e need to clarify the issue of having multiple accounts on UpDown. Given the arrival of the Contests feature, we understand that demand is higher than ever for the ability to manage multiple portfolios under one account. Some members are responding by creating multiple UpDown accounts in order to have access to multiple portfolios to use for categorized contests (i.e. only green energy stocks, ETF’s, etc.) and for testing several investing strategies.

We are already working on making it possible for you to manage multiple portfolios and to designate one of your portfolios for earning real money. Once this is in place, you will be able to participate in all of those special contests and test all of your strategies, while still having the opportunity to earn real money for your performance.

In the meantime, we ask you to refrain from claiming money on multiple accounts on UpDown. Doing so would be an attempt at getting paid multiple times for your performance, which would not be fair to everyone on the Community. If you do claim money on multiple accounts, we will ask you to keep one of your accounts and to shut down the others.

Thank you for your cooperation and stay on the lookout for this upgrade. It is coming soon!

The UpDown Team