Dear Users,

AscendEX will list Ternoa (CAPS) under the trading pair of CAPS/USDT on Jul 27 at 1:00 p.m. UTC, 2021. The deposit and withdrawal functions for CAPS are now available. In celebration of the CAPS listing, AscendEX and the Ternoa team will jointly launch a limited-time promotional event, taking place from Jul 27, 1:00 p.m. UTC to Aug 3, 12 a.m. UTC, offering users a chance to win pooled rewards worth up to 40,000 USDT!


Event: Ternoa (CAPS) Trading Challenge
AscendEX will rank participants who trade CAPS and maintain a daily trading volume (Buy + Sell) of 4,000 CAPS or more based on their *Weighted Trading Volume. Qualified participants will be eligible to win a share of pooled CAPS tokens worth 40,000 USDT.

*Weighted Trading Volume: Total Trading Volume (Buy + Sell) * Trading Factor

Please see below for Trading Factor details:

Trading RequirementTrading Factor
Trade CAPS for one day while maintaining a daily trading volume of 4,000 CAPS or more0.8
Trade CAPS for three days while maintaining a daily trading volume of 4,000 CAPS or more1.3
Trade CAPS for five days while maintaining a daily trading volume of 4,000 CAPS or more1.5

Event Terms and Conditions 
1. Users must have a verified AscendEX account in order to be eligible to participate in the event.
2. Users cannot join this event using a sub-account. Sub-accounts' trading volume will be included in the parent account's trading volume. 
3. One day is defined as 12 a.m. UTC to 12 a.m. UTC the next day, such as Jul 27, 12 a.m. UTC to Jul 28, 12 a.m. UTC. 
4. Event rewards will be distributed to the winners’ accounts 15 days after the event’s conclusion.

AscendEX will strictly enforce all event rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the event. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.

Thank you for your continued support!

The AscendEX Team

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