Rules and Rewards
What is the FTX Battle Royale?
Total Prize Pool:
- 120k FTT (~$144K USD based on FTT=$1.20)
- Battle Royale (BR) trading competition practice round commences on October 1st.
- To participate as a trader, participants must KYC, register and deposit funds into their BR account.
- Traders who hold at least 1k FTT before October 1st (optional) will receive a “Battle Royale OG” badge.
- Sign ups are open throughout the competition.
- Battle Royale is a month long competition that consists of 5 rounds. Each round lasts one week.
- At the end of each week/round, FTT prizes are awarded to the top traders and stakers. The prize pool for each week is 30k FTT (~36k) for all rounds
- There are three ways to win FTT:
- Be a profitable trader: earn the highest Rate of Return (% based).
- Stake on profitable traders: correctly predict and stake FTT on the most profitable traders.
- Be a popular trader: have the most amount of people and FTT stake on you.
We have carefully designed the way we calculate the score for 1), 2) and 3) so that it is balanced for everyone (small and large FTT holders and traders). A detailed explanation for our score calculations is available in this help desk article.
The Global BattleThe FTX Battle Royale is a premiere global cryptocurrency derivatives trading competition designed to find the best traders in the world.
Stake TradersUsing social E-Sports elements, fans of traders are able to support them by ‘staking’ their FTT with the trader to capture their PnL. The top 20 stakers win prizes each day.
Big PrizesThe total prize pool includes over 120k FTT (~$144k USD with FTT at $1.20), Sam’s Battlestation and other user engagement prizes throughout the practice round. Prizes below for the rounds!
How to Sign Up
- Sign up now at: https://battle-royale.ftx.com/
- Join us on telegram: t.me/FTX_Battle_Royale
- Join us our Partners Page: t.me/Battle_Royale_Partners (where AMAs, partner discussion, debates, panels and etc will be held). This will be a good opportunity to learn trading from the best traders in the space.
Who can Participate
Trader or a StakerYou can participate in the competition as a Trader and/or Staker.
KYC RequiredPlease Note: KYC level 1 or 2 verification is required KYC Level 1: State your name, email and country of residence KYC Level 2: Proof of address, name, email, identification
- Non KYC accounts are not eligible to participate
- FTX does not onboard personal or corporate accounts of current residents of the United States of America, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, or Sudan.
- Full FTX Terms of Service.
How Traders Are RankedTraders are ranked by their weekly PnL (% ROI).
- Check out the Battle Royale Scoring Calculations
DurationThere are five rounds in total. Each round lasts one week.
AdvancingIn order to be eligible for the Grand Prize, traders must not fall into the bottom 50% of traders each week.
PNL ResetTrader PnL resets every week
No cut off dateSign up at any time!
Minimum Entry Requirements
Minimum FundsNo minimum. Any tradable asset on FTX can be used as collateral (BTC, USD Stablecoins, FTT, ETH, etc).
Battle Royale OG BadgeWe recommend holding at least 1k FTT collateral because:
- If you hold 1,000 FTT you earn a Battle Royale OG Badge
- You get a 5% fee discount
Minimum VolumeNo minimum trade volume required
Traders participating in the Battle Royale can make use of all the products on FTX. These products include:
- All spot markets
- All futures (perpetual and quarterly) and options
- Altcoin, Midcap and Shitcoin index quarterlies and perpetuals
- All Leveraged Tokens
Traders will be able to earn different badges for different trading challenges that will be announced throughout the month leading up to the Battle Royale.
FTT Holder Badge
FTT is the exchange token for FTX, it provides holders with discounts on fees for trading and OTC. The badges below can be earned by holding the corresponding amounts of FTT.
Leveraged Token BNB Bull
Buy BNB Bull tokens
Leveraged Token Bear
Buy any combination of Bear tokens
... and many more badges will be announced throughout the month!
Traders Prize Pool
The most profitable trader can win up to 18k FTT (~$22k USD). Total trader prize pool is 40k FTT (~$48k USD)
Staking Rules - NO FTT CAN BE LOST BY STAKING
Trade the TradersSpectators can “trade the traders” by staking their favorite traders (up to five traders maximum) with FTT.
Stakers ScoringStakers earn a score based on the amount of FTT staked and the performance of their chosen traders.
- Staker Score is calculated from a combination of FTT staked and number of stakers. Check out the Battle Royale Scoring Calculations. We have carefully designed the staker score to make it fair for small and large FTT holders.
- Staking can be changed every hour. Spectators/Stakers have until the end of each hour to place/change their stake for it to count towards the next round/hour.
- Spectators/Stakers do not have to change their stake every hour, they can stake the same traders for the whole day, week or month.
- If spectators do not change their stake, the original choice will roll over to the next hour/round.
