Dear users,

AscendEX will roll out the fourth round of the LuckyDrop program, offering users an opportunity to buy CCD worth 25,000 USDT with 50% off. Details are as follows:

Subscription Time: Apr. 12, 2 a.m. - 11 a.m. UTC
Qualifying Period: Apr. 8, 12 a.m. - Apr. 12, 12 a.m. UTC

For Web Users: Click HERE to join the LuckyDrop (50% OFF - CCD)
For App Users: Click LuckyDrop on the homepage of the app.

LuckyDrop Brief

LuckyDrop Subscription Amount

500,000 CCD worth 25,000 USDT

LuckyDrop Mode

Lucky Raffle + Participation Rewards

Subscription Price

50% off the market price

(The subscription price will be calculated at the average closing price at 12 a.m. daily before LuckDrop begins.)

Payment Token

ASD /ASDP (1 ASD = 25 ASDP)

Winning Amount per Lucky Raffle Round

2,000 CCD (200 subscriptions available)

Total Allocation for Lucky Raffle

400,000 CCD

Total Allocation for Participation

100,000 CCD

Participation Requirements

Trailing 4-day average account holdings of 5,000 USDT or more or total trading volume of 5,000 USDT or more between Apr. 8, 12 a.m. and Apr. 12, 12 a.m. UTC, 2022.

Lockup Rule

No Lockup

Subscription Time

Apr. 12, 2:00 a.m. - 11:00 a.m. UTC

Lucky Raffle Result Release Time

Apr. 12, 11:01 a.m. UTC

Token Distribution Time

By Apr. 12, 12:00 p.m. UTC

LuckyDrop Rules

1. Verified users with average account holdings of 5,000 USDT or more or total trading volume of 5,000 USDT or more will be eligible to participate in the LuckyDrop. The higher the account holdings or trading volume, the more discounted CCD users can subscribe.

2. The number of subscriptions for a regular account is based on the trailing 4-day account average holdings or total trading volume. The maximum number of subscriptions per user account is capped at 6. Users can select an account with the greatest number of subscriptions to participate. 

Trailing 4-Day Average Holdings (USDT)

Type

Trailing 4-Day Total Trading Volume (USDT)

Max. Number of Subscriptions per Account

≥ 5,000

or

≥ 5,000

1

≥ 10,000

or

≥ 10,000

2

≥ 15,000

or

≥ 15,000

3

≥ 20,000

or

≥ 20,000

4

≥ 25,000

or

≥ 25,000

5

≥ 30,000

or

≥ 30,000

6

Please note,

  • Users’ trailing 4-day average holdings in a Cash Account, Margin Account, Futures Account and Investment Account will be calculated every day from Apr. 8, 12:00 a.m. to Apr. 12, 12 a.m. UTC, 2022.
  • Users’ trailing 4-day total trading volume (including cash trading, margin trading and futures trading) will be calculated in USDT between Apr. 8, 12:00 a.m. and Apr. 12, 12 a.m. UTC, 2022.

3. Only ASD or ASDP available in users' Cash Accounts can be used to pay for their subscriptions(1 ASD = 25 ASDP). The ASD or ASDP they used for payment will be deducted accordingly after they made the subscriptions. After the conclusion of the subscription, the lucky raffle will start. Lucky raffle winners will receive the LuckyDrop quota. Users who don’t win in the lucky raffle will be eligible to share in the pooled participation rewards.
4. If the shares that users win from the pooled participation rewards exceed the users' subscription value, users can only receive participation rewards shares worth up to the amount of their subscription values.
5. After the conclusion of the LuckyDrop, assets paid for subscriptions that have lost the LuckyDrop will be refunded to users’ account before Apr. 12, 12:00 p.m. UTC.
6. Tokens for winning accounts will be distributed by 12:00 p.m. UTC on Apr. 12. 
7. Any ASD and ASDP collected from this LuckyDrop will be permanently locked up. Please note that ASD consumption in the LuckyDrop will result in ASD release from the private sale portion.

Terms and Conditions
1. Users are required to complete account verification to participate in the LuckyDrop.
2. Users are required to agree to and acknowledge LuckyDrop T&Cs.
3. Sub-accounts cannot participate as an independent account.
4. Users from the following countries and regions are prohibited from participation: the United States, Balkans region, Belarus, Myanmar, Côte d'Ivoire, Cuba, the Democratic Republic of the Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syrian Arab Republic, Zimbabwe, Algeria, Bangladesh, Bolivia, Cambodia, Ecuador, Nepal, Afghanistan, Burundi, Central African Republic, Malaysia, Ethiopia, Guinea, Guinea-Bissau, Lebanon, Sri Lanka, Libya, Serbia, Somalia, South Sudan, Tunisia, Trinidad and Tobago, Ukraine, Uganda, Venezuela, and Yemen.

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