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Announcements > Activities > Rewards Extravaganza Event – Phemex Phestival 2022 >

Rewards Extravaganza Event – Phemex Phestival 2022

Author: Alan W. Date: 2021-12-22 07:59:22

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Calling all traders,

We’ve already announced the Banxa 0 Fee Deposits and Investment Bonus Event as part of Phemex Phestival 2022. Now, we’re launching the final event called Rewards Extravaganza! This one is just too good to pass up. During the event period, deposit and transfer assets into your contract trading account, and you’ll receive a trading bonus worth 3% of the assets you’ve transferred! Remember, buying crypto on Phemex counts as a deposit, and while the Banxa 0 Fee Deposits event is in place, you can buy crypto using Banxa with no fees.

How does it work?

  • Deposit BTC or USDT between Dec. 21, 2021 at 0:00 UTC and Jan. 1, 2022 at 0:00 UTC
  • Transfer your new deposit into your BTC or USD trading account before 8:00 UTC on Jan. 5th, 2022
  • Your bonus will be calculated based on your net deposit between Dec. 21, 2021 at 0:00 UTC and Jan. 1, 2022 at 0:00 UTC, and the balance in your trading account at 8:00 UTC on Jan. 5th, 2022
  • 3% of the amount you deposited and transferred during event period will be distributed into your USD or BTC trading account on Jan. 5th as a trading bonus
  • Whether the bonus is distributed into your USD or BTC trading account will depend on which account you transferred your assets into. If you transfer into both accounts, the bonus will be sent to the one you have more assets in
  • For this event, the maximum bonus amount for a single user is up to $2000

For Example: 

  • Your net deposit between Dec. 21st and Jan. 1st is 1000 USDT. By 8:00 UTC on Jan. 5th, you have transferred $900 of that deposit to your USD trading account. In this case, your bonus will be calculated based on $900, so total bonus would be .03 x 900 = $27 trading bonus sent to your USD trading account;
  • Your net deposit between Dec. 21st and Jan. 1st is 1000 USDT. By 8:00 UTC on Jan. 5th, you have transferred $500 of that deposit to your USD trading account. Your USD trading account already had $1000 from before, so now the total balance is $1500.  In this case, your bonus will be calculated based on $500, so total bonus would be .03 x 500 = $15 trading bonus sent to your USD trading account;

Dates

  • Event Period for Deposits: Dec. 21, 2021 at 0:00 UTC to Jan. 1, 2022 at 0:00 UTC
  • Event Period for Transfers: Dec. 21, 2021 at 0:00 UTC to Jan. 5, 2022 at 8:00 UTC
  • Bonus Distribution: Jan. 5th, 2022

How to participate

Terms and Conditions

    • You can continue to enjoy Buy Crypto using Banxa with zero fees
    • Net deposit = Total deposit – Total withdrawal
    • After depositing, you must transfer the funds into your trading account in order to qualify for rewards
    • Please complete this form after you have purchased/deposited crypto and transferred it to your 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.
    • 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.

 

 

 

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