- Staking will not cause any FTT to be lost. If your trader(s) get knocked out or you get a low staking score, you do not lose any FTT.
- Stakers will be ranked at the end of the week and top stakers will win FTT. Staked FTT is unavailable to use for collateral
Stakers' Prize PoolThe best staker can win up to 7.3k FTT (~9k USD). Total prize pool is 40k FTT (~$48k USD).
Most Popular Trader
RewardsThe most popular/staked traders will also get rewarded with FTT.
Invite Your FriendsTraders can also win FTT by getting their friends and fans to stake them.
Popularity ScoringThe popularity of a trader is measured by the number of people who’ve staked them and the amount that is staked in their favor.
- Check out the Battle Royale Scoring Calculations
Engage InfluencersInfluencers are welcome to engage with our communities on Telegram, Twitch, YouTube and other social media platforms.
Staked Traders’ Prize PoolThe most popular/staked trader can win up to 17.5k FTT (~$21k USD). Total prize pool is 40k FTT (~$48k USD)
Battle Royale Referral Program
If your friends sign up with your referral code, you will receive 50% of their fees while they get 10% of their fees rebated. Click here to calculate your earnings based on the amount of volume referred. This bonus will only be eligible on the Battle Royale subaccount.
For Example: If your referees trade a total of $100 million USD worth of volume. Your commissions will be ~30k USD. (see following table). Or click here to calculate.
This special promotion will only be valid for the duration of Battle Royale.
Post Battle Royale Referral Program
After the Battle Royale all your existing referrals will revert to our standard referral incentive where you will receive 30% of their fees while they get 5% of their fees rebated.
These calculations are based on highest fee tiers. Influencers who have gotten the Bybit’s special 40% referral program have asked why the absolute commission for Bybit is lower than FTX’s 30%. This is because FTX’s 30% is off 9bps, whereas Bybit 40% is off 5bps. 30%*9bps > 40%*5bps.
Hence, referrals will earn more on FTX’s affiliate program over Deribit’s, Bitmex’s and Bybit’s. In addition, referred FTX users get 5% rebate on their trading fees. This is something that Bybit does not offer.
We provide marketing collateral support, engagement from FTX social media, interviews on FTX, collaborative connections with other Battle Royale traders to help you increase your conversion rates. You will get a dedicated FTX manager if you meet these requirements.
For affiliates with high performance, we offer generous bonuses. Please contact us directly at [email protected] or message @dwong23, @JamesStewartNZ or @burglol on telegram.
In addition, power affiliates can apply for a special two-level (sub-affiliate) referral program.
- Not only will you get 30% of your referee’s trading fees, you will also receive 30% of the commission your referees earn from their referees.
- For Example: If your referees trade a total of $100 million USD worth of volume and your referees also refer a total of $100 mil. Your commissions will be ~27.3k USD.
How to Volunteer
Battle Royale is organized by FTX - a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC. Since FTX launched a few months ago, we have grown beyond expectations thanks to the overwhelming support from our community.
Many of you have expressed interest to help out with Battle Royale and we want to show how much we truly appreciate your enthusiasm. As a token of our appreciation, we will be awarding Sam’s battlestation and other FTX/Battle Royale swag to community members who add the most value to Battle Royale.
How to add value
- Promote Battle Royale to a large number of communities/Start a community
- Graphic design Posters
- Create walk-through guides on the FTX platform and teach your followers or friends how to trade on it
- Create helpful videos related to different FTX products
- Create Telegram sticker sets and GIFs for FTX
- Help with answering questions during the promotion
- Write articles/blogs about FTX
- Tweet about FTX
Once again, we truly appreciate the help that all of you have given us. FTX would not be where it’s at if not for your enthusiasm, patience, amazing feedback and support. Let’s work together and make the first FTX Battle Royaleof the best trading competitions in crypto history!
Feel free to reach out to us to see how we can collaborate!
What is FTX?
ftx.com is a cryptocurrency derivatives exchange built by Alameda Research. As one of the leading quant trading firms in the space, Alameda has experience trading across all major exchanges (currently trading $1B in volume a day). FTX was built due to various frustrations faced trading on these exchanges. As traders ourselves, we want to work with you to build the best exchange in the space. We believe that we should reward our biggest supporters, influencers and admins who drive user and trading volume growth and are critical to our growth as an exchange.
Terms and Conditions
The best traders and stakers will win a share in 120,000 FTT (currently valued at $144,000 USD as of 26th August 2019 with FTT at $1.20). *amount subject to change if the price of FTT changes significantly before Battle Royale starts.*
FTX reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
Disclaimer: Trading in digital assets comes with high risks due to huge price fluctuations. Before trading, please have a full understanding of all the risks of trading in digital assets and be prudent of your own transaction decisions.
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