Dear Users,  

AscendEX is excited to introduce its newest listing: BTC Proxy (PRXY) under the trading pair PRXY/USDT at 1:00 p.m. UTC on Sept. 24, 2021. PRXY deposit and withdrawal functions are already enabled. In celebration of the PRXY listing, AscendEX and the PRXY team will launch multiple limited-time promotional events, taking place between 1:00 a.m. UTC, on Sept. 24, and 12:00 a.m. UTC, on Oct. 1, 2021, offering users a chance to share the pooled rewards worth up to 60,000 USDT!  


Event One: Complete Tasks to Win a Share of the 20,000 USDT in Rewards
Users who complete the following tasks will be eligible for a share of the rewards in PRXY tokens. Rewards will be capped at 20,000 USDT and distributed on a first-come-first-served basis.

Deposit PRXY5 USDT worth of PRXY tokens per winner
Maintain a daily PRXY trading volume of at least 200 USDT5 USDT worth of PRXY tokens per day and per winner


Event Two: Join PRXY Trade Competition to Win 30,000 USDT in Rewards
AscendEX will rank participants who maintain a PRXY trading volume (buys + sells) of 500 USDT or more. The top 50 participants will be eligible for a share of the 30,000 USDT worth of rewards in PRXY tokens in proportion to their trading volume.


Event Three: 10,000 USDT Worth of Airdrop Rewards
AscendEX will send out airdrop invitations via email to users on a random basis. Users who receive the airdrop email are eligible to claim the rewards after filling out the Reward Registration Form. The 5-30 USDT worth of locked-up airdrop rewards will be distributed based on the time when the users have completed the form. The PRXY pooled rewards will be capped at 10,000 USDT. Rewards will be distributed on a first-come-first-served basis.

Conditions and Terms:
1. Only users who receive an airdrop invitation email are eligible to participate in this event. To increase your chances of receiving an invitation, bind your email at the Account Security Center in your account.
2. PRXY airdrop rewards will be “locked up” automatically and displayed on the [Wallet] page under PRXYLCK.
3. Within three days of receiving the airdrop rewards, users with an accumulated amount of PRXY that is equal to or greater than twice the amount of the airdrop, will have their airdropped tokens released within one hour. Those with less than double the amount of the airdrop rewards will be considered to have voluntarily given up their winnings.
4. Each user’s account is limited to ONE airdrop reward.
5. Airdrop Multiple Card holders who complete the Reward Registration Form will have the first chance to receive 30 USDT worth of PRXY airdrop rewards. If the user wins the airdrop, they will be considered to have used their Airdrop Multiple Card once.

Conditions and Terms: 
1. All participants are required to pass the real-name authentication process before participating in the events.
2. Sub-accounts can’t participate as an independent account. However, the trading volume will be credited to parent accounts.
3. Rewards will be distributed to the winners’ accounts within 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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