Dear Poloniex Users,
To celebrate the launch of futures copy trading, Poloniex has rolled out the "Copy Trade to Win a Share from 100,000 USDT" campaign. Both lead traders and followers can get a slice of the juicy prize pools worth 100,000 USDT! Details are as follows:
Campaign period: April 18, 2023 at 10:00–May 3, 2023 at 9:59 (UTC)
Prize pools (in USDT): When the number of participants hits a new level laid out in the table below, the prize pools will grow accordingly.
Number of Participants | Total Prize Pool | For Early Birds | For Inviters & Invitees | For Lead Traders | For Followers |
0-100 | 2,000 | 1,000 | 200 | 300 | 500 |
101-200 | 3,000 | 1,000 | 400 | 600 | 1,000 |
201-500 | 6,000 | 1,000 | 1,000 | 1,500 | 2,500 |
501-1,000 | 20,000 | 1,000 | 3,000 | 6,000 | 10,000 |
1,001-2,000 | 30,000 | 1,000 | 5,000 | 9,000 | 15,000 |
2,001-5,000 | 50,000 | 1,000 | 9,000 | 15,000 | 25,000 |
>5,000 | 100,000 | 1,000 | 19,000 | 30,000 | 50,000 |
Promotion 1: Be an Early Bird in Futures Copy Trading to Win 10 USDT
During the campaign, the first 100 users who start futures copy trading with no less than 100 USDT in their first trade, either as lead traders or followers, will be eligible for a 10 USDT futures trial fund. A 1,000 USDT prize pool for the early birds will be distributed according to the time at which their first trade is made on a first-come-first-serve basis.
Promotion 2: Get Your Friends Onboard to Share up to 20,000 USDT Together
During the campaign, if users invite their friends to sign up for Poloniex, and the invitee completes at least one futures copy trade, either as lead trader or follower, with a total trading volume of no less than 100 USDT, both the inviter and the invitee will win a 5 USDT futures trial fund. The 20,000 USDT prize pool will be distributed according to the time the new user signs up on a first-come, first-served basis.
Promotion 3: Best Lead Traders: Share Your Trades and Win from up to 30,000 USDT
During the campaign, lead traders who share at least ten futures trades for copy trading, including every position opened, closed, and increased, will share the prize pool for lead traders as specified below:
Ranking by the Number of Shared Trades | Reward | Requirements |
1st | 30% of the prize pool for lead traders |
1. A winner should have three or more followers who have copied the winner's trades at least once during the campaign. 2. The volume of each shared trade of a winner should be no less than 100 USDT. |
2nd | 20% of the prize pool for lead traders | |
3rd | 10% of the prize pool for lead traders | |
4th–20th | Evenly share 40% of the prize pool for lead traders |
Plus, lead traders can also earn a 10% share from the profit of their followers. For more details, check Profit Sharing Rules for Futures Copy Trading.
Promotion 4: Best Followers: Copy Your Favorite Trader and Win from up to 50,000 USDT
Followers who rank among the top 100 by copy trading volume during the campaign can share the prize pool for followers as specified below:
Ranking by Trading Volume | Reward | Requirement |
1st | 20% of the prize pool for followers | A winner's cumulative copy trading volume during the campaign should be no less than 5,000 USDT. |
2nd | 10% of the prize pool for followers | |
3rd | 5% of the prize pool for followers | |
4th–20th | Evenly share 20% of the prize pool for followers | |
21st–50th | Evenly share 25% of the prize pool for followers | |
51st–100th | Evenly share 20% of the prize pool for followers |
Rules:
1. Users need to fill out the registration form before participating in the campaign.
2. The rewards for Promotion 1 and Promotion 2 are not mutually exclusive; Promotion 3 is open to lead traders only; Promotion 4 is open to followers only.
3. A user can only be identified either as a lead trader or a follower, which determines their eligibility for the last two Promotions. For those who switch between the two roles during the campaign, rewards will be calculated based on the role they take on at the end of the campaign.
4. This campaign is not open to market makers and users with negative fee rates. 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 Poloniex.
5. All rewards will be distributed to users' Poloniex accounts in 20 working days after the campaign ends.
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. 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: Futures contracts are an innovative financial product that involves high risk and requires extensive knowledge. Please make rational trading decisions. Thank you for supporting Poloniex Futures!
Poloniex Team
April 18, 2023
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