Terms & Conditions
Eligibility This event is open to all Phemex users who have completed KYC verification. Sub-accounts, market makers, brokers, and institutional accounts are not eligible. Each user may register once, and multiple accounts are strictly prohibited.
Registration & Tasks
Users must complete event registration on the landing page between April 14, 2026 10:00 UTC and April 20, 2026 10:00 UTC to be eligible for rewards. Mystery Boxes are awarded upon completing the designated tasks: registering and completing KYC (1 Mystery Box), achieving a net deposit of ≥ $100 USDT during the event period (1 Mystery Box), and successfully inviting a friend who completes registration and KYC (1 Mystery Box per valid referral, up to a maximum of 5 referrals per user). Unopened Mystery Boxes will expire at the close of the registration period.
Net Deposit Rules Net deposit is calculated as total deposits minus total withdrawals from April 14, 2026 10:00 UTC to April 20, 2026 9:59 UTC. Qualifying users must maintain a cumulative net deposit of ≥ $100 USDT through the final verification at April 21, 2026 10:00 UTC. Accounts falling below this threshold before verification will not qualify.
Reward Distribution
All prizes from the warm-up Mystery Box event will be distributed by April 29, 2026 and unlocked for manual claiming upon the official launch of the Prediction Market on April 21, 2026 10:00 UTC. Prizes must be claimed within 7 days of issuance; unclaimed prizes will expire. All trading bonuses and cashback vouchers are valid for 7 days from the date of issuance. Bonus rewards are non-withdrawable.
Prohibited Conduct & General
Phemex strictly prohibits any form of fraudulent or manipulative activity, including but not limited to multi-accounting, wash trading, self-trading, account sharing, or exploiting loopholes for arbitrage. Users found in violation will be immediately disqualified. Phemex reserves the right to modify, suspend, or terminate this event at any time without prior notice, and retains the right of final interpretation. Prediction market trading involves risk — please trade responsibly.