How to Start
To join Trading Simulator, please follow the instructions below:
1. Click 'Simulator' from the dashboard
2. Now, click 'Join Trading Simulator'
3. Finished! You can now start simulating trading
Note: Trading Simulator does not require KYC verification; however, participants must verify their identities to be eligible for NFT rewards
Rules & Rank Tier
RULES AND REGULATIONS:
Each trading simulator tournament season lasts for about 2-3 months but participants are free to join any time. However, be sure to participate before specific dates for higher chances to qualify for rewards.
- You are granted an initial credit of 10,000 USDS where you are able to buy/long and sell/short any coins available in the market. The amount will be deducted from your remaining credit. You will be awarded a rank within 24 hours after you have made 1 successful trade
- Rank Tier Requirements:
Grand Master: Top 1% of challengers (Minimum %PNL: 30%)
Master: Top 10% of challengers (Minimum %PNL: 20%)
Diamond: Top 25% of challengers (Minimum %PNL: 10%)
Gold: Top 50% of challengers (Minimum %PNL: 0%)
Silver: Top 75% of challengers (No minimum %PNL required)
Bronze: Starter rank
- What is %PNL?
%PNL, or Percentage Profit and Loss, is a measure that tells you how much you've gained or lost as a percentage of your initial investment. For example, if your %PNL is +10%, it means you've made a profit equal to 10% of your initial investment. If your %PNL is -5%, it means you've incurred a loss of 5% of your initial investment
Leaderboard
To check the leaderboard, click 'Simulator', then select 'Leaderboard'. You'll find the tournament ranking there