1. Users must register for the event to be eligible for rewards.

2. Only users who have completed KYC verification are eligible to receive the rewards.

3. Event 1 has a total prize pool of 10,000 USDT, and rewards are first come, first served.

4. Event 2 has a total prize pool of 20,000 USDT, and rewards are first come, first served.

6. Market Makers and API traders are not eligible for this event.

7. Sub-accounts cannot participate in this event, and sub-account activity will be attributed to the main account.

8. New futures traders refer to users who have never made any futures trades before the promotion.

9. All USDT rewards in the event are Futures Trading bonus. The rewards will be distributed within 10 working days after the event ends. The futures bonus and position voucher will be valid for 7 days from the date of issuance. How to use the bonus and position voucher？

10. Phemex reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses, self-trading to inflate volume and any other activities in connection with unlawful, fraudulent or harmful purposes.

11. Phemex reserves the right to modify the terms of this event without notifying users in advance.

12. Apple Inc. is not a sponsor of or involved in this activity in any way.

13. First trade definition: Users must open a Futures position after the event starts and close the position before the event ends for it to be counted as the first trade for loss protection.

14. First Futures trade definition: Users who have never generated any Futures trading records before the event and complete their first Tradfi Futures trade during the event.

15. Futures trading volume = the sum of the notional value of all executed orders (excluding Fee); opening, closing, reducing positions, and liquidation trades are all counted toward trading volume.

16. More info: Join Phemex official Telegram group @Phemex_EN