CIPHER TRADING COMPETITION 2021
CIPHER (CPR) Trading competition — DAILY — WEEKLY — MONTHLY WINNINGS! and GRAND PRIZE
Announcement DATE — 28/06/2021.
We are pleased to announce CIPHER TRADING COMPETITION ON CIFINEX P2P EXCHANGE / lobstr.co / stellarterm.com
Competition period: 01/07/2021 00:00 AM (GMT) to 31/12/2021 00:00 AM (GMT).
All users will be ranked in terms of the total CPR trading volume traded on their CIFINEX account (including both buy and Sell orders) across CPR/XLM, CPR/XRP and CPR/USDC trading pairs during the competition period.
Main Trading pair:
CPR/XLM
Trading Exchange:
DAILY WINNING:
PRIZE: 1st prize 2nd prize and 3rd prize.
Minimum volume: 25000 CPR / day or Minimum volume 72 USD / day.
Example:
1st prize Minimum 25000 CPR volume. Reward 1250 CPR
2nd prize Minimum 24000 CPR volume. Reward 1000 CPR
3rd prize Minimum 23000 CPR volume. Reward 750 CPR
Consolation prize: 200 CPR / CIPHER MASTER ID minimum trade volume limit 20000 CPR / day.
WEEKLY WINNING:
PRIZE: 1st prize 2nd prize 3rd prize 4th prize and 5th prize
Minimum volume: 175000.00 CPR / week or Minimum volume 450 USD / week
Example:
1st prize 175000 CPR volume. Reward 6250 CPR
2nd prize 170000 CPR volume. Reward 5000 CPR
3rd prize 165000 CPR volume. Reward 3750 CPR
4th prize 160000 CPR volume. Reward 2500 CPR
5th prize 155000 CPR volume. Reward 1250 CPR
Consolation prize: 500 CPR / CIPHER MASTER ID minimum trade volume limit 100000 CPR / week or Minimum volume 400 USD / week.
MONTHLY WINNING:
PRIZE: 1st prize 2nd prize 3rd prize 4th prize and 5th prize to 9th prize
Minimum volume: 750000 CPR / month or Minimum volume 2700 USD / month.
Example:
1st prize 750000 CPR volume. Reward 37500 CPR
2nd prize 740000 CPR volume. Reward 30000 CPR
3rd prize 730000 CPR volume . Reward 22500 CPR
4th prize 720000 CPR volume. Reward 15000 CPR
5th prize 710000 CPR volume. Reward 7500 CPR
6th prize 700000 CPR volume. Reward 7500 CPR
7th prize 690000 CPR volume. Reward 7500 CPR
8th prize 680000 CPR volume. Reward 7500 CPR
9th prize 670000 CPR volume. Reward 7500 CPR
Consolation prize: 3500 CPR / CIPHER MASTER ID minimum trade volume limit 650000 CPR / month. Or Minimum volume 2100 USD / month
GRAND PRIZE: International Tour 3Nights /4Days to DUBAI April 2022
TOP 18 CIPHER MASTER IDs.
Consolation prize: Couple tickets for 5 grand prize winners for TOP 1 to 5 grand prize winners.
Terms and conditions:
Trading activity:
Only BUY completed trades will be counted for the prize. No wash trade allowed. New trading pairs will be added in the period of trading competition on cifinex.com / lobstr.co/stellarterm.com
Eligibility:
a) Aged above 18 years is eligible to trade.
b) One account and one prize.
c) One CIPHER MASTER ID can win up to 3 times in a month with daily prize.
d) One CIPHER MASTER ID can win up to 2 times in a month with weekly prize.
e) Daily winners and weekly winners CIPHER MASTER ID will not be counted for Monthly winnings.
f) Top 18 CIPHER MASTER IDs considered for GRAND PRIZE. Grand prize included only economic class air fare and single bed 3-star hotel accommodation with breakfast. Visa charges paid by winner.
g) Grand prize winners should have passport to travel.
h) Grand prize winners should submit passport copy after winning confirmation by mail
i) If Grand prize winners failed to submit passport copy, their ID will be deleted from winners list and next CIPHER MASTER ID will considered for the grand prize.
j) Selected grand prize winners should submit their passport copy within 7 days of intimation through mail.
k) Grand Prize Winners will be announced in January 2022.
l) Daily winners list will be announced after 24hrs of ending competition.
m) Weekly winners list will be announced after 5 days of ending competition
n) Monthly winners list will be announced after 10 days of ending competition.
o) CIPHER team will email to all winners after the end of each competition. Please reply with your full name, user name and cipher master id within 7 days. If you do not reply in the designated time frame, your prize will be forfeited.
p) Trading volume only counts buy and sell for winning. We exclude any wash trade, swap trade and stake open and closing trade counts.
q) CIPHER reserves the right to disqualify accounts that are deemed to be engaging in wash trading or display attributes of market manipulation.
r) Participants will not be eligible to win multiple prizes within a single competition.
s) If top 1 to 5 grand prize winners rejected couple tickets, it will be transfer to next winner.
t) No request will be entertained regarding changes in consolation prize and in numbers.
u) For five consolation prize winning couples will get 2 bed accommodation at 3 star rated hotel.
v) One person, one account is mandatory. No multiple accounts are allowed on cifinex.com.
w) Profile details are mandatory for every registered member on cifinex.com
x) Daily prize competition calculation starting time 00.00 GMT and ending time 23.59.59 GMT for the day.
y) Weekly competition calculation based on start date 1st of JULY 2021. Every 7th day calculated for weekly prize.
z) Monthly competition’s trade volume calculation for the whole month like JULY, AUGUST, SEPTEMBER, OCTOBER, NOVEMBER AND DECEMBER.
Trading competition rights:
CIPHER reserves all rights to cancel or amend any trading activity or amend new trading competition rules at company sole discretion. During any unforeseen situation, the status of the trading competition, changes and updates will be announced through social media Twitter and Medium.
Disclaimer and risk warning: Cryptocurrency trading is subject to high market risk. CIPHER is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make trades with caution.
Thank you and best wishes 🙏
