AscendEX will list XCAD Network (XCAD) under the trading pair of XCAD/USDT on July 8 at 1:00 p.m. UTC, 2021.
In celebration of the XCAD listing, AscendEX and the XCAD Network team will jointly launch two limited-time promotional events for a chance to win pooled rewards up to 80,000 USDT!
Event Period: July 8, 1:00 a.m. UTC - July 15, 12:00 a.m. UTC
Event One: Deposit and Trade XCAD to Win a Rebate
With a verified AscendEX account, participants with Net Deposits (Deposit - Withdrawal) greater than 200 XCAD will be eligible to win a 2% rebate of their Net Deposit. The rebate rewards pool will be capped at 10,000 USDT worth of XCAD tokens. Each eligible account can win rebate of XCAD tokens worth up to 100 USDT based on their Net Deposit ranking on a first-come-first-served basis.
With a verified AscendEX account, participants who trade XCAD with a trading volume (Buy + Sell) greater than 200 XCAD will be eligible to win a 1% rebate of their trading volume. The rebate rewards pool will be capped at 60,000 USDT worth of XCAD tokens. Each eligible account can win rebate of XCAD tokens worth up to 500 USDT based on their trading volume ranking on a first-come-first-served basis.
Event Two: 10,000 USDT XCAD Airdrop
Select AscendEX users will be invited to participate in a lucky draw for a chance to win a share of a 10,000 USDT XCAD rewards pool. Those selected will be notified via email and will need to register to receive the airdrop rewards. See below for the terms and conditions.
Airdrop Terms and Conditions:
- Only users who receive an airdrop invitation email are eligible to participate in this event. To increase your chances of receiving an invitation, bind your email address to your AscendEX account.
- Airdropped XCAD tokens will be “locked up” and displayed on the [My Asset] page under XCADLCK.
- Within three days of receiving the airdrop rewards, users with an accumulated amount of XCAD that is equal to or greater than twice the amount of the airdrop, will have their airdrop tokens released within one hour. Those with less than double the amount of the airdrop will be deemed to have voluntarily given up their airdrop rewards.
- Each user’s account is limited to ONE airdrop reward.
- Airdrop Multiple Card holders who complete the Reward Registration Form will have priority to receive 30 USDT worth of airdrop rewards. If the user wins the airdrop, they will be deemed to have used their Airdrop Multiple Card once.
- The XCAD price is calculated by the market price at the time of the rewards distribution. A total of 6,369 XCAD tokens (worth 10,000 USDT) will be distributed on a first-come-first-served basis. Rewards will be distributed to the winners’ accounts within 3 days of the event conclusion.
Event Terms and Conditions:
- Users must have a verified account to be eligible to participate in the two events.
- Only deposits from external wallet addresses of non-AscendEX platforms will be eligible for the event. Token transfers between accounts on the AscendEX platform will not be eligible.
- Users cannot register to join this event using a sub-account. Sub-accounts' trading volume will be included in the parent account's trading volume.
- Rewards of Event One will be distributed to reward winners’ accounts within 15 days of the event conclusion.
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 competition. AscendEX reserves the final rights on the interpretation and adjustment of these Terms and Conditions.
Thank you for your continued support!
The AscendEX Team