Welcoming you to the fourth installment of this renowned trading contest – Phemex Trader’s Arena This time around, we've spiced things up with new perks and additional bonuses, unlike anything seen in the past.
Calling all crypto enthusiasts! Team up and dive into a competition with a whopping prize pot of up to $750,000 waiting for you! Don't let this opportunity slip away to pair up and showcase your trading prowess. !
Among the new features in PT Arena 4 are extra winnings for deposits made during the sign-up phase, and all trading pairs are game!
The return you achieve could be the deciding factor for your team's overall ROI.
In a twist from past tournaments, where only the inverse BTCUSD contract every contract on Phemex is now eligible for this round, making things more exhilarating.
Traders will have their ROI evaluated separately for their USD and BTC accounts; whichever achieves the higher ROI will be the one added to their team's average performance.
Not only can traders vie for a slice of the individual prize pie, but they can also enhance their standing by combining performances across different accounts. Profit and Loss (PnL) This event opens up pathways both for team glory and individual accolades, with unchanged core prizes accompanied by a fresh chance to earn extra by making deposits during the registration window.
This could be your moment to spark a trading revolution and connect with other shrewd traders!
Phemex Trader’s Arena 4 Dates:
Here are the key dates: get your captain and team ready starting November 25, 2021, with the main action rolling from December 9th until the 24th at 8 AM UTC.
The curtain falls on December 24th, 2021, heralding the big announcement of award distribution.
The total prize pot expands with the influx of competitors joining PT Arena’s 4th chapter. More participants, the bigger the prize pool !
Swiftly assemble your squad and prepare for the challenge! The handsome reward of $750,000 in BTC awaits you.
Rewards are lined up even for team captains, with prizes scaling based on the squad size they lead.
Look forward to trading bonuses as well in this fourth session of the PT Arena for those making deposits during the sign-up phase.
Format details for the 4th Phemex Trading Arena
Skilled and daring traders can magnetize others to form powerful teams. Captains and participants are just a click away from joining the 4th PTA competition here . Solitary participants can pick any ensemble they wish.
At least ten folks need to sign up for your team to stay afloat. Otherwise, members get reshuffled to other teams if the threshold isn’t met by the deadline.
Teams are pitted against one another, with standings derived from the average performance (ROI) of the top ten players in each team. Even individual players have a shot at glory in their own category.
As covered earlier, teams are ranked by the top ten members' ROI, whereas individual gains come from the PnL metric.
Please visit our Check out the competition page for in-depth insight into the award calculation methods. .
Prize Breakdown for the 4th Phemex Trade Arena
The final reward haul, based on the participant count, splits into Team and Individual Awards.
TEAM AWARDS Breakdown:
The lion's share of 78% goes to Team Awards, with kudos heading to the top ten squads:
- 1st Place Team: 25% of total prize pool.
- 2nd Place Team: 15% of total prize pool.
- 3rd Place Team: 8% of total prize pool.
- Teams ranking between 4th and 10th bag an equal division of 30% of the riches.
More fine print on Team Awards for the 4th Edition:
Team Captains snag 40% of their squad’s bounty.
Leading 30% goes to the top ten individual traders, while the remainder is equally spread among other team members.
Teams with less than 20 get a 40% cut for the Captain while dividing the remaining 60% equally, excluding accounts transacting less than $500 during the event.
INDIVIDUAL AWARDS Breakdown:
A 22% carve-out of the bounty is destined for Individual Awards, structured as follows:
- Champion Trader: takes home 8% of the total spoils
- Runner-Up: enjoys 5% of the overall loot
- Third Place Trader: snags 2% of the entire pot
- Competitors in spots 4-10 share 7% equally among themselves.
Individual Awards guidelines for the PTA 4th Edition:
Solo players entering must ensure their email links to an authorized Phemex UID.
BTC and USD trading thresholds are set at 0.005 and 200 respectively for baseline value adjustments.
Finally, allocate earned bonuses and winnings post-completion. Don't let this slip away!
