In celebration of the listing of UFT, AscendEX and the UniLend team will launch several limited-time promotional events, taking place between 10:00 a.m. UTC on Oct. 19 and 12:00 a.m. UTC on Oct. 26, 2021, offering users a chance to share 12,000 USDT worth of UFT pooled rewards!
Event One: Buy UFT to Unlock a Prize Pool Worth 10,000 USDT
Users who trade UFT while maintaining a net buying amount (buys–sells-withdrawals) of 300 UFT or more will be eligible to unlock 10,000 USDT worth of UFT rewards. The more UFT you buy, the more rewards you can unlock.
1. The ratio of net buying amount to unlocked rewards stands at 20:1. For instance, 100 UFT tokens will be unlocked and awarded to users who maintain a net buying amount of 2,000 UFT.
2. Each account is allowed to unlock a maximum of 100 USDT worth of UFT rewards.
3. The prize pool will be capped at 10,000 USDT worth of UFT tokens. The rewards will be unlocked based on the net buying amount from high to low on a first-come-first-served basis.
Event Two: 2,000 USDT Worth of UFT Airdrops
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 UFT airdrop rewards will be distributed based on the time when the users complete the form. The airdropped rewards will be capped at 2,000 USDT. Rewards will be distributed on a first-come-first-served basis.
Terms and Conditions:
1. The airdrop is limited to the users who have received the airdrop email. Please click “Account Security Center” to bind your email address.
2. UFT airdrop rewards will be “locked up” automatically and displayed on the [Wallet] page under UFTLCK.
3. Within three days of receiving the airdrop rewards, users with an accumulated amount of UFT that is at least twice the amount of the airdrop, will have their airdropped tokens released within one hour. Those who fail to buy the required amount of UFT in the given time period will be considered to have voluntarily given up their rewards.
4. Each user’s account is limited to one UFT airdrop.
5. Airdrop Multiple Card holders who complete the Reward Registration Form will have the first chance to receive 30 USDT worth of UFT airdrop rewards. If the user wins the airdrop, they will be considered to have used their Airdrop Multiple Card once.
6. The UFT price is calculated by the market price at the time of the rewards distribution. A total of 1,754 UFT tokens (worth 2,000 USDT) will be distributed on a first-come-first-served basis. Rewards will be distributed to the winners’ accounts within 7 days of the event's conclusion.
1. All participants are required to pass the real-name authentication process before participating in the events.
2. Sub-accounts cannot participate as an independent account, but their trading volume will be credited to their parent accounts.
3. Rewards of Event One will be distributed to the winners’ accounts 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 events. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.
Thank you for your continued support!
The AscendEX Team
Telegram Group: https://t.me/AscendEXEnglish