Crypto Everest: $100,000 in USDT, ETH, SOL, XRP

Campaign Calendar

• Registration: January 7, 2025, 12:00 (UTC) - January 22, 2025 at 12:00 (UTC)
• Competition: January 9, 2025, 12:00 (UTC) - February 7, 2025 at 12:00 (UTC)

Campaign participant eligibility

1. This promotion is applied to new or existing eligible OKX users from Russia, Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Ukraine.
2. Participants must complete KYC identity verification to participate and claim the rewards in this campaign. Check your status <here>.
3. Users must register by clicking the "Join" button on the landing page. Once a user successfully enrolls in the activity, the button will change to "Enrolled". Otherwise, users will not be considered to have signed up for the event. Otherwise, your participation will be void.
4. By clicking "Join now", you consent to have your Profit and Loss Percentage (P&L%) publicly displayed on our leaderboard in perpetuity. This display may include your OKX UID, P&L%, email address, and rank compared to other users. Your P&L% will be displayed in a manner that does not disclose any other personal or sensitive information. If you wish to withdraw your consent at any time, please contact our support team.
5. Participation in this activity is restricted to the main account only. Sub-accounts are not eligible to participate and the earnings of sub-accounts are not included in the calculation of the earnings of the main account.

Campaign description

1. Complete KYC identity verification to participate and claim the rewards in this campaign.
2. All displayed data on the page is not real-time data and will have a certain delay. If the page is not updated, please wait for a period of time and return to refresh the page to view the data.
3. Competition should have at least 500 qualified participants join or it will be forfeited.
4. Asset qualification and trading volume criteria
5. 1. Asset qualification criteria: At the start of the competition, if the user's trading account USDT equity is greater than or equal to 100 USDT, the asset requirement condition is met.
   2. Trading volume criteria: The user's USDT Perpetual contract trading volume must be greater than or equal to 10,000 USDT during the competition period, and will be used to calculate individual P&L and trading volume. If the trading volume does not meet the criteria, the score will be invalid and will be excluded from the leaderboard.

• Participating contracts
• • All USDT Perpetual Contracts
  • Only USDT contract trading pairs are eligible to participate in this trading competition. The trading volume of qualified contracts is calculated based on the trading volume strictly generated from qualified users’ own funds, excluding the use of platform rewards, such as rebate cards, contract experience coupons, etc.
• P&L calculation formula
• • Individual P&L = profit / (Initial equity + total deposit amount) * 100%
  • Profit = [unrealised P&L + realised P&L - initial unrealised P&L]
  • Total deposit amount = The amount of USDT transferred from other accounts to the trading account during the competition + the amount of USDT obtained from spot trading selling
  • Initial equity = The USDT equity in the trading account at the start of the competition, and if the funds are subsequently transferred to other accounts later the profits may be lower.
  • Initial unrealised P&L = if user holds USDT position at the beginning of competition, we will record the unrealised P&L as initial unrealised P&L
  • Spot sell and transfer may affect your PnL%:
  • • Example, spot sell:
    • • User A sells 1000 XRP in spot trading and gains 500 USDT, we count as 500 USDT deposit.
      • User B buys 1 ETH in spot trading and then sells 1 ETH at the price of 2000 USDT, we count as 2000 USDT deposit.
    • Transfer:
    • • User C transfers 1000 USDT from funding account to trading account, we count as 1000 USDT deposit.
      • User D transfers 1000 USDT from trading account to funding account, then transfers 1000 USDT back to trading account, we count as 1000 USDT deposit.
• Valid deposit definition
• • Eligible deposits include the following: Crypto Deposit via external wallet transfer and Buy Crypto via Fiat gateway, P2P transactions with merchants or credit card.
  • Deposits by internal transfers and transactions with individual P2P sellers will be excluded.
  • Eligible deposits aren't limited to cryptocurrency types and will be converted to USDT prices based on the closing price on the deposit date.
• Valid trade definition
• • Only USDT perpetual swap trading pairs are eligible for this Trading Competition ("Eligible Contracts"). Trading volume from Eligible Contracts is calculated based on trading volume generated strictly from eligible user’s own funds, excluding the use of platform rewards such as rebate card, contract voucher etc.
  • Trades made with other USDC perpetual swap, OKX rewards or perks won't be counted as valid trades for this campaign, including but not limited to trades using rebate cards, contract vouchers, transaction fee waivers, etc.

