Dear Users,

The time has come for another grand slam competition–and this time we’re taking it outdoors! Check out our GMT Marathon event, where taking your daily steps can lead you walking to a prize of $100,000 worth of GMT. The event will be held for 2 weeks, so you can start joining now! Don’t wait any longer, it’s time to start walking and get busy winning!

How it works: 

1. Register for Phemex to create an account if you don’t have one.
2. Trade GMT on Phemex during the event period (both spot and contract trades can qualify), in order to win sweet rewards
   • All users whose total GMT trading volume exceeds $50 will be able to evenly split $100,000 worth of GMT
   • Users whose GMT trading volume reaches $1,000 will earn 1 raffle ticket. Every participant can earn a maximum of 5 raffle tickets (GMT trading volume > $5,000). Upon this event’s conclusion, we will pick out 4 lucky winners from raffle to each receive a STEPN Common Shoebox
   • The user with largest total GMT trading volume will win a Rare Shoebox, and the second and third largest traders will each win a Common Shoebox
3. If you’re already on STEPN, take a screenshot of your daily STEPN record and share it on Twitter. Tag some friends who are also on STEPN. Doing so will qualify you for an additional lucky draw, as we’ll pick 3 lucky winners to each receive a Common Shoebox.

Note: Due to immense enthusiasm, all Phemex users are automatically entered into this event so you no longer need to explicitly sign up. Our system will automatically detect when users complete campaign actions (trading GMT spot and contracts) during the event period, and will calculate rewards accordingly.

Dates & Times

• Event Period – 8:00 UTC on May 16 to 8:00 UTC on May 30, 2022 
• Winners Notification: June 9, 2022 
• Distribution of Rewards: From June 16, 2022

Prize Pools

Prize Pool 1 – $100,000 in GMT

• All users whose total GMT trading volume exceeds $50 will be able to evenly split $100,000 worth of GMT
• All rewards will be distributed as GMT to user’s Phemex spot wallet

Prize Pool 2 – 10 STEPN Shoeboxes (9 Common, 1 Rare)

• Out of all users who share their STEPN daily record on Twitter and tag other STEPN users, 3 will be randomly selected to win a STEPN Common Shoebox each
• For every $1,000 in GMT trading volume achieved, the user will receive a raffle ticket (up to 5 raffle tickets can be claimed per participant). At the end of the event, 4 lucky winners will be chosen from raffle to receive a STEPN Common Shoebox each
• The two users with the 2nd and 3rd highest GMT trading volume during campaign period will each win a STEPN Common Shoebox
• The user with the largest GMT trading volume wins a STEPN Rare Shoebox

Terms and Conditions

• • Each STEPN Shoebox will contain a STEPN Sneaker NFT, so you can get started on your move-to-earn journey. However, the specific rarity and attributes of the NFT you receive from the shoebox will be luck-based and not controlled by Phemex.
  • 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.
  • The following actions will result in immediate disqualification：batch account registration, profits from market manipulation, self-dealing or wash trades.
  • By June 9, winners will be contacted via email from events@phemex.com. The prizes will be distributed starting from June 16, 2022.
  • To receive rewards, users must ensure they have provided an accurate Phemex UID that is identical to their email.

• • Only main-accounts are allowed, sub-accounts will not be counted.
  • Phemex reserves the right to make any final and binding amendments to these rules.