Dear Users,

Phemex has listed KAVAUSD. Kava is a lightning-fast Layer-1 blockchain featuring a developer-optimized co-chain architecture that combines the two most used permissionless ecosystems – Ethereum and Cosmos – into a single, scalable, network.

And also we are launching Coin Flip with KAVAUSD – guess&win event! Hurry and join to guess KAVA/USD perpetual contract price trend. An extra prize pool of $50 will be awarded to the top 3 users over the course of the round, ranked by participation and win rate.

Guess Now

How It Works

1. Visit the event page to join. Make sure to first register for a Phemex account if you don’t have one already.
2. On the event page, submit your guess on the price trend of KAVA/USD USD-margined perpetual contract. Long or Short?
3. Choose your Trading Multiplier, which will impact your potential bonus.
4. Complete your trading task
5. If your guess turns out to be correct and you’ve fulfilled trading volume requirements, you qualify for rewards.
   1. Base Bonus * Trading Multiplier = Your Reward.

Campaign Period

• June 2 – June 16, 2022

Terms and Conditions

• Each UID only has one chance to join and win everyday.
• All rewards will be distributed as trading bonuses to user’s contract trading account
• 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.
• Phemex reserves the right to make any final and binding amendments to these rules.