Poloniex's USDT-margined perpetual futures, which offers 1x–100x leverage, hedging, and arbitrage opportunities, has been popular among our customers since its launch. In response to our community's enthusiasm, we are launching the "Poloniex 1st Futures Championship" campaign to give away up to 80,000 USDT. Join the campaign to earn a share of the prize!
Campaign Period: 20 days, April 19, 2022 at 10:00 - May 9, 2022 at 09:59 (UTC)
The Futures Championship consists of:
- Referral challenge
- Team battle
- Trading contest (by profit)
- Trading contest (by profit rate)
Promotion 1: [Referral Challenge: Enable Futures to Win from 25,000 USDT]
Users can earn points by signing up for the promotion via the registration form and completing referral tasks. A pool totaling 20,000 USDT trial funds will be given out to all participants in proportion to their points.
- Margin trader bonus: Poloniex margin traders will receive a 5 USDT trial fund when they complete their first futures trade of any amount. A total of 5,000 USDT trial funds await the first 1,000 users who qualify!
Points are calculated according to the rules below:
Promotion 2: [Team Battle: Compete to Win from 30,000 USDT]
To sign up for the promotion, a user must fill in the registration form to apply to be a team captain. All new and existing users invited by the captain will join the team as members. Qualified teams will be ranked by the combined futures trading volume of both the captain and members during the promotion and bring home a share of 25,000 USDT!
- Captain bonus: Captains with a qualified team will receive a 5 USDT trial fund after completing Level 2 verification. Captains with newly created accounts can receive a 10 USDT trial fund. A total of 5,000 USDT trial funds are offered on a first-come-first-served basis.
Team's Battle Rewards:
1. Team rankings and rewards:
2. Team roles and rewards:
Promotion 3: [Trading Contest: Trade to Win from 25,000 USDT]
Users must fill in the registration form to sign up for the contest. All qualified participants will be ranked based on their profit and profit rate, and have a chance to win from the 20,000 USDT prize pool of the Trading Contest.
- Individual trader bonus: The first 1,000 qualified participants in the Trading Contest can earn a 5 USDT trial fund after completing Level 2 verification. The reward pool totals 5,000 USDT trial funds.
Trading Contest rewards:
1. Trading Contest (ranked by profit):
2. Trading Contest (ranked by profit rate):
Rules
- Campaign Period: 20 days, April 19, 2022 at 10:00 - May 9, 2022 at 09:59 (UTC)
- Promotion 1: [Referral Challenge: Enable Futures to Win from 25,000 USDT Trial Funds]
- Requirement: Users can earn proportionate points by signing up for the promotion via the registration form and inviting friends to enable futures, make their first transfer to the futures account, or trade futures for the first time (both new signups and existing users who haven't enabled or traded in futures are eligible).
- To be counted for referral tasks, all users invited to “enable futures” or “make their first transfer to the futures account” are required to complete Level 2 verification;
- Reward distribution: A prize pool totaling 20,000 USDT trial funds will be shared by all registered users in proportion to their points earned as compared with the total.
- Margin trader bonus: Poloniex margin traders will receive a 5 USDT trial fund when they make their first futures trade of any amount. A total of 5,000 USDT trial funds await the first 1,000 participants!
- Promotion 2: [Team Battle: Compete to Win from 30,000 USDT]
- Requirement: To sign up for the promotion, a user must fill in the registration form to apply to be a team captain. All new and existing users invited by the captain will join the team as members. Qualified teams will be ranked by their futures trading volume (including that contributed by both the captain and members) during the promotion and bring home a share of 25,000 USDT!
- Reward allocation within winning teams: The captain of the winning team will win 50% of the total reward. Those with no futures trades cannot receive any reward; if there is only one member under the captain, this member can receive the entire 25% of the team's reward without additional requirements;
- Captain bonus: Captains that have signed up for the promotion and built a qualified team will receive a 5 USDT trial fund after completing Level 2 verification. Newly created accounts that become captains can enjoy a double trial fund of 10 USDT. A total of 5,000 USDT trial funds are offered on a first-come-first-serve basis. 500 seats only!
- Qualified team: Each team must contain at least two members (including the captain). No limit is set on the number of team members. Each qualified team must maintain a futures trading volume of at least 1,000 USDT during the promotion.
- Promotion 3: [Trading Contest: Trade to Win from 25,000 USDT]
- Requirement: Users must fill in the registration form to sign up for the contest. All qualified participants will be ranked based on their profit and profit rate and have a chance to win from the 20,000 USDT prize pool of the Trading Contest.
- Ranking requirement: Only traders with a profit of at least 1 USDT will be ranked in the Trading Contest (ranked by profit); only traders with a positive profit rate will be ranked in the Trading Contest (ranked by profit rate).
- Qualified participants: During the campaign, users who signed up, traded for two or more effective trading days (their daily futures trading volume must be positive), and with a cumulative futures trading volume of 500 USDT or more are defined as qualified participants.
- Trader bonus: During the promotion, the first 1,000 qualified participants in the Trading Contest can earn a 5 USDT trial fund after completing Level 2 verification. A total of 5,000 USDT trial funds are offered on a first-come-first-served basis. 1,000 seats only!
- This promotion is not open to market makers.
- Definitions and explanations:
- You can log in to Poloniex to view your referral code/link;
- Futures trading volume = Futures buys + Futures sells. Trading volume is calculated in USDT; Opening and closing positions of the day all count as effective trading volume;
- Formulas for calculating the profit and profit rate for Trading Contest are as follows:
- Profit on futures trading = Balance in the futures account by the end of the contest (including unrealized PnL and trial funds) - Balance in the futures account at the start of the contest (including unrealized PnL and trial funds) + Amount transferred out of the futures account throughout the contest - Amount transferred into the futures account throughout the contest
- Profit rate on futures trading = [Profit on futures trading / (Balance in the futures account at the start of the contest + Deposits into the futures account throughout the contest) ] *100%
- Reward distribution: All rewards will be distributed to your futures account within 10 business days after the campaign ends.
- Trial fund rewards: The trial fund rewards will be credited to your futures account and will be valid for 90 days and recycled upon expiration. Please check your account in time. For details, please see Poloniex Futures Trial Fund Rules.
- We are unable to distribute rewards or trial funds to customer accounts that are frozen, closed, or based in a prohibited country. Users in the following countries/regions are not eligible for futures trading: Antigua and Barbuda, Algeria, Bangladesh, Bolivia, Burundi, Burma, Côte D'Ivoire (Ivory Coast), Crimea and Sevastopol, Cuba, Democratic Republic of Congo, Ecuador, Iran, Iraq, Libya, Mali, Morocco, Magnitsky, Liberia, the Chinese Mainland, North Korea, Nepal, Seychelles, Somalia, Sudan, Syria, Venezuela, and Zimbabwe.
- The rules of the promotion shall be subject to Poloniex’s interpretations 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: The futures contract is an innovative financial product that involves high risk and requires extensive knowledge. Please take caution when making trading decisions. Thank you for supporting Poloniex!
Poloniex Team
April 15, 2022