers, and crypto assets!

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