Prove Your Trading Skills! Exclusive BUGS FUNDED Account Audition

Event Duration:

Start 5 Days of Futures Demo Trading

Hit the Profit Target to Earn
5,000 USDT

for Live Trading

Demo Trading Process

If the challenge fails, you can re-register and start a new challenge
Step 1
Pay 100 USDT to Register
Step 2
Switch Subaccount to Start Futures Demo Trading
Step 3
Meet the Target to Earn Live Trading Funds

Challenge Requirements

Withdrawal Requirement
Profits exceeding 5,000 USDT can be withdrawn to your main account registered for the challenge
Elimination Criteria (Eliminated if any of the following conditions occur)
1. The live trading account assets are below4,800 USDT
2. The live trading account's PnL drawdown rate, defined as unrealized PnL divided by the greater of current wallet assets and wallet assets after the most recent withdrawal, is
 6% 
or higher
3. If the user has no positions or trading activity within5 days(120 hours), the subaccount will be automatically terminated
Available Futures Markets
BTC, ETH, XRP, SOL, DOGE, ADA, LINK, LTC and SUI
Maximum Leverage Limit
Maximum 10x for BTCUSDT and ETHUSDT pairs; maximum 5x for the other markets
Real Leverage Limit
The live trading account's real leverage must not exceed 3x. If it does, you can only reduce or close positions

Futures Live Trading with5,000 USDT

Share Profits with BUGS FUNDED

Live Trading Process

Profits exceeding the base fund of 5,000 USDT can be withdrawn
Step 1
Earn Live Trading Funds
Step 2
Start Live Trading
Step 3
Withdraw Profits

Challenge Requirements

Withdrawal Requirement
Profits exceeding 5,000 USDT can be withdrawn to your main account registered for the challenge
Elimination Criteria (Eliminated if any of the following conditions occur)
1. The live trading account assets are below4,800 USDT
2. The live trading account's PnL drawdown rate, defined as unrealized PnL divided by the greater of current wallet assets and wallet assets after the most recent withdrawal, is
 6% 
or higher
3. If the user has no positions or trading activity within5 days(120 hours), the subaccount will be automatically terminated
Available Futures Markets
BTC, ETH, XRP, SOL, DOGE, ADA, LINK, LTC and SUI
Maximum Leverage Limit
Maximum 10x for BTCUSDT and ETHUSDT pairs; maximum 5x for the other markets
Real Leverage Limit
The live trading account's real leverage must not exceed 3x. If it does, you can only reduce or close positions

