To celebrate our recent XRP Futures launch, we’re beginning a two week trading competition where traders can win from a total prize pool of 15,000 USDT!

Competition Period: January 8, 2021 at 20:00 UTC to January 22, 2021 at 19:59 UTC

In this competition, you’ll have two weeks to trade as much as possible in our XRP Futures contract and earn from a total prize pool of 15,000 USDT! Trade at least 5,000 USDT in our XRPUSDTPERP contract to be eligible for prizes.

Throughout the competition we will also be giving away a prize pool to 12 lucky traders who have a minimum volume of 2,500 USDT will be selected at random to win from a bonus prize pool. Each lucky trader will be given a bonus prize of 100 USDT!

Prizes

All prizes will be distributed into your Poloniex Exchange Wallet within two weeks after the competition ends on January 22nd.

Terms & Conditions

1. Promotion is subject to the XRP Futures Showdown Official Rules available at https://support.poloniex.com/hc/en-us/articles/1500000528502 (the “Official Rules”).
2. Promotion Period: 14 days - 20:00 UTC on 8th January 2021 to 19:59 UTC on 22nd January 2021.
3. Ranked users will be able to monitor their position and rank on a page hosted on the Poloniex site. The requirements to be ranked are as follows:
   1. To qualify for ranking, users must have set up their Poloniex Futures account and have a cumulative trading volume of at least 100 USDT.
   2. While the leaderboard data is scheduled to be updated on an hourly basis, there could be minor latency delays.
4. To qualify for any prize pool, users must be ranked and have a cumulative trading volume of at least 5,000 USDT in our XRP Futures contract over the competition period. “Trading Volume” is defined as the sum of all buys and sells users execute when trading on Poloniex Futures.
   1. Trading volume for a given trade is calculated using the size of the order multiplied by the price at which the order executed. Cumulative trading volume is calculated using the SUM of a user’s trading volume during the Promotion period.
   2. Deposits and withdrawals will not be taken into account when calculating Trading Volume.
5. The valid market that will count towards your Overall Volume is XRPUSDTPERP on Poloniex Futures.
6. The total prize pool for this Promotion for all Participants is 15,000 USDT. 
   1. For the “1st - 5th Places,” “6th - 20th Places,” “21st - 50th Places,” and “51st - 100th Places” prize pools, users who come in 1st through 100th place will receive a portion of the pool proportional to their cumulative trading volume with respect to other users that qualify for that prize pool. Users in 1st through 100th place are not eligible for the “All Traders” prize pool.
   2. For the “All Traders” prize pool, all eligible users will receive an evenly split amount of the pool among other users that qualify for this prize pool.
   3. For the “Lucky Traders” prize pool, 12 traders who have a minimum volume of 2,500 USDT will be selected at random to win from a bonus prize pool. The total prize pool will be distributed evenly among the 12 lucky winners.
7. Reward distribution: rewards will be distributed to the eligible Participants’ Poloniex account within two weeks after the Promotion ends.
8. We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based in a prohibited country. For further details, please refer to our Official Rules, Section 1.
9. If we determine that an individual has used multiple accounts in order to win multiple prizes, we will distribute only one reward to that individual. We will distribute the most valuable of the rewards, as determined by the USD value.
10. The rules of the promotion 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. For further details, please refer to our Official Rules.