AscendEX has launched perpetual futures contracts for AKT-Perp and XPRT-Perp on Oct. 21, 2021. In celebration of the launch of the new futures contracts, AscendEX is partnering with the AKT and XPRT teams to roll out multiple promotional events with a prize pool of 60,000 USDT, taking place between Oct. 22, 12 a.m. and Nov. 1, 12 a.m. UTC, 2021.
Event One: Trade AKT, XPRT-Perp Futures to Receive 25 USDT Worth of Rewards
Participants who complete one futures trade of AKT-Perp or XPRT-Perp will be eligible to receive a Futures Bonus Credit worth 5 USDT. Each eligible participant can win credits worth up to 10 USDT.
AscendEX users, new to futures trading, who register for this event and complete their first-time futures trade (limited to AKT, XPRT-Perp) will be eligible to win extra 5 USDT in rewards (withdrawable).
Claim Now (Futures Bonus Credits can be claimed in real time within 24 hours after the completion of futures trades.)
Event Two: Join "10-Day Futures Trading Prediction Challenge" to Share in a 25,000 USDT Prize Pool
Users who perform daily trades of AKT-Perp and XPRT-Perp futures contracts, who make the right futures trading prediction on the token that moved higher over the past 24 hours by 4:00 a.m. the next day while maintaining a daily trading volume of at least 1,000 USDT will be eligible to share in a daily prize pool worth 1,500 USDT.
The Futures Trading Prediction Challenge comes with ten rounds, one round per day. The users who make seven right predictions will be eligible to share in an extra 10,000 USDT prize pool.
Please see below for the details:
|Pool Name||Pool Distribution||Eligibility|
|Daily Prize Pool||An equal share of a rewards pool worth 1,500 USDT||Users who make the right trading prediction on the token that moved higher over the past 24 hours by 4:00 a.m. the next day while maintaining a daily trading volume of at least 1,000 USDT will be eligible to share in the daily prize pool.|
|Best Predictor Prize||An equal share of a rewards pool worth 10,000 USDT||Users who make 7-10 right predictions|
For instance: Alice executed AKT-Perp futures trades between 12:00 a.m. on Oct. 22 and 12:00 a.m. UTC on Oct. 23 while maintaining a trading volume of 1,000 USDT. If the 24h price rise of AKT by 4:00 a.m. UTC on Oct. 23 is greater than that of XPRT, Alice is eligible to equally share in the 1,500 USDT prize pool of the day from 12:00 a.m. on Oct. 22 and 12:00 a.m. UTC on Oct. 23.
Event Three: Complete Tasks to Share 20,000 USDT in Rewards
|Stake XPRT or AKT for the first time (staking amount ≥100 USDT)||10 USDT||Limited rewards for the top 500 stakers, first come, first served|
|Transfer staked XPRT or AKT assets to the futures account (futures trading volume ≥1,000 USDT)||20 USDT futures bonus credits||Limited rewards for the top 500 traders, first come, first served|
|Refer one friend to participate in Event Two|
Referrer: 5 USDT
Referee: 5 USDT
|Retweet and share the event poster and provide the screenshots to get rewards||10 USDT futures bonus credits||Limited to five times|
Event Terms and Conditions
- For this event, one day is defined as 12 a.m. UTC to 12 a.m. UTC the next day.
- The rewards for Futures Trading Prediction Challenge consist of USDT and Futures Bonus Credits and will be airdropped to the winners' accounts in a random manner.
- Rewards of Futures Bonus Credits for the Event One will be credited to winners’ accounts within 24 hours after the completion of futures trades. Other rewards will be distributed to winners' accounts within 15 days after the event’s conclusion. Participants must have a verified AscendEX account to be eligible to receive rewards.
- Sub-accounts cannot participate as an independent account, but their trading volume will be credited towards their parent accounts.
- The event’s reward pool is capped at 60,000 USDT total. Reward winners with winnings worth 60,000 USDT or less, will receive all available rewards. Rewards winners with winnings worth over 60,000 USDT will receive rewards based on the following proportional calculation: All Rewards Available * Factor N (Factor N = 60,000 USDT / all rewards available).
- AscendEX Futures Bonus credit denominated in USDTR (equivalent to USDT in value) can be used to pay for futures trading/funding fees. Please read HERE for Futures Bonus Credit Terms and Conditions to learn more.
- 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
Telegram Group: https://t.me/AscendEXEnglish