Huobi to Launch GRV(GroveCoin) Deposit Contest with a Prize Pool of 5,000 USDT

 Latest News    |      2023-02-08

Dear Huobi Users,

Huobi will be launching the GRV Deposit Contest.Join now to win awesome rewards!

Deposit GRV to Share 5,000 USDT

Event period: 12:00:00 (UTC) on February 8, 2023 - 12:00:00 (UTC) on February 15, 2023

 

Event Rules:

  1. Users who visit the event page will be automatically enrolled in this event. If you did not visit the event page, you will not get any rewards from the event.
  2. During the event period, users who deposit GRV to their Huobi accounts from other platforms stand to share 6,400 GRV prize pool (worth 5,000 USDT) based on their net deposit (= deposits - withdrawals) volumes. Users with negative net deposits are ineligible for rewards.
  3. Reward calculation:
  • Share of individual's net deposit = Individual's net deposit amount / Total net deposit amount from all eligible users * 100%
  • Individual's reward = Share of individual's net deposit * 6,400 GRV 
  1. The reward for an individual winner is capped at 400 GRV. Any reward of less than 0.00000001 GRV will not be distributed due to decimal rounding.
  2. The deposit arrival time shown in the system will be considered as the deposit time.

 

Terms & Conditions:

  • Sub-accounts are not eligible to participate independently. Trading volume and net deposits from sub-accounts will be counted towards the main account.
  • Market makers are not eligible to participate in this event.
  • All rewards will be credited to your spot account within 14 working days after the end of the event. If you haven’t received the rewards after 14 working days, please contact our 24/7 online Customer Support or email support@huobigroup.com for assistance.
  • Huobi will strictly review and disqualify any participants by state of affairs, who show any sign of fraudulent behaviors, such as malicious inflation of trading volume, bulk registration of fake accounts, wash trading, and order matching.
  • Trading virtual assets and their derivatives come with high risk due to high price volatility. Please evaluate the risks involved and make trading decisions prudently. For more details, please read the Risk Reminder.

Huobi

February 8, 2023

 

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Huobi 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 Huobi makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.