Dear Users,

AscendEX is excited to announce the listing of Youclout (YCT) under the trading pair YCT/USDT. Details are as follows:

Deposit & Withdrawal: Nov. 12, 2:00 a.m. UTC | Deposit Now>
Trading: Nov. 12, 2:00 p.m. UTC | Trade Now>
Trading Pair: YCT/USDT

Project Introduction of Youclout (YCT)

In celebration of the listing of Youclout (YCT), AscendEX and the Youclout team will launch several limited-time promotional events, taking place between 2:00 a.m. UTC on Nov. 12 and 12:00 a.m. UTC on Nov. 19, 2021, offering users a chance to share YCT pooled rewards worth 90,000 USDT!

Event One: Refer Friends, Win Rewards Together
Each user who refers one *qualified new user to AscendEX will be eligible for YCT rewards worth 5 USDT. Rewards for each referrer are capped at 200 USDT and total rewards capped at 10,000 USDT will be distributed based on the ranking of the number of referees each user has signed up on a first-come-first-served basis. Additionally, all qualified new users will be eligible for an equal share of a YCT rewards pool worth 10,000 USDT.

Please note,
1. Prize Pools: 10,000 USDT for referrers; 10,000 USDT for referees.
2. *Qualified new users are users who sign up on AscendEX with the referrers' invitation link and maintain a minimum YCT trading volume (buy amount+ sell amount) of 150 USDT or more.

Event Two: Buy YCT, Earn Rebate
AscendEX will rank users who buy YCT while maintaining a net buy amount (buy amount – sell amount – withdrawal amount) of at least 8,000 YCT by their net buy amount. Qualified users will be eligible to share in a prize pool worth 50,000 USDT in YCT tokens on a first-come-first-served basis. Please see below for rebate details:

RankRebateMax. Rebate
1st-10thNet Buy Amount*5%1,000 USDT worth of YCT
11th-100thNet Buy Amount*2%300 USDT worth of YCT
Beyond 100thNet Buy Amount*1%100 USDT worth of YCT

Event Three: 20,000 USDT YCT Airdrop
Users who deposit BTC, ETH, USDT, or USDC in AscendEX Staking programs while maintaining a 7-day average staking amount of at least 300 USDT will be eligible to proportionally share 20,000 USDT worth of YCT airdrop rewards based on their 7-day average staking amount. Each qualified user will be eligible for up to 300 USDT worth of rewards in YCT tokens.

For PC clients: Participate in Staking for BTC, ETH, USDT or USDC
For App clients: Click Staking on the homepage

Please note:
1.  Airdropped YCT tokens will be “locked up” and displayed on the [Wallet] page under YCTLCK.
2. Within three days of receiving the airdrop rewards, users who have accumulated an amount of YCT 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.
3. The 7-day average staking amount equals the sum of daily staking amount/7.
4. The staking amount will be calculated in USDT at its closing price on the day of the event’s conclusion.
5.  Each user's account is limited to ONE airdrop reward.
6. If participants choose to unstake their assets before the event’s conclusion, they will not be eligible for the event rewards. However, the Staking profits they have earned will not be affected.
7. Staking rewards will be calculated and distributed based on the staking rules. YCT airdrop rewards will be distributed to winners’ accounts within 7 days after the event’s conclusion.

Event Terms and Conditions:
1. Users must have a verified AscendEX account to be eligible to participate.
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. Rewards of Event One and Two will be distributed to the winners’ accounts 15 days after the event’s 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 events. 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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