A grid-tastic competition is about to unfold, challenging you to activate the ApeX Grid Bot and start trading for a chance to claim a share of the 10,000 USDT prize pool!
Welcome to ApeX Grid Bot Showdown beginning on March 22, 2024, at 10AM UTC with the launch of the ApeX Grid Bot. Get ready to chart your course to the top as we invite you to embark on a journey of trading mastery with our challenge.
A Recap: ApeX Grid Bot
In case you need a quick reminder, ApeX Grid Bot is a powerful tool for automated grid trading now available for any and all USDT and USDC perpetual contracts on ApeX Pro. For more information on how to set up your first bot on ApeX review our step-by-step guidebook on Gitbook.
To celebrate the launch of our first ever bot on ApeX, we're bringing you the chance to double down on your profits: enjoy negative 0.002% fees on each trade and grab your share of the 10,000 USDT prize pool. Sounds like a win-win, right? ApeX Grid Bot Showdown is jam-packed with 3 unique stages, so rise to the top to secure your share of the prize pool.
Let's dive into how this works.
Trade Your Way to the Top
The rules are simple: to join the challenge, simply activate your ApeX Grid Bot and start trading. Sharpen your trading skills and join the fight for your share of a 10,000 USDT prize pool!
The ApeX Grid Bot Showdown kicks off on March 22, 2024, at 10AM UTC and goes on until April 12, 2024, at 10AM UTC giving you just 3 weeks to show off your skills.
To truly dominate the challenge, there are three key stages of the contest, each with its own prize pool that you can join and earn from: Early Bird Pool, High Volume Pool, and Top P&L% Pool.
Early Bird Pool
As the saying goes, the early bird catches the bonus(?)! So, don't wait too long, be among the first ApeXers to activate your ApeX Grid Bot and claim a 10 USDT bonus!
This first-come, first-served opportunity is available for the first 250 registrants with no trading necessary. With 2,500 USDT to give away, deploy your ApeX Grid Bot early and ride the grid to success!
High Volume Pool
Calling all high-volume traders! The High Volume Pool rewards users who generate the highest trading volume using ApeX Grid Bots. From March 22, 2024, at 10AM UTC to April 5, 2024, at 10AM UTC the top 100 users by trading volume will share a 5,000 USDT prize pool!
This pool is split across 2 weeks, offering rewards worth 2,500 USDT each week.
The upside? If you're a top trader over the course of both weeks, you'll have the opportunity to claim your share of the prize pool 2 times! So make your way to the top to secure your claim on your share of the grand prize.
Keep your bots active and your volume high, to maximize your chances of success!
Top P&L% Pool
Get ready to showcase your trading prowess in the final week of the challenge, where we'll be rewarding our top P&L % performers!
Here's how it works: from April 5, 2024, at 10AM UTC to April 12, 2024, at 10AM UTC the spotlight shifts to profitability. The top 100 users who achieve the highest P&L% using ApeX Grid Bot will each be rewarded with a 25 USDT bonus!
Every trade using your ApeX Grid Bot brings you closer to securing a share of the prize pool. Sharpen your strategies and focus on maximizing your profits!
Keeping Track of your Success
Keeping track of your progress in ApeX Grid Bot Showdown is a breeze! Refer to our Leaderboard on Apex Discord and join the channel 🦾║grid-bot for regular updates. This way, you'll always be in the loop with where you stand among your fellow competitors.
Don't forget, every successful trade with your ApeX Grid Bot brings you closer to the top of the leaderboard and closer to claiming your share of the prize pool. So climb the ladder to success and keep your eyes on the prize!
About Rewards
Here's the exciting part: You won't have to wait too long to receive your rewards! Prize pool allocation for each challenge will be determined and distributed within 5 working days after each week ends, that you can collect on the ApeX Rewards Center page.
Timeline
Here's a detailed timeline of the ApeX Grid Bot Showdown:
Buckle up challengers, it's going to be an exhilarating ride! 😉 Happy trading and may ApeX Grid be in your favour!
Terms and Conditions:
The ApeX Grid Bot Showdown is a trading competition hosted on ApeX Protocol, and will take place between March 22, 2024, at 10AM UTC and April 12, 2024, at 10AM UTC.
To participate, users must simply deploy ApeX Grid Bot on any USDT and USDC perpetual contracts, available on ApeX Pro. There is no registration required for the campaign.
All participants trading with ApeX Grid Bot are eligible for negative 0.002% maker fees on each trade.
The total prize pool for the campaign is 10,000 USDT, which will be distributed across three different challenges: Early Bird Pool, High Volume Pool, and Top P&L% Pool.
The Early Bird Pool awards a 10 USDT bonus to each of the first 250 users who deploy ApeX Grid Bot. A total of 2,500 USDT is allocated for this stage. The Early Bird Pool will close once 250 users have activated their ApeX Grid Bot.
The High Volume Pool is open to the top 100 users by trading volume using ApeX Grid Bot between March 22, 2024, at 10AM UTC and April 5, 2024, at 10AM UTC. Participants will share a 5,000 USDT prize pool, split across two weeks, with 2,500 USDT available each week. Participants may win a share of the prize pool in both weeks.
The Top P&L % Pool is open to the top 100 users with the highest P&L% using ApeX Grid Bot from April 5, 2024, at 10AM UTC to April 12, 2024, at 10AM UTC. Each user will receive a 25 USDT bonus.
The participants' rankings can be monitored via the leaderboard, regularly updated on the ApeX Discord server on the channel 🦾║grid-bot. Winners will be announced on this channel as well.
Rewards will be distributed within 5 working days after the conclusion of each challenge. Participants can claim their rewards at the ApeX Rewards Center.
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.
The ApeX team reserves the right to modify these terms and conditions at its discretion. ApeX holds the final interpretation rights for this event. For inquiries, contact us via the ApeX Pro Discord server on channel, 🦾║grid-bot.
Market makers are excluded from this event.
Participation in botting, cheating, or submitting duplicate entries will result in disqualification. Multiple accounts originating from the same IP address or device are prohibited from participating in the campaign.