Hello Phemex users,
To celebrate the new listing of DYDX on our spot trading platform, we’re hosting a new Grab a Coin to give you rewards for trading DYDX. Over the next week, you can win from up to 21,000 USDT prize pool. All you need to do is follow the embedded campaign actions below and complete the stated actions. After that, you can win by spot trading DYDX or by just being lucky.
Follow the steps below to participate:
Now you can view and complete all necessary actions directly on this announcement page! See below:
Dates
There are three stages total. The most crucial is the campaign period, then winners will be announced, and finally prizes distributed. You can find the timeline below.
- Stage 1 (Campaign Period): Dec. 20 – Dec. 27
- Stage 2 (Announcement of Winners): Jan. 3, 2022
- Stage 3 (Prize Distribution): From Jan. 24, 2022
Prize Pools
There are two separate prize pools, meaning you have two different ways to win money. See below for more details on each one.
Prize Pool 1: $1,000 USDT (Airdrop)
- The first one is via lucky airdrop. Out of everyone who joins and completes the campaign actions, 100 users will be selected to share a $1000 prize pool, so each lucky winner will get $10 USDT.
Prize Pool 2: Up to $20,000 USDT (Trading Volume)
- The second way to win is via spot trading DYDX during the campaign period. All participants who record more than $1,000 in DYDX spot trading volume will split the initial prize pool of 10,000 USDT for this segment.
- For each eligible participant, the share of the prize pool will be calculated using the following formula: Prize pool * (individual trading volume / trading volume of all participants)
- The total prize pool for this segment can grow up to 20,000 USDT based on the total trading volume achieved by all participants during the campaign period. Thresholds are:
Total Trading Volume of all Participants | Total Prize Pool |
$0 – $100 million worth of DYDX | 10,000 USDT |
More than $100 million worth of DYDX | 20,000 USDT |
Terms and Conditions
- To qualify for this event you must complete all actions on the task form embedded above, shown directly on this announcement page (no need to visit external 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.
- To receive rewards, users must ensure they have provided an accurate Phemex UID that is identical to the email they used when completing campaign tasks.
- 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.
- By 1/3/2022, winners will be contacted via email from events@phemex.com. The prizes will be distributed starting from 01/24/2022.
- Phemex reserves the right to make any final and binding amendments to these rules.
