As our Poloniex Futures: Beta Trading Competition comes to a close, we hope you’ve been able to test out your Futures trading strategy and get familiar with trading on Poloniex Futures. We’ve heard such great feedback on our beta and we’re excited to fully launch Poloniex Futures on August 4th! As we get closer to our full launch, we’re also getting closer to our first trading competition with a fully functional Poloniex Futures exchange.

From August 6, 2020 at 13:00 UTC to August 27, 2020 at 12:59 UTC, our customers can trade on Poloniex Futures and earn daily and overall prizes from a total pool of 80,000 USDT!

Before we launch out of beta and start the competition, we’ll clear out any existing demo money and Futures trading history from customers’ Poloniex Futures wallets. To clear our existing demo money and prepare for our full launch, we’ll temporarily suspend trading on Poloniex Futures following our second trading competition on August 4th at 12:00 UTC for about 24 hours.

Competition Period: August 6, 2020 at 13:00 UTC to August 27, 2020 at 12:59 UTC

You have 21 days, beginning on August 6th, to race to the top of our trading volume leaderboard by trading the most volume on Poloniex Futures and to the top of our PnL leaderboard by making the most profit. You can earn daily prizes by being in the top three traders each day and you can win even more by continuing to trade throughout the competition. 

During this competition, every Futures trader with at least 5,000 USDT in trading volume (as defined in the Terms and Conditions below) at the end of the competition will win from a total prize pool of 80,000 USDT!

Daily Trading Volume Prizes

Overall Trading Volume Prizes

Overall PnL Prizes

All Other Traders will share a pool of 4,400 USDT. Prizes will be distributed into your Poloniex exchange wallet within two weeks after the competition ends on August 27th.

Terms & Conditions

1. Promotion is subject to the Poloniex Futures Trading Tournament Official Rules available at https://support.poloniex.com/hc/en-us/articles/360051689754 (the “Official Rules”).
2. Promotion Period: 21 days - 13:00 UTC on 6th August 2020 to 12:59 UTC on 27th August 2020.
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 PnL prize pool, users must have a cumulative trading volume of at least 5,000 USDT and have positive PnL over the competition period. “PnL” is defined as the total realized profit when trading on Poloniex Futures.
1. Realized profit is calculated using the difference between the entry price and exit price of your positions and will take any trading fees you pay into account.
5. To qualify for any Trading Volume prize pool, users must be ranked and have a cumulative trading volume of at least 5,000 USDT 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.
6. The only valid market that will count towards your Daily and Overall Volume is BTCUSDTPERP on Poloniex Futures.
7. The total prize pool for this Promotion for all Participants is 80,000 USDT. 
1. For the “1st - 5th Places,” “6th - 20th Places,” “21st - 50th Places,” and “51st - 200th Places” prize pools, users who come in 1st through 200th place will receive a portion of the pool proportional to their cumulative trading volume or total PnL with respect to other users that qualify for that prize pool. Users in 1st through 200th 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.
8. Reward distribution: rewards will be distributed to the eligible Participants’ Poloniex account within two weeks after the Promotion ends.
9. 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.
10. 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.

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.