Dear Poloniex Users,
Poloniex will officially introduce its cross-margin mode on December 9, 2022. Supporting cross-margin trading with spot accounts and the "Auto-Borrow & Repay" feature, the new mode will vastly enhance our users' trading experience. To celebrate the debut of cross-margin trading on Poloniex and to give back to our users, we are launching the "Five Promotions to Celebrate the Launch of Cross-Margin Mode" campaign. Come and grab a share from the 100,000 USDT prize pool! Details are as follows:
Campaign period: 20 days, December 9, 2022 at 06:00 – December 29, 2022 at 05:59 (UTC)
Promotion 1: Sign up to share the 20,000 USDT newcomers' reward
During the promotion, all KYC Level 2 users who enable cross-margin trading and the Auto-Borrow feature and trade 500 USDT or more in margin will be rewarded with 5 USDT. The 20,000 USDT prize pool will be distributed on a first come, first served basis.
Promotion 2: Share 20,000 USDT for interest-free borrowings
During the promotion, all Poloniex margin traders may enjoy an interest-free reward on their borrowings. Each margin trader can enjoy a reward worth up to 100 USDT. The 20,000 USDT interest-free prize will be given out on a first come, first served basis.
Note: Interest on borrowings will be charged as usual during the promotion, and the interest-free reward will be airdropped to users' spot accounts on a first come, first served basis.
Promotion 3: Trade to share the 20,000 USDT prize pool
During the promotion, users whose cumulative trading volume in cross-margin markets reaches 1,000 USDT will be rewarded 5 USDT. They can earn another 5 USDT once their cumulative trading volume reaches 10,000 USDT. The 20,000 USDT prize pool will be distributed on a first come, first served basis.
Promotion 4: Trade to share the 20,000 USDT prize pool
During the promotion, users whose cumulative trading volume in cross-margin markets reaches 50,000 USDT will be listed on the leaderboard and share the 20,000 USDT prize pool per their rankings. Details are as follows:
Promotion 5: Invite friends to share a 20,000 USDT prize pool
Users may invite their friends to join the campaign. For every new signup who completes KYC level 2 verification and trades 500 USDT or more in margin during the promotion, the inviter can receive 5 USDT as a reward. Each inviter can earn up to 100 USDT, and the 20,000 USDT prize pool will be distributed on a first come, first served basis.
Please note that the reward for inviters can be added to the Space Traveller referral commission.
Rules and terms:
- All cross-margin trading pairs on Poloniex are eligible for the campaign. (The volume of all executed orders involving borrowing will be counted towards margin trading volume.)
- All five promotion rewards are not mutually exclusive and can be added up.
- This campaign is not open to market makers or VIP users.
- Reward distribution: All rewards will be distributed within 20 working days after the campaign ends. You can log in to your account and view the rewards in Activity > Wallet.
- Users deemed to have used multiple accounts in an attempt to win multiple prizes will be disqualified from this campaign.
- We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based in a prohibited country/region. The list of prohibited countries/regions is as follows: Ontario (Canada), Crimea, Democratic Republic of Congo, Iran, Iraq, Libya, Mali, North Korea, Palestine, Syrian Arab Republic, Somalia, Sudan, Zimbabwe, Afghanistan, Côte d'Ivoire, Yemen, Lebanon, Myanmar, the Chinese Mainland, Cuba, the United States of America and all U.S. territories.
- The rules of the campaign shall be subject to Poloniex's interpretations and decisions, which shall be final. We reserve the right to disqualify any person who is known or suspected to be cheating or violating any rules and regulations set by Poloniex.
Risk warning: There is a risk of forced liquidation in cross-margin trading. Please make your own rational judgments and prudent trading decisions. Thank you for supporting Poloniex!
The Poloniex Team
December 9, 2022
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