We’re holding a 5 day Tokenlon Trading Competition to celebrate our recent Tokenlon (LON) listing.
Competition Period: January 6th, 2021 at 17:00 UTC to January 11th, 2021 at 16:59 UTC
Customers have 5 days, beginning on January 6th, to race to the top of our trading leaderboard by trading in our new LON market: LON/USDT.
During this competition, the top 40 LON traders with trading volume (as defined in the Terms and Conditions below) at or above 650 LON across USDT pairs will win from a total prize pool of 5,000 USDT.
Position |
Reward |
1st-5th Places |
Share a pool of 1,500 USDT |
6th-10th Places |
Share a pool of 1,250 USDT |
11th-20th Places |
Share a pool of 1,250 USDT |
21st-40th Places |
Share a pool of 1,000 USDT |
Prizes will be distributed within two weeks after the competition ends on January 11th.
Terms & Conditions
- Promotion is subject to the Tokenlon Trading Competition Official Rules available at https://support.poloniex.com/hc/en-us/articles/1500001296102 (the “Official Rules”).
- Promotion Period: 5 days - 17:00 UTC on 6th January 2021 to 16:59 UTC on 11th January 2021.
- Some users will be able to monitor their position and rank on a page hosted on the Poloniex site. The requirements to be able to receive a Trading position and ranking position are as follows:
- Users who have traded greater than or equal to 40 LON in trading volume will be ranked among other qualifying users and will be able to see their cumulative trading volume.
- To qualify for any prize pool, users must trade greater than or equal to 650 LON in trading volume during the competition period.
- While the leaderboard data is scheduled to be updated on an hourly basis, there could be latency delay.
- “Trading Volume” is defined as the sum of a user’s total buys and sells on Poloniex. We calculate Trading Volume in the following way:
- Trading Volume = Sum (executed buys of LON pairs) + Sum (executed sells of LON pairs)
- Depositing or withdrawing via Poloniex will not be factored into the Trading Volume calculation.
- The valid LON market that will count towards LON trading volume is LON/USDT.
- For the “1st - 5th Places,” “6th - 10th Places,” “11th - 20th Places,” and “21st - 40th Places” prize pools, users that come in 1st through 40th 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.
- Reward distribution: rewards will be distributed within two weeks after the Promotion ends.
- We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based out of a country in our prohibited countries list. For further details, please refer to our Official Rules.
- 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 final interpretative decision and 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.