HotsCoin Announcement on "GMT Perpetual Contract Tarding Contest: Trade to Share 10,000 USDT Prize Pool"

Dear users,

HotsCoin is hosting the GMT perpetual contract trading competition, giving you the chance to share a prize pool of 10,000 USDT by trading the GMT/USDT perpetual contract pair!

Event Duration: January 9, 2024, 16:00 (UTC+8) - January 16, 2024, 16:00 (UTC+8)

Event 1: Share the 3000 USDT prize pool for completing the first GMT/USDT trade.

During the event, users trading the GMT/USDT pair with a cumulative trading volume ≥ 50,000 USDT will receive a 30 USDT reward. This reward is limited to the first 100 eligible users.

Event 2: Win a share of the 7000 USDT prize pool in the trading competition.

Throughout the event, users trading the event pair will be ranked by total trading volume. The top 100 users will share the 7000 USDT prize pool.

Event Notes:

1. Users ranked 6th-100th will share the remaining 4000 USDT prize pool based on their trading volume proportion. The reward cap for each user is 45 USDT.

2. Participants must meet the minimum trading volume requirements for each tier to qualify for rewards.

3. Total trading volume includes both opening and closing quantities (only for the designated trading pair).

Event Rules:

1. This event is exclusive to individual users. Market makers and institutional accounts are not eligible. Sub-accounts may not participate independently.

2. Rewards from Event 1 and Event 2 can be stacked and redeemed simultaneously. The more events you participate in, the more rewards you can enjoy.

3. All prizes are in HotsCoin trading bonuses. Bonus distribution will occur within 7 working days after the event ends.

4. Users are not allowed to engage in fraudulent activities such as wash trading. Violations will result in the forfeiture of rewards upon verification.

Terms and Conditions:

1. HotsCoin reserves the final interpretation of this event and reserves the right to disqualify participants for reasons including but not limited to multiple account operations, self-trading, and market manipulation.

2. In case our risk control engine detects multiple participants employing the same trading strategy, users who achieve optimal results first will be prioritized for award eligibility.

3. If the risk control engine identifies any form of collusion among multiple participants, all involved individuals will immediately lose their eligibility to participate in the event.

HotsCoin

January 9, 2024

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