The New Operation of Our Futures Activities Is Here: Rewards When You Open an Order?

BigONE Exchange
4 min readAug 30, 2021

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BigONE hosted a new futures event on Monday, August 23. This was an unprecedented occasion which according to BigONE’s Twitter account, for which over 3,000 people registered by the time the event finished on August 25. As of this week, the cost of BigONE event is estimated to be more than $20,000.

BigONE’s investment in activities has increased significantly

Beginning in June of this year, BigONE’s promotional activity has gained significant traction, starting with the initial phase costing $30,000 to now when our events cost at least $100,000 which is a rare occurrence for the crypto industry.

As an example, consider the event on July 26 when BigONE held a sharing event. The event’s content included: the user’s daily futures transaction volume (principal x multiple) 1000U, (for example: a user with 10U opens 100 times leverage, if the conditions are met satisfactorily) is eligible to share 100,000 USDT.

The way it works is that the more consecutive trading days users maintain, the more rewards they will receive; participating users can earn double rewards by forwarding event posters to various media channels or communities, and every detail of the event will be shared with them. They are all well-designed and consider the user’s transaction needs, with the threshold set low enough for as many people as possible to take part.

In the end, it was inevitable that it would become a popular event in Southeast Asia. More than 5,000 users took part in the event in just one week. The activity rewards in that week surpassed $100,000 and topped $130,000.

BigONE took out another $100,000 US dollars during this event, which took place from August 23 to August 29. The rules of the event are simpler this time around than they were previously. When you open a futures transaction on BigONE, you will receive $5. If you open two futures transactions, you will receive $10 as a reward, and the reward is money that can be withdrawn to your bank card or account, not paid as a futures bonus for example.

Not surprisingly as a result, this event has become even more popular as it lowers the barrier to participation once more. And with any order size eligible for a reward, it is expected that it will be the most popular of any BigONE event to date.

“BigONE isn’t so much an exchange as it is a company that specializes in activities, which is far more appealing,” according to one user.

The threshold for taking part in BigONE activities is getting lower

In early July 2021, we set up the promotion so that to participate in BigONE activities, users need to trade + forward. In late July 2021, to participate in BigONE activities, the transaction volume needs to meet a very low requirement. And by late August 2021, to participate in our activities, users only need to trade, and any amount can be used! It took only one month for BigONE to figure out what users really wanted and make a complete U-turn. During this period, it conducted no less than two user surveys.

BigONE can’t stop, despite the ever-increasing investment in activities, the rise in user cost per customer, and peer pressure. When the majority of competitors host similar events, they use futures experience funds or bonuses. BigONE uses US dollars to issue awards, which both allows it to stand apart from other exchanges, while at the same time is sufficiently attractive to users.

The planning for BigONE’s new event is still in progress. According to a source familiar with the situation, BigONE has captured the attention of its industry peers. But the signs are that competitors are slow to follow in our footsteps. The policy of rewarding users directly with money is not something every exchange can do so. We are confident that BigONE has the potential to scale up even further, and the team is constantly exploring the market to promote the business even further. In addition, BigONE closely monitors progress in the technical field in addition to their impactful future activities. After all, as its slogan states, “BigONE, more than just asset security.”

About BigONE

BigONE is a global cryptocurrency exchange that provides a platform for trading various cryptocurrencies. It was founded in 2017 and registered in the Netherlands. The group operates in Russia, Brazil, Vietnam, Seychelles, Singapore, Japan, and Indonesia, providing marketing, investment, and blockchain technology research & development.

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BigONE Exchange
BigONE Exchange

Written by BigONE Exchange

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