OKX Trading Competition: Rules, Eligibility, and Prizes

Competition Schedule

• Registration Period: June 18, 2024 (00:01 GMT+3) – July 16, 2024 (23:59 GMT+3)
• Competition Period: June 20, 2024 (00:01 GMT+3) – July 20, 2024 (23:59 GMT+3)

Eligibility Requirements

To participate in the OKX Trading Competition, users must meet the following criteria:

1. Registration:

   • Click the "Join Now" button on the event landing page.
   • Ensure the button status changes to "Enrolled" for valid participation.

2. Affiliate Invitation:

   • Exclusive to Haluk Tatar affiliate invitees with completed global identity verification.
   • Users must register via an affiliate link or enter an invitation code during registration.

3. KYC Verification:

   • Participants must complete Know Your Customer (KYC) verification to claim rewards.

4. Account Restrictions:

   • Only main accounts are eligible; sub-accounts cannot participate.
   • Sub-account earnings are excluded from main account calculations.

👉 Learn more about OKX trading competitions

Asset and Trading Volume Criteria

Asset Qualification

• Maintain a minimum balance of 200 USDT in your main trading account at any point during the competition.
• The timeframe from meeting this requirement until the competition end is termed the P&L Period.

Trading Volume Requirement

• Achieve a USDT Perpetual contract trading volume ≥ 15,000 USDT during the competition.
• This volume determines individual and team P&L rankings.
• Participants failing to meet these criteria will be removed from leaderboards post-competition.

Additional Notes

• Minimum of 30 qualified participants required; otherwise, the event is canceled.
• Leaderboard data updates with a delay—refresh the page for current stats.

Eligible Contracts

• USDT Perpetual Contracts Only:

  • Excludes USDC contracts or trades using platform rewards (e.g., rebate cards, vouchers).
  • Volume calculations based on user-owned funds only.

P&L Calculation Formula

Key Metrics

• P&L% = (P&L / (Initial Equity + Total Deposits)) × 100%
• P&L = (Unrealized P&L + Realized P&L) – Initial Unrealized P&L

Definitions

• Initial Equity: USDT balance in the main account during the first 5 minutes of the P&L Period.

• Total Deposits: Sum of:

  1. USDT transferred from non-trading OKX accounts.
  2. USDT from spot trades during the P&L Period.
  3. USDT obtained via contract vouchers.
• Initial Unrealized P&L: Value of open USDT perpetual positions at the P&L Period start.

👉 Master P&L calculations for trading success

FAQs

1. Can I use a sub-account to participate?

No, only main accounts qualify. Sub-account trades are excluded.

2. What happens if I don’t meet the 200 USDT requirement?

You’ll be disqualified from leaderboard rankings.

3. Are OKX rewards eligible for trading volume?

No, trades using rebate cards or vouchers don’t count toward the 15,000 USDT volume.

4. How often is the leaderboard updated?

Data refreshes periodically—allow delays and reload the page.

5. Is KYC mandatory?

Yes, KYC verification is required to claim rewards.

6. What’s the minimum participant threshold?

At least 30 qualified users must enroll; otherwise, the competition is canceled.