Dear CoinEx users,
To give back to your support and trust, CoinEx is thrilled to announce that our new promotion “Predict the Price Trend of DOGE and Share 5,000 USDT!” will be live from Nov 1 to Nov 3, 2022. The details are as follows.
Duration
00:00:00 Nov 1 - 23:59:59 Nov 3, 2022 (UTC)
Results Display
Price trend of Nov 2: DOWN
Price trend of Nov 3: DOWN
Price trend of Nov 4: UP
How to Predict
Step 1: Submit your prediction
During the promotion, you can click HERE to submit your prediction of the price trend of DOGE/USDT for the next day from 00:00:00 to 23:59:59 daily.
Step 2: Trade to activate your prediction
On the day you submit your prediction (00:00:00 to 23:59:59, UTC), you can activate your prediction by meeting a Spot trading volume ≥ 100 USDT or a Futures trading volume ≥ 500 USDT in all markets. Please be noted that users who fail to meet the trading requirement will not be rewarded, even if they predicted right.
Example
· At 10:00 on Nov 1 (UTC), Bob made his prediction of Nov 2 and he thinks the price trend of DOGE is “Going down”. His Futures trading volume on Nov 1 is over 500 USDT and his prediction is successfully activated.
· On Nov 3, CoinEx announced that the price trend of Nov 2 is “DOWN”, so Bob can share the 1,500 USDT price pool of Nov 2 with other winners.
Prize Distribution
1. Daily Prediction Reward: During the promotion, users who successfully predicted the price trend of DOGE and meet the trading requirement can equally share a daily prize pool of 1,500 USDT. There will be 3 rounds of predictions in total.
2. Cheer Up Reward: After the promotion is ended, 50 users in those who made the wrong predictions the most will be randomly selected, and each of them will receive a 10 USDT Futures Trial Fund (500 USDT in total).
Promotion Rules
1. Explanation of price trend: The price trend of up and down will be determined on the daily K-line of the DOGE/USDT market. For example, if the opening price > the closing price, the price trend of that day will be Down; and if the opening price < the closing price, the price trend of that day will be Up. In addition, if the opening price = closing price, 150 qualified users (who made predictions and met the trading requirements) will be randomly selected to share the prize pool of that day equally.
Learn more about K-Line>>
2. The reward will be allocated within 14 days after the promotion.
3. Market Making accounts are not included in this promotion.
4. Sub-accounts are not qualified to participate as independent accounts, and the trading volume of sub-accounts will be calculated into main accounts.
5. During the promotion, should any cheating behavior be found, the user will be disqualified.
6. CoinEx reserves the right of final interpretation of this promotion.
Risk Reminder
The information above does not constitute any investment or financial advice. All trading strategies are used at your discretion and your own risk. CoinEx will not be liable to you for any loss that might arise from Futures trading.
CoinEx Team
Nov 1, 2022