Crypto exchange Poloniex has announced its futures trading championship. The event will last 20 days – from April 19 to May 9.

Investors will compete in four categories: Referral Contest, Team Battle and Absolute Profit and PnL Trading Contests.

Referral contest, prize pool — 25,000 USDT

Conditions: Invite your friends and collect points for their activities. A referral can bring a participant up to 10 points.

Record: in google form.

Awards: Poloniex will distribute 20,000 USDT proportionally to the number of points among the participants. 1000 participants will receive 5 USDT for their first futures trade.

Teamfight, prize pool — 30,000 USDT

Conditions: Build a team and trade futures. The larger the trading volume, the greater the rewards.

Record: in google form.

Awards: Poloniex will pay out 50 winners with fixed prizes ranging from 10,000 to 50 USDT, and the other teams will share 1,500 USDT.

Absolute Profit and PnL competitions, prize pool — 25,000 USDT

Conditions: trading futures. Participants with the highest absolute profit in USDT and the best profit-to-deposit ratio will win.

Registration: Google Form.

Awards: The exchange will reward winners between 3000 and 50 USDT, the remaining participants will share 1000 USDT. 5 USDT bonus will be given to the first 1000 participants.

More details about the rules and rewards can be found on the championship page.

Poloniex is one of the oldest cryptocurrency exchanges operating since 2014. The platform supports spot and futures trading on over 200 pairs.

Previously, ForkLog released educational cards about the future.