- This Trading Contest will be on UniSwap. Uniswap is a trustless decentralized way to trade on Ethereum. You always stay in control of your funds.
- Your account must have a minimum of 100 USDC or 1000 eXRD to be able to register for this competition.
- In order to qualify you must make at least 1 trade during the competition.
- Depositing USDC or eXRD during the competition can impact your calculated trade performance negatively.
- The entire Trading Contest runs from January 15 2021 to February 22 2021
There will be 2 rounds of trading.
- Round 1: Jan 15th 4h PM CET to Jan 25th 4h PM CET
- Round 2: Jan 29th 4h PM CET to Feb 08th 4h PM CET
- After each round the winners will receive prizes
- The only trading pair for this contest is USDC/eXRD on UniSwap.
- Trades with any other trading pair will not be calculated for your Trade Performance.
Initial Account Value
- Your USDC + eXRD value (at current market price) will be recorded as your Initial account value.
- Your account value and performance is determined by using the eXRD/USDC market price from UniSwap
Your Initial account value is recorded is either
- at the beginning of each round, or
- at the moment of your registration, if you register after the round has already begun.
How your Trade Performance is calculated
- USDC value + eXRD value in USDC = account value
- Throughout the competition we track your Account value and compare it with your initial account value (recorded at Contest Start / registration) to evaluate your gain.
- Further deposits of eXRD or USDC will be ignored by our tracking system.
- If after a deposit you buy/sell more than is accounted for by the recorded balance of our system the rest of the trade and resulting gains will be ignored.
- The goal is to have the highest percentage gain over your Account value by making USDC/eXRD trades
- Changes to Account value, through trades and market price changes will be counted as your Trading Performance.
- The 50 traders with the highest percentage of gain at the end of each round will receive Prizes to their registered Ethereum address.
Each round the following prices will be handed out:
- 1st: 10,000 USDC
- 2nd: 3,000 USDC
- 3rd: 1,000 USDC
- 4-10th: 500 USDC
- 11-50th: 100 USDC
- Prizes will typically be paid out within 24 hours after a trading round has ended.
- For security reasons payouts are processed manually and as such in rare cases it can take longer than 24 hours.
- After registration you receive a unique referral link that you can share with friends and on social media.
- For each trader that joins with your link you will receive a Referral Bonus of 10$
- Each referred trader has to make at least 5 trades before the end of the entire competition to qualify as a valid referral
- Only the first 1000 valid referrals will be rewarded with $10. So be fast to share your referral link before others claim all Referral Bonuses
- The Referral Bonus will be paid out after the entire competition has ended.
- Withdrawing your trade balance before the contest has ended will disqualify you from receiving prizes.
- Fair play rule: Usage of Bots is forbidden. If we detect activity such as, but not limited to, frontrunning of orders, your account will be disqualified from all rounds and you will not receive any prizes.
- We reserve the right to disqualify trades that are deemed to be wash trades, self-dealing or display attributes of market manipulation, etc.
- We reserves the right to cancel or amend the campaign or Terms & Conditions at our sole discretion..
- Risk warning: Buying, selling, holding and partaking in trading of cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in significant loss. We are not responsible for any loss that you may incur from price fluctuations when you buy, sell and hold cryptocurrencies.