Terms and Conditions

1. This event is effective from -- (UTC) to -- (UTC), or until the number of participants reaches 5,000, whichever occurs first.
2. All participants must comply with Gate User Agreement, adhere to applicable laws and regulations, and successfully complete Identity Verification to be eligible for participation.
3. Please note that Gate may not be able to provide full services in certain regions and may restrict or prohibit the use of all or part of its services (including participation in this event) in restricted areas. For more information on restricted regions, please refer to "Section 2.5 Restricted Locations" in the User Agreement. We do not intend to solicit or market in these restricted regions.
4. Please be aware that the cryptocurrency market is highly volatile, and there are risks of loss under various circumstances. Therefore, users are strongly advised to fully understand all relevant information and exercise caution before taking any action. Gate is not liable for any losses incurred by participants.
5. The registration fee is 100 USDT, which serves as the participation fee for BUGS FUNDED Demo Trading account and is non-refundable regardless of outcome. There is no limit to the number of Demo Trading account applications; however, each application requires a registration fee of 100 USDT. Upon successful application, the system will automatically open two accounts for the applicant: 1) a Demo Trading account (hereinafter referred to as the "Virtual Account"); 2) a Live Trading account provided by BUGS FUNDED (hereinafter referred to as the "Actual Account"). The timer starts immediately upon account opening, and the Demo Trading account test period lasts for 5 days (i.e., 120 hours).
5.1 Virtual Account:
The Virtual Account has a base fund of 5,000 USDT. The funds in the Virtual Account are virtual and cannot be withdrawn regardless of trading gains or losses.
i) If the Virtual Account incurs losses and its total fund declines to 4,800 USDT, the Virtual account will be immediately terminated. ii) If the Virtual Account makes a profit, then according to the risk control loss calculation standard, once a loss rate (Unrealized PnL / current wallet balance) reaches or exceeds 6%, the Virtual account will be immediately terminated. For example, if the user's wallet balance immediately after their most recent position close was 5,500 USDT (Realized PnL = 500 USDT), then an unrealized loss that reduces the balance to 5,170 USDT (i.e., 5,500 × (1 – 6%)) will trigger immediate termination. iii) If the user fails to meet the test passing criteria (a return of 10% or higher) within the 120-hour period, the Virtual Account will be automatically terminated.
ii)Tradable contract markets in the Virtual Account: BTC, ETH, XRP, SOL, DOGE, ADA, LINK, LTC, SUI. Leverage limits for orders: up to 10x on BTCUSDT and ETHUSDT; up to 5x on all other markets.
5.2 Actual Account:
The Actual Account has a base fund of 5,000 USDT, which cannot be withdrawn under any circumstances.
i) If the Actual Account incurs losses and its total fund declines to 4,800 USDT, the Actual Account will be immediately terminated. ii) If the Actual Account makes a profit, then according to the risk control loss calculation standard, if a loss rate (Unrealized PnL / max(current wallet balance, wallet balance after the most recent withdrawal)) reaches or exceeds 6%, the Actual Account will be immediately terminated. For example, if the user's wallet balance immediately after their most recent position close was 5,500 USDT (Realized PnL = 500 USDT), then an unrealized loss that reduces the balance to 5,170 USDT (i.e., 5,500 × (1 – 6%)) will trigger immediate termination. iii) If the Actual Account holds no positions—meaning there is no trading activity during the entire simulated test period of 5 days (120 hours)—the Actual Account will be immediately terminated. After the Actual Account is closed, profits will be automatically transferred to the user's registered personal account (i.e., Gate UID) for the event.
ii) After the test period concludes, the base fund of 5,000 USDT cannot be withdrawn. However, any profit earned from the test exceeding 5,000 USDT may be transferred to the user's personal account (i.e., Gate UID) used for registration. The profit distribution rules are as follows: i) If the account profit is less than 5,000 USDT, the distribution ratio between BUGS FUNDED and the user is 2:8. ii) If the account profit reaches or exceeds 5,000 USDT (i.e., account assets reach or exceed 10,000 USDT), the distribution ratio will be adjusted to 1:9. The user may only apply to withdraw profits when all positions have been closed, there are no pending orders, and the Actual Account balance exceeds 5,000 USDT.
iii) Tradable contract markets in the Actual Account: BTC, ETH, XRP, SOL, DOGE, ADA, LINK, LTC, SUI. Leverage limits for orders: up to 10x on BTCUSDT and ETHUSDT; up to 5x on all other markets.
6. The Virtual Account and the Actual Account participating in the competition must not exceed a real leverage of 3x (three times) the account assets. If the real leverage exceeds 3x (three times) due to additional positions or losses, the user will be restricted from adding more positions and will only be allowed to reduce or close out positions.
7. The end date of the first season is -- (UTC). By then, all positions held and pending orders of the users still participating in the competition will be closed, and profit distribution will be processed, followed by the recall of funds to conclude the trading.
8. There is no commission rebate on any transaction fees. Transaction fees are calculated in real-time and deducted from positions upon buying or selling.
9. Any form of cheating or dishonest behavior is strictly prohibited. Upon detection, the participant will be disqualified, and in cases of serious violations, the platform will take stringent measure. Market makers, companies, institutions, and related accounts are not eligible to participate in this event. The use of duplicate accounts or any other fraudulent behavior, such as artificially inflating trading volume, mass registration of fake accounts, wash trading, or matched orders, is strictly prohibited. Multiple accounts with the same identity information (including sub-accounts and main accounts) will be considered as a single user. Participants must register using their main account; upon registration, the system will automatically generate a participating sub-account. Participation using non-system-generated sub-accounts will not be counted towards the event's results.
10. BUGS FUNDED is an independent third-party institution. Gate does not provide any endorsement or recommendation for BUGS FUNDED. Any pages to which users are directed (if any) are provided by BUGS FUNDED, and users should evaluate the suitability of BUGS FUNDED's services at their own discretion. Gate shall not be responsible for any services or terms provided by BUGS FUNDED.
11. Gate reserves the right of final interpretation of this event and the right to modify the relevant terms or cancel the event without prior notice.
12. In the event of any discrepancy between the English version and the translated version, the English version shall prevail.