In celebration of our users’ support, AscendEX is excited to launch a series of specially designed promotional events for margin trading, taking place between 12:00 a.m. on Oct. 25 and 12:00 a.m. UTC on Nov. 8, 2021, offering users a chance to share in a 15,000 USDT prize pool.
Event One: Complete Margin Trade Tasks to Share in a 10,000 USDT Prize Pool
Users who maintain a daily margin trading volume of 200 USDT or more will be eligible to win a share of the 10,000 USDT prize pool based on their number of active trading days.
No. of Trading Days
A proportional share of 5,000 USDT worth of rewards
A proportional share of 3,000 USDT worth of rewards
A proportional share of 2,000 USDT worth of rewards
Event Two: Trade Daily to Share 3,500 USDT in Rewards
The top 50 users who trade on margin on a daily basis while maintaining a daily trading volume of at least 200 USDT will be eligible to share in a 3,500 USDT prize pool based on the volume of the first margin trade they perform each day.
Event Three: Make Referrals to Share 1,500 USDT worth of Rewards
Users who satisfy the above eligibility requirements for margin trading and complete the referral tasks as shown in the below chart will receive extra rewards. As required, the referee needs to perform margin trades with a trading volume of 200 USDT. The more referrals a user makes, the more rewards the user can earn. The rewards will be capped at 1,500 USDT.
Task for new users
Perform a first-time margin trade
21 referrals and above
Terms and Conditions:
1. For the events, one day is defined as 12 a.m. UTC to 12 a.m. UTC the next day.
2. Participants can only receive this event’s rewards when they have won both the event rewards and the Wednesday Lucky Draw rewards.
3. Participants must have a verified AscendEX account to be eligible to receive rewards.
4. The rewards of the Event Three will be distributed based on the number of referrals from high to low. New users will enjoy a priority for reward distribution, with the rewards for the new user task distributed based on the time they completed their first-time trades. The rewards for referral tasks will be distributed based on the number of referrals and if there are users making the same number of referrals, the rewards will go to the referrer whose referees recorded a higher trading volume.
5. Sub-accounts cannot participate as an independent account, but their trading volume will be credited towards their parent accounts.
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