Dear Poloniex Users,
To provide better trading services, Poloniex has rolled out a brand-new cross margin trading mode. The new feature has been widely popular among our users since it went live. Therefore, we are launching the "Poloniex Margin Trading Competition Round Two: Come and Win from 20,000 USDT" campaign to give back to users for their long-standing support and trust. Come and grab a share from the 20,000 USDT prize pool! Details are as follows:
Campaign period: April 14, 2023 at 10:00–April 28, 2023 at 9:59 (UTC)
To participate in the campaign, simply click here to fill out the form. Feel free to join Poloniex's margin trading Telegram group if you have any questions regarding the campaign. You are also welcome if you simply feel like chatting with other margin traders!
1. 5,000 USDT for new margin traders
During the campaign, all KYC Level 2 users who enable cross margin trading for the first time and trade 500 USDT or more on margin will be able to win from the 5,000 USDT prize pool. Each eligible trader will receive an airdrop of up to 5 USDT.
2. Trade more to share 5,000 USDT
During the campaign, users whose cumulative margin trading volume reaches 1,000 USDT are eligible to share a 5,000 USDT prize pool. Each eligible trader will receive an airdrop of up to 10 USDT.
3. Climb up the leaderboard to get a bigger slice of 10,000 USDT
During the campaign, users whose cumulative margin trading volume reaches 10,000 USDT will be included in the leaderboard and share the 10,000 USDT prize pool as per their rankings. Details are as follows:
Ranking by Margin Trading Volume
Minimum Margin Trading Volume Required
|1st - 3rd (3 winners)||500,000 USDT||Share 3,000 USDT in proportion to their trading volume|
|4th - 10th (7 winners)||200,000 USDT||Share 3,000 USDT in proportion to their trading volume|
|11th - 30th (20 winners)||100,000 USDT||Share 2,000 USDT in proportion to their trading volume|
|31st - 100th (70 winners)||10,000 USDT||Share 2,000 USDT in proportion to their trading volume|
Rules and terms:
1. The total margin trading volume of this campaign counts the trading volume of all executed margin transactions, including the auto-borrowed amount.
2. The three rewards are not mutually exclusive and can be added up.
3. This campaign is not open to market makers.
4. 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.
5. Users deemed to have used multiple accounts in an attempt to win multiple prizes will be disqualified from this campaign.
6. We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based in a prohibited country/region. Prohibited countries/regions are as follows: Crimea, Democratic Republic of Congo, Iran, Iraq, Libya, Mali, North Korea, Palestine, Syrian Arab Republic, Somalia, Sudan, Zimbabwe, Afghanistan, Cote d'Ivoire, Yemen, Lebanon, Myanmar, Chinese Mainland, Cuba, United States of America and all U.S. territories, and any country or region subject to an embargo or other similar sanctions imposed by the U.S., the U.K., or the European Union (the "Restricted Territory").
7. All Poloniex employees are considered insiders as they are aware of inside information in the course of their duties, whether intentionally or unintentionally. Likewise, non-Poloniex employees who are informed of such information are also considered insiders. Insiders must abide by the following rules to prevent insider trading:
- Inside information must be kept strictly confidential and must not be disclosed to any non-insider personnel (including family and relatives) inside or outside of Poloniex.
- Insiders are not permitted to use their corporate or personal accounts to trade on the Poloniex Platform.
8. The rules of the campaign shall be subject to Poloniex’s interpretations, amendments, and decisions, which shall be final. To ensure a fair campaign, we reserve the right to disqualify any user who is known or suspected to have cheated or violated the rules set by Poloniex (e.g., using multiple accounts to win multiple prizes).
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
April 14, 2023
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