Phemex, one of the leading crypto trading platforms out there, is offering a huge giveaway to thousands of users. The app is holding a giveaway with STEPN, a walk-to-earn app that’s been gaining quite the traction lately. With that, the partnership is going to allow not only the two companies to grow but also for users to earn from a $40,000 prize pool. So how will this giveaway work?
Well, primarily, there will be two main pools of the total $40,000 giveaway. Both pools will receive $20,000 each and will have their own rules for the giveaway.
Pool 1: 20,000 USD
In this pool, only new users will be able to participate. The users will have to follow a few steps that can be found here. The first 1000 users to complete these steps will go into a pool and share the 20,000 USD prize with each other. So, they will be receiving 20 USD each.
Pool 2: 20,000 USD
Here, new and existing users can both take part. To win the $20 individual reward, users just have to read the Phemex Academy article, answer a question about STEPN correctly, and then share the Phemex Academy article. After these steps, they will be put in a random list of users, amongst which, 1000 users will share the 20,000 USD prize pool.
There are some important terms to remember about the giveaway from Phemex. We’ve listed them down:
Terms and Conditions
- To qualify for this event, you must complete the required actions from the announcement page.
- To be eligible to participate, users must only use a single account. All offending accounts will be disqualified if we detect multiple accounts with the same IP addresses or UIDs.
- This promotion is available for only new users that registered via the “Register now on Phemex” action.
- To receive rewards, users must ensure they have provided an accurate Phemex UID identical to their email. Moreover, users must respond to the winner’s announcement email within 14 days to claim their reward.
- Furthermore, the following actions will immediately disqualify: batch account registration, profits from market manipulation, self-dealing or wash trades.
- Additionally, only main accounts are allowed in this competition; sub-accounts will not be counted.
- By June 10 2022, winners will be contacted via email from [email protected] The prizes will be distributed from 27 June 2022 onwards.
- Users in the following countries, India, Venezuela, Indonesia, Bangladesh, Pakistan, Philippines and Vietnam, are eligible to participate or receive bonuses from the event only if they make $100 USD worth of trade on Phemex during the campaign period.
- Overall, Phemex reserves the right to make any final and binding changes to these rules.