This Week in the Trading Arena: The Perpetual Futures Trading Competition
Stand to win up to US$1,000 of USDC by trading at least US$10,000 worth of perpetuals
The Perpetual Futures Trading Competition is live in the Trading Arena!
A US$5,000 prize pool is up for grabs, and the top trader will win US$1,000 of $USDC. Participate by trading at least US$10,000 worth of perpetual futures.
Campaign Period: 31 July 2024, 07:00 UTC – 14 August 2024, 06:59 UTC
How to participate*:
- Sign up or sign in to the Crypto.com Exchange
- Register for the Perpetual Futures Trading Competition* in the Trading Arena
- Trade at least US$10,000 worth of perpetual futures, and the top 20 traders by Perpetual Contract Trading Volume will be ranked by their individual net profit and loss** during the Campaign Period
*This campaign is available in eligible jurisdictions only
**‘Net profit and loss’ as stated is expressed as follows: [(contract open cost – closing cost) – fees] * 100%
The top 20 traders ranked by Perpetual Contract Trading Volume for the eligible perpetual futures (“Selected Entrants”) will receive a reward of up to US$1,000 of USDC, which will be distributed according to the table below:
Rank (by Spot Taker Trading Volume) | Prize (USDC Equivalent) |
---|---|
1 | $1,000.00 |
2 | $700.00 |
3 | $600.00 |
4 | $500.00 |
5 | $400.00 |
6 | $300.00 |
7 | $250.00 |
8 | $200.00 |
9 | $175.00 |
10 | $125.00 |
11-20 | $75.00 |
Total Reward Pool: US$5,000 of USDC
Campaign Rules:
– The Perpetual Futures Trading Competition Limited Offer (the “Campaign”) is offered by Crypto.com to Crypto.com Exchange users. Only available in certain jurisdictions.
– Specifically, this campaign is unavailable in the UK and Canada. Participation from UK or Canadian residents or individuals accessing this campaign from the UK or Canada is prohibited.
– Trading of Perpetuals on the Crypto.com Exchange is further subject to jurisdictional limitations.
– Participation in the Campaign is strictly voluntary on your part.
– In addition to these rules, please refer to the Official Rules for Limited Offer for further rules regarding eligibility.
– Any trades that are executed through bad trading practices in Crypto.com’s absolute opinion, including, but not limited to, wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation (“Disqualified Trades”) will not be counted toward the trading volume of the participant.
– Participants of the Campaign must have successfully completed KYC verification,all other onboarding procedures specified on the Crypto.com Exchange, and comply with all Campaign rules provided by Crypto.com to be eligible.
– Crypto.com will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Crypto.com.
– Crypto.com reserves the right to cancel, suspend, or postpone the Campaign or amend the Campaign rules at our sole discretion without notice to you.
– The determination of Selected Entrants shall be subject to Crypto.com’s sole and final discretion.
– The rewards will be deposited in USDC into each Selected Entrant’s account on the Crypto.com Exchange within 21 days after the Campaign End Date.
– All Selected Entrants will receive a confirmation email within 21 days after the Campaign End Date.
– By participating in the campaign, the participant acknowledges having read these rules and the Crypto.com Global Marketing Privacy Notice, which is published at https://crypto.com/privacy/marketing, and acknowledges that Crypto.com will use the information provided for the purposes of identity verification, assessing the participant’s eligibility to participate in the Campaign, Leaderboard inclusion, and prize redemption.
– The Participant acknowledges that the masked User IDs of the participants included in the Leaderboard will be announced publicly on X (formerly Twitter).
– Nothing contained herein shall be construed to be financial advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy, or sell any virtual assets. Purchasing cryptocurrencies involves a high degree of risk, and there is always the possibility of loss, including the loss of all or a substantial amount of your purchase price. Please seek professional advice before making any financial, investment, or trading decisions.
– Leaderboard rankings do not confer, guarantee, represent or imply eligibility or entitlement for any competitions, giveaways, offers or other campaigns (“Events”), or prizes from such Events, during that period. Participation in any Event is subject to applicable rules and eligibility criteria, governed by the terms and conditions specific to that Event, and subject to confirmation at the sole and absolute discretion of Crypto.com.
– In the event of any dispute, Crypto.com reserves the right to make all final decisions regarding the Campaign.
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