The Ranking of Nami Championship - NAO Futures Season 13: Week 1

Dear Nami Community,

The market is more exciting than ever with Bitcoin reaching a new ATH of over 73,000 USDT, leading to growth in other Altcoins. Joining the excitement of the market, Nami Exchange has launched the Nami Championship - NAO Futures Season 13 from 2024-04-14 17:00 (UTC) with a total prize pool of over 1,500,000,000 VNST (~60,000 USDT).

On 2024-04-21 17:00 (UTC), the first week of the tournament finished with the Top 10 outstanding individual traders with the highest trading volume in week 1

Congratulations to outstanding individuals who have won the weekly awards and highest trading profit percentage award of the Week 1. The weekly award prizes will be directly transferred to the NAO Futures accounts of the winners, expected within 24 hours from the announcement time.

In addition, Nami would like to congratulate the outstanding individuals who received the SB award from the Vouchers collection.

Conditions for ranking to individuals prizes

Weekly Awards

  • Have more than 5 valid trading positions with a minimum volume of 1,000,000 VNST, 1,000,000 VNDC, or 50 USDT per position
  • Total trading volume greater than 250,000,000 VNST
  • Total time to maintain position is at least 50 hours (the system will display this metric for each individual at the tournament personal information interface)

Notes on the daily awards for individuals based on profit trading percentage :

  • Positions must achieve a trading profit percentage of greater than 0% to be ranked.
  • Prizes are calculated for positions opened during the tournament and closed on the qualifying day, including orders to close partial positions or close entire positions
  • Each user can only receive 1 prize per day, prioritizing the highest value prize. Prizes are automatically distributed to users at 00:00 (UTC) the following day. Users who received prizes the previous day, can still claim prizes for the following days.

Important Notes

  • For SB Trading Fee Rebate, which has the feature of refunding NAO Futures trading fees, users will be refunded based on the total trading fees with multiple types of assets converted to VNST with a maximum refund of 100,000 VNST. Trading fees are aggregated daily (from 17:00 the previous day to 17:00 the next day) and refunded at 00:00 the next day.
  • SB Copy Trading Cover only applies to the first copied order and when that order has a negative profit (does not apply to order liquidation fees). If the first order has a positive profit, SB Cover will not be applied and will be expired.
  • A new user is considered valid when they have completed advanced KYC (Bank linking and made the first deposit via partners).
  • Each user can only receive First, Second, and Third weekly prizes only once, for example: Users who have received First Prize in the first week will not be able to receive Top 3 prizes for other weeks.
  • Tournament performance for Individuals is only calculated positions with the maintenance time not less than 5 minutes.

In there:

  • The time to maintain a position with limit orders placing is calculated from the moment the position is activated until the moment the position is partially or completely closed.
  • Position maintain time for positions including Volume Added Orders is calculated from the time the position is added volume until the moment position is partially or completely closed
  • The Organizer reserves the right to change the program mechanism or stop the program ahead of time.
  • All digital asset prizes will be transferred directly to the winner's NAO Futures wallet within 02 working days after the final rankings are announced.
  • With the merchandising prizes, the Organizers will contact and awarded to the users within 15 working days. Depending on delivery conditions, there may be corresponding forms of prize value conversion.
  • For the Diamond Ring prize, Nami will contact and deliver the prize to the user within 30 working days. There may be corresponding prize value conversion methods. The prize only applies to Vietnamese users.

We wish all users and community an exciting season and successful trading!

Further information:

Best Regards.

Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Futures trading carries substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movements. The information here should not be regarded as financial or investment advice from Nami. All trading strategies are used at your discretion and your own risk. Nami will not be liable to you for any loss that might arise from your use of Futures.

About Nami Exchange

Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 1000 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.


Download Nami Exchange app here.

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