HIBT Trading Competition Rules: Avoiding Disqualification
With over 2 million Vietnamese users joining crypto trading platforms in 2025, competitions like the HIBT trading event have become highly competitive. To help you navigate the rules and avoid disqualification, we’ve compiled this essential guide. Whether you’re a beginner or an experienced trader, understanding these rules is “tiêu chuẩn an ninh blockchain” (blockchain security standard) for fair participation.
Key Rules to Follow
Here’s the catch: many participants get disqualified for simple mistakes. Let’s break it down:
- No wash trading: Avoid buying and selling the same asset to artificially inflate volume. According to Chainalysis 2025, 30% of disqualifications stem from this.
- Use verified accounts: Only trades from KYC-verified accounts count toward the competition.
- Follow trading limits: Stay within the daily transaction limits set by the platform.
How to Audit Smart Contracts for Fair Play
Like a bank vault for digital assets, smart contracts ensure transparency. Before joining, verify the competition’s smart contract address on HIBT’s official site. Tools like Ledger Nano X reduce hacks by 70% and help secure your trades.
Vietnam-Specific Considerations
Vietnamese traders should note:
- Local regulations require tax reporting on competition winnings (Read our Vietnam crypto tax guide).
- VPN usage may trigger fraud alerts—stick to local IP addresses.
2025’s Most Promising Altcoins for Trading
Diversify your portfolio with these altcoins, but remember competition rules apply equally:
Altcoin | Growth Potential |
---|---|
Token A | +120% YTD |
Token B | +85% YTD |
Not financial advice. Consult local regulators before trading.
By following these HIBT trading competition rules, you’ll avoid common pitfalls. Remember, the key to success lies in understanding both the technical requirements and the “tiêu chuẩn an ninh blockchain” behind them. For more insights, visit cryptoliveupdate.com”>cryptoliveupdate.
About the author: Dr. Alan Nguyen has published 18 papers on blockchain security and led audits for major DeFi projects.