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ETH Pricing Coin Flip - $80,000 in Prizes

Author: khaos.yan

Hello Phemex Traders

Are you ready for yet another Coin Flip event? This time you’ll be guessing the Ethereum price trend on a specific day, and if you’re right you’ll be rewarded from a 20,000 USDT airdrop! In fact, there are three prize pools totaling up to $80,000 from which you can win.

How It Works

  1. Simply fill out this form and guess whether ETH will go up or down over a 24 hour period from 0:00 UTC on April 18th, 2022 to 0:00 UTC on April 19, 2022.
  2. Choose your Trading Multiplier, which will also impact your potential bonus.
  3. From April 12 to April 18, you must trade contracts on Phemex (all available contract pairs qualify) to meet the trading volume threshold of the Multiplier you chose.
  4. Verify your account to qualify for your airdrop
  5. If your guess turns out to be correct and you’ve completed all above steps, you’ll win the airdrop!



Stage 1 Make a Guess and Contract Trade: April 12, 2022 – April 18, 2022

Stage 2 ETH Pricing Period (24H): From 0:00 UTC on April 18th to 0:00 UTC on April 19

Stage 3 Bonus Distribution: April 22, 2022


Prize Pools – $80,000 Total

Prize Pool 1 – 20,000 USDT (First-come, First-serve)

  1. Your Individual Reward = $2 * Trading Multiplier you chose
  2. Hypothetical Example: Let’s say you picked a 10x multiplier and met the contract trading threshold of $100,000 during the campaign period. If your guess is correct, then: Your total bonus= $2 * 10 = $20

Prize Pool 2 – $50,000 (See you soon)

  1. Users who join this event will receive an extra $5 contract trading bonus for the official Coin Flip page when it goes live on April 27, 2022.
  2. All participants of this event qualify, even if your guess this time is incorrect. Total prize pool for this segment is $50,000 so 10,000 participants maximum can take advantage.

Prize Pool 3 – $10,000 (First-timer gift)

  1. Users who guess correctly during this event and this was their first time contract trading, will receive an extra $5 contract trading bonus, out of a total $10,000 pool.


Terms and Conditions

  • To qualify for this event you must fill in the form and achieve the contract trading volume threshold for your Trading Multiplier, as specified above.
  • You must verify your account to qualify for all bonuses.
  • Prize pool 1 will be distributed as USDT to the user’s spot wallet within 3 days after event concludes
  • 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 event is only open to Phemex registered users whose accounts are in a normal state. Locked or frozen accounts are not eligible.
  • 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.
  • Phemex reserves the right to make any final and binding amendments to these rules.


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