**14th November 2018 leaderboard update published at the bottom of this post
**19th November 2018 leaderboard update published at the bottom of this post
Ethfinex is excited to announce a trading competition in collaboration with Waltonchain (WTC), with 0% maker trading fees over the 7 day duration.
Ethfinex users will be ranked by WTC total trading volume between 10:00 UTC, Nov 9 to 10:00 UTC, Nov 16.
Users that rank in the top 20 will receive the following:
Top 1: 1500.0 WTC (~4500 USD)
Top 2: 1200.0 WTC (~3600 USD)
Top 3: 1000.0 WTC (~3000 USD)
Top 4-5: 600.0 WTC (~1800 USD)
Top 6-10: 400.0 WTC (~1200 USD)
Top 11-20: 150.0 WTC (~450 USD)
Ethfinex will offer a 100% reduction on maker trading fees for all WTC pairs across the 7 day period, making it easier for users to earn Nectar (NEC) for their trading.
Rankings will be displayed once during the middle of the competition with the individual usernames obfuscated for privacy reasons. The final list will be announced within 3 working days after the competition has finished.
The WTC tokens will be issued according to the rankings of the final list within 7 working days of the competition closing.
Rules
Eligible volume includes all trades (maker and taker volume) using the Ethfinex UI or API (api.ethfinex.com) across the WTC/USD and WTC/ETH pairs.
Note: The WTC/USD and WTC/ETH order books are shared with the order books on Bitfinex. Anyone with a Bitfinex account can also log into Ethfinex and use their account to trade WTC and be eligible for the competition for trades they make via Ethfinex.
May we remind each user that by trading on the platform you are agreeing to the Ethfinex terms of service.
Individual user’s competition eligibility is subject to Ethfinex’s final decision. Ethfinex reserves the right to disqualify any person who is known or suspected by Ethfinex to be cheating or violating any rules and regulations set out in our terms of service. This includes any volume that a trader executes with themselves.
About Waltonchain
Waltonchain addresses the bottleneck problem that prevents businesses incorporating physical assets onto the blockchain. Please refer to the Waltonchain website at for more details.
About Ethfinex
Ethfinex is a digital asset exchange and trading platform providing access to highly-flexible centralised and on-chain trustless trading portals to deliver a high performance trading experience centred around control. Market makers on Ethfinex are incentivized to use the platform through the Nectar (NEC) token which rewards traders on the platform with a stake in its development. The goal of Ethfinex is to deliver a professional trading experience whilst opening up the governance decisions in a digital asset exchange.
Risk Reminder
Trading digital assets comes with high risks due to huge price fluctuations. Before entering this competition, please have a full understanding of all the risks involved in trading digital assets and be prudent of your own investment decisions.
**14th November 2018 Leaderboard Update
The below leaderboard shows the top 20 WTC trader’s volume over the period Friday 9th November 12pm UTC to Tuesday 13th November aprox 5pm UTC and is meant to be for indicative purposes only.
For privacy reasons, usernames have been omitted.
Traders can see their WTC traded volume in the Reports section of their account on Ethfinex.
For the avoidance of doubt, the end date of the competition remains Friday November 16th 10am UTC
| Position | WTC Traded |
|---|---|
| 1 | 208,564 |
| 2 | 106,012 |
| 3 | 63,441 |
| 4 | 48,193 |
| 5 | 14,963 |
| 6 | 14,122 |
| 7 | 12,572 |
| 8 | 9,083 |
| 9 | 5,960 |
| 10 | 5,098 |
| 11 | 4,128 |
| 12 | 4,024 |
| 13 | 3,310 |
| 14 | 3,173 |
| 15 | 2,002 |
| 16 | 1,522 |
| 17 | 1,229 |
| 18 | 1,000 |
| 19 | 976 |
| 20 | 851 |
**19th November 2018 Leaderboard Update
The WTC competition ended on November 16th 10am UTC. Please see below for the final top 20 leaderboard.
| Position | WTC Traded |
|---|---|
| 1 | 627,137 |
| 2 | 521,433 |
| 3 | 116,262 |
| 4 | 114,924 |
| 5 | 78,939 |
| 6 | 71,666 |
| 7 | 41,635 |
| 8 | 36,990 |
| 9 | 25,974 |
| 10 | 20,562 |
| 11 | 16,052 |
| 12 | 15,414 |
| 13 | 14,901 |
| 14 | 9,512 |
| 15 | 9,429 |
| 16 | 9,321 |
| 17 | 9,188 |
| 18 | 8,298 |
| 19 | 6,923 |
| 20 | 6,432 |
