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Buy the Dip for BTC Is Back For Round 2!

Author: Lunevail

Dear Phemexers,

It seems like you were so enthusiastic about our last event, so we decided to bring it back for another time! Buy the Dip for BTC is back with more fun and rewards for our intuitive users to give a guess at. As the price goes up and down… what will the final total be? You decide! Winners will receive rewards for their correct dips, so hurry!

Stand a chance to win if you’re able to time the dip correctly and buy near BTC’s lowest price during the event period. Simply spot trade and rack up 500 USD trading volume to be eligible. Who’s trading instincts are lucky enough to buy the dip twice in a row!

How It Works:

  1. Users must accumulate at least 500 USD in 7 days in spot trading volume during the campaign period (trading any pair on Phemex spot market counts).
  2. Participants need to enter their UID on:
  3. All participants will be ranked on spot trading volume at the end of the event.
  • From 0:00 UTC on July 4 to 24:00 UTC on July 10, 2022 if any user(s) spot buys BTC on Phemex within 1% of its lowest price during that time period, they’ll be able to split a 5,000 USDT prize pool.


In order to be eligible for the rewards, make sure you join during the campaign period.

  • Campaign period: 0:00 UTC on 4 July to 24:00 UTC on 10 July, 2022
  • Notification of Winners: July 11 to July 17, 2022
  • Prize Distribution: July 18 to July 31, 2022

Terms and Conditions

  • To qualify for this event you must complete required actions from announcement page
  • Users are only eligible to participate with a single account. If we detect multiple accounts with the same IP addresses or UIDs, all offending accounts will be disqualified.
  • This promotion is available for only users who trade within the campaign period.
  • To receive rewards, users must ensure they have provided an accurate Phemex UID that is identical to their email. Users must also respond to the winners announcement email within 14 days in order to claim their reward.
  • The following actions will result in immediate disqualification: batch account registration, profits from market manipulation, self-dealing or wash trades.
  • Only main-accounts are allowed in this competition, sub-accounts will not be counted.
  • Users in the following regions/countries India, Venezuela, Indonesia, Bangladesh, Pakistan, Philippines and Vietnam are eligible to participate or receive bonuses from the event only if they meet a requirement of $100 USD worth of trade on Phemex during the campaign period.
  • Phemex reserves the right to make any final and binding amendments to these rules.

For any inquiries contact us at
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