1. Any prizes and bonuses referenced throughout the competition are in USDT.
2. To register for this competition, your wallet must hold a minimum of 200 USD or an equivalent value in any token.
3. Participants may begin registering for this competition as of April 3rd, until April 24th, 3am (UTC+0).
4. After completing the League registration, if your balance drops below the minimum requirement after the competition has started, you will be removed from the League until you are once again holding the minimum balance.
5. To remain eligible for a prize, winners must hold at least 200 USD or an equivalent value in their account, until the end of the competition.
6. Trades made during the competition period will count towards the competition’s trading volume. However, only the taker volume will be considered for the Trading Volume Bonus.
7. The winner selection is based on the highest individual PnL % (profit %) at the end of the competition period.
a. PnL% = ((Current Balance + Withdrawals) - (Starting balance + Deposits)) * 100 / (Starting balance + Deposit)
b. Any bonus received during the competition will be considered a deposit.
c. You may make withdrawals and deposits whenever you want, but your profit rate will be affected.
d. All calculations will be made according to League of Traders’ PnL.
8. If two participants produce the same PnL(%), the final ranking will be determined by their total trading volume.
9. You cannot delete the API key that is being used to calculate your profits during the competition. You will be removed from the competition.
10. If you are selected as a winner, do not delete your API key until the prizes and bonuses have been distributed, as doing so may prevent you from receiving your prize.
11. If your username is changed at any time throughout the competition period, you will not be eligible for any prizes or bonus payments.
12. Each participant is only eligible to receive 1 prize. Prizes cannot be duplicated or combined.
13. League of Traders reserves the right to ask the winners for KYC to confirm that there are no duplicate winners.
14. All prizes will be deposited in the winner’s BitMEX account.
15. Prizes and bonuses will be awarded within 14 business days following the competition’s conclusion (airdrops will be sent out after the token launch).

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