Dear Huobi Users,
Huobi will be launching the REEF Spot & Margin Trading Contest. Simply trade on Huobi, and you can share a 5,000 USDT prize pool.
REEF Trading Contest: Trade REEF to share 5,000 USDT
Event period: 02:00:00 (UTC) on February 17, 2023 - 02:00:00 (UTC) on February 24, 2023
Event rules:
- 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.
- During the event period, users who make spot and margin trades of REEF on Huobi get to share 1,484,573 REEF (worth 5,000 USDT) in proportion to their trading volume.
- Magnify the volume for REEF margin trades: Users' REEF/USDT margin trading volume made during the event period will be multiplied by 5 times for this event.
- Margin interest voucher bonus: The top 50 users in the trading volume leaderboard will each get a 10% margin interest voucher.
| Ranking |
Reward |
| 1st place |
300,000 REEF |
| 2nd place |
200,000 REEF |
| 3rd place |
100,000 REEF |
| 4th to 10th |
50,000 REEF |
| Beyond 10th place |
Participants whose trading volumes are ≥ 100 USD will share 534,573 REEF in proportion to their trading volumes. |
Terms & Conditions:
- Sub-accounts cannot be used to participate in this event. Trading volume from sub-accounts will be counted towards their main account.
- Market makers are not eligible to participate in this event.
- All rewards will be credited to your Huobi 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 disqualify participants if any fraudulent behavior, such as inflation of trading volume, bulk registration of fake accounts, self-trading, order matching, etc, is detected.
Risk Reminder:
- Trading virtual assets and virtual asset derivatives come with high risk due to high price volatility. Please fully understand all the risks and make prudent decisions before trading. For more details, please read the Risk Reminder.
Huobi
February 17, 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.