Dear Poloniex Users,
In appreciation of your strong support towards Poloniex futures, we are excited to launch the August Futures Trading Competition with prize pools of 50,000 USDT. We welcome both new and existing users to join in!
Event Period: 12:00 (UTC) on August 18, 2023 - 11:59 (UTC) on August 28, 2023
How to Participate:
Step 1: Log in to your Poloniex account (If you don't have an account, click here to sign up>>>).
Step 2: Fill out the form to register for this competition.
Applicable Trading Pairs: All USDT-margined perpetual futures available on Poloniex
Event 1: Share 5,000 USDT for New Futures Traders
During the event period, new futures traders who reach a cumulative futures trading volume of ≥500 USDT will receive a 2 USDT futures trial fund. The total prize pool is 5,000 USDT in futures trial funds. Rewards will be given on a first-come, first-served basis based on the timing of participants' first trades during the event period.
*New futures traders refer to users who have never performed futures trades on Poloniex before this event.
Event 2: Trade Futures Daily to Split 25,000 USDT
During the event period, participants whose futures trading volume reaches 5,000 USDT on a single day will be deemed as having a valid trading day. They can grab a share from the 25,000 USDT futures trial fund prize pool according to the number of their valid trading days.
- 10 valid trading days: A 50 USDT futures trial fund from the 5,000 USDT prize pool
- 7 valid trading days: A 20 USDT futures trial fund from the 8,000 USDT prize pool
- 5 valid trading days: A 10 USDT futures trial fund from the 7,000 USDT prize pool
- 3 valid trading days: A 5 USDT futures trial fund from the 5,000 USDT prize pool
*Each eligible participant can only receive rewards once, based on the highest reward amount the user can earn. Participants who attain the same number of valid days may be moved down to a lower tier based on their rankings of the cumulative trading volume. For example, if there are a total of 410 participants who have achieved 7 valid trading days, the participants ranking in the last 10 places based on their trading volume will be moved to the tier of 5 valid trading days.
Event 3: Hit Trading Leaderboard to Split 20,000 USDT
During the event period, participants who reach a cumulative futures trading volume of ≥10,000 USDT will win a share of 20,000 USDT in futures trial funds according to their volume rankings.
Rank | Min Trading Volume Requirement (USDT) | Reward (USDT) |
1st | ≥ 5,000,000 | 3,000 |
2nd | ≥ 3,000,000 | 2,000 |
3rd | ≥ 2,000,000 | 1,100 |
4th - 20th | ≥ 500,000 | 200 per winner |
21st - 50th | ≥ 100,000 | 50 per winner |
51st - 100th | ≥ 50,000 | 20 per winner |
Beyond 100th | ≥ 10,000 | Share 8,000 USDT in proportion to their trading volume (Up to 10 USDT per winner) |
Join the futures community to reap more exclusive rewards!
Event Rules:
1. Users need to fill out the registration form to be eligible to participate in the event.
2. This event is not open to market makers or negative fee users.
3. 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:
(1) Inside information must be kept strictly confidential and must not be disclosed to any non-insider personnel (including family and relatives) inside or outside Poloniex.
(2) Insiders are not permitted to use their corporate or personal accounts to trade on Poloniex.
4. Rewards are in the form of futures trial funds and will be distributed to winners' Poloniex accounts within 15 working days after the event ends.
5. We are unable to distribute rewards to users whose accounts 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").
6. 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 contract is an innovative financial instrument that involves high risk and requires extensive knowledge. Please take caution when making trading decisions. Thank you for supporting Poloniex!
Poloniex Team
August 18, 2023
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