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How is the winning target price determined in Precision Leagues?

In Precision Leagues, the winning target prices are determined based on the closing price of the selected asset (cryptocurrency, stock, or FX pair) at the end of the game's duration. Here's how it works:

  1. Exact Price Entry: Players participating in the game enter a specific price that they believe the asset will trade at the end of the game. 


  2. Game Duration: The game has a predefined duration during which participants can make their predictions and submit their entries.


  3. Closing Price: At the end of the game's duration, the closing price of the selected asset is recorded. This closing price is typically sourced from reliable financial data providers and exchanges.


  4. Determining Winners: To determine the winners, the platform compares the closing price of the asset to the price entries made by the participants. Participants who entered a price exactly similar or closest to the closing price of the asset are declared winners.


  5. Prize Distribution: It's a winner takes all game format where the player who predicted the closing price or the price closest to it wins the Prize pool.

In summary, the winning price is determined by comparing the closing price of the asset to the price predicted by the participants, rewarding the one who accurately forecasted the asset's closing price.

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If you have more questions and need more support reach out to us via email on support@tradingleagues.app

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© 2024, Rain Platforms Inc. All rights reserved.

© 2024, Rain Platforms Inc. All rights reserved.

© 2024, Rain Platforms Inc. All rights reserved.