Dear MEXCers:
In appreciation of your continued support, MEXC will be launching the March Futures Spring Finals with a total prize pool worth 5 million USDT. Both new and existing users are welcome to participate in the daily lucky draw and check in daily to share the grand prize worth up to 5 million USDT.
New Competition Gameplay Introduction:
[Doubled Rewards]
Total prize pool has been increased from 100 BTC to 5,000,000 USDT!
[ New Play Style]
Check-in rewards available daily. Hit trading targets and [check in] to claim rewards
[New Feature]
Launch of [Reward History] for recording your every stroke of luck
Total prize pool has been increased from 100 BTC to 5,000,000 USDT!
[ New Play Style]
Check-in rewards available daily. Hit trading targets and [check in] to claim rewards
[New Feature]
Launch of [Reward History] for recording your every stroke of luck
Let's Go!
Event Period
Registration period: 13:00, March 17 - 14:55, March 28 (UTC)
Competition period: 15:00, March 17 - 14:59, March 28 (UTC)
Participation Criteria
Once registration opens, users with futures account equity ≥ 300 USDT can register to participate in the competition. Before the competition, the platform will review the eligibility of all registered users. Users who do not pass the eligibility review can register again after adjusting their futures account assets.
Participating Futures
All USDT-M perpetual futures available on MEXC
Total Prize Pool:
| No. of Participants |
| Total Prize Pool / USDT |
| ＞0 |
| 1,000,000 |
| ＞30,000 |
| 2,000,000 |
| ＞40,000 |
| 3,000,000 |
| ＞50,000 |
| 4,000,000 |
| ＞60,000 |
| 5,000,000 |
Event 1:
Spin the wheel and grab futures bonus worth 40%
of the
total prize pool
. F
irst come first served!
For every 45,000 USDT accumulated in daily trading volume, participating users will receive 1 chance to spin the wheel (max. 3 chances every day) and win a share of the futures bonus pool. Bonus amount is randomized, while redemption lasts. Number of chances to spin the wheel resets at 14:59 (UTC) every day. Users may continue to trade on the following day to receive more chances.
| Amount / USDT Bonus |
| Reward Type |
| 1,000 |
| Fixed amount |
| 800 |
| Fixed amount |
| 500 |
| Fixed amount |
| 200 |
| Fixed amount |
| 100 |
| Fixed amount |
| 50-100 |
| Randomized within the range |
| 10-50 |
| Randomized within the range |
| 1-10 |
| Randomized within the range |
Event 2: Daily check-ins will allow you to share 20% of the total prize pool as check-in rewards, with a win rate up to 90%!
Once the competition starts, users whose daily trading volume meets the minimum requirement will receive a check-in reward. The reward will be distributed the following day, while redemptions last. Users are welcome to check in every day.
| Day Count |
| Check-in Reward / USDT Bonus |
| Minimum Trading Volume /USDT |
| 1st Day |
| 10 |
| 500,000 |
| 2nd Day |
| 10 |
| 500,000 |
| 3rd Day |
| 10 |
| 500,000 |
| 4th Day |
| 20 |
| 700,000 |
| 5th Day |
| 20 |
| 700,000 |
| 6th Day |
| 20 |
| 700,000 |
| 7th Day |
| 35 |
| 1,000,000 |
| 8th Day |
| 35 |
| 1,000,000 |
| 9th Day |
| 35 |
| 1,000,000 |
| 10th Day |
| 35 |
| 1,000,000 |
| 11th Day |
| 35 |
| 1,000,000 |
Event 3: Top both rankings to share
the
grand prize worth 40% of
the
total prize pool
!
