The annual Huobi Futures Masters Contest has come again. As the most well-known event in the derivatives industry, the Huobi Futures Masters Contest provides a platform for numerous derivatives traders to showcase their strengths.
Having been successfully held four times so far, each contest resulted in a group of “trading stars” who not only won the grand prize but also shared their trading skills with the community. What’s even more incredible: the champion of the 2nd Futures Masters Contest won the prize at zero cost using his airdrop reward!
🔷Excited to learn more? Here’s how you can participate:
The 5th Futures Masters Contest will officially kick off at 6:00 a.m. (UTC) on September 8th. Any user who trades or holds a position of USDT-margined swaps in cross margin mode will be regarded as having enrolled in the contest, without the need for registration. The results of the contest will only depend on the PnL ratio of each participant.
Huobi USDT-margined swaps support 96 assets in cross margin mode, including mainstream assets, as well as some popular DeFi, GameFi, and NFT assets. Whether you’re fond of trading mainstream or DeFi tokens, you have an opportunity to showcase your strengths.
The rule is simple: If you trade USDT-margined swaps in cross margin mode and predict the direction right, you’ll be able to obtain a Master reward based on your PnL ratio.
A total of 50,000 airdrops have been distributed in three days, which underscores the popularity of this event. You don’t want to miss a chance to win the grand prize, so read the tutorial below carefully.
Join the Contest
🔷Step 1: Log in to https://futures.huobi.com
🔷Step 2: Click the banner “Futures Master Contest” to visit event page
🔷Step 3: Read the event schedule in advance and join the contest.
🔷Step 4: Select one USDT-margined swaps in cross margin mode to trade.
🔷Rewards
The 20 users with the highest daily PnL ratio and the 20 users with the highest total PnL ratio will be rewarded as below. The contest champion will be able to win a 10,000 USDT reward.
Through the introduction of this reward, we can also see that in addition to the 10,000 U for the final champion, the top 2–20 users on the leaderboard could also win a minimum prize of 700 USDT. The daily top 20 users will be able to receive a reward of up to 1,000 USDT.
You may be wondering, are there any other rewards I can receive if I fail to rank in the top 20 in terms of both the highest total PnL ratio and daily PnL ratio?
Even if you fail to rank in the top 20, you still have a chance to win. Just simply check to see whether you meet the following requirements:
● USDT-margined swap trading volumes in your cross margin account reached 1,000 USDT
● Did not obtain any rewards in event 2
● Shared the poster of your PnL ratio in event 2
If the answer is yes to all the requirements, you’ll get an equal share of the 10,100 USDT prize pool.
How do I Calculate My PnL Ratio?
Total PnL Ratio= {[Account equity — (Transfer-in amount — Transfer-out amount) — Initial equity]/ (Initial equity + Transfer-in amount)} * 100%.
The formula is also applied to the daily PnL ratios, starting from 6:00 am on the previous day to 6:00 am of the day (UTC). You may be wondering: will the transfer-in assets affect my PnL ratio?
Here’s an example to illustrate how it works:
Let’s assume Sarah has traded some USDT-margined swaps during the contest and that her initial equity was 1 USDT and no assets were transferred in/out during the contest. At the end of the contest, her equity reached 5 USDT. So, her PnL ratio is (5–1) / 1 * 100% = 400%. If participants do transfer assets in or out during the contest, their final PnL ratio will be affected.
For more information about the contest, visit!
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Disclaimer:
Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of the risks associated with digital asset trading and make prudent trading decisions.
Huobi Global’s announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.
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