- By participating in the “BTC, ETH Extreme Trading Competition” event, participants acknowledge and agree to comply with the following terms and conditions.
- Flipster reserves the right to amend these terms and conditions as well as to vary or discontinue the “BTC, ETH Extreme Trading Competition” without prior notice, such changes are applicable to both new and existing participants.
Tasks
- To be eligible for the “BTC, ETH Extreme Trading Competition” participants must apply BTCUSDT.PERP or ETHUSDT.PERP trades with leverage applied greater or equal to 20X during the promotion period.
- Only the aforementioned leveraged trades will count towards cumulative event P&L
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The top 50 participants by P&L on 7 August 2023 at 23:59 UTC will receive:
- #1 participant by P&L - 3000 USDT
- #2 participant by P&L - 2000 USDT
- #3 participant by P&L - 1500 USDT
- #4 participant by P&L - 1100 Flipster Bonus
- #5 participant by P&L - 900 Flipster Bonus
- #6 - #10 participant by P&L - 500 Flipster Bonus
- #11 - #20 participant by P&L - 300 Flipster Bonus
- #21 - #50 participant by P&L - 200 Flipster Bonus
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Cumulative top 50 participants will be announced on the Promotions Rankings page for the following timestamps
- 00:00 UTC
- 08:00 UTC
- 16:00 UTC
Timeline
- Promotion period for the “BTC, ETH Extreme Trading Competition” begins on 1 August 2023 at 00:00 UTC and ends on 7 August 2023 at 23:59 UTC.
Eligibility
- Participants who are found to be involved in fraudulent activities such as wash trading, market manipulation, operation of multiple accounts, and self-dealing will be disqualified.
- Flipster reserves the right of final acceptance of participants.
Bonus
- Participants eligible for the “BTC, ETH Extreme Trading Competition” rewards will receive rewards directly into their Flipster accounts daily by 8 August 2023 at 2359 UTC.
- The “BTC, ETH Extreme Trading Competition” Bonus cannot be bartered, redeemed in or exchanged for cash.
- The “BTC, ETH Extreme Trading Competition” Bonus awarded in Flipster Bonus can be used as initial margin for trading. Please note that Flipster Bonus cannot be used to directly offset trading losses, as payment for funding fees, converted to other currencies or withdrawn from the Flipster wallet.
- The “BTC, ETH Extreme Trading Competition” Bonus awarded in Flipster Bonus has an expiry date of 3 days from the moment that it is credited. Please note however that the expiry date refreshes if you enter into a position or if there is a change in the balance of your Bonus.
- Flipster reserves the right to remove the “BTC, ETH Extreme Trading Competition” rewards awarded in Flipster Bonus from the Flipster wallet at our sole discretion and without prior notice.
Liability
- Flipster or its agents or employees shall not be held liable for any damages or losses arising from event participation. Participants hereby acknowledge and agree not to pursue claims against any damages, loss or expense (including but not limited to participant’s information. software, computer, telephone, or any other electronic or telecommunication devices).
- In case of disputes, the decision of Flipster shall be final and conclusively binding.
- Flipster reserves the right of final interpretation of the event rules including, but not limited to, the above mentioned information regarding trading, funds, and any other risks.
- Should there be any inconsistency between the English and other language versions of these terms and conditions, the English version shall prevail.