Hong Kong Web3 Carnival: Join MegaTrade to Share 100,000 USDT!

 Latest News    |      2023-04-03

Dear Huobi Users,

Huobi is excited to launch MegaTrade! 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. Simply meet the trading requirements to stand the chance to share the 100,000 USDT prize pool!

Go>>

Event Period:

00:00 (UTC) on Apr 3, 2023 - 00:00 (UTC) on Apr 10, 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 100,000 USDT prize pool.
  • If you trade designated 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 trading

TRX, HT, FIS, FLZ, RAIN, KT, FIL, and RSS3

3x

Spot trading

LRC, MASK, SAND, VET, NEO, QTUM, ACH, and COREDAO, IOST

2x

  • 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

Price (in USDT)

FIS

0.5561

FLZ

3.5300

USDT

1.0000

  • 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)

Rank

Reward Amount (USDT)

Beginner Trader

Talented Trader

Master Trader

1st

480

680

920

2nd

400

600

800

3rd

320

520

640

4th

280

400

480

5th

240

360

400

6th

200

300

320

7th

160

240

280

8th

120

180

240

9th

80

120

180

10th

60

100

140

11th and beyond

(In proportion of their trading volumes)

200

400

600

Eligibility

Intraday trading volume ≥ 200 USDT

Intraday trading volume ≥ 10,000 USDT

Intraday trading volume ≥ 150,000 USDT

Overall Prize Pool (Spot Trading Contest)

Rank

Reward Amount (USDT)

Beginner Trader

Talented Trader

Master Trader

1st

1,400

2,000

2,800

2nd

800

1,400

1,800

3rd

440

1,000

1,200

4th

320

720

800

5th

280

440

600

6th

240

360

480

7th

210

310

440

8th

170

250

370

9th

130

190

290

10th

110

150

220

Eligibility

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. Spot 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

April 3, 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.