New user benefit: Loss coverage voucher. We’ll cover your losses!
During the campaign, users who create their first futures grid bot with eligible pairs and do not adjust the bot’s parameters (including take-profit price or adding positions) will receive compensation if the bot does not yield a profit.
Eligible perpetual futures: SOL/USDT, BTC/USDT, and ETH/USDT.
The campaign is open to users who have never created a futures grid bot. Each user can only create one bot.
The total voucher pool is 50,000 USDT. The first 5,000 users can claim a voucher. Rewards are distributed in the order bots are created, with each user receiving a 10 USDT loss coverage voucher, first come, first served.
You must create the corresponding bot within 2 hours of claiming the loss coverage voucher.
If you do not create a bot within 2 hours, the voucher will expire and return to the pool. You will not be able to claim another voucher in this campaign.
Create your first loss-covered bot now!
Notes
- Campaign duration: From 8:00 am UTC on September 26, 2024, to 8:00 am UTC on October 10, 2024.
- Complete identity verification to participate and claim the rewards in this campaign.
- The following are not eligible for coverage: losses from non-first-time futures grid bots created after claiming the voucher, bots not created via the designated page, and bots where parameters are adjusted after creation (including stop-loss price changes or position increases).
- You must create the corresponding bot within 2 hours of claiming the loss coverage voucher. If you do not create a bot within 2 hours, the voucher will expire and return to the pool. You will not be able to claim another voucher in this campaign.
- The covered bot must be stopped and settled within 7 days of the campaign’s end (snapshot time), i.e., by 8:00 am UTC on October 17, 2024. If not stopped in time, it will be handled based on the bot’s profit or loss at the snapshot time.
- The maximum compensation is capped at 10 USDT, equivalent to the voucher’s face value.
- Rewards will be issued within 30 days of the end of the campaign. The platform has the right to postpone the issuance of rewards for any reason it deems necessary in its discretion, such as large-scale risk control checks and other issues.
- After creating a futures bot, the invested funds will be isolated from the trading account and used exclusively within the bot. Therefore, users need to track the risk to the overall position in their trading account caused by the transfer of funds.
- If, during the runtime of the futures bots, the asset experiences unpredictable anomalies such as suspension or delisting, the bot will automatically stop.
- After creating a futures bot, if the position risk is too high and there is a risk of liquidation, the system will cancel orders to reduce the position risk, which may lead to the bot being stopped by risk control.
- By default, users who enter the campaign page and participate in this campaign have read and understood the Terms and Conditions of this campaign.
- Participation in this campaign is restricted to the main account only. Sub-accounts are not eligible to participate. The earnings of sub-accounts will not be included in the calculation of the earnings of the main account.
- Each user can only participate in one campaign at any one time. If a user participates in multiple campaigns, only the last campaign registered will be rewarded.
- This campaign does not constitute or shall not be considered as a recommendation to deal in any products, or investment advice. Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high-risk tolerance. Investors in digital assets could lose the entire value of their investment.
- Please note that the value of prizes may fluctuate. Due to such price fluctuations, the value of your prize may increase or decrease in value at any given moment. OKX is not responsible for fluctuations in the value of prizes due to market fluctuations. All applicable taxes, costs, and additional expenses associated with the acceptance and use of the prize are the sole responsibility of the campaign prize recipient.
- Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of the reward are the sole responsibility of the individual reward recipient.
- According to local laws and regulations, users from the following countries or regions (subject to verification information) may not be eligible to participate in this campaign: please refer to clause 2.2 of OKX's Terms of Service.
- During the campaign period, OKX will closely track the behaviour of traders to avoid any form of cheating or abnormal behaviour, including but not limited to: registering multiple accounts, using other people's accounts, using other people's information to register accounts, false KYC information, maliciously increasing trading data, engaging in laundering trades or wash trades, violating the terms and conditions of the campaign, violating local regulatory rules for transaction and any other campaigns related to illegal, fraudulent or harmful purposes. If any of the above acts are deemed to be discovered by OKX, OKX reserves the right to disqualify the user from the reward.
- Notwithstanding anything to the contrary herein, OKX reserves the right to exclude any participant from participating in this campaign without notice.
- Risk warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may fluctuate and you may lose the amount invested. You are solely responsible for your investment decisions and OKX is not liable for any losses that may arise. Past performance also does not constitute a reliable predictor of future performance. You should only invest in products that you are familiar with and understand the risks involved. You should consider your own investment experience, financial situation, investment objectives and risk appetite and consult an independent financial adviser before making any investment. This campaign and the terms and conditions should not be regarded as financial advice. Please refer to the OKX Terms of Use and Risk Warning for further details.
- The value of digital assets, including but not limited to stablecoins, can and do fluctuate greatly from time to time. The value of any reward under this campaign at the time a participant qualifies for such reward may not be equal to the value of such reward at the time of distribution to the participant. Due to such fluctuations, users may experience a significant increase or decrease in the value of their assets at any given moment.
- OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to cancelling, extending or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. All participants shall be bound by these revised terms.
- OKX reserves the right of final interpretation of this campaign. Please contact the customer service team if you have any questions.
- OKX has always taken its compliance obligations seriously and has always complied with the requirements of local regulators. We ask that you comply with the relevant laws and regulations of your country or region.
- OKX is not responsible for technical, graphic, typographical or editorial errors or omissions. For more information, please visit www.okx.com © 2024 OKX.
- Where any discrepancy arises between the translated versions and the English version, the English version shall prevail.