The event will last for 21 days, includes only the buying or selling of the UDOO/BTC trading pair and is available solely on the ExMarkets.com cryptocurrency exchange. The total prize pool of the competition exceeds 600k UDOOs. All prizes will be transferred to participant accounts in 7 days after the event ends. No sales or withdrawals of UDOO should be made during those 7 days (does not apply to the lucky trader competition).
* All bonuses are attributed on the ‘first come – first served’ basis.
Depositor prize:
(D1) For each 10k UDOO, you’ll receive a bonus of 100 UDOO (max. 1000 UDOO);
(D2) For each 0.01 BTC, you’ll receive a bonus of 100 UDOO (max. 1000 UDOO);
The total depositor prize pool is 160k UDOO tokens;
To be eligible for the prize you must trade the whole deposited amount at least once throughout the timespan of token competition (sell X amount of UDOO or buy X amount of BTC. You are allowed to buy/sell back afterwards). Multiple deposits are allowed until the bonus cap of 1000 UDOO is reached.
Buyer prize:
(B1) For each 2k UDOO, you buy and not sell - you will get 100 UDOO (max. 2000 UDOO);
(B2) Top 3 largest buyers will get standalone prizes: 20k UDOO, 15k UDOO, and 10k UDOO, respectively;
(B3) All buyers will split 200k worth of UDOO based on the total amount bought in (B1). The prize pool will be distributed on a percentage basis. The more you buy, the larger piece of the prize pool you will receive;
When the competition ends, all bonuses will be calculated and sent to competition participants through internal ExMarkets voucher system.
Lucky trader:
(L1) Each day the trader who will be the last buyer (bought 1000 tokens or more) before 22:00 GMT+8 will win 10k UDOO tokens.
Lucky trader prize will be attributed only from the second day of the token competition. Lucky trader prizes will be distributed within 48 hours after the winning trade. Token freeze rule does not apply to the lucky trader competition. Traders are free to use UDOO tokens they’ve won at their convenience.