Are you ready to put your Litecoin (LTC) trading skills to the test?
The Coins.ph Litecoin Trading Competition is here, offering the chance to win one of seven exclusive Ballet wallets—each pre-loaded with 6.25 LTC, worth over Php 25,000!
Here’s everything you need to know to participate and increase your chances of winning.
Competition Details
Duration: The competition kicks off on January 15, 2024, at 12:00 NN (Philippine Time) and wraps up on February 9, 2024, at 11:59 PM (Philippine Time).
Prize: Each of the top 7 traders will receive a Ballet wallet containing 6.25 LTC. These wallets are unique collector’s items, crafted with 50 grams of silver and provide a secure, cold storage option for your Litecoin.
How to Participate in the Litecoin Trading Competition
Participating is simple! Follow these steps:
- Account Verification: Ensure your Coins.ph account is at least Level 2 verified.
- Trade Litecoin (LTC): Buy or sell LTC during the competition period. Both Coins Convert (Buy/Sell) and Coins Pro trades contribute to your total trading volume.
- Monitor Your Volume: Your total trading volume in LTC from both Coins Convert and Coins Pro will determine your ranking.
Eligibility Criteria
- Only Coins.ph users with Level 2 verification or higher are eligible to compete.
- Traders must use verified accounts to participate.
How Winners Are Chosen
Winners are determined based on total trading volume in LTC throughout the competition. Here’s the breakdown:
- Top 7 traders with the highest LTC trading volumes will win.
- In the event of a tie in trading volume, the trader with the greater number of trades will rank higher.
Winners will be announced within five (5) business days after the competition ends and will be notified via email or mobile. Prizes will be dispatched within two (2) weeks of the winner announcement.
FAQs
Q: Do I need to register separately for this competition?
A: No separate registration is needed. Just start trading LTC on Coins.ph during the competition period to qualify.
Q: How is my total trading volume calculated?
A: Total trading volume includes all buy and sell LTC transactions on Coins Convert and Coins Pro throughout the competition.
Q: Can I win more than one Ballet wallet?
A: Each winner can only receive one Ballet wallet.
Q: How will I know if I won?
A: Winners will be notified via their registered email or mobile number and announced on Coins.ph’s official channels.
Q: What is a Ballet Wallet?
A: A Ballet Wallet is a cold storage wallet for securely storing cryptocurrencies like LTC, with no online connectivity, enhancing your asset security.
Q: How does Coins.ph ensure fair competition?
A: Coins.ph actively monitors trades during the competition. Any participants displaying suspicious activity, such as market manipulation or self-dealing, will be disqualified.
Terms and Conditions
Coins.ph reserves the right to disqualify trades deemed to be wash trades, bulk registered accounts, or other forms of manipulation. Coins.ph may cancel or adjust the rules of the competition at its sole discretion.
