To assist Coincall users in better understanding and participating in options trading, we are pleased to introduce the "Spot DCA + Options Tutorial" event. By participating in Dollar-Cost Averaging (DCA), you can earn up to 100% $CALL cashback.
Additionally, joining our official Telegram group grants you access to expert-led options tutorials. Through options trading, we aim to assist you in reducing your DCA costs and hedging against downward movements in holding, thereby significantly enhancing the success rate of spot trading!
⏰ Event Time: From May 20, 2024, 00:00 to July 22, 2024, 00:00 (UTC)
1. Spot Dollar-Cost Averaging (DCA)
Coincall Spot DCA Program V2.0 is now upgraded with new support for BTC and SOL.
Spot Asset
|
Minimum Unit
|
Frequency
|
Start Time (UTC)
|
ETH
|
0.1 |
Every Monday
|
May 20, 00:00
|
BTC | 0.01 | Every Monday |
June 20, 00:00
|
SOL | 1 | Every Monday |
June 20, 00:00
|
Depositing BTC, ETH, or SOL into Coincall, or buying spot BTC/USDT, ETH/USDT, SOL/USDT on Coincall are both considered qualifying DCA actions.
2. $CALL Rewards
- Earn $CALL rewards based on the cumulative number of DCA periods. For every X periods of DCA, receive a reward of X% in $CALL.
- DCA is executed every Monday, with each period lasting one week.
For example, if you have engaged in ETH for 10 periods and BTC for 3 periods, the $CALL reward you can receive = Total ETH DCA amount x 10% + Total BTC DCA amount x 3%.
3. Options Trading Sharing
- Join the Options Trading Group with our tutors for hands-on options instruction to help you earn extra income each week.
Covered Call Strategy Example: On every Monday, sell out-of-the-money call options expiring the next Friday, with a strike price approximately 15% higher than the current market price, will achieve an annualized return of about 20%.
A. With ETH priced at $3,830, we opt to sell equivalent ETH-14JUN24-4400-C options on Monday for the upcoming Friday (12-day interval), with a strike price of $4,400 (14.8% above the current price), generating a premium (mark price) of $35.4.
B. Executing the covered call strategy bi-weekly, the estimated annualized return is: 35.4/3,830 * (365/14) = 24.0% (Data updated: June 3, 2024, 7:00 UTC)
Join Telegram 👉 https://t.me/CoinCall_Exchange/38942
Event Rules:
- Participation in this event requires pre-registration. After registration, join the event Telegram group and contact the administrator to apply for qualification.
- The Telegram group is mainly used for weekly announcements of DCA plans, sharing trading strategies, options tutorials, and event consultations.
- Registered users are required to trade and place orders in their personal accounts according to the DCA plans shared weekly within the Telegram group. We will verify your order records to determine eligibility for rewards.
- $CALL rewards earned in the previous week will be distributed every Wednesday, calculated based on the $CALL spot price at 0:00 UTC on that day.
- During the event period, registered users can withdraw from the DCA program at any time, but this will automatically forfeiting the rewards for that week.
- Spot orders involved in the DCA must not be closed within at least 14 days to remain eligible for rewards; otherwise, eligibility will be forfeited.
- Deposits amount for the DCA must not be withdrawn within at least 14 days to remain eligible for rewards; otherwise, eligibility will be forfeited.
- Coincall does not guarantee profits from this DCA event; please carefully read the event rules before making investment decisions. Registering for the event signifies your agreement to bear possible investment losses on your own.
- The end date of this event is to be determined. Coincall reserves the right to adjust the event rules and rewards based on platform operations and market conditions.
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