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Phemex Up/Down Coin Flip

Author: Alan W.

Hello Phemex Traders

We are launching the first round of the Up/down Coin Flip event! This time the prize pool is rising to 100,000 USDT!


  1. Simply fill out this form and guess the range of BTC price change at exactly 8:00 UTC on Feb. 22, compared to its price of $40,712 which is BTC price at 8:00 UTC on Feb. 18.
  2. From 10:00 UTC on Feb. 18 and 7:00 UTC on Feb. 22, you must perform at least $50 worth of spot trading (no restrictions on which coin).


  1. Make a Guess and Spot Trade:  10: 00 UTC on Feb. 18 to 7:00 UTC on Feb. 22
  2. BTC Price Snapshot:  UTC 2/22 8:00 a.m. BTC Price
  3. Bonus Distribution: Feb. 23 – Feb. 26

Prize Pool – 100,000 USDT

  1. You win if you end up submitting the correct guess. There can be 20,000 winners total (first come, first serve)
  2. Each winner will receive 5 USDT
  3. Winners must have verified their accounts to get their reward
  4. USDT rewards will be distributed to spots wallets within 3 days after event concludes

Terms and Conditions

  • To qualify for this event you must fill in and submit this task form, then trade spot market  at least $50
  • All rewards will be distributed as trading bonuses to the user’s spot wallet
  • 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.
  • This event is only open to Phemex registered users whose accounts are in a normal state. Locked or frozen accounts are not eligible.
  • Users must complete KYC verification to receive rewards from this event
  • 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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