Phemex Blog
Phemex Crypto Blog: Learn the latest news, updates, and industry insights on bitcoin futures, bitcoin trading, crypto derivatives exchange, and related blockchain technology.
Announcements
  1. Home
  2. Announcements
  3. 3rd Anniversary Special Event: Daily Contract Trading with $53,600 Prize Pool
All combobox arrow

3rd Anniversary Special Event: Daily Contract Trading with $53,600 Prize Pool

Author: Alan W.

Dear Users,

In order to celebrate our 3rd anniversary and give back to our users who have made it all possible, Phemex will launch the “Daily Contract Trading Challenge.” If you complete the relevant contract transaction requirements on a daily basis, in addition to claiming existing benefits like welcome bonuses, you’ll also be eligible to access a prize pool of up to $50,000!

Dates

  • Registration Period: 00:00 UTC on July 9 – 23:59 UTC on July 15, 2022
  • Competition Period: 00:00 UTC on July 9 – 23:59 UTC on July 15, 2022

Participation conditions

  • Sign up during the event period and have at least one day of contract trading with margin of $500 or more, sign up now>>

How It Works

Daily Contract Trading – Win up to $50 bonus

  • Each day during the event period, if at least one contract transaction with a margin amount of $500 or more (any trading pair) is completed, then that day’s challenge is fulfilled. Based on the number of challenge days completed and each transaction’s completion time, a corresponding trading bonus will be awarded. Reward tiers are not stackable so you will only receive the reward for the highest tier achieved. Prize pool is distributed on a first-come, first-serve basis.
No. of Days with Challenge Completed Trading Bonus Reward Given To
1<=x<3 $5 First 200 to complete
3<=x<5 $10 First 80 to complete
5<=x<7 $20 First 40 to complete
x=7 $50 First 20 to complete

Trade to share a $50,000 prize pool

  • During the event, if your total contract trading volume reaches >=$50,000, then you can access the $50,000 prize pool which will be distributed based on proportions of total trading volume.

Terms and Conditions

  1. Users must fill out and submit the following registration form to officially participate in this event. Those who do not submit this form are not eligible to receive event rewards.
  2. Contract trading volume = Amount of contract purchase/long + contract sale/short, calculated in USD terms
  3. Sub-accounts cannot directly participate as an independent account. Transactions made by sub-accounts are counted toward the main account.
  4. Registered users must complete KYC verification in order to be eligible to receive event rewards.
  5. The event rewards will be distributed to your account within 7 working days after the event ends. Please read this article for more details on bonuses.
  6. The trading bonuses are not available to users in the following regions/countries: India, Pakistan, Indonesia, Bangladesh, Vietnam and Philippines. Users from these regions can still qualify for other rewards.
  7. During the event, if our platform detects any cheating including but not limited to batch registrations, market manipulation, wash trading, and self-dealing, then the offending accounts will be disqualified.
  8. Phemex reserves all rights to the rules of this promotion, including but not limited to adjustment, interpretation and termination at any time without prior notice.

For any inquiries contact us at support@phemex.zendesk.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free

Related Articles

Was this article helpful?