Training to participate in the $1 million Cocoin tournament

Kucoin exchange is holding a trade tournament on the occasion of reaching 20 million users. In this tournament, a prize of 1 million dollars will be distributed among the winners.

Also, people who activate their futures account on KoCoin will randomly receive a few dollars of trading capital or a fee discount coupon.

In this article, we explain the conditions of the tournament and teach how to participate in it.

General conditions of the tournament

This tournament starts on July 18 (July 27) and is dedicated to trading in the Futures section of Kocoin.

To participate in this tournament, traders must first activate their futures account, join a team (or create a team), and then make at least one futures trade after registering on the Kocoin exchange.

to the top teams at the end of the tournament (July 31) The largest transaction volume have, the prize will be awarded as follows:

How to register in Kocoin and activate the futures account

Before participating in the contest, you must have an account on the Kocoin exchange and then activate your futures account.

Follow the instructions below to create a user account in Kocoin exchange:

1. come in This link to open the Kokoin registration page.

On the Kokoin registration page, select Register with email and then fill in the registration form with your chosen email and password.

2. Now your account is created in Kocoin.

3. To activate the futures account, just enter “Futures Classic” from the “Derivatives” section.

4. By clicking on “Enable Futures” on the page that opens, the futures account will be activated.

Training to participate in the Kokoin tournament

To participate in the Kocoin Trade Tournament, follow the steps below:

1. To This link Visit and click the Join button.

2. Now you have to choose a team to join. You can create your own team or join other teams. If you don’t have any members to introduce, you can join other teams to increase your chances of winning.

Nthe cat: If you join teams with many members, the chances of winning will increase and on the other hand, according to the high number of members, the prize share will decrease.

You can also click on the “Create” button to create a dedicated team. To build a team, a trader must have more than $200 in balance in his Bitcoin Futures account.

4. Now it is enough to make a futures trade (of any volume) in Kocoin to have a chance to win. The higher the volume of your trades, the higher your prize will be if your team wins.

5. You can follow the status of the team from this link.

Remember that trading in financial markets is associated with risk, and this risk increases in the futures market.

Tournament rules

• Your total transaction volume During the event (from July 18th to July 31st) it is calculated based on Tether (USDT). It usually takes 30 minutes to update the transaction volume. The winners status page is updated every 5 minutes.
• How to calculate one’s transaction volume: capital principle * leverage. For example, if you open and close a position with a capital of $50 and a leverage of $10, you can reach a trade volume of $1,000.
• Prize law: 20% of the team award is given to the team leader and the remaining 80% of the award is divided among the team members. Obviously, the distribution of prizes is not equal and everyone is awarded according to the amount they have traded.
• Each person’s prize = total prize * (individual transaction volume / total team transaction volume)
• If the individual award Less than $1 will not be paid.
• After the end of the event (July 31), the awards 14 working days is distributed
• If during the activation of your futures account Airdrop It can be used to trade in futures.
• can be from Deduction coupons Used to reduce transaction fees.
• Fraudulent accounts that try to compete with new accounts for more rewards will not be awarded.

Special conditions for team leaders

During this event, people who have members to refer and build their team in the tournament will have the benefit of unlimited commissions and can win up to $13,000 in prizes.

To use these terms, follow the steps below:

1. As someone who wants to build his team in the tournament, This form complete the

2. through This linkCreate your team by clicking the “Create” button And invite people to your team.

• Team member benefits: $500 coupon discount on futures transaction fees and $10 account charge for futures transactions if they deposit $10 or more to the Futures Cocoin account.
• Financial assistance to teams: Kocoin pays $100,000 to support teams. To benefit from this help, the team leader must participate in creating video tutorials, creating blog posts and answering questions. For more information with this Telegram account be in contact.

3. Lead your team to become the top tier by increasing your trading volume. The leader of the team will receive 20% of the prize for the top teams.

During the event, the 10 admins who invited the most users will be paid twice the bonus.

The amount of the team supervisors bonus (not including the double bonus) is listed in the following table:

Terms and rules:

1. Rewards are not paid to fake and duplicate accounts.

2. Each team can use the possibility of doubling the prize only once.

3. Commissions are paid every Wednesday.

4. $10 rewards for team members will be paid within 14 working days.

5. $10 rewards can be used to trade in futures. Profits received from transactions can be withdrawn or transferred.

6. Each fee discount coupon can be used to deduct 15% of the fee in transactions, and each coupon has a deadline of 15 days.