AscendEX is thrilled to announce the listing of the Vera token (VERA) under the trading pair VERA/USDT. Details are as follows:
Deposit & Withdrawal: Dec. 1, 2:00 a.m. UTC | Deposit Now>
Trading: Dec. 1, 2:00 p.m. UTC | Trade Now>
Trading Pair: VERA/USDT
Project Introduction of Vera (VERA)
As the BEP20 and ERC20 network are both supported, users should select the corresponding network when making deposits to avoid the settlement issues.
In celebration of the listing of Vera token (VERA), AscendEX and the Vera team will launch several limited-time promotional events, taking place between 2:00 a.m. UTC on Dec. 1 and 12:00 a.m. UTC on Dec. 8, 2021. By depositing VERA, users will stand a chance to share 80,000 USDT worth of VERA pooled rewards!
Event One: Rewards Available Exclusively to New Users
Users who sign up on AscendEX via the exclusive link and maintain a VERA *reward weight of 300 VERA or more will be eligible to equally share a total of 10,000 USDT worth of VERA rewards.
VERA reward weight = VERA net deposit amount (deposits – withdrawals) + VERA trading volume (buys + sells)
Event Two: Win Rebates on Net Buy
AscendEX will rank users who maintain a net buying amount (buys – sells - withdrawals) of 800 VERA or more. The eligible users will receive rebates on their net buying amount. The rebates will be capped at 30,000 USDT and distributed based on the net buy rankings from high to low on a first-come-first-served basis. Please see below for details:
|Rank||Rebate Ratio||Max. Rebate|
|1st – 10th||Net buying amount * 6%||1,000 USDT worth of VERA rewards|
|11th – 100th||Net buying amount * 3%||300 USDT worth of VERA rewards|
|Beyond the 100th||Net buying amount * 1%||100 USDT worth of VERA rewards|
Event Three: Trade VERA to Win Rewards from a Lucky Draw
Users who trade VERA while maintaining a trading volume (buys + sells) of 800 USDT or more will be eligible to equally share a total of 10,000 USDT worth of VERA rewards. Moreover, the eligible users will also stand a chance for a lucky draw. 300 participants will be eligible to win 100 USDT worth of VERA tokens each.
Lucky Draw Rules: AscendEX will take the last 9 digits of the hash rate of the first Ethereum block following the event’s conclusion as the lucky serial number. By comparing the absolute value of the difference between the lucky serial number and the last 9 digits of users’ UID in the ascending order, the top 300 traders will be selected and awarded 100 USDT worth of VERA tokens each. If the 301st trader shares the same absolute value of the difference with the 300th trader, the trader who maintains a higher VERA trading volume will win the reward.
Assume the hash rate of the first Ethereum block after 12:00 a.m. Dec 8 UTC, 2021 is 0xf086192a664092eaa3303da6180458ff48a1756b1a3ab40b9d68ca76bb6408f2, then the lucky serial number is 687664082. If 687664083 is the last 9 digits of A’s UID, the absolute value of the difference between the lucky serial number and the last 9 digits of A’s UID is 1. Based on the rule, traders with the absolute value of difference from 1 to 300 are selected as eligible traders to receive the reward.
- Users must have a verified AscendEX account to be eligible to participate.
- Only the deposits transferred from external wallets (i.e., non-AscendEX wallets) count towards the event, and assets transferred among AscendEX’s accounts will be excluded.
- Sub-accounts cannot participate as an independent account, but their trading volume will be counted towards their parent accounts.
- Rewards will be distributed to the accounts of the winners within 15 days after the events' conclusion.
AscendEX will strictly enforce all the related rules. Any participants found violating event rules, such as the use of duplicate or false accounts, will be removed from the event participation. 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