We love showing our appreciation for our community, which is why we’ve brought back the popular Margin Trading Race! This time, we are giving away USD 50,000 worth of CRO to both new and existing margin traders in a two-part campaign.

Simply create a Margin Wallet and start trading to participate!

Campaign Period: 2 July 2021 at 07:00 UTC - 2 August 2021 at 00:00 UTC

Part 1 - Margin trade at least USD 500 to win a share of USD 20,000 in CRO

Part 1 Eligibility Requirements:
1. Have a Margin Wallet in the Crypto.com Exchange
2. Perform Margin Trading on the Crypto.com Exchange
3. Attain a Margin Trading Volume of at least USD 500 during the Campaign Period


Margin Trading Volume = Margin Trading Buys + Margin Trading Sells

Part 2 - The top 100 traders will win a total of USD 30,000 in CRO

The top 100 traders ranked by Margin Trading Volume will compete to win a share of USD 30,000 in CRO, with the Rank 1 winner taking home USD 5,000 of CRO.

Rank by Trading Volume

CRO Prize Per Winner (USD Equivalent)

1st

$5,000.00 

2nd

$3,000.00 

3rd

$2,000.00 

4th - 10th

$1,000.00 

11th - 50th

$200.00 

51th - 100th

$100.00 

Part 2 Eligibility Requirements:
1. Complete identity verification in the Crypto.com Exchange by attaining “KYC Advanced” status
2. Perform Margin Trading on the Crypto.com Exchange
3. Have a Margin Trading Volume of at least USD 5,000 during the Campaign Period

Users can be rewarded for both Part 1 and Part 2 of the campaign.

What is Margin Trading?

Margin Trading allows users to amplify their trading profits through borrowed funds during both up and down market movements. Users can access up to 3x leverage for eligible pairs. The Crypto.com Coin (CRO) powers Margin Trading with additional utility, offering preferential interest rates—as low as 0.008% per day—to users who stake CRO.

Check out our step-by-step video guides on How to Set Up Your Margin Trading Account and Use your Margin Trading Account.

Useful Links:

  • Join us on Telegram to connect with our community.
  • Refer to this FAQ for the latest list of supported margin trading pairs.
  • Refer to this Margin Trading FAQ for more details about borrowing limits, and interest rates.

Notes:

  • Any trades that are executed through bad trading practices in Crypto.com’s absolute opinion, including but not limited to wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation (“Disqualified Trades”) will not be counted towards the transaction volume of the participant.
  • Margin trading geo-restrictions apply, please refer to this list for the excluded jurisdictions.
  • The prizes for Part 1 of the campaign will be split equally between all eligible participants. Each eligible participant can receive a maximum of USD 50 of CRO.
  • A weekly leaderboard will show the top 10 eligible participants for Part 2 of the campaign and their ranking by Margin Trading Volume share percentage. The eligibility of participants will be verified by Crypto.com after the campaign ends and the final results will be published.
  • Users can be rewarded for both Part 1 and Part 2 of the campaign.
  • Crypto.com reserves the right to cancel or amend the campaign rules at our sole discretion.
  • The CRO prizes will be deposited into the winner’s CRO Wallet in the Crypto.com Exchange within 21 days after the Campaign End Date.
  • All personal data collected is used strictly for verification purposes only.
  • By accepting the prize, winners agree to the Privacy Notice of Crypto.com, which is published at crypto.com/en/privacy/global.html.

Important Note on Margin Trading

YOU MUST SEEK PROFESSIONAL ADVICE REGARDING YOUR PARTICULAR SITUATION BEFORE CONDUCTING MARGIN TRADING. THE RISK OF LOSS IN FINANCING A TRANSACTION USING BORROWED VIRTUAL ASSETS CAN BE SUBSTANTIAL. YOU MAY LOSE ALL OR MORE THAN THE VIRTUAL ASSETS YOU PLACE TO SECURE THE BORROWED VIRTUAL ASSETS. YOU MAY BE CALLED UPON AT SHORT NOTICE TO MAKE ADDITIONAL VIRTUAL ASSET CONTRIBUTIONS. IF YOU DO NOT MAKE SUCH CONTRIBUTIONS WITHIN THE PRESCRIBED TIME, YOUR VIRTUAL ASSETS MAY BE LOST WITHOUT FURTHER NOTICE TO YOU. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH ARRANGEMENTS ARE SUITABLE FOR YOU IN LIGHT OF YOUR INVESTMENT OBJECTIVES, FINANCIAL CIRCUMSTANCES, YOUR TOLERANCE TO RISKS AND YOUR INVESTMENT EXPERIENCE. YOU SHOULD BE CAPABLE OF BEARING A FULL LOSS OF THE AMOUNTS INVESTED AS A RESULT OF OR IN CONNECTION WITH ANY ORDER AND ANY ADDITIONAL LOSS OVER AND ABOVE THE INITIAL AMOUNTS INVESTED THAT MAY BECOME DUE AND OWING BY YOU. IN CONSIDERING WHETHER TO TRADE OR INVEST, OR USE ANY MARGIN TRADING FACILITY OR OTHER SERVICE, YOU SHOULD INFORM YOURSELF AND BE AWARE OF THE RISKS GENERALLY, AND IN PARTICULAR SHOULD NOTE THE SPECIFIC RISK FACTORS WHICH MAY APPLY.