1. Points Calculation Time Frame
The system will take random snapshots of the ads list in the required fiat trading zone at one-minute intervals during the valid posting time (UTC) specified on the event details page. Valid ads will earn points.
2. Conditions for Earning Points
To earn points, your ads must meet all the following conditions to be considered valid:
- The ads should be active at the time of the snapshot.
- The prices specified in ads should fall within the valid price range for the event.
- The amounts specified in ads should fall within the valid amount range for the event.
- There are no completion rate restrictions for the ads.
- The ads should require users with registration period ≤ 90 days.
3. Valid Price
A valid price means the ad price falls within the specified price range for the corresponding fiat currency. Different price ranges apply to buy and sell advertisements:
- For buy ads: Valid prices must fall within (Fair Price × (1 - x%), Fair Price × (1 + y%)).
- For sell ads: Valid prices must fall within (Fair Price × (1 - m%), Fair Price × (1 + n%)).
Fair price calculation: The fair price is determined by taking the median of buy and sell prices from multiple P2P markets, after filtering out anomalies. It is updated every minute.
4. Points Calculation Rules
Total Daily Points for Merchants = Ad-Posting Points × Completion Multiplier
- Ad-Posting Points = Ad Ranking Multiplier × 100 × (1 - Deviation Percentage)
- Ad Ranking Multiplier: The ranking of the merchant's ads in the fiat trading zone.
- Deviation Percentage: The absolute deviation of the price in ads from the fair price.
- Completion Multiplier: This multiplier varies with the merchant's completion rate in different tiers, calculated daily. The rewards will be distributed at the end of the points calculation period every day.
5. Ranking Rules
All participating merchants will be ranked according to their points for the day, with 2 separate leaderboards for buy and sell ads, updated hourly. The points will reset at the end of the valid posting time for the day and restart accumulation the next day.
There is no limit on the number of events a merchant can participate in. Under the same event, merchants can post ads on both buy and sell sides at the same time to earn points, participate in rankings, and share rewards. For detailed rules of rewards, please refer to "Rules of P2P Merchant Event Rewards".
6. Others
- Merchants will not receive completion points if no users place orders on their ads.
- Any merchant disqualified for rule violations will have all points permanently removed.
- If merchants fail to respond to orders 3 or more consecutive times, their ranking for that day will be canceled.
- The points may be halved for merchants found using automated trading bots or demonstrating slow responses to orders.
- Any verified activities that compromise event fairness - including malicious competition, order spamming, or fake appeals - will result in immediate disqualification. CoinEx reserves the final interpretation and enforcement of all event rules.