Deposit & Trade AVAX to share a total of $800,000 in AVAX!

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To celebrate FTX integrating AVAX C-Chain, FTX has teamed up with the Avalanche team to give away up to
$800,000 in AVAX tokens!

 

Promotion Period: Dec 10, 2021 00:00 AM - Dec 24, 2021 00:00 AM (UTC)

Reward Calculation Period: Dec 24, 2021 00:00 AM - Dec 31, 2021 00:00 AM (UTC)

 

*Users can participate in both Promotion A and Promotion B.

 

Promotion A: Deposit AVAX to share $640,000 in AVAX!

The promotion features a prize pool of $640,000 in AVAX tokens for new FTX users. To be eligible for the prize pool, users only need to complete three simple tasks.

 

Task 1: Sign up on FTX.com and submit level 2 identity verification during the “Promotion Period”.

Task 2: Net deposit at least 1 AVAX to FTX during “Promotion Period”. 

Task 3: Users must have level 2 identity verification approved on FTX.com by the end of the “Reward Calculation Period”.

 

Prize:

  • News users who complete all three tasks above will be awarded $25 worth of AVAX token.
  • Winners are determined based on users’ AVAX token deposit time, on a first come first serve basis until the prize pool runs out.

Note: 

  • Net deposit of AVAX = total AVAX deposit during “Promotion Period” - total AVAX withdrawal during  “Promotion Period”.
  • FTX will use the price of the AVAX/USD trading pair as the exchange rate used for distribution, at the time of distribution.
  • The event only counts the net deposits to the FTX Wallet. If you deposit to your OTC Wallet, please make sure you transfer to your FTX Wallet.
  • This campaign is only open to FTX.COM and FTX Pro users, and not FTX App users.
  • This promotion is not open to existing users who already have accounts on ftx.com

 

Promotion B: Trade to win AVAX token ($160,000 in AVAX rewards)

All level 2 identity verified users who trade eligible AVAX trading pairs on FTX will share a pool of $160,000 AVAX tokens! The more you trade, the more you earn!

 

Note:

  • Eligible trading pairs are AVAX/USD, AVAX/USDT, and AVAX/BTC on FTX.com.
  • AVAX spot trading volume is the sum of trading volume on AVAX/USD, AVAX/USDT, and AVAX/BTC markets during the “Promotion Period”.
  • Each user’s prize is calculated based on their AVAX spot trading volume during the “Promotion Period”. Each user’s prize = (User’s AVAX spot trading volume during the “Promotion Period”/ AVAX total spot trading volume during the “Promotion Period” ) x $160,000. 
  • Prize for each user is capped at $10,000 in AVAX token.
  • This campaign is only open to FTX.COM and FTX Pro users, and not FTX App users.
  • Reward calculation example: 
    • Total AVAX spot volume during the “Promotion Period” is 2,000 AVAX.
    • User A traded 1,000 AVAX and the remaining 1,000 users traded 1 AVAX each. 
    • User A’s reward = min ($10,000, (1000/ (1000 + 1 x 1000)) x $160,000 ) = $10,000
    • Each of the rest of the users’ reward = min ($10,000, (1/(1 x 1000)) x ($160,000 - $10,000)) = $150

 

About Avalanche

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. It is blazingly fast, low cost, and eco-friendly. It is compatible with Ethereum smart contracts and tooling, enabling Ethereum users and developers to quickly access high-performance decentralized apps.

 

Terms & Conditions:

  • All rewards will be distributed to FTX accounts within 7 days after “Reward Calculation Period”.
  • Only FTX users with fee tier 1-6 are allowed to participate. 
  • FTX reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • FTX reserves the right in its sole discretion to amend or change or cancel this competition at any time and for any reasons without prior notice.
  • For complete terms of service please see below.
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