Litecoin Lights Pionex — $10,000 of LTC (Litecoin) & Bounty to Give Away

Pionex
Pionex
Published in
3 min readAug 20, 2019

With the support of Litecoin Chinese community, we’re going to co-host a Litecoin Grid Trading Competition and give away $10,000 worth of Litecoin and VNS.

📅 Competition Period: 2019/08/21 02:00 ~ 2019/08/31 02:00 (UTC)

Prizes and Rules

To be eligible for the award I and II, you need to create a Litecoin Grid Trading Bot and meet the requirements:

  • Start an LTC grid trading bot (LTC/XX) with more than $500 USDT.
  • The bot should generate more than 50 transactions and last for more than 48 hours.

I. Participate Awards — 0.1 Litecoin for Every Participant

Prize: 0.1 LTC (Litecoin) for every eligible participant.

  • First come, first served. Only the first 200 participants can get the awards.
  • Participants need to have a net deposit with more than $500 USDT worth of assets to Pionex during the event period.

Net deposit = (All deposits) — (All withdrawals)

II. Annualized Profit King — $5000 Worth of VNS to Give Away for 50 Winners

You’re able to create multiple bots. The highest annualized profit will be recorded as your score on the leaderboard.

  • Notes: the Annualized Return is calculated by deducting the trading fee of different exchanges without calculating rebates and discounts, etc.

III. Trading Volume King — Up To $3000 worth of Litecoin to Split

Top 10 winners of the trading volume king can share a pool of Litecoin according to their trading volume. Only the volume from the grid trading bot with the base of LTC, BTC, and ETH will be counted. (eg. LTC/XX, BTC/XX, ETH/XX)

The size of the Litecoin Pool will vary according to the sum of Top10 players:

  • $1000 worth of Litecoin Pool: the total trading volume of the top 10 players reach 2 Million USD
  • $2000 worth of Litecoin Pool: the total trading volume of the top 10 players reach 3 Million USD
  • $3000 worth of Litecoin Pool: the total trading volume of the top 10 players reach 5 Million USD

Top 3 Winners will get extra BUB token as awards

Pionex Trading Competition Terms

  • Pionex reserves the right to disqualify accounts that are deemed to be engaging in wash trading or display attributes of market manipulation.
  • Rewards will be issued within 7 days after the competition ends.
  • Pionex reserves the right to cancel or amend any activity or activity rules at our sole discretion.
  • Trading volume stats will now be updated every hour.

Risk warning: Cryptocurrency investment is subject to high market risk. Pionex is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make your investments with caution.

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