Unveiling the Zerone 100x Contracts Trading Contest: A Deep Dive into the 1,000,000 USDT Opportunity

Feranmi
3 min readDec 27, 2023

--

In the rapidly evolving landscape of cryptocurrency trading, the Zerone 100x Contracts Trading Contest emerges as a beacon of excitement and opportunity, inviting participants to explore the world of leveraged trading with the potential to win a share of 1,000,000 USDT. This comprehensive guide will walk you through the intricate details of the contest, including registration procedures, event dynamics, and the enticing rewards that await.

Registration Details: Embarking on this thrilling journey requires participants to mark their calendars for the registration window, which spans from December 24, 2023, to January 29, 2024 (UTC + 8). To gain entry into the contest, traders are required to pay a registration fee of 90 USDT, or any multiple thereof (180 USDT, 270 USDT, 360 USDT, and so forth). It’s essential to note that registration is conducted through the Contract INS DAPP at https://contractsins.com/ (Please be aware that this is not the ZERONE DEX DAPP).

Event Overview: The heart of the contest lies in the exhilarating opportunity it presents for participants to engage in 100 times leveraged BTC/USDT or ETH/USDT contract trading pairs. Throughout the month-long event, traders stand a chance to earn a 39% reward for each profitable trade. The distribution of profits and rewards occurs linearly over a span of 10 days, with a nominal 0.4‰ contract fee deducted from the total.

Rules of Engagement:

  1. Profit Awards: The cornerstone of the contest revolves around the profit awards. Participants actively trading in the specified contract pairs receive a handsome 39% reward for each profitable trade. The uniqueness lies in the gradual release of profits and rewards over 10 days, coupled with a minor 0.4‰ contract fee deduction.
  2. Top 10 Winners: A competitive edge is introduced as the top 10 winners with a winning rate surpassing 60% are entitled to the return of their registration insurance premium. This refund is processed upon the completion of the contest, adding an extra layer of excitement for high-performing traders.
  3. Strict Opening Conditions: To maintain fairness and integrity, the platform has implemented stringent opening conditions. These include:
  • Contracts limited to 100 times leverage, emphasizing the need for a cautious yet dynamic approach.
  • Opening principal restricted to multiples of 90 USDT, establishing a standardized entry point for participants.
  • Limitation to BTC/USDT or ETH/USDT contracts, focusing the trading spectrum on these specific pairs.
  • Prohibition on the withdrawal or manual closure of orders once executed, with the system enforcing a 120% stop profit and -100% stop loss.
  • Imposition of a cap on the principal for each position order, ensuring it does not exceed the registration insurance premium. Participants seeking additional positions must either repurchase insurance or close existing positions before opening new orders.

Example Scenario: To provide clarity on the potential gains, let’s delve into an illustrative scenario. Imagine Participant A, who purchases insurance for 90 USDT. Upon achieving a 120% profit on the first order, earning 108 USDT, and an additional reward of 108 * 39% = 42.12 USDT, the total profit stands at 150.12 USDT. Deducting the 3.6 USDT commission fee, the participant’s actual gain amounts to 146.52 USDT. This sum is then systematically released over 10 days, resulting in a daily release of 14.652 USDT.

The #Zerone 100x Contracts Trading Contest emerges as a captivating opportunity for traders to showcase their skills, earn substantial rewards, and immerse themselves in the dynamic realm of leveraged contract trading. With meticulous rules in place and a generous prize pool, participants are encouraged to thoroughly absorb the guidelines and embark on this thrilling journey. Seize the chance to make a mark in the cryptocurrency trading arena by registering now, and may the most adept traders emerge victorious!

📣Zerone Official Social Media Links!

English Twitter: @ZeroneDex
Chinese Twitter: @ZeroneDex_cn
Official Telegram: @ZeroneDex
Discord: discord.gg/EKJjy2djDG

Visit our website: zeronedex.com

--

--

Feranmi
Feranmi

Written by Feranmi

Crypto || Defi || Content Creator

No responses yet