OKX is excited to announce a special month-long event dedicated to strategy trading. This initiative is designed to reward both new and experienced users who leverage automated trading tools. With a massive total prize pool of 64,000 USDT, there are numerous opportunities to earn rewards through various competitions and promotional offers.
The event is structured to showcase the power and flexibility of different automated trading strategies available on the platform. Whether you are interested in spot grid, futures grid, or martingale strategies, there is a challenge tailored for you. This guide provides a comprehensive overview of all the activities and how you can participate to maximize your potential earnings.
Key Event Highlights
The Strategy Trading Month is packed with multiple concurrent activities, each offering unique ways to win. The main attractions include:
- Zero Trading Fee Promotion: Enjoy full rebates on trading fees for most strategies.
- New User Loss Protection: Get compensated for initial losses up to 10 USDT.
- Trading Competitions: Compete for a share of a 14,000 USDT prize pool based on profitability rankings.
- Strategy Sharing Rewards: Earn up to 10,000 USDT if your shared strategy becomes popular.
- Weekly Themed Tasks: Complete simple tasks each week to grab a share of a 5,000 USDT bonus.
Detailed Activity Breakdown
Activity 1: Zero Fee Trading Promotion
Duration: January 1 - 20, 2023
During the entire event period, all trading fees generated from using eligible strategy trading bots will be fully rebated to users in the form of rebate cards. This provides a significant cost-saving advantage, allowing you to maximize your trading profits.
Please Note: The Iceberg and Time-Weighted Average Price (TWAP) strategies are excluded from this particular promotion.
Activity 2: New User Loss Protection
Duration: January 1 - 20, 2023
We understand that starting with automated trading can be daunting. To support new users, the first 2,000 eligible participants who create their first strategy trading bot and submit an application form will receive loss protection.
- If your net loss is ≤ 10 USDT at the end of the activity, you will be fully compensated.
- If your net loss is > 10 USDT, you will receive a flat 10 USDT reward.
Eligibility Criteria:
- Eligible strategies: Spot Grid, Infinity Grid, Futures Grid, Spot Martingale, Recurring Buy, Savings.
- The initial investment must be ≥ 100 USDT.
- The strategy must run for more than 24 hours.
Activity 3: Strategy Trading Competition (14,000 USDT Prize Pool)
Duration: January 1 - 20, 2023
This competition is split into two main categories, each with separate rankings for spot and futures strategies. Show off your trading skills and compete for top prizes.
Category 1: Highest Cumulative ROI
Spot Strategies (Spot Grid, Infinity Grid, Spot Martingale, Savings):
- 1st-5th: 300 USDT each
- 6th-10th: 200 USDT each
- 11th-20th: 100 USDT each
Futures Strategies (Futures Grid):
- 1st-5th: 300 USDT each
- 6th-10th: 200 USDT each
- 11th-20th: 100 USDT each
Category 2: Highest Running Strategy ROI
Spot Strategies:
- 1st-5th: 300 USDT each
- 6th-10th: 200 USDT each
- 11th-20th: 100 USDT each
Futures Strategies:
- 1st-5th: 300 USDT each
- 6th-10th: 200 USDT each
- 11th-20th: 100 USDT each
Competition Rules:
- Eligible strategies: Spot Grid, Infinity Grid, Futures Grid, Spot Martingale, Recurring Buy, Savings.
- The strategy must be created during the activity period.
- Initial investment must be ≥ 200 USDT.
- The strategy must run for more than 48 hours.
Activity 4: Strategy Square Sharing Rewards (10,000 USDT Prize Pool)
Duration: January 1 - 20, 2023
If you have a winning strategy, share it on the Strategy Square! The top 10 most-copied bots in each of the three categories will win a share of a 10,000 USDT prize pool.
Categories: Spot Grid, Futures Grid, Spot Martingale.
Rewards per Category:
- 1st: 1,000 USDT
- 2nd: 500 USDT
- 3rd: 400 USDT
- 4th-10th: 200 USDT each
Eligibility for Copiers:
- A copier must invest at least 50 USDT for it to count.
- The copied strategy must run for more than 48 hours.
- The copier must have passed KYC Level 2.
- Only new copies made between January 1-20 are counted.
Weekly Themed Activities
Each week focuses on a different strategy, offering the first 1,000 eligible users a 5 USDT rebate. The structure is the same for each weekly task: create or copy a new strategy of the specified type with an investment of ≥100 USDT, let it run for over 24 hours, and ensure it executes at least 2 trades.
- Week 1 (Jan 1-5): Strategy Square. 👉 Copy a popular strategy to get started
- Week 2 (Jan 6-10): Spot/Infinity Grid.
- Week 3 (Jan 11-15): Futures Grid.
- Week 4 (Jan 16-20): Spot Martingale.
Key Terms and Conditions
- All winners for activities 1-8 will be announced within 14 working days after the event concludes.
- Rewards will be distributed within 30 working days after the event ends.
- All rewards will be locked for 90 days from the date of distribution. They become eligible for withdrawal only after this lock-up period expires.
- The value of rewards, including stablecoins, may fluctuate due to market movements during the lock-up period.
- The platform reserves the right to disqualify any user suspected of abusive behavior, such as bulk account registration or wash trading, and to cancel or amend the event at its discretion.
Frequently Asked Questions
What is strategy trading?
Strategy trading, or automated trading, uses pre-set rules to execute trades automatically. This helps users capitalize on market opportunities 24/7 without constant manual monitoring, using tools like grid trading or martingale strategies.
Who is eligible for the new user loss protection?
The first 2,000 users who create their first-ever eligible trading bot on OKX during the event period, meet the minimum investment requirement (100 USDT), and keep it running for more than 24 hours are eligible for the loss protection scheme.
How are the rankings for the trading competition determined?
Rankings are based on the Return on Investment (ROI) metrics. One category ranks bots by their cumulative ROI over the entire event, while another category ranks them based on the highest ROI achieved during a single running instance.
Can I participate in multiple activities?
Absolutely! Users are encouraged to participate in all activities they qualify for. You can simultaneously benefit from the zero-fee promotion, enter the trading competition, and share your strategies on the Strategy Square.
What happens to my rewards after they are distributed?
All rewards are subject to a 90-day lock-up period. During this time, you cannot withdraw them from your OKX account. The value of your rewards may change during this period due to normal market volatility.
Where can I learn more about using these trading tools?
The platform offers extensive resources and guides for each strategy. 👉 Explore advanced trading methods and tutorials to better understand how to configure and optimize your bots for maximum performance.