Dear users,
In appreciation of our users’ continued support, AscendEX will launch the 9th round of the "Margin Trading Lucky Draw" event, providing users with the chance to share pooled rewards worth 20,000 USDT. Users who trade on margin daily or refer friends to execute margin trades will be eligible to win a share of the rewards. The maximum rewards each user can receive is 1,000 USDT. Users who complete margin tasks in the Rewards Center will be eligible to win an extra bonus. Details are as follows:
Event period: Apr. 14, 12 a.m. – Apr. 21, 12 a.m. UTC, 2022
Event One: Trade on Margin Daily to Win Up to 1,000 USDT in Rewards
Users who perform margin trades of any token for three days while maintaining a daily trading volume of at least 200 USDT will be eligible to participate in a lucky draw with rewards worth up to 1,000 USDT.
| Rank | Rewards |
| Grand Prize | 1,000 USDT |
| First Prize | 100 USDT |
| Second Prize | 30 USDT |
| Third Prize | 15 USDT |
| Participation Prize | 5 USDT |
Event Two: Refer Friends to Trade on Margin to Win Up to 300 USDT
The top 20 users who sign up for the event and refer a friend to complete the required margin trading task* will be eligible to claim 5 USDT worth of rewards. The maximum rewards each referrer can receive is 300 USDT.
*Required margin trading task: Perform margin trades of any token for three days while maintaining a daily trading volume of at least 200 USDT.
Event Three: Complete Margin Trading Tasks to Win Up to 50 USDT in Point Cards
Users who complete the margin tasks in the Rewards Center will be eligible to win AscendEX’s point cards. (1 point = 1 USDT) Point cards can be used to pay for loan interest in margin trading with a 50% discount. Complete now!
Terms and Conditions
1. Lucky draw rules: AscendEX will take the last four digits of the hash of the first Bitcoin block after 12:00 a.m. UTC on Apr. 21, 2022 as the lucky number. Lucky draw rewards will be based on how much the last four digits of eligible users’ UIDs are matched to the lucky number. Please see below for details:
- Fully matched, 1,000 USDT worth of rewards
- Last 3 digits matched, 100 USDT worth of rewards
- Last 2 digits matched, 30 USDT worth of rewards
- Last 1 digit matched, 15 USDT worth of rewards
- No matching, 5 USDT worth of rewards
The lucky number will be unveiled at 4:00 a.m. UTC on Apr. 21, 2022. Luck Number：9777
2. One day is defined from 12 a.m. UTC to 12 a.m. UTC the next day.
3. The reward pool is capped at 20,000 USDT total. Rewards winners with winnings worth 20,000 USDT or less, will receive all available rewards. Rewards winners with winnings worth over 20,000 USDT, will receive rewards based on the following proportional calculation: All Rewards Available * Factor N (Factor N = 20,000 USDT / all rewards available).
4. Sub-accounts cannot be used as an independent account to participate this event, but their trading volume will be credited towards their parent accounts.
5. Winners must have a verified AscendEX account to be eligible to claim their rewards.
6. 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 AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the event. 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
Telegram Group: https://t.me/AscendEXEnglish
