Trade ZK/USDT and ATH/USDT to earn BGB!
June 19, 2024 ・0 comments ・Topic: #AIRDROP #crypto news Crypto exchange
Bitget is launching an ZK/USDT and ATH/USDT trade to earn promotion!
The net income generated from daily spot trading transaction fees of ZK/USDT and ATH/USDT (excluding fees from API trading, sub-accounts, verified (KYB) institutional users, and market maker accounts, with rebates deducted) will be distributed in BGB to registered users.
Use the Trade to Earn button to join the promotion and start your trading journey!
Promotion period: June 18, 00:00 AM – June 24, 11:59 PM (UTC+8)
>>Trade to earn<<
How to participate:
1. Use the Register Now button on the promotion page.
2.Complete identity verification.
3.Make ZK/USDT and ATH/USDT spot trades on the spot trading page.
How to claim rewards:
Use the Harvest button on the promotion page.
Rules:
1.Bitget will distribute BGB rewards based on the previous day's trading volume of ZK/USDT and ATH/USDT, with different rewards for different volume tiers. Spot maker and taker orders, spot trading, spot trading bots, and spot copy trading of ZK/USDT and ATH/USDT will count toward the individual trading volume. API trading, sub-accounts, verified (KYB) institutional users, and market maker accounts are not eligible.
2.Total prize pool = total spot transaction fees for ZK/USDT and ATH/USDT (excluding fees generated by API trading, sub-accounts, verified (KYB) institutional users, and market maker accounts, with rebates deducted).
3.Prize pool eligibility:
- Lite pool: Users with a trading volume of less than 500 USDT on the previous day.
- Super pool: Users with a trading volume between 500 USDT and 10,000 USDT on the previous day.
- Diamond pool: Users with a trading volume of more than 10,000 USDT on the previous day.
For example, if a user reached a trading volume of 88,888 USDT yesterday, they will be eligible for the diamond prize pool.
4.Weight rules: Each prize pool has its own weight; the higher the weight, the higher the rewards.
- Lite pool: 1X
- Super pool: 2X
- Diamond pool: 5X
For example, if user A reached a trading volume of 88,000 USDT yesterday, their weight would be 5X. If user B reached a trading volume of 5000 USDT yesterday, their weight would be 2X.
5.Each prize pool = total trading volume of all users in that prize pool × prize pool weight ÷ (total trading volume of all users in the lite prize pool × lite prize pool weight + total trading volume of all users in the super prize pool × super prize pool weight + total trading volume of all users in the diamond prize pool × diamond prize pool weight ) × total prize pool.
Taking the super prize pool as an example: if the trading volumes of all users in the three prize pools are 1,000,000 USDT, 5,000,000 USDT, and 10,000,000 USDT respectively, and the total prize pool is 100,000 BGB, then the super prize pool = 5,000,000 × 2 ÷ (1,000,000 × 1 + 5,000,000 × 2 + 10,000,000 × 5) × 100,000 = 16,393 BGB.
6.User reward = individual trading volume ÷ total trading volume of all users in the prize pool × the prize pool.
For example, if user A has a trading volume of 8000 USDT, the total trading volume of all users in the super prize pool is 5,000,000 USDT, and the prize pool is 16,393 BGB, then the reward for user A = 8000 ÷ 5,000,000 × 16,393 = 26.23 BGB.
7.Reward distribution: Rewards will be distributed based on the data from the previous day (T-1). The data will be updated on the page at 4:30 AM (UTC+8) every day. After the update, users can head to the page and use the Harvest button to claim their rewards. Each user can get up to 200 BGB per day. The first round of rewards will be updated on the page on June 18, 4:30 AM (UTC+8).
8.Rewards not claimed by the user will be automatically distributed to the user's spot account within three days after the promotion ends.
9.BGB and transaction fees will be converted based on the average of the opening and closing prices of the candlestick chart from the previous day.
Terms and conditions
1.Participants must use the Register Now button on the promotion page and complete identity verification to participate.
2.Sub-accounts, KYB institutional users, and market maker accounts are not eligible to participate.
3.All participants must strictly comply with Bitget's terms and conditions.
4.Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.
5.Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.
6.Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.
Disclaimer
Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to conduct their own research and invest at their own discretion.
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