1.1 The “Trading League” competition is open to all users using 4trades.io on any from connected to our software Discord servers. Joining the competition is free of charge.
1.2 The first Trading League will begin on February 1st 2024 at 12:00 UTC and will end on February 10th 2024 at 12:00 UTC. Subsequent trading leagues will continue in 10 day intervals, beginning February 10th at 12:00 UTC.
1.3 To take part in 4trades.io Trading League, just join any of the connected to 4trades.io Bot Discord servers, bind your account on 4trades.io platform and start trading with paper trading software on Discord.
1.4 The closed trades at 12:00 UTC on the last day of the league will finish the ranking.
1.5 After a few minutes when trade is closed, the result will be filled automatically.
1.6 Trade carefully - there is no possibility of editing or removing the closed trades in your profile - we are transparent with our users.
1.7 Before starting your trades, ensure that you have your Discord profiles binded with 4trades.io profile on the website platform.
2.1 The prize pool is $5,000.
2.2 Prizes are awarded to the 10 Traders with the highest profit during the league.
Extra prizes:
2.3 In case two or more Traders share the same ranking position, the sum of their prizes will be divided equally between them.
If two Traders share 3rd place, the sum of prizes for 3rd place ($500) and 4th place ($100) will be combined ($500 + $100 = $600) and shared equally between them ($600 / 2 = $300).
2.4 The best Trader of the cycle also receives an additional "League winner" badge to their Discord profile at Official 4trades.io Discord Server.
2.5 The prizes are paid directly to the user's 4trades.io wallet balance after prior verification of their data within 21 days from the publication of the results. Subscription codes will be send to the e-mail address connected to users profiles.
2.6 It is not possible to send the prize to a different wallet.
2.7 You must have your unique 4trades.io profile created and binded with your Discord profile to successfully receive prizes.
2.8 You can only have one account at 4trades.io platform. If you use several accounts, you will not receive a prize in competitions, and you will be disqualified for a lifetime.
2.9 Only one prize per household.
3.1 Trading League is done by joining supported Discord Servers, binding with 4trades.io platform profile and trading using paper trading software on Discord. It’s completely free for anyone to join and win real prizes.
3.2 4trades.io software will fetch your trades data and create public statistics visible for other users to verify each trade you made.
3.3 Please be aware that your trades can win real money, so risk management is very important. More good trades you made - higher the position in Trading League ranking will be applied.
3.4 You can open position in one way direction (Long/Short) - there is no option to open Long and short position on the same specified coin pair. No Hedge mode supported.
Traders can open a Short position on the BTC pair.
Traders cannot add the next trade of the same pair with opposite direction in that case Long on BTC pair.
3.5 A trade once closed cannot be modified or removed.
3.6 Trading fees are applied to each trade you made so all statistics are live data with exchange.
4.1 Users can be disqualified and suspended - for example - because of the following abuses:
4.2 How can you return to the Trading League after being disqualified? Write a message to the Trading League Moderator including reasons why you could have been penalized.
Your request should be considered in one week.
4.3 Users can be returned to the Trading League only once.
4.4 Complaints related to the contest should be sent via direct message to the Trading League Moderator.
5.1 These Rules are subject to change. The users shall be notified of such a change.
5.2 Any disputes will be resolved by the administrator.