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    Home » Terms and forms for the “Dare to Double” competition.
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    Terms and forms for the “Dare to Double” competition.

    ZEMS BLOGBy ZEMS BLOGFebruary 26, 2024No Comments6 Mins Read
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    February 26 Terms and forms for the “Dare to Double” competition.

    The “Dare to Double” contest is only open to Vietnamese customers on Bitfinex whose country of registration is Vietnam.

    To participate, players must register online Form.

    a race “Dare to double down” It starts on Tuesday, today 06/03/2024 on time 12 o'clock (GMT+7) and ends on Tuesday 03/27/2024 on time 23:59 VNT (GMT +7).

    Participant must Minimum verification level Basic Plus To create a secondary account and participate in the competition.

    Only participants are registered One Trading sub-account. Watch the video Instructions on how to create a subaccount and deposit funds into the account.

    Participants can only deposit capital into their subaccounts Once During the campaign. Participants can deposit any amount between 10 USD and 100 USD. Reloading is not permitted during the campaign period.

    Participants can trade both spot contracts and derivatives.

    The deadline to fill out the competition registration form is 48 hours before the competition ends. Players who submit the registration form within the last 48 hours will be disqualified.

    Participant must Close all parking lots And convert to American dollar or USDt Before Tuesday 03/19/2024 on time 23:59 VNT (GMT +7). Balance only American dollar or USDt Converted to be eligible for the bonus.

    1. Top 3 Merchants:

    Bitfinex will double the entire account value of the top 3 with the highest percentage.

    The maximum total prize for the top three places is $3,500.

    For example:

    evaluation Top 3 Initial capital % he won Final account value prize
    Top 1 that $30 400% $150 $150
    Top 2 vessel $100 dollars three hundred fifty% $450 $450
    Top 3 Ciao $50 300% $ 200 $ 200

    In the event that the top three finishers' prize pool exceeds the maximum, $3,500 will be divided pro rata among the three winners based on the percentage of each individual's balance compared to the total top three finishes' balance.

    The formula is as follows: Individual account value / Total account value of top 3 * $3,500 = prize for each individual.

    For example:

    evaluation Top 3 Initial capital % he won Final account value prize
    Top 1 that $100 dollars 2000% $2100 $1531.25
    Top 2 vessel $100 dollars 1500% $1600 $1166.55
    Top 3 Ciao $100 dollars 1000% $1100 $802.2

    2. Happy women's day:

    All female traders (based on KYC) who are in the top 10 with the highest win rate, but not in the top 3, will also have their entire account value doubled by Bitfinex.
    The maximum total prize for the top 10 girls is $2,000.

    For example:

    evaluation Top 10 Initial capital % he won Final account value prize
    Top 1 that $30 600% $210 $210
    Top 2 vessel $100 dollars 450% $550 $550
    Top 3 chow (female) $90 400% $450 $450
    Top 4 Russia (women) $50 three hundred fifty% $225 $225
    Top 5 Fu $60 320% $252 Does not meet the conditions
    Top 6 Han (female) $40 300% $160 $160
    Top 7 paint $70 280% $266 Does not meet the conditions
    Top 8 Kate $60 250% $210 Does not meet the conditions
    Top 9 strong $80 180% $224 Does not meet the conditions
    Top 10 my (female) $55 100% $110 $110


    Winners will be announced within 3 business days after the competition ends.

    The prize money will be transferred to the winner's main account within one week of notification.

    Any cheating will result in disqualification. Violating the Bitfinex Terms of Service, violating the Bitfinex Trading Rules Policy, or violating the general campaign rules will result in disqualification.

    Bitfinex reserves the right to proactively disqualify contestants who violate any of the above procedures.

    Bitfinex employees are not eligible to receive prizes from the contest.

    Join the Bitfinex Vietnam community to learn more about the rules and get the latest updates about other exclusive offers exclusively for Vietnamese users: TG Chat | Facebook | Sedition


    Terms and Conditions of the “Dare to Double Up” trading competition.

    The “Dare to Double” trading contest is only offered to Vietnamese customers on Bitfinex whose registered country is Vietnam.

    Customers must register through this form to participate in the contest.

    The “Dare to Double” trading competition kicks off in Tuesday 6 March 2024 at 00:00 Vietnam time (GMT+7) And it ends Tuesday 27 March 2024 at 23:59 Vietnam time (GMT+7).

    Participants must reach the additional basic verification level to create a sub-account and join the contest.

    Each participant must sign up for only one exchange sub-account. Watch this video for instructions on how to create a subaccount and deposit cryptocurrencies into your subaccount.

    Each participant must deposit into your sub-account Once only During the campaign period. Participants can deposit anywhere Between 10 USD and 100 USD. Reloading is not permitted during the campaign period.

    Participants can trade both spot contracts and derivatives.

    The deadline to participate in the competition is 48 hours before the competition ends. Entrants whose entries are made within the last 48 hours of the contest period will be disqualified.

    Participants All their open positions must be closed All assets in the account must be exchanged for USD or USDT before Tuesday, March 19, 2024 at 23:59 Vietnam time (GMT+7). Only settled USD and USDT balances will be included in the account value calculation.

    Top 3 awards

    The top three traders in terms of winning percentage will have their entire balance doubled by Bitfinex.

    The total winnings for the top three places are $3,500.

    For example:

    classification Top 3 Initial capital % earns The final balance Rewards
    the first that $30 400% $150 $150
    2nd Binh $100 dollars three hundred fifty% $450 $450
    3rd Ciao $50 300% $ 200 $ 200

    In the event that the total winnings of the top 3 traders exceed the maximum, $3,500 will be divided proportionally between the winners based on the size of their balance share to the total balance generated by the top 3 traders.

    Formula: Total Individual Balance/Total Top 3 Balance * 3500 = Individual Rewards

    For example:

    classification Top 3 Initial capital % earns The final balance Rewards
    the first that $100 dollars 2000% $2100 $1531.25
    2nd Binh $100 dollars 1500% $1600 $1166.55
    3rd Ciao $100 dollars 1000% $1100 $802.2

    Happy women's day:

    In celebration of International Women's Day, all female traders (as identified through KYC) who make it into the top 10 in terms of percentage gains, but do not make the top 3, will also receive their balance doubled by Bitfinex.

    Total women's winnings are maximum $2,000.

    For example:

    classification Top 10 Initial capital % earns The final balance Rewards
    the first (M) $30 600% $210 $210
    2nd Binh (m) $100 dollars 450% $550 $550
    3rd chow (q) $90 400% $450 $450
    the fourth (And the) $50 three hundred fifty% $225 $225
    Fifth Watch (M) $60 320% $252 Ineligible
    VI han (f) $40 300% $160 $160
    Seventh son (m) $70 280% $266 Ineligible
    VIII Kate (M) $60 250% $210 Ineligible
    9th Kwong (male) $80 180% $224 Ineligible
    The tenth my (f) $55 100% $110 $110

    Winners will be announced within 3 working days After the competition ends.

    Winnings in USD will be credited to winners' main accounts within one week of announcement.

    Any attempt to cheat will result in disqualification. Violation of the Bitfinex Terms of Service, Bitfinex Trading Rules, or Bitfinex General Contest Rules will result in disqualification.

    Bitfinex reserves the ability to disqualify participants at its sole discretion upon any violation of the above terms.

    Bitfinex employees cannot participate in the contest.

    Join the Bitfinex Vietnam communities to learn more about the Paper Trade Contest and be the first to know about other exclusive offers for Vietnamese customers: TG Chat | Facebook | Sedition

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