The $12,000 $DEFI Trading Showdown is launching on LCX. This competition gives traders the chance to win rewards by trading $DEFI/EUR. Read on to learn how to participate, the reward structure, and key details.
What is the $12,000 $DEFI Trading Showdown?
This trading competition offers a total prize pool of $12,000 in $DEFI for eligible traders on LCX. Participants must trade $1,000 or more on the DEFI/EUR pair to qualify for leaderboard rewards or participation prizes.
Key Dates to Remember
Timing is crucial for participating in this competition. Below are the important dates:
- Competition Start: March 7, 2025 (12 PM CET)
- Competition End: March 17, 2025 (12 PM CET)
- Rewards Distribution: March 19, 2025 (12 PM CET)
Who Can Participate?
To enter the $12,000 $DEFI Trading Showdown, traders must:
- Be a Level 2 verified LCX user or complete KYC verification.
- Trade at least $1,000 on the DEFI/EUR pair during the competition period.
- Ensure that both buy and sell orders count toward the trading volume.
- Note that market makers and high-frequency traders (HFTs) are not eligible.
How Are the Rewards Distributed?
The total prize pool is 162,000 $DEFI (~$12,000 equivalent). The top traders on the leaderboard will receive rewards based on their ranking.
Reward Details
| Rank | Reward (Each) in Token | Number of Winner(s) | Total |
| 1 | 25,000 | 1 | 25,000 |
| 2 | 18,000 | 1 | 18,000 |
| 3 | 14,000 | 1 | 14,000 |
| 4-5 | 11,500 | 2 | 23,000 |
| 6-10 | 8,500 | 5.00 | 42,500 |
| 11-20 | 4,000 | 10.00 | 40,000 |
Rewards will be distributed in $DEFI tokens on March 19, 2025.
How to Get Started?
Joining the competition is simple:
- Sign up or log in to your LCX account.
- Complete KYC verification if you haven’t already.
- Trade at least $1,000 on the DEFI/EUR pair between 7th – 17th March 2025.
- Monitor your ranking on the leaderboard.
Important Rules & Conditions
- The user must be a LEVEL 2 verified user or sign up on LCX.com and complete KYC.
- Users must trade at least $1000 on the DEFI/EUR pair on LCX between 2025-03-07 12 PM CET and 2025-03-17 12 PM CET to enter the leaderboard and/or get the participation rewards.
- Rewards will be distributed in $DEFI
- Trading volume includes both buy and sell orders.
- Prizes will be distributed by 2025-03-19 12 PM CET
- This contest is not applicable to traders who have preferential trading fee discounts, e.g., MMs, HFTs, etc., who are excluded from the contest.
- LCX reserves the right to reverse funds in cases where suspicious activity is detected or suspected, without prior notice.
- Rewards are void where restricted or prohibited by law.
- Rewards are limited to one per user and can only be redeemed once.
- LCX reserves the right, at its sole discretion, to amend or cancel the giveaway rules and announcement at any time and for any reason without prior notice.
Why join the $DEFI Trading Showdown?
This competition gives traders a chance to earn rewards while trading. Whether you’re aiming for a top leaderboard position or participation rewards, it’s an opportunity to maximize your trades with LCX.
Don’t miss out – start trading $DEFI/EUR today!
Disclaimer: This content contains forward-looking statements that involve inherent risks and uncertainties, and we might not be able to achieve the predictions, forecasts, projections and other outcomes we describe or imply in forward-looking statements. A number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates, and intentions we express in these forward-looking statements and in other public filings and press releases. We may not achieve all of the expected benefits of our strategic initiatives and partnerships. Factors beyond our control, including but not limited to the market and economic conditions, changes in laws, rules or regulations and other market challenges, could limit our ability to achieve some or all of the expected benefits of these initiatives. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product. Trading cryptocurrency is complex and comes with a high risk of losing money, particularly if you trade on leverage. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose.
Legal Disclosure: LCX is a regulated entity and gained regulatory approvals as a token generator, token issuer, exchange service provider, price service provider and other legal roles according to the Liechtenstein blockchain act. LCX is acting as a trusted technology service provider for this token sale. LCX and Monty Metzger are closely involved in getting compensation and fees paid in the project token and other assets. From time to time we will engage in transactions of our own tokens.