1. The calculation of the prize amount will be based on the participant's final rank at the end of the campaign.
2. The maximum prize pool for the trading competition is 50,000 USDT, 2 ETH, 12 SOL and 3,000 XRP to be distributed according to the final leaderboard ranking.
3. The maximum prize pool for the trading tasks (first deposit, first trade, accumulated trading volume) is 45,500 USDT in trading bonuses and will be distributed instantly upon successful task completion.
4. The prize pool will be divided among the top 20 individual P&L participants and top 20 individual trading volume participants as follows:
5. 1. PnL%: 40% of the prize pool, 20 users (20,000 USDT, 0.8 ETH, 4.8 SOL, 1,200 XRP Max)
   2. 1. 1st rank - 1 reward - 13% share of the unlocked USDT prize pool + 20% of the unlocked altcoin prize pool
      2. 2nd rank - 1 reward - 10% share of the unlocked USDT prize pool + 17% of the unlocked altcoin prize pool
      3. 3rd rank - 1 reward - 8% share of the unlocked USDT prize pool + 14% of the unlocked altcoin prize pool
      4. 4-10th ranks - 7 rewards - 5% share of the unlocked USDT prize pool + 7% of the unlocked altcoin prize pool each
      5. 11-20th ranks - 10 rewards - 3.4% share of the unlocked prize USDT pool each
   3. Trading Volume: 60% of the prize pool 20 users (30,000 USDT, 1.2 ETH, 7.2 SOL, 1,800 XRP Max)
   4. 1. 1st rank - 1 reward - 13% share of the unlocked USDT prize pool + 20% of the unlocked altcoin prize pool
      2. 2nd rank - 1 reward - 10% share of the unlocked USDT prize pool + 17% of the unlocked altcoin prize pool
      3. 3rd rank - 1 reward - 8% share of the unlocked USDT prize pool + 14% of the unlocked altcoin prize pool
      4. 4-10th ranks - 7 rewards - 5% share of the unlocked USDT prize pool + 7% of the unlocked altcoin prize pool each
      5. 11-20th ranks - 10 rewards - 3.4% share of the unlocked prize USDT pool each
   5. How to calculate individual user's reward:
   6. 1. Example: Prize Pool of 50,000 USDT, 2 ETH, 12 SOL and 3,000 XRP is unlocked, and user got the 1st Rank in Trading volume Leaderboard.
      2. The maximum prize pool for trading volume leaderboard is 30,000 USDT, 1.2 ETH, 7.2 SOL and 1,800 XRP.
      3. This user will receive 15% of the unlocked trading volume leaderboard USDT prize pool and 20% of the unlocked trading volume altcoin prize pool, i.e. 3,900 USDT, 0.24 ETH, 1.44 SOL, 360 XRP.
6. One user who fulfills the requirements of both types of competition can qualify for rewards from both Prize Pools, based on Trading Volume and P&L.
7. Rewards will be issued within 21 days of the end of the activity. The platform has the right to postpone the issuance of rewards in the event of delays caused by large-scale risk control checks and other issues.
8. Only the top ten (10) qualified users on each leaderboard (total 20) are eligible to receive a share of altcoin prize pool.
9. Only the first 1,000 qualified users who are yet to make their first deposit are eligible for the 5 USDT trading bonus reward for first deposit task. Users need to complete their first deposit and accumulate a net deposit of 50 USDT or more.
10. Only the first 1,000 users who are yet to make their first trade are eligible for the 10 USDT trading bonus reward for first trade task. Users need to complete their first trade and accumulate a trading volume of 100 USDT or more.
11. Only the first 1,000 qualified users are eligible for the 50,000 trading volume task reward.
12. Only the first 700 qualified users are eligible for the 100,000 trading volume task reward.
13. Only the first 500 qualified users are eligible for the 150,000 trading volume task reward.
14. OKX team will contact TradingView subscriptions winners via email and/or Customer Service representitives during seven (7) working days after the campaign ends. Winners will have 72 hours to reply in order to claim their rewards mentioned under points (a), (b), and (c). If winners don't fill in the address information before the deadline or fill in an incorrect address, the OKX partners rewards and merchandise reward will be forfeited.
15. Trading bonuses can be used as margin and can offset costs including realized losses, fees, funding fees, and other transaction costs. When offsetting costs, trading bonuses will be consumed before user-owned funds. More information about usage of Trading Bonuses can be found here.
16. OKX has the discretion to convert any rewards into platform vouchers or USDT of equivalent value or less value in any case that OKX deems in its full discretion that it is necessary for the rewards to be converted.

1. Users who enter the campaign page and participate in this campaign are deemed to have agreed to Terms and Conditions of this campaign.
2. 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.
3. 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.
4. 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.
5. OKX reserves the right to disqualify users from obtaining prizes if OKX suspects or learns of the user's cheating or unlawful behavior, in OKX's sole discretion
6. Notwithstanding anything to the contrary herein, OKX reserves the right to exclude any participant from participating in this campaign without notice.
7. 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 document should not be regarded as financial advice. Please refer to the OKX Terms of Use and Risk Warning for further details.
8. This activity does not constitute and shall not be considered to be:
9. 1. investment advice or an investment recommendation;
   2. an offer or solicitation, buy or sell digital assets; or
   3. financial, accounting, legal or tax advice.
10. Digital financial assets, including stablecoins and NFTs, involve a high degree of risk, can lose value, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Not all products are offered in all regions. Any information coming from OKX does not contain any financial recommendation regarding the client’s execution or non-execution of transactions for the acquisition, alienation, redemption of certain digital assets and/or conclusion of certain agreements.
11. 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.
12. OKX reserves the right of final interpretation of this promotion. Please contact the customer service team if you have any questions.
13. 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.
14. OKX is not responsible for technical, graphic, typographical or editorial errors or omissions. For more information, please visit www.okx.com © OKX
15. Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.