Dear HTX Users,

 

Join and Enjoy Trading with Negative Fee Rates

After registration, you'll receive a random airdrop reward ranging from 1 to 88 USDT in futures bonuses.

 

HTX is thrilled to announce the upcoming launch of the brand-new Futures "Trade to Earn" event.

The event's public testing is available to all platform users, including market makers and API order users. Join the event, and you'll have the chance to explore new trading experiences on our updated interface before the fourth BTC halving in 2024. Enjoy a reward ratio of 110% for Maker orders and 105% for Taker orders, as well as the excitement of trading with negative fee rates.

The event boasts a daily prize pool of 100,000 USDT. The more trades you make, the greater the rewards you'll win, with a maximum of 5,000 USDT per person.

 

Event Schedule:

• Open Beta Test Period: 12:00:00 (UTC) on April 11, 2024 to 11:59:59 (UTC) on April 14, 2024.
• This event is divided into 3 rounds, each lasting from 12:00 (UTC) on Day T to 11:59 (UTC) on Day T+1.
• Event rewards will be calculated and updated starting on Day T+2 at 04:00 (UTC). Please claim your $HTX in time.

The event rewards will be distributed in $HTX, providing you with an unprecedented opportunity for asset growth while ensuring stable $HTX appreciation.

 

Eligibility:

Users must have a Rocket count of ≥ 300 and successfully register on the event page.

Check your Rockets now and participate in the event!

 

Participate in the event in just 3 simple steps:

1. Receive a random airdrop reward upon registration on the event page.

2. Trade BTCUSDT Perpetual (include copy trading).

3. Claim rewards in $HTX.

*Rewards in the daily prize pool are distributed on a first-come, first-served basis, with the $HTX reward amount calculated based on the actual fees generated, order types, and reward ratios.

 

Order Reward Ratio and Prize Pool:

The daily prize pool is a fixed value in USDT, and the event will calculate the $HTX amount in each pool based on the $HTX price at the start of the day.

For example, if the $HTX price is 0.000002 USDT at 00:00:00 (UTC+8) on Day T when the event starts, and the prize pool of the day is 100,000 USDT, then the total $HTX amount for the day would be 50,000,000,000.

 

Reward Calculation:

1. Rewards in the daily prize pool are given on a first-come, first-served basis, determined by the actual fee generation time of participants' trades.

2. $HTX reward amount = Actual net fees generated in USDT * Reward ratio by the order type / $HTX price at 00:00:00 (UTC+8) on Day T

3. A participant stands a chance to earn up to 5,000 USDT worth of $HTX every day during the event. They will not be able to receive additional rewards if either the participant's daily reward limit or the daily prize pool limit is reached.

For example, let's say the $HTX price is 0.000002 USDT when the Futures "Trade to Earn" event kicks off at 00:00:00 (UTC+8) on Day T. A participant incurs 100 USDT in fees from trading BTCUSDT Perpetual solely through Taker orders during the period from 00:00:00 (UTC+8) to 23:59:59 (UTC+8) on Day T. Meanwhile, the fees are generated before the depletion of the prize pool on Day T, and the participant's reward limit is not reached.

Then the participant's daily reward of $HTX would be: 100 * 105% / 0.000002 = 52,500,000.

 

About $HTX Buyback and Burn

• The platform's all fee income generated from the BTC/USDT trading pair during the event will be fully used for $HTX buybacks to support the stable $HTX appreciation. The repurchased $HTX will be entirely burnt, with the schedule coinciding with the quarterly burn. Specific timing will be announced separately.
• As the daily trading fee statistics period is from 00:00 to 23:59 (UTC+8) per day, the first trading fee calculation period will span from 00:00 (UTC+8) to 23:59 (UTC+8) on April 12, 2024, following the start of the event on April 11, at 20:00 (UTC+8). To facilitate buyback calculations, the first buyback based on trading fees generated on April 12 will be completed on April 13. Meanwhile, the last trading fee statistics period will occur from 00:00 (UTC+8) to 23:59 (UTC+8) on April 14, 2024, as the event ends on the same day, at 20:00 (UTC+8). Therefore, the last buyback based on trading fees generated on April 14 will be completed on April 15. 
• For the details of daily buyback after the event starts, please refer to further announcements.

$HTX Buyback Details for "Trade to Earn" Event>>>

 

Notes:

• Sub-accounts cannot be used to participate in this event. Data from sub-accounts will be counted towards their main accounts.
• Market maker users and API orders are included in the reward calculation for 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.
• Starting from 12:00:00 (UTC) on April 11, 2024, trading fees corresponding to participants' rewards in the "Trade to Earn" event will no longer be eligible for commissions or rebates. Other fees generated by their trades will remain unaffected.
• HTX reserves the right of final interpretation for this event.

 

Thank you for your support and trust. We eagerly anticipate your participation!

 

HTX

April 11, 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.