Tournaments on BuyCrypt

Tournaments are extra profits that are now available to every BuyCrypt user

We launch regular tournaments in which any BuyCrypt user can participate 

One of the regular tournaments will be absolutely free, the entrance to the another tournament will be paid

Both tournaments are with the guaranteed rewards for the winner!

Tournaments with paid entry

These are tournaments with a guaranteed prize pool in USDT or BUSD

The trader who takes the first place takes the whole pool. The pool is formed with the value of tourpasses spent on entry. To participate you need to get the required amount of tourpasses, or win them in a regular free tournament

A free tournament is a battle with other traders for a guaranteed prize

It is absolutely free for all users. The winner receives Tourpass which can be used to enter any of the paid tournaments

* Tourpass is a ticket. These tickets are needed to participate in paid tournaments. Tourpasses can be won or bought. Below you will find detailed instructions

How to participate in the tournament?

Using the BuyCrypt app:

In the app, go to the Tournaments tab
Choose a tournament and click Join
Buy tourpasses, if it is required
Choose the API key
Start trading using the BuyCrypt app

Web interface:

From the home page select Tournaments

Or enter a tournament through login to your Account

Choose a tournament from the Tournaments tab
Choose the API key
Pay for your entry with tourpasses, if required

You will need to log into the app to confirm your entry

* No matter how you enter, all trades must be opened and closed using the BuyCrypt app

Download AppStore PlayMarket

Instructions for creating API key on Binance

* When creating API, please remember to give permission for Futures trading

What happens during a tournament?

  • Competitors start trading a tournament pair from the moment the tournament starts until the end of the tournament
  • All trades are opened and closed through the application
  • The number of deals, balance or leverage size does not matter
  • Trader’s performance is calculated by PMC (Position Movement Change)
  • The trader with the highest PMC Score wins

How is the PMC Score calculated?

The percentage of a price movement when a trader had position open is taken into account

For example: you opened position at 30000 and closed it at 33000

The price movement is 10%

This 10% will be added to your score in the tournament table

You can increase this index by the quantity and quality of trades

Tournament Rules

  • Each tournament is held for a particular pair, for example ETH/USDT
  • We trade Binance Futures USD-M
  • Only positions which were opened and closed from the beginning and before the end of a tournament are taken into account
  • PMC Score — not depending on your balance or leverage level. The higher the PMC the more price movement a trader was in position. For example: Entry price 30000, exit price 33000, PMC= 10%
  • Users can participate in only one tournament at a time
  • You can join a tournament at any time until the end of it
  • Tournaments take place in a certain time frame
  • API keys which are used for copy trading or trust management are not allowed to participate in tournaments

* In order to participate you need to create and connect Binance API key to our application

Getting Tourpasses

Press Tourpass logo to buy

Tourpasses can be exchanged, won or purchased

To buy click on the Tourpass icon

Choose the right amount
You can purchase Tourpases through the your web profile

After selecting a desired number of Tourpasses, you will be directed to the CoinPayments page. There you can find the price and the address of the wallet for deposit

CoinPayments example

Attention! The fee is not included in the price! Payment must be made with one transaction including fees

Links to AppStore, PlayMarket

Instructions for API key creation on Binance

* When you create the API, do not forget to give permission for Futures trading

Remember that you always on charge of your finances. We don’t give investment or financial advice. All the information and features is just to help you trade better. Be careful, dyor, hedge, profit and don’t forget about risk-management. On our blog you can find many articles that might help you understand crypto trading better. Good luck!