Dear Hoo users,
In order to thank for our users' long-term supports, Hoo decides to hold a “Double U" Perpetual Contract Tournament. Those who deposit assets to their contract account will get a doubled amount of assets.
We will also select the winner among the traders based on their total profit every week. And all the winners of each week will compete for the final prize - 1 BTC!
Time: 10:30 on April 27, 2020 - 23:59:59 on May 18, 2020 (UTC+8)
Rules:
If you signed up for the Hoo “Double U" Perpetual Contract Tournament and deposited ≥ 100 USDT to your contract account, you will receive another 100 USDT in your account with a maximum fund of 5000 USDT.
We will also select the winner among the traders based on their total profit every week. And all the winners of each week will compete for the final prize - 1 BTC!
Below are the examples of how the funds are allocated:
*Note: We will allocate the fund in group of hundreds. For example, if you deposit 125 USDT, we will allocate another 100 USDT to you; if you deposit 1080 USDT, we will allocate another 1000 USDT to you. The loss rate for liquidation rate is 45% for all contracts.
Schedule:
4.27 - 5.3 Winner of Week 1
5.4 - 5.10 Winner of Week 2
5.11 - 5.15 Winner of Week 3
5.18 Winners Battle for the 1 BTC
Competition Qualification Procedures:
- How to participate: Please sign up via the registration link: http://hoocompetition.mikecrm.com/TaH71uT
- For users who register before 00:00 on April 27, we will distribute the fund on the day between 9:30 and 10:30(UTC+8). For users who register between 9:00 and 18:00 on April 27, we will distribute within 2 hours. For non-9:00 - 18:00 registered users, we will distribute the next day between 9:30 and 10:30(UTC+8);
- Profit calculation: The winner will be selected based on his realized profit & loss (unrealized profit & loss will not be included). Trading days of the tournament are Mondays to Fridays during April 27 to May 15. The trader who made the highest profit before 23:30 on Friday after closing the position will be winner of the week.
- We will announce weekly winner on the next Monday. The winner will have a chance to do an AMA in our Telegram group and share his views on the market trade and analysis.
- Those highest weekly profits winners will battle on May 18 for the final round. 5 analysts will share their own trading strategy to open a transaction, calculating the profit and loss at 23:30 on the same day. Finally, based on the highest profits on the day + users voting for the competition, to produce the last champion winner on May 19.
Attention:
- This competition is for the Hoo "Double U" Perpetual Contracts, the allotment fund is USDT and only supports for trading, profits can be withdrawn after competition ends.
- Please keep your account positions under reasonable control so that your assets are not forced to be closed out by hitting the closing line. Our system will automatically take back the allotment funds if you reach the closing line, and users need to redeposit and apply to get the allotment funds again.( Link: http://hoocompetition.mikecrm.com/2BKGt9V )
- You may withdraw from the competition at any time during the campaign by submitting a withdrawal request via the application link: http://hoocompetition.mikecrm.com/9B0cDvR
- Upon withdrawal, our platform will calculate the user's personal account, and take back the allotment funds and enable the user's contract account to be transferred out within 24 hours.
- The activities of all final interpretation of the right to Hoo digital assets trading platform.
Hoo Team
April 25, 2020