Details of Sign-up and Contest Time (UTC+8):
Sign-up Start Time: 2023-05-14 10:00
Contest Start Time: 2023-05-20 10:00
Sign-up End Time: 2023-06-10 10:00
Contest End Time: 2023-06-17 10:00
Phase I: 2023-05-20 10:00 to 2023-05-27 10:00
Phase II: 2023-05-27 10:00 to 2023-06-03 10:00
Phase III: 2023-06-03 10:00 to 2023-06-10 10:00
Final: 2023-06-10 10:01 to 2023-06-17 10:00
Event Details:
1. Gold Coin Shower
During the anniversary celebration (5 weeks from 2023-05-14 to 2023-06-17), users can collect gold coins every day by clicking the falling gold coins on the screen, which will appear after users log in to the official website or App and visit the event page. Popular tokens such as Doge and SHIB will be issued from time to time, with limited quantity on a limited time. There is only one Gold Coin Shower per day. If you exit in the middle of the Gold Coin Shower, the gold coins collected on that day will be invalid and there won't be another round of Gold Coin Shower.
a) The gold coins collected can be used to redeem Bonus, Trial Fund, rebate voucher, USDT, BTC, etc.
b) You can click "Multiply" to view the specified tasks for you to multiply the gold coins you have collected. After completing the task, you'll need to click "Multiply" to multiply them. The more tasks you complete, the greater the multiplier, and the higher the chance it is to redeem great prizes.
c) New users will be able to start their first trading task after playing the Gold Coin Shower for the first time. This task is for new users only and they can get an additional 50 USDT Bonus (5x leverage) upon completion.
d) Bonuses and Rebate Vouchers will be issued upon successful redemption. The tokens, Trial Funds, USDT, ETH and BTC rewards will be issued in the next week after successful redemption.
e) All rewards can be viewed in "Reward Details".
2. Preliminary Round
Sign-up Requirement:
A. Profit Ranking (3 Phases)
i) During the preliminary round, participants who have signed up for the event will be ranked according to the profit amount of their Futures trades. The top 5 participants of each phase (1 week) will win a prize each after the end of each phase.
ii) Profit Ranking Calculation: Individual Profit Amount = Current NAV (including unrealized P&L) - Initial NAV + Withdrawals during the event - Deposits during the event - The Bonus amount of orders created using Bonus. Since the calculation of the net asset value (NAV) takes time, there may be a delay in updating the profit amount.
Please Note: This event only counts Futures trades.
iii) Prizes for the Preliminary Round:
Prize Pool Details:
| Participants | 1 | 100 | 3,000 | 10,000 | 100,000 | 1,000,000 | 5,000,000 |
| Prize Pool (USDT) |
1 |
1,000 | 8,000 | 20,000 | 50,000 | 200,000 | 1,000,000 |
| Profit Ranking of Each Phase | Prize Pool Share Ratio |
| 1st | 40% |
| 2nd | 20% |
| 3rd | 20% |
| 4th | 10% |
| 5th | 10% |
The top 30 participants of each phase can advance to the final round. In addition, the top 50 participants of each phase will get a random NFT reward. The ranking for each phase is independent.
B. Popularity Contest
i) Users can vote for participants of their own choice and participants will be ranked in descending order according to their popularity which is dependent on the votes. All participants will be displayed by default (Each user has one vote per day and can vote for different participants during the event);
ii) At the end of the third phase of the preliminary round, the top 100 popular participants will advance to the final round. Additionally, the top 170 popular participants will get a limited-edition BingX NFT reward (Based on the data on 2023-06-10 09:59:59, UTC+8).
3. Final Round
A. Profit Ranking (1 Phase)
i) Finalists: The top 30 participants in the Profit Ranking Contest of each phase + the top 100 participants in the Popularity Contest from the preliminary round. The maximum number of finalists is 190, and the minimum number of finalists is 100.
ii) Ranking Mechanism: During the final round, finalists will be ranked according to their profit amount. The top 10 finalists will win the prizes after the final round.
iii) Profit Ranking Calculation: Individual Profit Amount = Current NAV (including unrealized P&L) - Initial NAV + Withdrawals during the event - Deposits during the event - The Bonus amount of orders created using Bonus. Since the calculation of the net asset value (NAV) takes time, there may be a delay in updating the profit amount.
Please Note: The Futures Trading Contest count statistics incurred from trades in USDT-M Standard Futures, Coin-M Standard Futures and Perpetual Futures (including Forex).
iv) Prizes for the Final Round:
| Ranking in the Final Round | Reward (USDT) |
| 1st | 100,000 |
| 2nd-3rd | 30,000 |
| 4th-5th | 10,000 |
| 6th-7th | 5,000 |
| 8th-10th | 2,000 |
B. League Popularity Contest
The system will create a league for each finalist in the final round. Participants who do not make it to the final round can join any league of their choice as warriors. The ranking will be based on the number of warriors in each league at the end of the final. The top 3 leagues will share the corresponding team prize (Participants cannot change their league after joining).
i) Requirement for Joining a League: Participants need to have a minimum trading volume of 5,000 USDT for Futures during the celebration event.
ii) The final prize will be equally distributed among the warriors of each winning league.
iii) Reward Details:
| League Ranking | Prize Pool |
| Top 1 | 30,000 USDT |
| Top 2 | 10,000 USDT |
| Top 3 | 5,000 USDT |
4. Limited-edition BingX NFTs
BingX will release 500 limited-edition BingX NFTs for this event, which can be earned by signing up for the event and participating in the preliminary and final rounds. BingX sets different buyback prices for different NFTs. Users can convert their NFT(s) to USDT or withdraw to their wallet.
NFT Introduction
NFT is short for the word Non-Fungible Token. It is collectible and has a transaction value. It is of collection and trading value.
Common cryptos such as BTC and ETH are homogenized. BTC and ETH are no different and can be converted interchangeably. In contrast, the significant feature of NFT is that each NFT has a unique and sole identifier, which is non-interchangeable.
Due to the irreplaceable characteristics of each NFT, it has a collection and transaction value. NFT is gradually receiving more and more attention, with very practical and potential application prospects in the field of games, collectibles, artwork, identity, etc.