PrimeXBT Contests
Join PrimeXBT contests to test your trading skills and win great prizes. These contests are fun, competitive, and give you a chance to learn more about trading.
Current Contests on PrimeXBT
Check out the latest contests on PrimeXBT, including weekly trading challenges and monthly leaderboards. No matter if you trade cryptocurrencies, forex, or commodities, you’ll find a competition that lets you test your skills and improve your strategies.
How Can I Participate in Contests on PrimeXBT?
Joining contests on PrimeXBT is easy. Here’s how to start:
- Sign Up or Log In: Make sure you have a registered and verified PrimeXBT account. The login process on PrimeXBT is quick and secure, allowing you to access your account effortlessly.
- Navigate to Contests Section: Find the ‘Contests’ section on the dashboard to see available competitions.
- Choose a Contest: Select a contest that interests you and fits your trading style.
- Read the Rules: Each contest has its own set of rules and requirements. Make sure to read them carefully.
- Enter the Contest: Follow the instructions to enter the contest and start trading.
Get ready to compete and show off your trading skills!
PrimeXBT Contest Benefits
- Skill Improvement: Compete against and learn from other traders, sharpening your trading strategies.
- Prizes and Rewards: Winners and top performers can earn significant prizes, from cash to trading bonuses.
- Recognition: Gain recognition within the PrimeXBT community as a skilled trader.
- Motivation: Contests provide a fun and engaging way to test your trading abilities and push your limits.
- No Extra Risk: Participate in contests without risking more than your usual trading amounts, as many contests are based on percentage returns rather than absolute gains.
- App: In our PrimeXBT app, you can join contests, adding excitement to your trading. The user-friendly interface ensures you have all the tools you need, whether at home or on the go.
PrimeXBT Contests Interface
Exploring the five core sections of the PrimeXBT platform interface:
- Hub: The Hub is a central area for engaging with contests, managing promotional codes, tracking affiliate connections, and accessing educational and community resources.
- Main: This primary interface section is designed for essential account operations such as deposits, withdrawals, and reviewing account statistics. It also provides direct links to trading in global markets and crypto futures, as well as Covesting and contest participation.
- Trade: Focused on trading activities, this section offers tools for accessing and managing margin trading and crypto futures markets. Users can execute trades, monitor markets, and manage their trading positions and orders here.
- Buy Crypto: Users can acquire cryptocurrencies using various payment methods including bank cards and SEPA transfers, facilitated by third-party exchanges.
- Copy-trading: Dedicated to Covesting, this section allows users to follow and replicate the strategies of experienced traders, simplifying the trading process for novices.
This intuitive interface ensures that you can focus on trading and competing without any hassle.
General Contest Rules
PrimeXBT contests are governed by straightforward guidelines to ensure both fairness and transparency. Participants are required to individually register for each contest they wish to enter. During the contest, all trading activities must conform to the platform’s terms of service. To promote fair play, any form of manipulation or use of unfair tactics is strictly forbidden and may lead to disqualification.
Prizes
PrimeXBT hosts contests with specific prize pools, which are distributed as outlined on each contest’s detailed information page. To be eligible for a prize, participants must satisfy all the qualification requirements detailed in the contest rules. Only those who meet these qualifications are considered in the final rankings and eligible for prizes.
Prizes are awarded based on the participant’s position in the final standings and are issued as promo codes via email. These codes offer tradable bonuses that can be used as margin in real trading accounts. It’s important to note that these bonuses are not withdrawable as cash.
Please Note:
The distribution of prizes generally occurs within 1-2 business days following the announcement of the contest results. If a prize has not been received within this period, participants are encouraged to contact the PrimeXBT support team at [email protected] for further clarification or to resolve any issues. This ensures that all participants receive their due rewards promptly and any discrepancies are addressed efficiently.
Qualifications
Qualifications are essential requirements that participants must meet to be eligible for rewards in PrimeXBT contests, especially if they place in the top three positions or as specified in the contest details. These qualifications ensure that all contenders are on a level playing field and have actively engaged in the contest to merit their potential rewards.
The most common qualification requirements include achieving a minimum number of trades and reaching a minimum turnover during the contest period. When a participant opens a position on a contest trading account, it counts towards their Turnover indicator based on the amount of the position, and it also increments their Number of Trades indicator by one.
While closing a position will proportionally increase the participant’s Turnover, it does not affect the Number of Trades indicator. This distinction ensures that both the quality and quantity of trading activity are appropriately measured.
Participants can review the full qualification conditions for each contest by navigating to the ‘All Contests’ page and clicking the ‘View’ button for a specific contest, or by selecting the contest from the ‘My Contests’ list to see detailed eligibility criteria. Failure to meet these qualifications by the end of the contest disqualifies the participant from receiving any rewards, regardless of their final standing.
Conditions
Participation Conditions
Each PrimeXBT contest has a cap on participant numbers to ensure fairness. The maximum number of participants is set to 2,000 for weekly contests and 5,000 for Grand Competitions. Entry is on a first-come, first-served basis until the limit is reached. Upon joining, participants are assigned a new contest trading account starting with the same balance as specified on the contest’s stats page. Participants cannot leave a contest and rejoin to reset their balance or start anew. The leaderboard for each contest only includes accounts registered for that specific contest.
Qualification Conditions
Participants must meet specific qualification requirements to be eligible for rewards. If positions remain open at contest end, their Unrealized P/L is factored into the final total profit calculations. PrimeXBT may require winners or participants to verify their accounts to claim a reward or enter a contest.
Trading Conditions
Leverage for contest accounts mirrors that of real trading accounts. Participants should refer to the fees and conditions table for specifics on leverage and contract specifications. Trade and overnight financing fees are also applied in the same manner as in real accounts, and participants should consult the Fees and Overnight Financing guide for details.
Disclaimer:
Contest rules and conditions may be subject to changes. PrimeXBT reserves the right to deny contest entry or withhold awards from any participant for contest abuse or other reasons at its discretion.
How to Launch a Contest on the PrimeXBT Platform?
To initiate your own fully-branded contest, please reach out to the support team at [email protected]
What we provide:
- Customized Branding: Each contest can be personalized with your own graphics, banners, and design elements that reflect your brand’s unique style.
- Zero Cost Prizes: PrimeXBT covers all prize-related expenses, ensuring that hosting a contest doesn’t impact your budget.
- Global Marketing Reach: Engage in widespread cross-marketing efforts that enhance your brand’s recognition across different regions and platforms.
- Direct Access to Established Userbase: Gain immediate exposure to PrimeXBT’s extensive and active user community.
- Interactive Community Engagement: Offer a dynamic and enjoyable experience to community members, fostering active participation and loyalty to your brand.
Visual Guide:
- Within the ‘Banner’ section, you can display your custom banner, community logo, contest name, and a brief description of the contest.
- The ‘Contest stats’ area allows you to set various contest parameters, including the contest name, awards, participant limit, minimum turnover, minimum number of trades, and the contest’s start and end times.
Here’s a preview of how your customized contest might appear on the desktop version of the platform:
You can also see how your tailored contest would be presented on the mobile web version of the platform:
Requirements:
- Community with 10k+ members or followers (Discord, Telegram, Twitter, YouTube, etc.)
- At least 100 participants
- Cross-marketing campaign and outreach