Dear Valued Users,
Multiple promotions for ALGO will kick off today, where you can win a share of the huge rewards in ALGO tokens and enjoy up to 88% APY with Huobi Earn!
I. Deposit to Win Your Share of 66,000 ALGO Tokens
Period: 10:00 (UTC) on Nov 3 - 10:00 (UTC) on Nov 10
Rules:
Users who deposit ALGO tokens to the Huobi platform are eligible for sharing the 66,000 ALGO prize pool according to their net deposit volumes.
- Net deposit volumes = Deposit volumes - Withdrawal volumes
- Users with negative net deposits are ineligible to receive rewards.
Reward Calculation:
- Individual net deposit percentage = Individual net deposit volumes/ Total net deposit volumes from all eligible users*100%
- Individual Rewards = Individual Net Deposit Percentage * 66,000
- The individual reward is limited to a maximum of 500 ALGO. Due to the dimension of the tick display, the rewards of less than 0.00000001 ALGO will not be distributed.
Please Note:
- The deposit & withdrawal volume of sub-accounts will all be credited to that of parent accounts.
- Users are required to complete the ID verification process before this campaign ends. Otherwise, they will be disqualified for any rewards.
- Rewards will be sent to users’ Exchange accounts within 10 working days after the event ends.
- In accordance with the local compliance, Mainland China users are not allowed to participate.
II. ALGO Trading Campaign: 16,000 ALGO up for Grabs!
Period: 10:00 (UTC) on Nov 3 - 10:00 (UTC) on Nov 10
Rules：
- Users trading a minimum of 300 ALGO (buys and sells, excluding wash trades) in spot trading during the campaign are qualified to get a share of 16,000 ALGO tokens.
- The individual reward is limited to a maximum of 500 ALGO. Due to the dimension of the tick display, the rewards of less than 0.00000001 ALGO will not be distributed.
- The trading volumes of the sub-account will all be credited to that of the parent account.
- Rewards will be sent to the user's exchange account within 10 working days after the campaign ends.
- Market makers are not allowed to participate in this campaign.
- Users are required to complete the ID verification process before this campaign ends. Otherwise, they will be disqualified for any rewards.
- In accordance with the local compliance, Mainland China users are not allowed to participate.
III. Deposit ALGO with Huobi Earn to Enjoy 88% APY
Launch Time: 12:00 (UTC) on Nov 3
End Time: 12:00 (UTC) on Nov 10
Click to earn: https://www.huobi.com/en-us/financial/earn/
| Token |
Deposit Period |
Est. APY |
Min. Individual Deposit Requirement | Max. Individual Deposit Limit | Max Deposit Limit in Total |
| ALGO |
7 days (early termination is not allowed) |
88% |
1 ALGO | 500 ALGO | 420,000 ALGO |
Tokens earned in the event will be distributed in ALGO.
Rewards and the deposited tokens will be unlocked and sent to participants’ Exchange accounts one day after the deposit period ends.
Huobi Global has enabled the ALGO chain-based deposits & withdrawals for USDC. Deposit now to win a share of 30,000 ALGO, and enjoy ZERO withdrawal fees>>>
Terms & Conditions
- For the deposit and trading promotions, Mainland China users are not allowed to participate in accordance with local compliance.
- Huobi reserves the right of final interpretation for all aspects of the above events and the right to disqualify any participants showing signs of fraudulent behavior.
Huobi Global
November 3, 2021
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Huobi Global 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 Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.