CoinDCX Spot Trading Dangal – The Ultimate Trading Competition!

Key Points

• The Spot Trading Dangal 2024 will take place for 4 weeks
• Registration is open till 18th July, 2024, 12 PM. Register now to be eligible for the contest
• CoinDCX Spot Trading Dangal 2024 has an incentive pool of ₹1.3 crores!
• Spot Trading Dangal Begins on July 18, 2024, and ends on August 15, 2024

Register Now

Get Started To Participate In CoinDCX’s Spot Trading Dangal 2024

• Create a CoinDCX account.
• Fulfill your KYC requirements.
• Register on the STD Page
• Join the CoinDCX Channel
• Start trading from July 18!

Rules

1. Spot Trading Dangal will continue for 4 weeks from 18th July 2024 at 12:00 PM (IST) till 15th August 2024 at 12:00 PM (IST).
2. Users need to register and trade in spot markets to be eligible for the rewards. Volume traded in futures will not be considered.
3. Both API and Non-API spot trading volume will be counted against a user’s total trading volume.
4. Trading volume counts both buy and sell orders volume. Participants can place multiple orders during the Campaign.
5. The final leaderboard will be announced on 16th August 2024 by 4 pm.
6. Users can trade only on CoinDCX App or CoinDCX Website to participate in the championship.
7. The top 20 leaders will win from a reward pool of ₹1.3 Cr. Top 3 winners will receive exciting prizes: 

• 1st winner BMW X1 car
• 2nd Winner  Rolex watch
• 3rd Winner  Bitcoin Diamond Ring

1. Rewards for the top 20 leaders will be based on two criteria: crossing the minimum volume threshold and their leaderboard ranking.
2. Users need to cross the minimum threshold volume to be eligible for the corresponding reward. For minimum volume threshold and rank wise rewards, please refer to the table below – 

Terms & Conditions

Spot Trading Dangal (“Campaign”) commencing from 11th July 2024 (“Start Date”) at 12 PM IST till 8th August 2024 (“End Date”)at 12 PM (IST) for a Participant, who is:

(i) a user registered and currently transacting on CoinDCX platform (“App”) as per its rules;

(ii) is a citizen of India and above 18 years of age; and

(iii) is compliant to all KYC requirements and complies with any campaign/ promotional event level requirement.

Eligibility – 

1. Users need to register to be able to participate in the competition.
2. Users need to trade during the campaign period.

Reward- Users have to participate in any market and stand a chance to be among the top 20 leaders to win from a reward pool of ₹1.3 Cr. The top 3 winners will receive exciting prizes: 

• 1st winner BMW X1 car
• 2nd Winner  Rolex watch
• 3rd Winner  Bitcoin Diamond Ring

Rewards for the top 20 leaders will be based on two criteria: crossing the minimum volume threshold and their leaderboard ranking.

• Users need to cross the minimum threshold volume mentioned above to be eligible for the corresponding reward.
• Incase of two or more users crossing the threshold volume, reward will be decided based on their corresponding rank. Users with higher volume will receive the reward (for crossing threshold volume) and the user with the next highest volume will receive the following reward mentioned in the table.
• If a user holds a certain rank but has not met the minimum volume criteria, their reward will be based on the volume they have crossed and their position on the leaderboard.
• Both API and Non-API spot trading volume will be counted against a user’s total trading volume.
• Trading volume includes the cumulative volume of both buy and sell orders across all markets, encompassing both INR and Crypto pairs (Spot only).
• Top 20 traders on the leaderboard satisfying the above conditions will be eligible for the rewards based on their ranks.
• Rewards for the top 20 leaders will be determined first by the volume threshold crossed, followed by their rank on the leaderboard, with the leaderboard rank not being contingent on meeting the volume criteria.
• The final leaderboard will be announced on X date by 4 pm.
• Eligible users who have secured Rank 1 will get the BMW X1 at their preferred/registered address. CoinDCX will only be liable to pay the Ex- Showroom price and the user will bear the RTO Tax + Insurance Cost as per actuals. CoinDCX shall not be responsible for any added costs of this transaction. In case the user doesn’t want the car, the user can request CoinDCX for an equivalent amount of INR value credited to the user’s wallet within 7 days with 10% TDS deduction 
• Eligible users who have secured Rank 2 will get the Rolex Watch at their preferred address. In case the user doesn’t want the Rolex watch, the user can request CoinDCX for an equivalent amount of INR value credited to the user’s wallet within 7 days of competition end date  with 10% TDS deduction.
• Eligible users who have secured Rank 3 will get a Bitcoin Diamond Ring . In case the user doesn’t want the Gold ring, the user can request CoinDCX for an equivalent amount of INR value credited to the user’s wallet within 7 days with 10% TDS deduction.
• Eligible users who secure Rank 4 to 20 will receive the respective amount in form of INR value credited to the user’s wallet within 7 days from the end of the Contest. with 10% TDS deduction.
• Any tax liability, including disclosure, connected with the receipt or use of rewards or rewards is user responsibility. CoinDCX will provide TDS proofs/ certificates.
• Users can trade only on CoinDCX platforms to participate in the championship.The campaign will be accessible both on the website and within the in-app browser for participants to engage with.
• The Participants can place multiple orders during the Campaign.
• Market makers and brokers are not allowed to participate in the competition
• The competition will exclusively occur within the Spot market. Volumes traded on Futures will not be factored into consideration.
• Leaderboard rank is not subjected to volume criteria. rewards will be decided based on volume threshold crossed and then leaderboard rank.
• If there is a technical failure or unforeseen circumstances, these timelines may not be met by CoinDCX. CoinDCX does not undertake any liability for the same.
• CoinDCX shall have the sole right and discretion to decide and declare the eligible Participant for Campaign reward. The Participant hereby waives all rights to dispute any decision of CoinDCX in this regard and CoinDCX does not undertake any liability, responsibility or guarantee towards any Participant.
• CoinDCX holds all rights to revoke the Reward or any rights therein in case of any fraud, breach of network security, misrepresentation, negligence, any activity in order to avail the Reward by any illegal or immoral means, breach of applicable law or terms herein by any Participant. 
• CoinDCX reserves the right to discontinue, suspend, modify, cancel the Campaign or any terms contained herein for any or all of its Participant(s).
• The Participant, by participating in this Campaign, hereby agree and grant their consent to CoinDCX for sharing their in-app activity with each other including any survey, statistics etc
• The Participant hereby agrees and acknowledges that CoinDCX does not undertake any guarantee or warranty on the quality of any third party product or service being distributed under the Campaign as Reward and shall not be liable for any defects or discrepancies. 
• The Participant shall indemnify and keep CoinDCX indemnified at all times for and against any loss, costs, damages, expenses, liabilities, claims arising out of any breach by the Participant of the terms contained herein or of any applicable laws.
• Participants shall at all time comply with the Terms of Use and Privacy Policy as available on www.staging-blogcoindcxcom.kinsta.cloud 
• Duplicate accounts, the use of fake accounts or the exchange of accounts is strictly prohibited. Any discovery and verification of such activities will result in disqualification from the event and no rewards will be issue