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  1. LIBRARY

Price Prediction Instructions

Introduction:

In the Price Prediction Game, traders participate by selecting an entry price within a chosen time frame (such as one minute, three minutes and five minutes) and predicting the future direction of the price based on its trend. If traders anticipate an increase in price, they choose to "Buy Long"; if they expect a decrease in price, they choose to "Buy Short".

For instance, if a trader selects a 5-minute time frame, the entry price will be determined by the opening price of the next candle within that 5-minute period. When the selected timeframe expires, the system will settle the trade based on the actual price and predicted direction, using the closing price of the candle.

Rules:

  • If the closing price is higher than the entry price: Long positions earn profits, while Short positions lose all their capital.

  • If the closing price is lower than the entry price: Short positions earn profits, while Long positions lose all their capital.

  • If the closing price is equal to the entry price: Both Long and Short positions lose all their capital.

*Fee collection: A 7% commission fee will be collected for opening and settling orders. (The settlement fee only applies to profitable orders, and no commission fee will be charged for all losses.)

How to participate:

Step 1: Click on the "Trading" page and choose the cryptocurrency you want to speculate on, such as BTC/ETH.

Step 2: Click on the "Price Prediction" button, choose the amount to invest, settlement time, and predict the direction (Buy Long/Buy Short). (*If 1 minute is selected, the entry price will be based on the opening price of the next candle within a 1-minute time period. The same goes for 3 minutes and 5 minutes.)

Step 3: Users can check their prediction records and results in the "Price Prediction" - "Trading Record" page. In addition, users can check their total prediction times, total amount, yield ratio, ranking, and other information in the "Price Prediction" - "Ranking" page.

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Last updated 1 year ago