Thanks for being an integal part of our community. We are rolling out the first futures event for affiliates——the "RikyCoinW Exclusive Contest". A world of rewards is await you.
Event period: October 18, 2023 - November 31, 2023( UTC)
Here are What You Stand to Win:
Early Bird Reward： The first 50 users who fill out the information via this register form before the event starts will get a 50 USDT bonus.
Futures Volume Contest: Battle it out and grab a share of 50,000 USDT
During the event, the 50,000 USDT prize pool will be shared by the top 300 users, ranked by Traders’ Yield according to the following rules:
| Rank | Rewards（Cash + Futures Bonus） |
| 1 | 2,500 USDT Cash + 2,500 USDT Bonus |
| 2 | 1,500 USDT Cash + 2,000 USDT Bonus |
| 3 | 1,000 USDT Cash + 2,000 USDT Bonus |
| 4 | 500 USDT Cash + 1,500 USDT Bonus |
| 5 | 200 USDT Cash + 1,300 USDT Bonus |
| 6-10 | 500 USDT Bonus |
| 11-30 | 250 USDT Bonus |
| 31-50 | 200 USDT Bonus |
| 51-100 | 150 USDT Bonus |
| 101-150 | 100 USDT Bonus |
| 151-300 | Share 11,000 USDT Bonus in proportion to their Yield |
Event Highlights:
- Secure the 1st position, and will be granted as CoinW Trader
- Top 5 Rewardwinners consists substantial USDT(withdrawable) and futures bonuses.
How it Is Calculated:
1. The leaderboard based on the highest Yield, are updated manually every week.
2. Futures trading volume: trading price * number of contracts * face value
3. Income=Realized gains and losses
4. Yield= return amount/(initial funds at the time of activity registration+net transfer during the event period), calculated as 0 if net transfer<0, yield=0
5. Capital fees, handling fees, profits and losses from try-out bonuses, profits from copy trading, and commission returns are not included in the scope of this calculation of income. The income only includes the real order of futures trading.
6. Income comes solely from real futures trading orders. Exclusions: capital fees, handling fees, try-out bonus outcomes, copy trading profits, and commission returns.
7. Realized revenue of a single order: Short position profit and loss=number of contracts * face value * (opening price - closing price); Long position profit and loss=number of contracts * face value * (closing price - opening price);
Terms and Conditions：
1. Users should participate through the invitation links shared by Riky.
2. During the event, each participant's minimum deposit amount must exceed 300 USDT.
3. Trading volume is calculated as follows: margin (the amount of money you invest, not to be confused with “margin” as in stocks) * leveraged ratio. For example, if you open a position with 100 USDT and use 50x leverage, your trading volume will be 100 * 50 = 5,000 USDT.
4. The futures trading volume and Yield is calculated after participants’ registration via the designated link.
5. All rewards will be credited to the winners' CoinW accounts within 14 working days after the event concludes.
6. Participants ranked 151-300 will receive a maximum reward of no more than 100 USDT.
7. The futures trading Yield in the prize pool for effective participants only includes futures traders invited via Riky's referral link.
8. CoinW reserves the final interpretation of this event and the right to adjust the tasks and rewards according to market conditions at any time.