Bitcoin Forum

Alternate cryptocurrencies => Marketplace (Altcoins) => Topic started by: cantivictor450 on March 16, 2019, 05:06:13 AM



Title: Trading Competition
Post by: cantivictor450 on March 16, 2019, 05:06:13 AM
There is an ongoing trading competition for Fetch.AI. For those who don't know Fetch.AI(FET) is here to solve the poor performance of centralized system when it comes to solving complex problems. They propose decentralized system to make things more simple. FET delivers answers to us in a more reliable detailed way where we can benefit with those informations given. https://www.kucoin.com/news/en-fetchai-fet-trading-competition-6-btc


Title: Re: Trading Competition
Post by: tabas on March 16, 2019, 11:19:14 AM
They are going to reward top 200 traders and it seems that there's some space for the top 101-200. The reward would probably be around 0.012BTC for each traders.


Title: Re: Trading Competition
Post by: Hamphser on March 16, 2019, 10:52:51 PM
They are going to reward top 200 traders and it seems that there's some space for the top 101-200. The reward would probably be around 0.012BTC for each traders.

Not a bad prize pool after all when i tried to check out the site.

Top 6-10 traders: evenly split a pool of 0.4 BTC

Top 11-25 traders: evenly split a pool of 0.6 BTC

Top 26-50 traders: evenly split a pool of 0.8 BTC

Top 51-100 traders: evenly split a pool of 1 BTC

Top 101-200 traders: evenly split a pool of 1.2 BTC


Title: Re: Trading Competition
Post by: Pffrt on March 17, 2019, 04:10:03 AM
They are going to reward top 200 traders and it seems that there's some space for the top 101-200. The reward would probably be around 0.012BTC for each traders.

Not a bad prize pool after all when i tried to check out the site.

Top 6-10 traders: evenly split a pool of 0.4 BTC

Top 11-25 traders: evenly split a pool of 0.6 BTC

Top 26-50 traders: evenly split a pool of 0.8 BTC

Top 51-100 traders: evenly split a pool of 1 BTC

Top 101-200 traders: evenly split a pool of 1.2 BTC

The amount is not so big if you think of the amount you need to trade there. It requires a lot of fund to be the top. And the prize for top 51 to later are not even a big amount. For us, it's not possible to get the top place, hahaha.


Title: Re: Trading Competition
Post by: BoxerRobert on March 17, 2019, 03:58:47 PM
the price pool is to decent .i hope everyone will like this trading Competition.


Title: Re: Trading Competition
Post by: jerrison on March 17, 2019, 06:06:13 PM
trading competitions are a way of making  a particular tokens get marketers and traders attention and also draw liquidity in that particular pair of tokens. it was a strategy introduced by Binance on their platform to further encourage traders to take advantage of the opportunity and make a fortune. so far it has now become adopted by loads of other exchangers


Title: Re: Trading Competition
Post by: Hamphser on March 17, 2019, 09:10:58 PM
They are going to reward top 200 traders and it seems that there's some space for the top 101-200. The reward would probably be around 0.012BTC for each traders.

Not a bad prize pool after all when i tried to check out the site.

Top 6-10 traders: evenly split a pool of 0.4 BTC

Top 11-25 traders: evenly split a pool of 0.6 BTC

Top 26-50 traders: evenly split a pool of 0.8 BTC

Top 51-100 traders: evenly split a pool of 1 BTC

Top 101-200 traders: evenly split a pool of 1.2 BTC

The amount is not so big if you think of the amount you need to trade there. It requires a lot of fund to be the top. And the prize for top 51 to later are not even a big amount. For us, it's not possible to get the top place, hahaha.
You do actually have that point.If you arent so good on making up shortings then you would really require a lot of fund to get that top spot but actually its plausible
to go up in rankings even on limited fund but would really takes time to pile up the volume.
trading competitions are a way of making  a particular tokens get marketers and traders attention and also draw liquidity in that particular pair of tokens. it was a strategy introduced by Binance on their platform to further encourage traders to take advantage of the opportunity and make a fortune. so far it has now become adopted by loads of other exchangers
Most people do actually know this traditional stuff when it comes to marketing and fortune making of each project.  :D


Title: Re: Trading Competition
Post by: tabas on March 17, 2019, 10:23:08 PM
They are going to reward top 200 traders and it seems that there's some space for the top 101-200. The reward would probably be around 0.012BTC for each traders.

Not a bad prize pool after all when i tried to check out the site.

Top 6-10 traders: evenly split a pool of 0.4 BTC

Top 11-25 traders: evenly split a pool of 0.6 BTC

Top 26-50 traders: evenly split a pool of 0.8 BTC

Top 51-100 traders: evenly split a pool of 1 BTC

Top 101-200 traders: evenly split a pool of 1.2 BTC

The amount is not so big if you think of the amount you need to trade there. It requires a lot of fund to be the top. And the prize for top 51 to later are not even a big amount. For us, it's not possible to get the top place, hahaha.
Cheer up! I wouldn't say that it 'is not so big'. It's a pool prize that will be shared for every successful trader that will be on those top spots. They are even generous to run this kind of competition.