The CC Trading Competition kicks off on May 18th 2020 at 12am (UTC) and lasts until June 18th 12am (UTC).
NO ENTRY FEE
You can sign in for the Competition free-of-charge, as no entry fee is required. In order to be considered as a Competitor, you need to however open at least three positions over the course of the Competition.
MARKET AND TOOLS
Trading takes place on BitMEX futures market and you are about to open your positions there using the SkyRocket trading platform.
You have to open an account on BitMEX exchange using this link (link coming soon)
You have to open an account on SkyRocket using this link (link coming soon) and to connect it with your BitMEX account (here you will learn soon how to do it).
HOW DO YOU COMPETE?
You compete for the highest Return-on-Investment (ROI) earned at the moment of concluding the league on June 15th 12am (UTC). ROI is calculated as a percentage increase of your account’s balance between the time when you open your first position and the time of concluding the Competition.
You will compete with the amount paid in while opening your first position. You won’t be able either to add more funds later on. You can, of course, withdraw your funds, however, this will, unfortunately, eliminate you from the Competition.
WHAT IS THE PRIZE?
The amount of the prize depends on the number of Competitors. The more the competitors the higher the prize. Here you can check how a growing number of Competitors translates into a growing prize.
We will send a prize to the account of the winner up until seven days after concluding the Competition.
WHO GETS THE PRIZE?
The winner of the league receives the main prize.
However, if you happen to finish the Competition high in the Ranking, we have an offer for you. High position in the Ranking results in earning points in your SkyRocket Trader Scoring. Read more here (link coming soon) how a high scoring can help you build your brand as a professional trader.
The Ranking of the Competition is available here https://app.skyrocket.trade/ranking/traders (this is a sample ranking for now) and it is updated every 24 hours at 12 am UTC.
We urge all Competitors to play fair. We also reserve the right to disqualify Competitors involved in unfair manipulations. We also reserve the right to verify Competitors’ accounts directly with BitMEX in case of any doubts regarding their status and balance.
Trading futures contracts is a very risky venture, with the potential of both large profits and significant losses. It should be remembered that in case of extreme price changes there is a chance that the entire balance in the wallet can be cancelled.