> For the complete documentation index, see [llms.txt](https://help.margex.com/help-center/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.margex.com/help-center/margex/competitions/price-prediction.md).

# Price Prediction

## Frequently Asked Questions

<details>

<summary>How to participate in a Price Prediction competition</summary>

Open the competition page and submit an application by entering your predicted price. Before participating, make sure all competition requirements are met.

</details>

<details>

<summary>How is my score calculated?</summary>

The final asset price used for evaluation is determined by the closing price of the one-minute candle at 00:00 UTC.

Your position on the leaderboard is determined by the difference between the actual closing price of the asset and your predicted price.

</details>

<details>

<summary>Can I change my prediction after submitting an application</summary>

Yes, the prediction can be changed free of charge **until the end application submission stage**.

</details>

<details>

<summary>Can I cancel my participation?</summary>

No, participation cannot be cancelled after an application is submitted. For **Paid Entry** competitions, the participation fee is also not refunded.

</details>

<details>

<summary>What rewards can I receive?</summary>

A trophy in the Hall of Fame is awarded only to participants who finish in 1st, 2nd, or 3rd place. USDT monetary rewards are distributed to winners according to the competition reward distribution conditions.

</details>

## What is Price Prediction?

<figure><img src="https://163304092-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FM0u2JKWHQTXEH82Px1eQ%2Fuploads%2F85RhPRkpF391ferduRiv%2Fimage.png?alt=media&amp;token=7b914388-9b53-4a01-b69a-8638cff751bf" alt=""><figcaption></figcaption></figure>

Price Prediction competitions test how accurately you can forecast an asset's price. Submit the price you expect at the competition's checkpoint date.

For competition formats, entry conditions, and access, see [Competitions](/help-center/margex/competitions.md).

### Submit a prediction

<figure><img src="https://163304092-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FM0u2JKWHQTXEH82Px1eQ%2Fuploads%2FlRCEq5VKhdCkm18lNMMk%2Fimage.png?alt=media&amp;token=d6c690fc-b80d-44e1-bf33-e5feee893d0e" alt=""><figcaption></figcaption></figure>

During the **Application Submission** stage, enter your predicted asset price. You may update it any number of times before submissions close.

Your latest submitted prediction is used for the results.

{% hint style="warning" %}
Once the application is submitted, the user cannot withdraw from the competition or receive a refund, even if the competition is paid.
{% endhint %}

### Active stage

When submissions close, the competition enters the **Active** stage. Your prediction is locked. You cannot join, leave, or change it.

The competition page shows the submission deadline and checkpoint date.

### How results are calculated

Each competition ends at `23:59:59 UTC`. We use the closing price of the one-minute candle at `00:00 UTC` as the final asset price.

The leaderboard ranks predictions by their difference from that final price. A smaller difference ranks higher.

### Prize pool and rewards

The prize pool grows with the number of submitted applications. The competition page shows the current pool and prize positions.

Available rewards:

* **Real USDT** — Winners receive a promo code. Redeem it to credit your account balance.
* **Hall of Fame trophy** — First, second, and third place receive a trophy. Trophies count toward the global leaderboard.