1st Competition
The 1st LeverageX Trading Competition will run from October 1st to October 29th, 2024. A total prize pool of 3,000 USDT will be distributed among all the winners.
Dates
1st week: Onboarding / no Trading
KW40
Tuesday, 1st Oct 10:00 am UTC - Tuesday, 8th October 10:00 am
2nd/3rd week: Trading and Join
KW41-42
Tuesday, 8th Oct 10:00 am UTC - Tuesday, 22nd October 10:00 am
4th week: Only Trading / no Join
KW43
Tuesday, 22nd Oct 10:00 am UTC - Tuesday, 29th October 10:00 am
How to Join
Connect your wallet (e.g. MetaMask) with Base Testnet (1st Trading Competition) and create a trader profile
Join or create a community (it is mandatory to be in one community)
Trade and secure a spot in the top positions
How to Win
Communities with the highest volume and traders with the most profit will win in total 3,000 USDT.
Top Communities
1st place: 1,000 USDT
2nd place: 400 USDT
3rd place: 100 USDT
Top Single Traders
1st place: 1,000 USDT
2nd place: 400 USDT
3rd place: 100 USDT
Only trades closed before 10:00 on October 29th, 2024, will be counted. Open trades will not be included. Only trades made with the specified test funds (xWBTC, xWETH, xUSDC) will be considered.
Participation Requirements
Each participating wallet/user will receive test net tokens worth 10,000 USD to be used as collateral.
The tokens will be split into three different assets and will be sent to the participant's wallet until the start of the competition (beginning of week 2).
xWBTC (33%)
xWETH (33%)
xUSDC (33%)
A wallet address can receive trading funds only once
Users are allowed to participate with multiple addresses
How to Get Trading Competition Test Funds?
For users who join during week 1 of the onboarding phase (October 1st - October 8th), the $10,000 trading competition test funds will be automatically distributed just before the start of trading on October 8th.
For users who sign up during week 2 or week 3, the test funds will be distributed automatically. That the app distributes the test funds on a specific time of the day, it can take some hours that you will see them in the app but for sure within 24 hours.
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