Futures Trading & Margin Trading
Referral Promotion: Win up to $50 for Each Referral
Publish on 2023-03-22
AscendEX is excited to roll out a special referral promotion with a prize pool worth $200,000! All you need to do is invite your friends to join AscendEX, and you can earn up to $50 in rewards for each successful referral. Additionally, you may participate in the referral contest and get a chance to win a share of $10,000. If you're a new user, you are eligible to get your profits doubled and a 100% subsidy when incurring a trading loss. Join now!
Event period: March 23, 12:00 a.m. – April 10, 12:00 a.m. (UTC)
Event 1: Refer Friends to Win a Share of $10,000
During the event, each inviter can get up to $50 in rewards for each qualified user invited (who completes their first futures trade and has a futures trading volume greater than $5,000) and the invitee can win up to $20. Each participant can win a maximum of $2,000.
No. of Referral
Reward for Each Inviter
Reward for Each Invitee
For an existing user: $10
Note: New users who open a futures account can receive an extra $10 futures bonus, and up to $2023 in the welcome gift package.
Event 2: Join the Referral Contest to Share $10,000
During the event, the platform will rank the inviters based on the size of their invited users' futures trading volume and reward them according to the following requirements:
· The trading volume of qualified referrals >$1 million
Event 3: PnL Subsidy Fund of $180,000: Double Your Profits and Get a 100% Loss Subsidy!
During the event, new futures trading users with a trading volume of more than $10,000, and within a PnL range of $500, can enjoy double profits and a 100% loss subsidy. The total subsidy is worth up to $180,000 in futures bonuses.
For example, if during the event, Jack’s cumulative futures trading volume is more than $10,000, with a profit of $500, the platform will reward him with an additional $500 in futures bonuses. If Jack incurs a cumulative loss of $500 during the event, the platform will also give him a subsidy worth $500 in futures bonuses to cover his losses.
- The futures trading pairs for the events are limited to BTCUSDT and ETHUSDT.
- The rewards for the first two events are composed of 20% USDT and 80% futures bonuses, and will be distributed within 15 working days after the events end.
- For Event 1, the total referral rewards are set at $10,000. If the total rewards for all participants are less than $10,000, all rewards will be fully distributed. If the rewards exceed $10,000, they will be distributed according to the actual rewards for participants multiplied by coefficient N, where N = $10,000 / rewards for participants.
- The formula for calculating the profit and loss in Event 3 is: Profit and loss amount = Futures account balance at the end of the event - Futures account balance at the beginning of the event + Withdrawals from futures account during the event – Deposits to futures account during the event.
- In Event 3, the maximum amount of the profit and loss subsidy pool is set at $180,000 in futures bonuses. If the total subsidy amount for all participants is less than $180,000 in futures bonuses, all subsidies will be fully paid. If exceeding $180,000 in futures bonuses, subsidies will be paid based on the total actual subsidy amount multiplied by a coefficient N, where N = $180,000 / subsidies for participants.
- A sub-account cannot participate in the events as an independent account and the trading volume of the sub-account will be counted towards the main account.
- The futures bonus credit can be used for futures trading and deducting trading fees. For detailed usage rules please refer to "Terms and Conditions on Future Bonus Credits."
- Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the activities. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.
- Users in the following countries are not eligible to participate in the events: China, United States, Puerto Rico, US Virgin Islands, Guam, Northern Mariana Islands, American Samoa, Bangladesh, Bolivia, Burundi, Cuba, Republic of Congo, Ecuador, Iran, Iraq, Lebanon, Libya, Liberia, Mali, Morocco, North Korea, Nepal, Somalia, Sudan, Syria, Venezuela, Samoa, Yemen, Zimbabwe, Afghanistan, Canada, Eritrea, Myanmar, Romania, South Sudan, Brazil, and Colombia.
Thank you for your continued support!
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