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FTX to award 1,010 prizes for deposits and trading volumes

FTX to award 1,010 prizes for deposits and trading volumes

The cryptocurrency derivatives exchange FTX has launched a campaign offering prizes for deposits and trading volumes. The platform announced this on ForkLog HUB.

The promotion will end on March 31, 2021 at 15:00 (MSK). To participate, fill out the Google form. The first 1,010 participants will receive cash prizes and vouchers to cover trading fees.

Voucher amounts depend on the size of the user’s deposit:

  • from $250 — a $25 voucher;
  • from $500 — a $50 voucher;
  • from $1,000 — a $100 voucher;
  • from $1,500 — a $150 voucher;
  • from $5,000 — a $500 voucher;
  • from $10,000 — a $1,000 voucher;

The prize amounts depend on the user’s trading volume over the last 30 days:

  • from $250,000 — a $50 prize;
  • from $500,000 — a $100 prize;
  • from $1,000,000 — a $250 prize;
  • from $2,500,000 — a $500 prize;
  • from $5,000,000 — a $1,000 prize;
  • from $10,000,000 — a $2,000 prize;
  • from $25,000,000 — a $5,000 prize.

The campaign includes only verified accounts (KYC 2) with a trading-fee level 1–4. Organisers do not count low-volatility pairs such as USD/USDT when calculating users’ trading volumes.

FTX — a cryptocurrency derivatives exchange offering spot, futures and over-the-counter trading. The platform supports trading in BTC options, leveraged tokens, and MOVE contracts.

Earlier, FTX announced an increase in trading volume in 2020 by more than 1000% and a rise in daily users by 786%.

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