During the event, users who trade USDT-M perpetual futures trading pairs and accumulate a corresponding trading volume ≥ 20,000 USDT will be ranked by their PNL amount and daily trading volume separately. The prize pool allocation is as follows:
(1) PNL Amount Ranking Reward worth 10% of total prize pool:
| Rank |
| Prize Allocation |
| 1st |
| 30% |
| 2nd |
| 15% |
| 3rd |
| 8% |
| 4th |
| 5% |
| 5th |
| 3% |
| 6-15th |
| Share 9.5% from Trading Volume + Share 9.5% from PNL Amount. Maximum individual reward shall not exceed 5% of the PNL Amount Ranking total prize pool |
| 16-30th |
| Share 10% from Trading Volume + Share 10% from PNL Amount. Maximum individual reward shall not exceed 3% of the PNL Amount Ranking total prize pool |
*In the event that two participants produce the same PNL amount, the participant with the higher trading volume will be given priority in the ranking
(2) Daily Trading Volume Ranking Reward worth 30% of total prize pool:
During the event, participants ranked Top 200 in daily trading volume will share the prize pool on a daily basis according to the allocation below:
| Rank |
| Prize Allocation |
| Trading Volume Requirement / USDT |
| 1st |
| 15% (Reward doubles if the trading volume reaches 36 million USDT) |
| 18,000,000 |
| 2nd |
| 10% |
| 15,000,000 |
| 3rd |
| 8% |
| 12,000,000 |
| 4th |
| 5% |
| 7,500,000 |
| 5th |
| 3% |
| 4,500,000 |
| 6-20th |
| 14% (Shared according to the trading volume proportion) |
| 3,000,000 |
| 21-50th |
| 10% (Shared according to the trading volume proportion) |
| 51-100th |
| 10% (Shared according to the trading volume proportion) |
| 1,500,000 |
| 101-200th |
| 10% (Shared according to the trading volume proportion) |
Reward Redemption Criteria
*PNL amount requirement : Participants must attain trading volume above 20,000 USDT with positive PNL amount to be eligible to share the prize pool
*PNL Amount during the event = Realized PNL at the end of the event + Unrealized PNL at the end of the event - Realized PNL at the start of the event - Unrealized PNL at the start of the event
*In the event that two participants are ranked equally in PNL amount ranking, the user with the higher total trading volume will be given priority in the ranking
Reward Distribution Rules
1. Users must fulfill the stated criteria and complete the required steps to redeem their rewards.
2. Only the volume of futures trades with trading fee > 0 are counted (only Taker trading volume is counted for this event due to the ongoing Futures 0 Maker Fee event).
3. MEXC Futures fee rate has been adjusted to 0.02% for Takers. All users are welcome to experience trading with the lowest fee rate in the market.
4. Stay updated with the Daily Trading Volume Ranking: Telegram:
https://t.me/MEXCNA | Twitter:
https://twitter.com/mexc_na
5. Rewards from this event are not to be redeemed in conjunction with other ongoing Futures event rewards of the same type on the MEXC platform. All rewards from this event can be stacked.
6. The daily trading volume ranking refers to the trading volume ranking at 14:59 (UTC) of the day.
7. The rewards for Daily Lucky Draw, Daily Check-in, and Daily Trading Volume Ranking will be issued within 24 hours after winning.
8. The rewards for PNL Amount Ranking will be issued within 10 days after the conclusion of the event.
9. Winners of PNL Amount Ranking must contact
@Effy_MEXC and
@Derrick_MEXC via Telegram to redeem their rewards.
If you have any questions, kindly join the official Telegram group:
https://t.me/MEXCNA
Disclaimer
1. Participants who are found to be involved in fraudulent activities such as wash trading, market manipulation, operation of multiple accounts, and self-dealing will be disqualified.
2. Participants who are found to be involved in identical trading strategies will be disqualified.
3. Participants who are found to have placed and canceled orders at a high frequency per minute will be disqualified.
4. Once multiple accounts are found to be registered under the same IP address, all users using this IP address will be disqualified.
5. Market maker accounts and agency accounts are not allowed to participate in this event.
6. MEXC reserves the right of final interpretation of the event rules including, but not limited to, the above mentioned information regarding trading, funds, and risks of gang behaviors.
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https://otc.mexc.com/
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Enjoy trading on MEXC
March 17, 2023
