Dear Users,
Join us in celebrating the festive season with an exciting opportunity to earn a bounty of PT!
Event Period: 00:00 December 19th, 2023 - 23:59 December 25th, 2023 (UTC)
How to Participate
Sign up during the event period and deposit BTC, SATS or ORDI into your Phemex account. You will get a 100% chance to receive a generous amount of PT!
The first qualifying deposit made by each UID during the event will be recorded and generate Satoshi numbers. The first Satoshi Number will be your unique ticket to win!
Our total prize pool is set at 100,000 PT, available on a first-come-first-serve basis.
Terms and Conditions
1. To qualify, your first SINGLE deposit during the campaign period must be a minimum of 0.01 BTC, 400,000 SATS(1K) or 7 ORDI. Users need to deposit SATS/ORDI from BRC-20 or deposit BTC from the Bitcoin network to participate in the event.
Please note: Due to blockchain network fees, ensure your deposited amount exceeds the minimum required post-fees to be eligible for the event.
2. PT Earning Calculation:
Each deposit transaction generates some Satoshi Numbers and we will record the first one (e.g., 1010765777472248).
To find out how much PT you will receive, perform a modulo operation with the number 1225 on your Satoshi Number. The remainder determines the quantity of PT you earn.
To give an example, let's say the recorded Satoshi number is 1010765777472248.
First, calculate the remainder of 1010765777472248 divided by 1225:
1010765777472248 ÷ 1225 = 824697369384.4898...
We need to take the integer part and calculate the remainder:
824697369384 * 1225 = 1010765777472200
Next, we subtract this product from the original number:
1010765777472248 - 1010765777472200 = 48
Therefore, the Xmas number you get is 48. Each Xmas number corresponds to different PT rewards.
3. The prize pool is available on a first-come-first-serve basis. If the reward corresponding to your Xmas Number has already been fully claimed, you will receive the minimum reward.
4. Only a user's main account will be eligible for the event. Market makers, API traders, and institutional accounts are ineligible for the event.
5. The following actions will result in immediate disqualification: batch account registration, profits from market manipulation, self-dealing or wash trades.
6. 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. Furthermore, each account must be linked to a real email and can't exceed 4 devices; a withdrawal address cannot be shared by 3 or more UIDs, and any fraudulent behavior will lead to disqualification from rewards.
7. In order to prevent malicious actions, we will make a review over participant activity using our internal AI system before reward distribution.
8. Phemex reserves the right to make any final and binding amendments to these rules.
9. Participants must complete KYC verification, and any accounts found to share the same KYC information will be disqualified.
10. The reward will be distributed 20 days after the end of the event.
We Wish You a Merry Christmas!
The Phemex Team
