Dear Phemexers,

Phemex is pleased to announce that we’ll be adding a new trading pair –  NEAR/USDT – to our spot market on May 7, 2022. Users are able to spot trade NEAR against USDT.

Near is the pre-eminently trending layer 1 blockchain in 2022. With its immense scalability and early focus on user experience, Near has great potential and already boasts a total value locked (TVL) of over $1.68 billion. To support Near, Phemex is launching two new campaigns in which you can receive $NEAR airdrop for Spot & Contract Trading with a total prize pool of over 100,000 NEAR!

Campaign 1: Spot Trade $NEAR 

Grab your share of the $100,000 NEAR prize pool by accumulating $50 or more spot trading volume in NEAR during the campaign period (excluding internal transfers within Phemex). Prize pool will be split among all eligible users who meet these trading requirements.

• You must fill out this form to qualify.
• Your airdrop bonus will be distributed in your spot trading wallet 4 days after the campaign.

Fill Out Form

Dates:

• Stage 1 (Campaign period): May 7 – May 17, 2022
• Stage 2 (Winner Contacted and Reward Distribution): May 18 to May 22, 2022

Total Prize Pool

• $100,000 in NEAR
• All qualified users will evenly split this prize pool

Campaign 2: : Coin Flip – NEAR/USD Perpetual

We’re hosting another coin flip – guess & win event! Hurry and join to guess linear NEAR/USD perpetual contract price trend. If you guess right and fulfill the trading requirements, you can win up to $5,000!

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 NEAR/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.
6. An extra prize pool of $20 will be awarded to the top 3 users over the course of the round, ranked by participation and win rate.

Terms and Conditions:

• Each UID only has one chance to join and win.
• Campaign1 – Spot Trade: To qualify for this event you must complete the task and fill the form.
• Campaign2 – Coin Flip: Join this campaign through the event landing 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 complete KYC verification. Users must have activated their NEAR spot wallet address on Phemex. 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.
• Phemex reserves the right to make any final and binding amendments to these rules.