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Understanding Contests Interface
PrimeXBT platform interface consists of 5 main sections:
Hub - participate in Contests, manage your Rewards and Promo codes sections, track your Referral network and partner in the Affiliate program, learn about the Academy, review the Market research blog and connect with the Community; Main - make deposits, withdrawals, keep track of your account’s activity and statistics. Quick access to Global Markets (margin) and Crypto Futures trading accounts, Covesting sections and Contests; Trade - access Global Markets (Margin trading) and Crypto Futures trading platforms, manage your accounts, monitor the market, place trades and control your orders and positions; Buy Crypto - purchase cryptocurrencies using a Bank Card / SEPA transfers / Gift cards / Alternative Cryptocurrencies via third-party exchange services; Copy-trading - Covesting Strategy management and Followings;
Let's take a separate look at the Contests module.
Contests allow participants to test their trading skills and compete with other participants to win prizes. All contest participants are provided with virtual funds creating a risk-free environment.
Participants compete against each other by trading global markets such as Crypto, Commodities, Forex, and can monitor their progress on the leaderboards.
The higher your returns — the higher your ranking will be!
The Contests interface consists of 3 sub-sections:
1️⃣ Choose a contest that you wish to join and click 'Join' (to view contest details and conditions, click 'View'):
If the ‘Join’ button is greyed out and the Contest has a ‘Full’ label, it means the maximum allowed number of participants have already joined it.
Here you will need to choose your Nickname for this contest. Your nickname will be used to show your current position in the leaderboards. Once you've chosen your nickname and reviewed the rules and conditions, click the 'Join' button:
3️⃣ To start trading in a contest that you have joined, click the 'Start' button (or 'Trade' button if you have already accessed that contest account previously):
If the 'Start' button for a contest is greyed out and unclickable (see screenshot above) - this indicates that the contest has not started yet. Click on the contest to check the time remaining until the contest begins.
It is important to keep in mind that a contest can only be joined once. After joining a contest it is not possible to leave and rejoin the contest or reset contest trading account balance.
Clicking on a contest in the list will open the Contest statistics page. Here you will find your personal contest stats as well as overall statistics of the contest:
- My Contest stats – contest conditions, such as awards, timeframes, qualification requirements, leaderboard rankings, as well as a 'Trade' button which can be used to access the trading account for this contest
Each contest will be tied to a separate trading account and balance.
- Profit – profit chart which reflects your 24h as well as all time profit in the contest
- Awards – placement and prize distribution details