CoinEx Perpetual Carnival: Join Perpetual Trade-Driven Mining to Share 50,000 USDT! – CoinEx Announcement

Dear CoinEx users,

To give back to your support and trust, CoinEx is thrilled to announce that our new promotion "CoinEx Perpetual Carnival: Join Perpetual Trade-Driven Mining to Share 50,000 USDT!" will be live from Nov 11 to Nov 21, 2021. The details are as follows.

1. Duration

00:00 Nov 11, 2021 - 0:00 Nov 21, 2021 (UTC)

2. Mining Rules

Market	ALL Perpetual Markets on CoinEx
Total reward during promotion	50,000 USDT
Daily reward	5,000 USDT
The upper limit of per account per day	500 USDT
Requirement	KYC verified accounts (Sub-accounts excluded)
Rules of Participation	1. The Actual Trading volume = The accumulated value of each transaction converted into USD. 2. Market Making accounts are NOT included in this promotion. 3. Sub-accounts are NOT allowed to participate as independent accounts. 4. During the promotion, should any cheating behavior be found, the user will be disqualified.

3. Yield Rules

(1) Yield Calculation
During the mining, the reward is based on the actual executed trading volume of all participants.
For Example: On Day 1 of the promotion, the actual executed trading volume of User A is 5,000 USD, while the total trading volume on CoinEx of the day is 500,000 USD and the daily reward is 100,000 CET. Therefore:
On Day 1, the proportion of User A’s actual executed trading volume = 5,000 / 500,000 = 1%
On this day, the reward for User A = 100,000 * 1% = 1,000 CET
The daily reward will be given away per day and allocated on the next day, calculated as above.

(2) Yield Allocation
Yields of the day will be allocated to your spot account at 0:00 (UTC) on the next day. You can check the yielding amount and your yield history on the promotion page.

4. Mining Instructions

(1) Go to the promotion page and apply for the promotion.
(2) Trade in any one of the perpetual markets on CoinEx (Including Short Sell, Long Buy, Long Sell for liquidation, and Short Buy for liquidation).
(3) Congrats! You've joined the Perpetual Trade-Driven Mining. You can go back to the promotion page to view the details of the current effective executed value on CoinEx, your est. effective executed value and your est. daily yields(your final yield is subject to the actual distribution).

For more instructions, please go to FAQ About Trade-Driven Mining (Perpetual)

Notes:
1. CoinEx kindly reminds you that cryptocurrencies are innovative investment products with high investment risk due to price fluctuations. Please make sure to have a full understanding of digital assets before investing, rationally judge your investment ability, and make prudent decisions.
2. The final participation is subject to successful registration on the promotion page.
3. CoinEx reserves the right of final interpretation of this announcement.

CoinEx Team
Nov 10, 2021

Articles in this section

Related articles