BitWell will Go Live with SHIB Perpetual Contracts and Open Trading Competition

Dear Users,

In order to provide you with a richer trading variety, BitWell will go live with SHIBA INU (SHIB) perpetual contracts and open a trading competition. The details are as follows:

  • Launch date: November 11, 2021, 10:00 UTC time
  • Contract type: USDT-margined contract
  • In order to facilitate the management of assets and transactions, the automatic conversion will be carried out according to the ratio of 1,000,000:1, and the trading pair SHIB-M / USDT will be opened
  • Contract specifications: SHIB perpetual contract multiplier of 1 (1M), that is, each contract face value of 1,000,000 SHIB, price accuracy of 4, the minimum transaction number of 1
  • Margin: SHIB perpetual contracts share margin with other perpetual contracts, and mixed margin function can be supported

1. Share Reward

  • During the period of November 10, 12:00 to November 18, 10:00 UTC time, share the event poster and the announcement link to any Telegram group other than the official BitWell community, or share it on social media such as Twitter, Facebook, Weibo, etc., to win a total of 5,000 USDT
  • Please upload a screenshot of your share to:
  • BitWell will randomly select 100 winners each day based on the impact of their shares, and each UID can only win once.

Share the announcement link:

2.Perpetual Contracts Trading Competition

Time: November 11, 10:00 – November 18, 10:00 UTC time

Event I. New users can trade and win 2,000 USDT

During the event period, those who open and trade SHIB-M / USDT perpetual contracts for the first time with a cumulative transaction amount of not less than 2,000 USDT will receive a 10 USDT bonus, limited to the first 200 people.

Event 2. Trading Ranking Competition, Share 3,000 USDT Reward

During the event period, the top 200 users with SHIB-M / USDT perpetual contract trading volume ≥ 2,000 USDT will share 3,000 USDT reward.

  • 1st place (perpetual trading volume ≥ 500,000 USDT): 800 USDT bonus
  • 2nd place (perpetual trading volume ≥ 300,000 USDT): 400 USDT bonus
  • 3rd place (perpetual trading volume ≥ 100,000 USDT): 200 USDT bonus
  • 4th – 200th place: share the remaining rewards according to the ratio of transaction volume, the maximum reward for a single person is 50 USDT

During the activity period, if there are cheating behaviors such as bulk-registration of accounts, self-buying and self-selling, wash trading, or irregularities that affect the normal operation of the activity, the platform will immediately cancel the award qualification, and the account will be frozen if the situation is serious.

Within 7 days after the end of the activity, BitWell will confirm the users who meet the conditions by the system, and the rewards will be automatically distributed!

BitWell has the final right to explain this activity.

Click to view the BitWell Perpetual Futures Contract Rules.

Risk Warning:

Digital assets are innovative blockchain products with high price fluctuations, please judge your risk bearing ability rationally and make prudent trading decisions.

BitWell is not responsible for any losses caused by price fluctuations when buying, selling or holding digital assets.

BitWell Team

BitWell is committed to building a fair and transparent global digital asset trading platform, providing investors with secure, convenient and intelligent blockchain derivatives trading services.


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