Privex
  • Introduction
    • 🔵Welcome to PriveX
      • Page
      • ❓Why COTI2?
    • 🏋️‍♂️Elevating User Experience in DeFi
  • On-Chain Derivatives overview
    • 📊The Current State of Crypto Derivatives
    • 💡PriveX On-Chain Solution
    • ⚖️Comparison and Advantages
  • PriveX Platform
    • 🤝Intent-Based Architecture
    • 📈Trading on PriveX
    • 📖Trading Basics
    • ⛽Transaction Fees
    • 💰Trading Fees for Perpetual Contracts
    • 🔵Take Profit and Stop Loss
    • 🩸Understanding Liquidations, Margin Management, and Account Health
    • 💵Collateral and Cross-Margin Accounts
    • 💱Understanding Funding Rates
    • ⚖️Unrealized Profit and Loss (uPNL)
    • 📝Open Interest (OI) and Market Activity
  • 📜Pair List
  • 📊Trade to Earn Points
    • 🔵PriveX Points System Explained
  • 🤖Trading Agents (Coming soon)
    • Launch An Agent
  • Additional information
    • FAQ
    • 🔗Official Links
    • 📑Terms & Conditions
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  1. Trade to Earn Points

PriveX Points System Explained

PriveX introduces a rewarding points system to incentivize active and consistent trading. Here's a concise guide to understanding how it works and how to make the most of it.

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Last updated 3 months ago

Daily Points Distribution

  • Total Points Available Daily: 20,000 points

  • Distribution Frequency: Every 24 hours

  • Allocation Method: Proportional to each trader's effective trading volume relative to the total effective volume of all traders

Point Calculation Formula:


Boosting Your Effective Trading Volume

Your Effective Trading Volume is your base trading volume enhanced by applicable boosts. There are three main ways to increase it:

1. Referred Traders (Using a Referral Code): If you sign up with a referral code, you receive a 15% bonus on top of your regular Trade & Earn rewards. More trading = more rewards.

2. Consecutive Trading Bonus

  • Boost Mechanism: Earn an additional 5% boost for each consecutive day you trade at least $1,000, up to a maximum of 35% after 8 days

  • Reset Condition: Failing to meet the daily minimum resets the bonus to 0%

Cumulative Boost Schedule:

Consecutive Days Traded

Total Boost

1

0%

2

5%

3

10%

4

15%

5

20%

6

25%

7

30%

8+

35% (Max)

3. Affiliates (Referring New Traders) If you refer a trader, you earn 25% of their reward as a referral bonus. The more they trade, the more you earn.


Calculating Your Effective Volume and Points


Quick Example

  • Your Base Volume: $10,000

  • Referral Boost: 15%

  • Consecutive Trading Bonus: 20%

  • Total Boost: 15% + 20% = 35%

  • Points Earned: Depends on total effective volume of all traders


Tips to Maximize Your Points

  1. Activate Boosts Early:

    • Use a referral code during signup to secure the 15% boost permanently.

    • Begin consistent trading to start accumulating your consecutive trading bonus.

  2. Maintain Consistency:

    • Trade at least $1,000 daily to build and maintain your consecutive trading bonus.

    • Aim to reach the maximum 35% bonus for optimal benefits.

  3. Strategize Your Trading Volume:

    • Spread larger trades over multiple days to enhance your consecutive bonus.

    • Monitor the total trading volume to identify days when your trading has a greater impact.

  4. Risk Management:

    • Balance your desire for higher volume with prudent risk management.

    • Stay informed about market conditions to make educated trading decisions.


Key Points to Remember

  • Consistency is Rewarded: Regular trading not only builds your bonus but also demonstrates a commitment that PriveX rewards.

  • Boosts are Additive: Combining the referral and consecutive trading boosts can significantly increase your effective volume.

  • Bonus Reset: Missing the daily minimum trading volume will reset your consecutive trading bonus, so plan accordingly.

  • Daily Distribution: Points are allocated every 24 hours, so timely trading can influence your earnings.

Effective Trading Volume:

Points Earned:

Effective Volume:

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