Dear HTX Users,

HTX will be launching the HT Team Competition on October 11. Get a 500% cashback on your trading fees from your HT spot and margin trades. Members whose team wins first place in the overall leaderboard stand to win 20,000 USDT per member! Team up to climb to the top of the leaderboard and share our grand prize pool!

Go>>

Event Period:

Team-up period: 12:00 (UTC) on Oct 11, 2022 - 12:00 (UTC) on Oct 13, 2022

Trading period: 12:00 (UTC) on Oct 13, 2022 - 12:00 (UTC) on Oct 20, 2022

 

Requirements:

• The event takes place over two periods: Team-up and trading. During the team-up period, participants may create a team as a team leader or join a team.
• During the trading period, new participants may rise to be team leaders or join a team at any time.
• Participants who have already joined a team may not join another team.
• During the event, only HT trades are eligible for the trading volume ranking. Users who trade tokens other than HT will not have their trading volume calculated and are not eligible to be ranked.
• The HT spot and margin trading volume of each participant is calculated during the event's trading period. The trading volume generated before the trading period will not be calculated. The trading volume generated before joining a team will not be counted towards the team's trading volume.
• A team may consist of a maximum of 15 people and a minimum of 1 person.
• Participants whose HT spot and margin trading volume are >50 USDT during the event (incl. the team-up period and the trading period) are eligible to form a team as team leaders. There are no restrictions on joining a team.
• Once users have successfully joined a team, they may not leave the team.

 

Reward Allocation:

• There are two prize pools in this competition: the Daily Leaderboard prize pool and the Overall Leaderboard prize pool
• Prize pool of the Overall Leaderboard = Spot and margin trading fees generated by all participants in HT trading pairs * 500%
• Members whose team wins first place in the overall leaderboard are eligible for an extra reward of 20,000 USDT each.
• Within the winning team, the team leader will be given a fixed 30% share of the team reward, and all members will share 70% of the team reward in proportion to their trading volumes.
• Allocation of the Daily Leaderboard prize pool:

Ranking	Reward (USDT)
1st place	1,000
2nd place	900
3rd place	800
4th place	700
5th place	600
6th place	500
7th place	400
8th place	300
9th place	200
10th place	100

• Allocation of the Overall Leaderboard prize pool:

Ranking	Reward
1st place	Overall leaderboard prize pool * 50%
2nd place	Overall leaderboard prize pool * 30%
3rd place	Overall leaderboard prize pool * 10%
4th place	Overall leaderboard prize pool * 3%
5th place	Overall leaderboard prize pool * 2%
6th place	Overall leaderboard prize pool * 1.5%
7th place	Overall leaderboard prize pool * 1.2%
8th place	Overall leaderboard prize pool * 1%
9th place	Overall leaderboard prize pool * 0.8%
10th place	Overall leaderboard prize pool * 0.5%

 

Ranking rules:

• Participating teams are ranked based on their total HT spot and margin trading volumes. The higher the volume, the higher the ranking.
• The Top 10 teams in terms of their daily trading volume are eligible to share the daily prize pool of the Daily Leaderboard. The Daily Leaderboard is subject to the information displayed on the event page.
• The Top 10 teams in terms of their overall trading volume are eligible to share the prize pool of the Overall Leaderboard. The Overall Leaderboard is subject to the information displayed on the event page.
• Rewards for the winning teams will be credited to members' Spot account within 10 working days after the end of the event.

 

Terms & Conditions:

• Market makers are not eligible to participate in this event.
• Trading volumes of sub-accounts will be counted towards that of the main account.
• Spot trading volumes whose trading fees have been offset by point cards or cashback vouchers will not be included in the volume calculation for the competition.
• Only trades performed during the event period will qualify for the volume ranking.
• Self-trades will be excluded from the trading volume calculation.
• To comply with local regulatory policies, the trading service is not available in the following countries or regions: Venezuela, Syria, Sudan, North Korea, Iran, Cuba, Japan, Canada, USA, Mainland China, Singapore, Spain, Malaysia, Netherlands, New Zealand, Indonesia, Russia, Crimea, Hong Kong SAR (futures trading), and UK (futures trading by retail traders).
• HTX reserves the right to disqualify any participant who shows any sign of fraudulent behavior.

 

HTX

October 11, 2022

 

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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.