In celebration of the launch of leveraged tokens, AscendEX is excited to kick off a specially designed promotional event, providing users a chance to win a share of 120,000 USDT worth of rewards. By completing the quiz on leveraged tokens during the warm-up session, users will be able to share a 10,000 USDT prize pool. During the event period, 110,000 USDT worth of rewards are also available for users who trade leveraged tokens and refer their friends to trade. Please see below for details:
Warm-Up Session: May 17, 12 AM – May 19, 12 AM UTC
Event Session: May 19, 12 AM – May 26, 12 AM UTC
>> Click HERE to Sign up
Warming Up: Complete the Quiz on Leveraged Tokens to Share 10,000 USDT in Rewards
During the warm-up session, the top 300 users who join AscendEX's Telegram channel for leveraged tokens and completed the quiz will earn 20 USDT worth of rewards. Users who are ranked from 301st to 500th will receive 10 USDT in rewards. Users ranked beyond the top 500 will have an equal share of a 2,000 USDT prize pool.
>> Complete the Quiz Now!
Click HERE to learn the know-how about leveraged tokens
*Conditions: Users who get a 100% score in the quiz and maintain a spot account balance of at least 10 USDT by May 19, 12 AM UTC will be eligible to receive their rewards.
Event One: Execute a First-Time Leveraged Token Trade to Share 10,000 USDT of Welcome Bonuses
Users who execute a first-time leveraged token trade of any amount will be eligible to unlock 5 USDT worth of rewards. Rewards will be capped at 5,000 USDT and will be distributed on a first-come-first-served basis.
Users who trade leveraged tokens for at least 3 days while maintaining a daily trading volume of at least 100 USDT will receive an extra 10 USDT of rewards. Rewards will be capped at 5,000 USDT, first-come-first-served.
Event Two: Join Leveraged Token Trading Master Challenge to Share 80,000 USDT of Rewards
Users who maintain a total trading volume of at least 1,000 USDT during the event will be eligible to win a share of 80,000 USDT worth of rewards, based on their trading volume rankings. The more participants, the bigger the prize pool will be!
|Rank/No. of Users||1st||2nd||3rd||4th -20th||Others||Prize Pool (USDT)|
|≥300||600||300||150||50/user||An equal share of 1,100||3,000|
|≥500||1,000||500||250||150/user||An equal share of 1,700||6,000|
|≥1,000||2,000||1,000||500||250/user||An equal share of 2,250||10,000|
|≥3,000||5,000||3,000||1,500||350/user||An equal share of 4,550||20,000|
|≥5,000||10,000||5,000||2,500||500/user||An equal share of 4,000||30,000|
|≥10,000||15,000||7,000||3,500||1,000/user||An equal share of 7,500||50,000|
|≥20,000||20,000||10,000||5,000||2,000/user||An equal share of 11,000||80,000|
Event Three: Join the Referral Competition to Share in a 20,000 Prize Pool
Users who refer their friends to trade leveraged tokens will be eligible to share 20,000 USDT of referral rewards. Each user can receive rewards up to 600 USDT.
|Refer a friend who executes leveraged token trades of any amount||1 USDT|
|Refer a friend who trades leveraged tokens for at least one day with a daily trading volume of at least 200 USDT||2 USDT per trading day|
1. The trades of any leveraged tokens are counted towards users’ cumulative leveraged token trading volume (sells + buys) during the event.
2. Users should make sure that they maintain a leveraged token trading volume of at least 1,000 USDT so that the Event Two’s prize pool will be increased. If participants fail to meet the requirement, their rewards will be subject to the prize pool of the lower level. For example, the final prize pool for the event of 1,500 participants will be 10,000 USDT.
3. One day is defined from 12 AM UTC to 12 AM UTC the next day. The rankings will be updated by 1 PM UTC on each working day. The final rankings will be updated in the announcement within 3 days after the event’s conclusion.
4. Rewards distribution rules:
- Rewards for the warm-up session will be distributed based on the time users take to complete the quiz.
- Rewards for Event One will be distributed based on the time users take to complete their tasks.
- If the total winnings of the Event Three exceeds 20,000 USDT, referrers whose referees completed more tasks of any kind will receive their rewards first.
5. Warm-up rewards will be distributed in the form of “bonus packages”, including Point Cards (Pts.) worth 5,000 USDT and Futures bonus credits (USDTR) worth 5,000, with the total value equivalent to users’ rewards value and distributed at random. The event rewards are settled in USDT.
- Point Cards (1 point is equivalent to 1 USDT worth of margin interest) can be used to pay for margin interest while margin trading, with a 50% discount. Please read HERE to learn more about AscendEX Point Card Rules.
- AscendEX Futures Bonus credits are denominated in USDTR (equivalent to USDT in value) and can be used to pay for futures trading/funding fees. Please read HERE for details on the Futures Bonus Credit Terms and Conditions to learn more."
6. A sub-account cannot participate as independent account, but their trading volume will be credited towards their parent accounts.
7. Warm-up rewards will be distributed by May 20 and the event rewards will be distributed within 15 days of 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 event. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.
Thank you for your continued support!
The AscendEX Team