# Trading Competition
**Competition Period**: 2021-12-06 12:00 PM to 2021-12-24 12:00 PM (UTC)
**Places:** [Loop.markets DEX](https://dex.loop.markets/swap#Swap) and [Terraswap](https://app.terraswap.io/#Swap)
### Promotion
**Trade ALTE and Win a Share of 15,000** [**LoTerra.io** ](https://loterra.io)**lottery tickets**
The top 40 users ranked by effective trading volume (including both buys & sells) in ALTE/UST trading pairs during the competition period will share a pool of 15,000 LoTerra lottery tickets.
The reward structure is as follows:
* 1st place: 3,000 LoTerra lottery tickets
* 2nd place: 2,500 LoTerra lottery tickets
* 3rd place: 2,000 LoTerra lottery tickets
* 4th place: 1,500 LoTerra lottery tickets
* 5th place: 1,000 LoTerra lottery tickets
* 6th-10th places: equally split 2,000 LoTerra lottery tickets
* 11th-40th places: equally split 3,000 LoTerra lottery tickets
#### **Terms & Conditions:**
* **Qualified ALTE trading pair**: ALTE/UST.
* Trading competition is only available on the Loop.markets DEX and Terraswap.
* Trading volume counts both buys and sells.
* The rewards will be distributed the next day following the end of the contest.
**Risk warning**: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Loop.markets and Terraswap will do their best to choose high quality parts, but will not be responsible for your loss of business.
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