๐ Key Points
On the BuyCrypt platform, there are two types of tournaments where results are based on PMC or PNL:
- PMC Score: If the tournament description mentions PMC Score, the userโs account balance is not important. What matters is how much percentage change they can achieve in price movement. For example, a user buys Bitcoin at $50,000 and sells at $55,000 = a +10% is recorded for the user, and all percentages are summed up.
- PNL: If the tournament description mentions PNL, all users are given accounts with the same amount of USDT at the start, and the winner is the one with the highest balance at the end of the tournament.
Participant results are updated every few minutes. If youโve closed a position but your tournament standing hasnโt changedโjust wait a few minutes.
๐ Tournament List Overview
In the app, you can find the tournament page by clicking the โTournamentsโ button in the navigation menu.
Once you click it, youโll see a screen with tournaments, where you can view upcoming, current, and past tournaments using the toggle at the top of the screen:
- ๐ Upcoming โ Button “Soon”. This list shows tournaments that havenโt started yet. Once registered, youโll be able to trade from the first second of the tournament.
- ๐ข Live โ Button “Live”. This list shows active tournaments. You can still join, but remember, those who started earlier have a head start.
- ๐ Ended โ Button “Ended”. This list shows completed tournaments where you can view participant results and each of their trades.
๐ Tournament Information Overview
Before participating, you can review the main terms of each tournament.
๐ General List
Each tournament card shows the basic information:
- ๐ The tournamentโs coin (to the left of the name)
- ๐ฅ Current number of participants and the minimum required for the tournament to start
- ๐ The date and time the tournament begins
- ๐ Entry fee for the tournament (if “FREE”, participation is free)
- ๐ฐ The total prize pool for the tournament
โน๏ธ Additional Tournament Information
Click on a tournament to view more details by tapping the “Details” button.
Youโll also see:
- ๐ The date and time the tournament ends
- ๐ Tournament description
- ๐ Prize information
โ Confirmation of tournament participation
When you select a tournament, click “Join” to open a confirmation screen with the tournament conditions and your selected participation key.
To confirm, press “Join tour.”
๐ฅ Tournament Leaderboard
After joining a tournament, youโll see your ranking in the “Your place” field.
For convenience, you can hide the tournament description by tapping “Tournament Description.”
The participant card includes:
- ๐ผ Avatar and ranking
- ๐ผ Exchange and key used in the tournament
- ๐ท Nickname
- ๐ Result (percentage or profit)
To see more participant details, click on their result. The profile will show:
- ๐ A graph of their result changes
- ๐ Long/Short position ratio
- ๐ A list of all closed positions and their outcomes
๐ฎ Participating in a Tournament
During the tournament, the trading pair will be automatically chosen according to the tournament rules, and you wonโt be able to change it.
๐ช PMC Tournament (Price Movement Change)
Here, balance and leverage donโt matter. Only price movement counts.
For example:
- You open a long position on ETH/USDT at an entry price of $2,500.
- You close it at $2,550.
- The net price change is 2% ($2,550 – $2,500).
๐ผ PNL Tournament (Profit and Loss)
All participants receive the same amount of USDT for trading. The winner is the one with the most USDT by the end of the tournament.
โ๏ธ Balance Tournament
This tournament type will be announced in advance. The main goal is to increase your balance using leverage. All participants start with equal balances, which are reset to ensure fairness.
โ ๏ธ Important Notes
- If test USDT are liquidated, the user owes nothing to the BuyCrypt platform.
- Results from positions opened before the tournament wonโt be counted.
- At the end of the tournament, the system will automatically close all positions.
- Results are only counted for fully closed positions.
- A 0.08% commission is charged for every closed position.
๐ Internal Tour Pass
In addition to free tournaments, BuyCrypt offers paid tournaments. Entry is paid using Tour Passes, which can be won in free tournaments or purchased in the app.
The number of Tour Passes you have is shown in the upper-right corner of the tournament list. You can purchase more by tapping on that number.
The higher the entry fee, the larger the prize pool and the more winning places.