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Announcements > News > Grab a Coin! Win MATIC from $41,000 prize pool >

Grab a Coin! Win MATIC from $41,000 prize pool

Author: Alan W. Date: 2021-09-03 09:56:57

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Phemex users, yet another round of Grab a Coin is here!

To celebrate the new listing of MATIC on our spot trading platform, Phemex is giving away $41,000 worth of MATIC and USDT. All you need to do is click on our Gleam campaign and complete the stated actions. After you successfully join, you can win via MATIC deposit amount or by just being lucky.

How to join?

Please follow the steps below to participate in the Grab a Coin event.

  1. Register for a Phemex account if you don’t have one
  2. Access the Gleam campaign here
  3. Complete the Gleam campaign actions
  4. You’ve successfully joined! Make MATIC deposits to increase your potential rewards

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): Sept. 3 at 0:00 UTC  –  Sept. 10 at 0:00 UTC

Stage 2 (Announcement of Winners): Sept. 17

Stage 3 (Prize Distribution): Oct. 15

Prize Pools

There are two separate prize pools, meaning you have two potential ways to win MATIC. See below for more details on each one.

Prize Pool 1: $1,000 (Lucky Draw)

  • The first one is via lucky draw. 100 participants will be chosen at random to share a $1000 prize pool, so each lucky winner will get $10.

Prize Pool 2: $40,000 (Deposit Volume)

  • The second way is based on your deposit volume of MATIC during the campaign period. It comes out of a total prize pool of $40,000 in MATIC!
  • You must deposit at least 1 MATIC to be eligible for this prize pool
  • The amount of MATIC you can win is calculated like this:
  • Individual net MATIC deposit/total MATIC deposit of all participants * total prize pool = the value of MATIC you win

Terms and Conditions

  • To qualify for this event you must complete all actions on the Gleam.io link
  • 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 their Gleam email.
  • 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.
  • The final amount of MATIC issued will be subject to the OTC settlement exchange rate on the date of issuance.
  • By September 17th, winners will be contacted via email from events@phemex.com. The prizes will be distributed until October 15th.
  • Phemex reserves the right to make any final and binding amendments to these rules.
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