Dear Phemexers,

We’re extremely excited to bring you guys this new Referral Friends event with updated rewards. Starting from Sept. 9, you’ll be able to enjoy easy and convenient access to referral bonuses. Furthermore, this time invitees are also rewarded (by simply registering through a referral link, they’ll win a $5 contract cashback voucher), so everyone can get started on their crypto trading journey with ease.

Reward Details

Task 1:

1. Invite 1 friend to deposit 50 USD and complete a trade using $50 margin, and you get a $5 bonus.
2. Invite 1 friend to deposit 500 USD and complete a trade using $500 margin, and you get a $20 bonus.
3. Invite 1 friend to deposit 5,000 USD and complete a trade using $5,000 margin, and you get a $200 bonus.

Task 2:

For each successful referral, the invitee receives $5 contract cashback voucher

Task 3:

During the event period, all participants will be ranked on a leaderboard based on their number of successful referrals. The top 10 ranked participants will win additional rewards.

• 1st Place: $2000 bonus
• 2nd Place: $1000 bonus
• 3rd-10th Places: $200 bonus each

How to Join:

????https://phemex.com/account/referral/invite-friends

Invitee reward distribution time – Each day at 10:00 UTC our system will count and distribute rewards to the previous day’s registrants through the Referral Friends event.

Rules

1. You qualify for the reward if your invitee completes KYC verification, deposits at least $50, and completes a trade using at least $50 margin all within 7 days of registration.
2. Rewards for task 1 cannot be stacked. So if an invitee deposits more than $5,000 and completes a trade using margin of over $5,000, the inviter will receive an additional $180 bonus, bringing total rewards received up to $200.
3. After rewards for task 1 are unlocked, we will internally review eligibility and the rewards will be distributed after this review ends. The review period will last 7 to 30 days.
4. Invitee reward distribution time – Each day at 10:00 UTC our system will count and distribute rewards to the previous day’s registrants through the Referral Friends event.
5. The invitation bonus can only be used to open a position, pay a trading fee, or cover losses. Direct withdrawals, transfers, and conversions are not supported.
6. The following actions will result in immediate disqualification：batch account registration, profits from market manipulation, self-dealing or wash trades.Your account will be banned if any cheating is detected by our system.
7. September Referral Friends event rewards are not available to users in the following regions: India, Pakistan, Indonesia, Bangladesh, Uzbekistan, Philippines and Ukraine. Users in these regions are still eligible for other types of rewards.
8. To prevent any malicious actions, referral bonuses will be canceled if we detect any of the methods listed.
9. Phemex reserves the right to modify this program’s terms and conditions as final.