WikiBit Demo Trading World Cup Event

WikiBit will hold a Demo Trading World Cup with a total of $100,000 worth of rewards which contain $48,000 cash rewards, 95000 WikiGold and other serves. It starts at 2023-02-02 0:00 AM and ends at 2023-03-31 11:59 PM (UTC):

The Demo Trading World Cup contains two phases:

Phase 1: We will design a Demo Trading Competition during this time, trying to help users to hone their trading skills with unlimited trials. Register on WikiBit App and place at least one order to receive the qualification for the World Cup event and win WikiGold - A total of 10000 WikiGold to giveaway to assist you to gain strategic advantages for phase 2.

Schedule for Phase 1:

Registration Period: Feb. 2nd- 20th

Competition Period: Feb. 2nd - 23rd

Phase 2: Officially Join the Demo Trading World Cup and share a prize pool of $48,000 and WikiGold!

Schedule for Phase 2:

World Cup Period: Mar. 1st - Mar. 31st

Winner Announcement: Apr. 1st

Award Date: Apr. 17th - Apr. 21st

Event Reward:

The reward for Phase 1:

1. The reward for Registration:

Wikipeeps who register and place at least one order can win 10 WikiGolds. Total 1000 Gold to giveaway. first 100 come, first serve!

2. The reward for Top 100 Traders:

Wikipeeps who rank in the top 100 in the Demo Trading Competition can win WikiGolds. Total 9000 Gold for top 100 users! Please check the details below.

• 1st place: 2000 WikiGold 2nd place: 1000 WikiGold

• 3rd place: 500 WikiGold 4th place: 300 WikiGold

• 5th place: 200 WikiGold

• 6th to 10th: each receives 100 WikiGold

• 11th to 100th: each receives 50 WikiGold

3. The reward for Post:

Wikipeeps who share trading experiences in WikiBit Community can win 20 WikiGolds. Total 2000 Gold to giveaway. That is, 100 good posts with high likes will be counted.

The reward for Phase 2 :

Wikipeeps who rank in the top 100 in the Demo Trading World Cup can win Dollars and WikiGolds

• 1st place: 30000 Dollars + Medal of Honor 2nd place: 10000 Dollars + Medal of Honor

• 3rd place: 5000 Dollars + Medal of Honor 4th place: 2000 Dollars + Medal of Honor

• 5th place: 1000 Dollars + Medal of Honor

• 6th to 100th: 1000 WikiGolds

Event Registration:

Step 1: Download WikiBit App and Join our Discord:https://discord.com/invite/uyqwwg3B87

Step 2: Open App and click Demo Trading Competition on the homepage, and select a sponsor to participate in.

Step 3: Place Sell/Buy orders

Rules and Details For Phase1&2:

The ranking order is according to the profit rate of each trading account.

Calculated indicators Calculation method

Profitability Yield = (Final net value - Initial principle)/Initial principle

The account must trade at least 20 standard lots (In rookie mode, the accumulated margin must be greater than 50% of the initial principal)

Create or close 1 position per day for at least 3 trading days in the account in Phase 1.

Create or close 1 position per day for at least 5 trading days in the account in Phase 2.

Terms & Conditions:

• All account types of sponsored brokers are free to register.

• Trading variety: unlimited.

• Account requirements: unlimited (you can reset the account to continue the competition after the account is liquidated).

• If the number of trading days in the account is less than 3 (opening or closing positions), you are not qualified to participate in the final ranking in Phase 1.

• If the number of trading days in the account is less than 5 (opening or closing positions), you are not qualified to participate in the final ranking in Phase 2.

• The maximum principal return rate of the winner must be greater than or equal to 5%.

• Ranking order is according to the profit rate of the principle of trading account.

• On the last day of the contest, participants can keep their positions, but the rights and interests of the day are calculated based on the closing price, and the ranking is based on the calculated results. If there is a position, the results shall also be calculated according to the closing price.

• If the committee determines that a participant has committed cheating behavior, his/her qualification will be canceled.

Q&A

What does WikiGold use for？

• It can be purchased by depositing and can be used for payment, or subscription on the site right now.

• Enough WikiGold can redeem a premium account, which has more chance of winning the $30000 first prize of the World Cup in March!!!

• It is considered proof of Users' rights. Eg: a way to receive qualifications for WikiBit Premium Airdrops and Giveaways.

• More applications for WikiGold will be coming soon since WikiBit is about to all for Web.3! WikiGold will be fully applied in the coming users-growth system and Tokenomics combined with detailed action contributions. (The specific rules will be subject to the announcement in the future)

The more Gold you get, the more potential treasures you could dig!

How to Claim WikiGold:

1. We will update the top 100 rankings every day on our Official Discord.

2. WikiBit will directly deliver WikiGold to your account. Please check “My GOLD” on your profile page.

Claim Reward Date: March.1st -- March 3rd

How to Claim Reward for World Cup:

We will directly deliver the rewards via the WikiBit App wallet ForexPay.

For more questions, please join our official Discord: https://discord.com/invite/uyqwwg3B87

Risk Warning:

WikiBit reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.