Dear Huobi Users,
As the Lunar New Year is approaching, Huobi has officially launched MegaTrade to celebrate this special occasion. Join this contest by going to the event page and making spot trades during the event period. You will be ranked according to your actual daily trading volume. As long as you meet the trading requirements, you will stand the chance to share the 50,000 USDT prize pool.
Event Period:
00:00:00 (UTC) on January 22, 2023 - 00:00:00 (UTC) on Jan 29, 2023
Event Rules:
- Users who visit the event page will be automatically enrolled in this event. If you do not visit the event page, you will not get any rewards from the event.
- During MegaTrade, your daily spot trading volume will be ranked to determine whether you make it to the leaderboards. As long as you meet the trading requirements, you will stand the chance to share the 50,000 USDT prize pool.
- If you trade the following coins, your trading volume will be multiplied for your ranking calculation and your chances of hitting the leaderboard will be higher.
| Type |
Coin |
Leverage |
| Spot |
BONK |
3 |
| Spot |
MATCH |
3 |
| Spot |
WALLET |
3 |
| Spot |
PI |
2 |
| Spot |
TON |
2 |
| Spot |
C98 |
2 |
- Based on their Prime levels each day, contestants will be grouped into one of the 3 streams: Beginner Trader, Talented Trader, and Master Trader.
- Your Prime level will be updated at 03:00 (UTC) every day, which will determine your stream in the contest. You will be assigned to your corresponding stream when you enter the event page.
- If your Prime level has changed, you may be regrouped to another stream. In the meantime, your trading data remains unaffected.
| Contest Stream |
Prime Level |
| Beginner Trader |
Prime 0 |
| Talented Trader |
Prime 1 - Prime 2 |
| Master Trader |
Prime 3 - Prime 11 |
Reward Allocation:
| Token |
Amount (in USDT) |
| USDT |
1.0000000000 |
| BONK |
0.0000015992 |
| MATCH |
0.0002045343 |
| WALLET |
0.0062799968 |
- The rewards are issued in the form of tokens. The reward amount is subject to the actual amount credited to the winners' accounts.
- Rewards will be reflected in winners' accounts in My Rewards (formerly My Bag) within 3 business days after the end of the event.
| Daily Prize Pool (Spot Trading Contest) |
|||
| Ranking |
Reward Amount (USDT) |
||
| Beginner Trader |
Talented Trader |
Master Trader |
|
| 1st |
240 |
340 |
460 |
| 2nd |
200 |
300 |
400 |
| 3rd |
160 |
260 |
320 |
| 4th |
140 |
200 |
240 |
| 5th |
120 |
180 |
200 |
| 6th |
100 |
150 |
160 |
| 7th |
80 |
120 |
140 |
| 8th |
60 |
90 |
120 |
| 9th |
40 |
60 |
90 |
| 10th |
30 |
50 |
70 |
| 11th and beyond (In proportion to their trading volumes) |
100 |
200 |
300 |
| Reward Requirement |
Intraday trading volume ≥ 200 USDT |
Intraday trading volume ≥ 10,000 USDT |
Intraday trading volume ≥ 150,000 USDT |
| Overall Prize Pool (Spot Trading Contest) |
|||
| Ranking |
Reward Amount (USDT) |
||
| Beginner Trader |
Talented Trader |
Master Trader |
|
| 1st |
700 |
1,000 |
1,400 |
| 2nd |
400 |
700 |
900 |
| 3rd |
220 |
500 |
600 |
| 4th |
160 |
360 |
400 |
| 5th |
140 |
220 |
300 |
| 6th |
120 |
180 |
240 |
| 7th |
100 |
150 |
220 |
| 8th |
80 |
120 |
180 |
| 9th |
60 |
90 |
140 |
| 10th |
50 |
70 |
100 |
| Reward Requirement |
Cumulative trading volume ≥ 2,000 USDT |
Cumulative trading volume ≥ 100,000 USDT |
Cumulative trading volume ≥ 1,500,000 USDT |
Terms & Conditions:
- Sub-accounts are not eligible to take part in MegaTrade independently. The trading volume in sub-accounts will be counted towards their main account.
- Spot trading volumes whose trading fees have been offset by point cards or cashback vouchers will not be included in the volume calculation for the contest. Futures trading volumes with trading fees deducted will be included in the volume calculation for the purpose of this event. Spot and futures trading volumes with zero trading fees, maker fee rates, or negative fee rates will be excluded from the volume calculation.
- Self-trades will be excluded from the trading volume calculation.
- Huobi reserves the right to disqualify any participant found to be engaging in any fraudulent activities.
Huobi
January 21, 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.