Are you ready to supercharge your grid trading skills and take your trades to the next level?
We're introducing ApeX GridTastic P&L (%) Battle! Between September 23, 2024 at 10AM UTC and October 14, 2024 at 10AM UTC, we're offering you the chance to show off your skills and compete in a fiery battle for a share of 20,000 USDT in trading bonuses on ApeX Omni!
The rules are simple — deploy ApeX Grid Bot on Omni and race your way to the top with automated, self-managed trading strategies, all while enjoying negative 0.002% fees on every trade.
So, whether you're a grid trading guru or just starting out, this 3-week battle is your time to shine!
Refresher on ApeX Grid Bot
ApeX Grid Bot is a powerful tool for automated grid trading, available for any and all USDT perpetual contracts on ApeX Omni! Launched with negative maker fees of 0.002%, this powerful automated trading tool empowers traders to execute customizable grid strategies and capitalize on market fluctuations.
For a detailed guide on the launch of ApeX Grid Bot on ApeX Omni, check out our comprehensive blog. Meanwhile, head to this article for more information on deploying long, short, and neutral bots in geometric or arithmetic modes.
Dominate the P&L (%) Arena
Dive into ApeX Grid-Tastic P&L (%) Battle between September 23, 2024 at 10AM UTC to October 14, 2024 at 10AM UTC, for a slice of the 20,000 USDT prize pool.
To qualify for rewards, ensure that your grid trading volume exceeds the 10,000 USDT threshold with a positive P&L (%). So, power up your bots and get started—every trade counts!
Early Birds Get the Bonus!
For those eager to get a head start, we have an exclusive early bird special on offer — the first 50 users to register for the competition will each receive a 5 USDT bonus.
This first-come, first-served offer rewards the first 50 registrants, so act fast to secure your bonus and get a jumpstart on the competition!
P&L(%) Prize Breakdown
Top 15 traders with the highest P&L(%) will be scoring rewards from the pool of up to 20,000 USDT in trading bonuses.
But that's not all! Even if you don't make it into the top 15, there's still a share of rewards waiting for you.
We have supplementary USDT trading bonus pool of up to 1,000 USDT for all remaining traders that record a positive P&L(%) and rack up a trading volume of more than 10,000 USDT with ApeX Grid Bot. The number of users sharing the supplementary prize pool will depend on how many of the traders participating in the campaign meet the criteria.
Campaign Prize Pool & Tiers: The prize pool for this campaign is structured into tiers, with a minimum of 2,000 USDT and a maximum of 20,000 USDT. The final prize pool will depend on the aggregate trading volume recorded during the competition.
As the total trading volume increases, higher tiers of the prize pool will unlock, offering greater rewards to participants. The more you trade, the bigger the prize pool grows!
Stay active to maximize your rewards!
Refer to the table below for the complete breakdown of the rewards:
Whether you're a seasoned pro or an up-and-coming trader, the ApeX Grid-Tastic P&L (%) Battle is your arena to take on the challenge and fight for victory!
What's more, with negative maker fees, you will not only be exempt from paying trading fees but will also receive a 0.002% maker fee rebate on every trade.
Deploy ApeX Grid Bot on Omni, fine-tune your strategies, and make your mark.
May the grids align in your favor and your strategies lead you to victory!
Terms and Conditions
ApeX Grid-Tastic P&L (%) Battle is a trading competition hosted by ApeX Protocol on ApeX Omni that runs from September 23, 2024 at 10AM UTC to October 14, 2024 at 10AM UTC.
In order to participate, traders must register and deploy ApeX Grid Bot during the competition period and engage in automated grid trading on USDT perpetual contracts available on ApeX Omni.
Participants must have a minimum trading volume of 10,000 USDT during the competition period to be eligible for rewards.
Participants must have a positive balance in their account to register. If the total funds in both their Spot and Perpetual accounts are 0 USDT, they will not be eligible to participate in the campaign.
The first 50 participants who register for the competition will receive an Early Bird Bonus of 5 USDT. The total pool for this promotion is limited to 250 USDT and rewards are distributed on a first-come, first-served basis.
The total prize pool for this campaign starts at a minimum of 2,000 USDT and can reach a maximum of 20,000 USDT.
The final prize pool is determined by the aggregate trading volume generated during the competition. As the total volume increases, higher tiers of the prize pool will unlock.
The top 15 traders with the highest P&L (%) will receive fixed USDT bonuses from the main prize pool, as outlined in the table above.
The remaining participants, who exceed 10,000 USDT in trading volume, have a positive P&L(%) at the end of the competition and are not among the top 15 traders, will share the supplementary prize pool.
The total supplementary prize pool for this campaign starts at a minimum of 100 USDT and can reach a maximum of 1,000 USDT. The final supplementary prize pool is determined by the aggregate trading volume generated during the competition. As the total volume increases, higher tiers of the prize pool will unlock.
If the rewards from the supplementary prize pool exceed the bonus awarded to the 15th place winner, participants in the supplementary pool will receive a maximum bonus equal to that of the 15th place winner.
The number of participants sharing the supplementary prize pool will depend on how many qualify (e.g., if 10 users qualify, the pool will be shared among 10; if 50 qualify, it will be shared among 50).
The campaign will be accessible on both ApeX web and mobile apps.
Only Grid Bots deployed after the competition starts on September 23, 2024, at 10AM UTC will count toward your trading volume in the ApeX Grid-Tastic P&L(%) Battle. Grid Bots deployed before the competition will not be included in the recorded volume.
USDT Trading Bonus rewards will be distributed to all eligible participants within 7 working days after the conclusion of the competition.
In the event of a delay due to technical issues, rewards will be redistributed within 30 days following the event's conclusion.
There are no restrictions on the number of participants who can join the competition.
Market makers are excluded from this event.
Participation in botting, cheating, or submitting duplicate entries will result in disqualification. Using multiple accounts will lead to forfeiture of rewards.
The ApeX team reserves the right to modify these terms and conditions at its discretion, and holds the final interpretation rights for this event. For inquiries, contact us via the ApeX Discord server.