Dear HTX Users,

Greetings! To celebrate Bitcoin Pizza Day, HTX is launching a new phase of the "Trade to Earn" event. It offers a daily prize pool of 200,000 USDT with nonstop rewards distribution in 7*24 hours. The more you trade, the more rewards you can earn. Take swift action and indulge yourself in Bitcoin trading after one-click registration!

After registration, you'll receive a random airdrop reward ranging from 1 to 88 USDT in futures trial bonuses. (Only eligible to claim once for this event.)

The event rewards will be distributed in $HTX. All net fees generated from trading BTC/USDT in spot and BTCUSDT perpetual in futures during the event will be used for $HTX buybacks. This will provide you with an unprecedented opportunity for asset growth while ensuring stable $HTX appreciation.

Event Period:

• Event Period: 12:00:00 (UTC) on May 16, 2024 to 11:59:59 (UTC) on May 23, 2024
• The "Trade to Earn" event is on a daily basis. A day is defined from 12:00 (UTC) on Day T to 11:59 (UTC) on Day T+1.
• The daily prize pool is divided into 24 portions, with a new portion released every hour.
• Event rewards will be calculated and updated starting on Day T+2 at 04:00 (UTC). Please claim your $HTX in time.

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!

Event Rules:

• Applicable trading pair for spot trades: BTC/USDT
• Applicable trading pair for futures trades: BTCUSDT Perpetual
• Hourly reward cap for each participant in spot trading: 100 USDT
• Hourly reward cap for each participant in futures trading: 100 USDT
• A participant will not receive rewards if either the reward limit for the participant or the prize pool limit is reached.

Reward Calculation:

• Rewards in the daily prize pool are distributed each hour on a first-come, first-served basis, with the $HTX reward amount calculated based on the actual fees generated, order types, and reward ratios.
• $HTX reward amount = Actual fee generated in USDT * Reward ratio by the order type / $HTX price at 12:00 (UTC) on Day T

For example, assume the $HTX price is 0.000002 USDT at the start of the "Trade to Earn" event at 12:00 (UTC) on Day T, and a participant generates 100 USDT in fees from BTCUSDT trading pair between 12:00 (UTC) on Day T and 11:59 (UTC) on Day T+1, all as Maker orders. 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.

Rewards will be updated and made available for claim at 04:00 (UTC) on Day T+2.

Order Reward Ratio and Prize Pool:

Trading Pair	Reward Ratio for Maker Order	Reward Ratio for Taker Order	Daily Prize Pool (USDT)	Daily Rewards of $HTX
Spot: BTC/USDT	105%	102%	100,000	Calculated based on the $HTX price at 12:00 (UTC) on Day T
Futures: BTCUSDT Perpetual	105%	102%	100,000	Calculated based on the $HTX price at 12:00 (UTC) on Day T

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 instance, if the $HTX price is 0.000002 USDT at 12:00 (UTC) 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.

About $HTX Buybacks:

• 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 May 17, 2024, following the start of the event on May 16, at 20:00:00 (UTC+8). To facilitate buyback calculations, the first buyback based on trading fees generated on May 17 will be completed on May 18. Meanwhile, the last trading fee statistics period will occur from 00:00 (UTC+8) to 23:59 (UTC+8) on May 23, 2024, as the event ends on the same day, at 19:59:59 (UTC+8). Therefore, the last buyback based on trading fees generated on May 23 will be completed on May 24.
• 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.
• Orders for grid trading, copy trading, and regular investment are all accepted, provided they utilize the designated trading pair specified for this event.
• Airdrop rewards in the form of futures trial bonuses will be distributed within 48 hours after registration.
• A participant stands a chance to earn up to 100 USDT worth of $HTX per hour during the event. They will not be able to receive additional rewards if either the participant's reward limit or the prize pool limit is reached.
• Trading fees corresponding to a participant's rewards for the "Trade to Earn" event will no longer be applicable for commissions to their inviter. Other fees generated by the participant's trades will remain unaffected.
• 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 of final interpretation for this event.

 

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

 

HTX

May 16, 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.