HTX's "Earn with Pending Orders" #3: Post BTC Orders and Split $50,000 Worth of $HTX
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Dear HTX Users,
HTX is excited to launch the 3rd phase of the "Earn with Pending Orders" event. Join now to enjoy non-stop rewards 24/7, with minute-by-minute snapshots ensuring continuous earnings. Click "Register Now" below to participate in the event and win your share of $50,000 worth of $HTX.
Click to join after registration >>
Event Period: 12:00 (UTC) on July 25, 2024 - 12:00 (UTC) on August 1, 2024
Place BTC Orders and Split $50,000 in $HTX
- During the event period, the platform will take random snapshots of pending orders for BTC/USDT spot trades every minute. Based on these snapshots, the platform will separately calculate rewards for qualifying buy and sell orders placed within 0.5% of the execution price. These rewards can be accumulated throughout the event. The closer an order price is to the execution price, the higher the reward weight.
- The event boasts a total prize pool of 45,454,545,455 $HTX (equivalent to 50,000 USDT), with a daily prize pool of 6,493,506,494 $HTX and a per-minute prize pool of 4,509,379 $HTX.
Weight Factor for Pending Orders |
|
Range of Order Price |
Reward Weight |
0~0.1% |
10 |
0.1%~0.5% |
1 |
Notes:
- Valid Pending Orders: Buy and sell orders that are placed within 0.5% of the execution price at the time of the snapshot and have a minimum order amount of 1,000 USDT (order price * order quantity ≥ 1,000 USDT).
- Snapshot Rules: The platform will snapshot pending orders randomly once per minute to record their status.
- Here's an example for the range of order price. Let assume that the latest execution price at the time of the snapshot for BTC/USDT is 60,000 USDT.
- The threshold range: ±0.5%
- The upper limit price: the latest execution price at the time of the snapshot for BTC/USDT x (1+0.005) = 60,000 x 1.005 = 60,300 USDT.
- The lower limit price: the latest execution price at the time of the snapshot for BTC/USDT x (1-0.005) = 60,000 x 0.995=59,700 USDT.
- Therefore, valid pending orders must have prices at the time of the snapshot between 59,700 USDT and 60,300 USDT (59,700 USDT < Pending order price < 60,300 USDT).
- Reward Calculation: A user's per-minute reward = Per-minute prize pool * [(The user's pending order amount*Reward Weight) / Total amount of all valid pending orders].
- Example: Let's assume that, in a specific minute, the total amount of all valid pending orders is 100,000 USDT. User A has a pending order of 1,000 USDT, with the order price falling within the 0-0.1% range of the market price. According to the provided reward calculation formula, User A's reward can be calculated as 4,509,379 $HTX *[(1,000*10)/100,000]. Therefore, User A would receive a reward of 450,937.9 $HTX for that minute.
Terms and Conditions:
- Users need to click Register Now to participate in the event.
- Users' rewards can be accumulated and will be settled after the event ends.
- During the event, participants can win up to 1,000 USDT in $HTX. Once they hit their reward cap, they will not receive any additional rewards.
- Rewards will be credited to winners' HTX accounts within 14 working days after the end of the events. If winners have not received their rewards after 14 working days, please contact our 24/7 online Customer Support or email [email protected] for assistance.
- Sub-accounts cannot be used to participate in this event. Data from sub-accounts will be counted towards their main accounts.
- Market makers are not eligible to participate in this event.
- HTX will strictly review and disqualify any participants who show any signs of fraudulent behaviors, such as malicious inflation of trading volume, bulk registration of fake accounts, wash trading, and order matching.
- HTX reserves the right for final interpretation of this event.
Thank you for your support and trust. We eagerly anticipate your participation!
HTX
July 25, 2024
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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.