Bitpass July Trading Competition

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The Bitpass July Trading Competition is a high-energy, performance-driven event designed for active traders who want to test their skills, boost their returns, and compete for a share of the dynamic prize pool. Whether you're a seasoned futures trader or building your strategy with USDT Perpetual Contracts, this competition offers a structured environment to showcase your expertise. Below, we break down everything you need to know—from eligibility and rules to scoring mechanics and how to maximize your chances of winning.

📅 Competition Timeline

Understanding the key dates is essential for effective preparation and participation.

👉 Join now and secure your spot in one of the most competitive trading challenges of the year.

Note: You must complete registration before the deadline to be eligible. Late entries will not be accepted.

✅ Who Can Participate?

Not all users are eligible—specific criteria must be met to qualify:

💼 Asset & Trading Volume Requirements

To ensure fair and meaningful competition, two core performance thresholds must be met:

1. Asset Qualification

At the start of the competition, your trading account must have a USDT equity of at least 100 USDT. This initial equity determines your eligibility for inclusion in the dynamic total prize pool calculation.

2. Trading Volume Requirement

During the competition period, you must achieve a minimum trading volume of 50,000 USDT in USDT Perpetual Contracts. This volume is critical—it directly impacts:

Failure to meet this threshold results in an invalid score and automatic removal from rankings.

Minimum Participation Threshold

The competition requires at least 10 qualified participants. If fewer than 10 traders meet all criteria by the end date, the event will be canceled, and no prizes awarded.

📈 Eligible Trading Instruments

Only specific financial instruments count toward your performance metrics:

This ensures a level playing field where real trading skill—not promotional advantages—determines success.

🧮 How Your Performance Is Calculated

Your final standing depends on a transparent and standardized Profit & Loss (P&L) percentage formula, designed to reflect true trading performance regardless of account size.

🔢 P&L Percentage Formula

P&L% = P&L / (Initial Equity + Total Deposit Amount) × 100%

Let’s break down each component:

📌 P&L (Profit & Loss)

P&L = Unrealised P&L + Realised P&L – Initial Unrealised P&L

This adjusts for any open positions at the start of the competition, ensuring only gains generated during the event count.

📌 Initial Equity

This is the USDT balance in your main trading account within the first 5 minutes of the competition period. It includes:

Important: Withdrawals or losses during the competition do not reduce this figure—it’s locked in at the beginning.

📌 Total Deposit Amount

This includes all USDT added during the competition through:

Again, withdrawals do not affect this total—it's cumulative.

📌 Initial Unrealised P&L

The value of your open USDT perpetual positions at the very start of the competition. This is subtracted to eliminate pre-existing gains or losses from your final score.

❓ Frequently Asked Questions (FAQ)

Q: Can I join if I didn’t use an affiliate link?
A: No. Only users who registered via an affiliate referral link or entered an affiliate invitation code are eligible.

Q: Do I need to trade every day?
A: There’s no daily requirement, but you must reach 50,000 USDT in total trading volume by the end of the competition to qualify.

Q: Are sub-account trades included?
A: No. Only activity in your main trading account counts toward eligibility, volume, and P&L calculations.

Q: How is the prize pool distributed?
A: While prize distribution details aren’t specified here, top performers based on P&L% typically receive larger shares. Check official updates for breakdowns.

Q: Can I withdraw funds during the competition?
A: Yes—but note that while withdrawals don’t affect Initial Equity or Total Deposits in the formula, reducing your capital may impact your ability to generate volume or maintain positions.

Q: What happens if I close positions after the competition ends?
A: All P&L calculations are based on data captured at the end of the competition period (30 August 2024, 23:59 UTC+0). Late trades won’t count.

🚀 Tips to Maximize Your Performance

  1. Start Early: Register as soon as possible to lock in your Initial Equity and begin accumulating volume.
  2. Focus on USDT Perps: Stick strictly to eligible contracts—diversifying into non-USDT pairs wastes effort.
  3. Track Your Volume: Monitor your dashboard daily to ensure you're on pace to hit 50K USDT.
  4. Manage Risk: High leverage can amplify gains—but also losses. Maintain discipline to preserve equity.
  5. Avoid Bonus Funds: Since promotional credits don’t count, rely only on real deposits and trading profits.

👉 Start building your strategy today and get ahead of the competition curve.

🔑 Core Keywords

For optimal search visibility and relevance, here are the primary keywords naturally integrated throughout this guide:

These terms align with common search queries from active crypto traders looking for competitive opportunities and transparent rules.

Final Thoughts

The Bitpass July Trading Competition isn't just about profit—it's about proving consistency, strategy, and risk management under pressure. With clear rules, a fair scoring system, and a focus on real trading performance, it rewards skill over speculation.

Whether you're aiming for the top spot or simply testing your edge in live markets, this event offers valuable experience and potential rewards.

👉 Ready to compete? Enroll now and turn your trading skills into results.