Dear Phemex Users,

We’re super excited to announce that our August referral event is going live. This time, we’ve prepared even more trading bonuses which you can easily grab to support in your crypto journey.

Task 1

1. Invite 1 friend to deposit 100 USD and complete a trade using $100 margin, and you get $5 bonus.
2. Invite 1 friend to deposit 1,000 USD and complete a trade using $1,000 margin, and you get $20 bonus.
3. Invite 1 friend to deposit 10,000 USD and complete a trade using $10,000 margin, and you get $200 bonus.

Task 2

During the event period, all participants will be ranked on a leaderboard based on number of successful referrals. The top 10 ranked participants will win additional rewards.

• 1st Place: $2000 bonus
• 2nd Place: $1000 bonus
• 3rd-10th Places: $200 bonus each

Event Period: August 1 to August 31

Rules

1. You qualify for the reward if your invitee completes KYC verification, deposits at least $100, and completes a trade using at least $100 margin all within 7 days of registration.
2. Rewards for task 1 cannot be stacked. So if an invitee deposits more than $10,000 and completes a trade using margin of over $10,000, the inviter will receive an additional $180 bonus, bringing total rewards received up to $200.
3. After rewards for task 1 are unlocked, we will internally review eligibility and the rewards will be distributed after this review ends. The review period will last 7 to 30 days.
4. You won’t receive bonus if your invitee registers before August. The event runs from August 1st to August 31st.
5. The invitation bonus can only be used to open a position, pay a trading fee, or cover losses. Direct withdrawals, transfers, and conversions are not supported.
6. The following actions will result in immediate disqualification：batch account registration, profits from market manipulation, self-dealing or wash trades.Your account will be banned if any cheating is detected by our system.
7. August referral friends event rewards are not available for users in the following regions/countries: India, Pakistan, Indonesia, Bangladesh, Vietnam, Philippines and Ukraine. Users in these regions are still eligible for other rewards.
8. To prevent any malicious actions, referral bonuses will be canceled if we detect any of the methods listed HERE.
9. Phemex reserves the right to modify this program’s terms and conditions as final.