How do you calculate factors?
Let’s take a look at some examples of how we’ll tally your factors.
Turnover fee
Let’s say on the primary day of the Buying and selling Competitors, all members generated some buying and selling quantity and exercise. You made a $100 turnover yesterday. At present, you made a $200 turnover. Your complete turnover is $300. Your common day by day turnover is $150.
Your progress is:
$200-$150/$150*100% = 33%.
The utmost variety of factors per exercise is 40. So the perfect dealer earns 40, the subsequent dealer – 39, then 38, and so forth. The fortieth dealer receives 1 level, the forty first will get 0.50 factors (½). The forty second — 0.33 factors (⅓), and so forth.
Variety of markets
Let’s say you traded 20 pairs. By this parameter, you’re in third place and in accordance with the breakdown above, you’ll obtain 38 factors.
It really works the identical means for buying and selling quantity and the variety of transactions. However the leaders on this class may be completely different members.
To obtain the full sum of your day by day factors, simply add the factors for all 5 parameters collectively.
Buying and selling quantity factors + variety of transaction + turnover fee + variety of markets traded = complete day by day factors
Cumulative factors:
For instance, let’s say that on day 1 you earned 33 factors for quantity, 34 factors for trades, 40 factors for turnover fee, and 38 factors for the variety of the markets traded.
Your complete day by day factors are: 33 + 34 + 40 + 38 = 145 out of a attainable 160.
On day 2, you bought 27 factors for quantity, 29 factors for trades, 31 factors for turnover fee, and 19 factors for the variety of the markets traded.
You obtained 106 factors for the day.
Your complete cumulative factors after two competitors days would be the sum of the factors for day 1 and day 2: 145 + 106 = 251.
[Total daily points on Day 1] + [Total daily points on Day 2] +…+ [Total daily points on Day 14] =
Whole cumulative factors
Each buying and selling day, you begin with 0 factors. For those who don’t commerce on a day, you find yourself with 0 factors, and your complete rating on the Leaderboard will almost certainly be decrease on the finish of that day.
So commerce persistently to maneuver up on the Leaderboard and win prizes!
If you wish to get essentially the most out of this competitors, go to CEX.IO College and brush up on some useful buying and selling ideas, or go to our weblog to make amends for the newest information and happenings from across the ecosystem.
Keep in mind, get your trades in by July 20, 2022 to maximise your eligibility. Good luck and blissful buying and selling.
