ETH Pricing Coin Flip - $80,000 in Prizes
Author: khaos.yan Date: April 12, 2022
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
- 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.
- Choose your Trading Multiplier, which will also impact your potential bonus.
- 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.
- Verify your account to qualify for your airdrop
- 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)
- Your Individual Reward = $2 * Trading Multiplier you chose
- 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)
- 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.
- 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)
- 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.