AscendEX has launched perpetual futures contracts for PORT-Perp, offering leverage of up to 50x. In celebration of this launch, AscendEX and the PORT team will roll out multiple promotional events with a total prize pool of 25,000 USDT.
Period: Oct. 23 at 12 a.m. - Nov. 1 at 12 a.m. UTC, 2021
Event One: Trade PORT-Perp Futures to Receive 20 USDT Worth of Rewards
The top 1,000 participants who trade PORT-Perp futures while maintaining a trading volume of at least 500 USDT will be eligible to receive a Futures Bonus Credit worth 10 USDT.
Among the top 1,000 traders, the top 300 first-time futures traders (limited to the PORT/USDT pair) who submit the Registration Form will be awarded an extra 10 USDT worth of PORT rewards. The rewards will be capped at 13,000 USDT and will be distributed on a first-come-first-served basis.
Claim Now (Futures Bonus Credits can be claimed within 24 hours after the completion of futures trades.)
Event Two: Join the PORT-Perp Futures Trade Challenge to Share an 8,000 USDT Worth of PORT Tokens
AscendEX will rank the participants who trade PORT-perp futures with a trading volume of at least 50,000 USDT, and offer the top 50 eligible participants a chance to share 8,000 USDT worth of PORT tokens based on their trading volume from high to low. Please see below for rewards details:
3,000 USDT worth of PORT tokens
1,000 USDT worth of PORT tokens
500 USDT worth of PORT tokens
An equal share of 2,100 USDT worth of PORT tokens
An equal share of 1,400 USDT worth of PORT tokens
Event Three: Transfer Staked PORT to Trade Futures for a Share of the 2,500 USDT Prize Pool of PORT Tokens
The top 500 users who make a transfer of their staked PORT assets to their Futures Accounts while maintaining a futures trading volume of 500 USDT or more (limited to the PORT/USDT pair) will be eligible for an equal share of a 2,500 USDT prize pool of PORT tokens.
Event Terms and Conditions
1.For this 9-day event, one day is defined from 12 a.m. UTC to 12 a.m. UTC the next day.
2.The top 50 participant of the PORT-Perp Trade Challenge will be announced three days after the event’s conclusion.
3.Participants will only receive this event’s rewards if they have also participated and won rewards in the Wednesday Lucky Draw event.
4.Rewards of Futures Bonus Credits for Event One can be claimed after the event’s conclusion and will be credited to winners’ accounts within 24 hours. Other rewards will be distributed to winners’ accounts within 15 days after the event’s conclusion and participants must have a verified AscendEX account to be eligible to receive the rewards.
5.Sub-accounts cannot participate as an independent account, but their trading volume will be credited towards their parent accounts.
6.An AscendEX Futures Bonus credit denominated in USDTR (equivalent to USDT in value) can be used to pay for futures trading/funding fees. Please read HERE for Futures Bonus Credit Terms and Conditions to learn more.
7.AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the events. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.
Thank you for your continued support!
The AscendEX Team