Daily tournaments on the Nominex exchange demo account. Top 5 winners get real USDT every day

Hola, cryptans! I bring to your attention cool information for traders and for those who want to learn how to trade, but are afraid to lose their deposit. I came across the Nominex exchange, which offers several attractive and unique features that are not available on other exchanges. Among them is risk-free trading with real money for the winners. Full exchange overview here.

HOW IT WORKS?

Trading tournaments are held EVERY day for 24 hours, starting from 00:00 UTC to 00:00 UTC the next day. The results of each tournament are separated from each other. The daily trading volume of each trader is calculated to select 5 winners EVERY day.

Prize pool and bonuses

Every day the total prize pool is $2 200

1st place - 1,000 USDT
2nd place - 600 USDT
3rd place - 300 USDT
4th place - 200 USDT
5th place - 100 USDT

Terms & Conditions:

1. Each participant receives 10,000 virtual US dollars into his demo account at the beginning of each round of the tournament.

2. Among users with the greatest balance at the end of the tournament, 5 people are declared winners

3. The higher your profit, the higher your rating in the leaderboard and the higher your prize.

4. The prize is real: you will receive real USDT in your real (non-demo) trading account.

5. You cannot withdraw prize money, but you can trade it for 7 days and then save a profit.

6. You have 7 days to earn profit by trading prize money. After that, the prize will be returned to the exchange, but you will save all your profits for these 7 days.

For example: you took the first place and received 1000 USDT of prize money, after trading in 7 days you have 1200 USDT on your prize balance - you can withdraw 200 USDT, and 1000 USDT is returned to the exchange.

7. Do not let your balance decrease by more than 20%. If this happens, Nominex will immediately return the prize money.

8. Your prize is also refundable if no trading activity has been registered on your trading account within 48 hours.

FAQ

Do I need to make a deposit to participate in trading tournaments?
No, it doesn `t need. You automatically receive 10,000 USDT in a demo account for each new tournament. Trade only on DEMO accounts.

Prize, is this really real USDT?
Yes, winners actually receive real USDT on their real exchange balances.

Can I pick up my prize immediately?
Since tournaments are held on DEMO accounts, you need to confirm your trading skills on a live account. This means that you will receive your prize for 7 days as a trust asset.

How can I convert this for private use?
After the end of the trust period, any profit (income from the trust) that you receive with the prize fund is entirely yours.

How is profit calculated?
When a prize becomes a trust asset, all payments are made in USDT equivalents.

Can I withdraw profit before the end of the confidence period?
No, this is possible only after 7 days and the process is automated.

Is there a limit on the number of tournaments available for participation?
You can participate every day. No restrictions or limitations.

What happens if I win another prize?
If you already have prize assets, the amount of prizes is added up and the trust period is extended for another 7 days.

Is the prize credited to my personal account and can it be “pulled” into my personal assets?
No, the prize is credited to a special balance created for trust management.

Can I trade simultaneously using my personal assets and trust assets?
Yes, balances vary for your personal assets and trust assets.

Do I have responsibility for trust assets?
No, you do not bear any financial responsibility for trust assets. All expenses are paid by the exchange. In the end, you are interested in making a profit.

In general, what I think about it, if anyone is interested. The exchange came up with cool conditions for:

1. Already successful traders - the opportunity to test the exchange without a deposit, get prize money and earn real money on it, which can be withdrawn. And this should not be difficult, if you won a prize in the demo, then obviously everything is fine with trading with you;

2. For beginners, like me - the opportunity to at least learn how to trade, develop your own strategy. And there and get into the 5 leaders and get prize money.

All profit!😎

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