Dear users,

In appreciation of our users’ continued support, AscendEX Earn is rolling out the “Stake & Earn” program, a specially designed offering geared towards the various investment needs of users. 

The event (Phase-I) will be launched between Feb. 21, 12 a.m. and Mar. 7, 12 a.m. UTC. Users can participate by delegating assets to the BTC Staking program, where users can earn up to a 110% APR increase on their staked BTC and join a lucky draw for a chance at 50 USDT worth of rewards. Please see below for details:

Participate in the BTC Staking to join the event
PC clients: Click HERE to participate BTC Pre-staking
APP clients: Click on “Staking” on the homepage to participate

Event One: Double Interest Benefits Increase Extra APR Up to 110%
①    A Limited-time APR increase of 10%
Users who participate in the BTC Staking while maintaining at least 0.008 BTC in their investment accounts will be eligible for a limited-time APR increase of 10% on BTC they deposited. The APR will return to the previous level after the conclusion of the event.

②    Refer Friends to Earn Up to 100% APR
Users who refer their friends to sign up on AscendEX and participate in the BTC staking will be eligible to benefit an extra APR increase according to the following referral criteria:

  • An extra APR increase of 5% for each referrer who makes an eligible referral, with a maximum APR increase of 100%
  • An eligible referral means a referee who registers via the exclusive referral link provided by the referrer and maintains at least 0.008 BTC in their investment account.

Event 2: Join the Lucky Draw
New users who participate in the BTC Staking while maintaining at least 0.008 BTC in their investment accounts will be eligible for a lucky draw. 100 new users will be picked out based on the lucky draw rules to win a share of 5,000 USDT in rewards, with each winner receiving 50 USDT worth of rewards.

Please note:
1.     Only assets utilized in BTC Staking between Feb. 21, 12 a.m. and Mar. 7, 12 a.m. UTC will count towards the event. Assets deposited before the event will not be calculated towards the event.
2.     Rewards for the first event will be capped at 25,000 USDT. Rewards will be distributed based on users’ deposit amount rankings in descending order on a first-come-first-served basis. Each qualified user will be eligible to win up to 200 USDT. Rewards = Users’ deposit amount (USDT) during the event * Est. APR Increase * (Number of Deposit Days during the Event / 365). The deposit amount will be calculated in USDT and will be subject to the closing price of the pair of the deposit TOKEN/USDT at the event’s conclusion.
3.     The lucky draw rules: The last digit of the first BTC block hash after the event’s conclusion will be the lucky draw number and the last number of a user’ UID will be the draw code. If a user’s draw code matches the lucky draw number, the user will win in the lucky draw. If the number of winners exceeds 100, users who deposited BTC earlier will receive their rewards first.
For instance, assume that the first BTC block hash after 12:00 a.m. UTC, Mar. 17 is 0000000000000000000cb9fb7105a87574da6a048a95cbe73aa44d374969b22d, the last digit of the hash value is 2. If A’s UID is U0437496922, A’s draw code is 2. Since the lucky draw number is the same as the draw code, A wins in the lucky draw.
4.     New users in the second event is for users who have not invested in any investment product of AscendEX since their registration after April 2020.
5.     Users will not be eligible for the event rewards if they withdraw their assets before the conclusion of the event. Rewards earned and received will not be affected.
6.     The normal staking returns will be calculated and distributed according to the regular staking rules, and the event rewards will be distributed to winners’ accounts in USDT within 15 days after the event’s conclusion.
7.     Users must have a verified AscendEX account to be eligible to claim their rewards.

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

Website: https://ascendex.com  
Twitter: https://twitter.com/AscendEX_Global    
Telegram Group: https://t.me/AscendEXEnglish