Futures DCA Trading Bot Challenge

1. Promotion Eligibility

The promotion is open to eligible OKX users, defined as follows:

a) "Get Your Losses Covered! New Users Only"

• Eligibility: Users who have completed full KYC verification.
• Rewards:
• • New users who create their first futures DCA bot with designated pairs (BTC/USDT, ETH/USDT, SOL/USDT) without adjusting parameters will have their losses covered if the bot doesn’t profit.
  • Only users who have never created a futures DCA bot can participate, limited to one bot per user.
  • The total loss coverage voucher pool is 50,000 USDT, available to the first 5,000 users on a first-come, first-served basis. Each user can receive a 10 USDT loss coverage voucher.

Additional Terms:

• The loss coverage voucher is valid for 7 days after it’s claimed.
• The main/sub-accounts of the same user can claim the voucher separately, but reimbursement will only be provided for one account.
• Eligible perpetual futures pairs: BTC/USDT, ETH/USDT, SOL/USDT.
• Coverage Scope: Reimbursement covers losses from the first futures DCA bot created and closed during the voucher’s validity, provided the bot had no parameter adjustments and resulted in a loss at stop. Non-first-time creations or those not created through the campaign page are not covered.
• The actual reimbursement limit equals the face value of the claimed voucher.
• The bot eligible for reimbursement must be stopped within 14 days of creation. If it is not stopped within 14 days, no reimbursement will be provided.
• After review, reimbursement will be credited to your trading account within 14 working days after the campaign ends.

b) "Futures DCA Trading Bot Challenge"

• Eligibility: Users who have completed full KYC verification.
• Challenges and Rewards:
• • Overall PnL% Ranking Challenge: After the event, users will be ranked by the PnL% of their single bot. The top 10 will receive rewards up to 500 USDT.
  • Daily PnL% Challenge: Users will be ranked daily by the PnL% of their single bot. The top user each day will earn a 50 USDT reward.
  • Daily "Underdog" Challenge: Users will be ranked daily by the profit amount of their single bot. The lowest-ranked user each day will receive a 50 USDT "Generous Contributor" fund.
  • Bounceback Fund: During the event, the lowest-ranked user based on PnL% each day will receive a 50 USDT "Bounceback" fund.

c) Geographic Exclusions

This promotion excludes residents from the following jurisdictions: Hong Kong, Cuba, Iran, North Korea, Crimea, Malaysia, Singapore, Syria, United States of America (including all U.S.A. territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands), the Bahamas, Canada, the United Kingdom (regarding our derivatives-related services for retail users), Bangladesh, Bolivia, Donetsk, Luhansk, Japan, Uzbekistan, China, the United Arab Emirates, India, Nigeria, the Netherlands, and Malta. For the most updated list, please refer to OKX Terms of Service.

2. The "Futures DCA Trading Bot Challenge" activity registration starts on 12 August 2024 16:00 UTC+8 and ends on 26 August 2024 16:00 UTC+8 (the "Activity Registration Period"). Actual trading activity starts on 12 August 2024 16:00 UTC+8 and ends on 26 August 2024 16:00 UTC+8 (the "Activity Trading Period").

3. Reward Distribution for "Overall PnL% Ranking Challenge"

• 1st place: 500 USDT
• 2nd place: 300 USDT
• 3rd place: 150 USDT
• 4th to 10th place: 50 USDT each

4. Participation Requirements

• You must click the "Join now" button and ensure it changes to "Enrolled" to be considered a valid participant. Otherwise, your participation will be void.

5. KYC Verification

• Complete full KYC identity verification to participate and claim rewards in this campaign.

6. Data and Timing

• All displayed data on the page is not real-time and may have a delay. If the page is not updated, please wait and refresh the page later to view the data.

7. Reward Issuance

• Rewards will be issued within 30 days of the campaign's end. The platform reserves the right to delay reward issuance for reasons such as large-scale risk control checks.

8. Valid Trade Conditions

• Trades that generate no fees will not be counted as valid trades for this campaign. There are no restrictions on the amount of valid trades regarding currency pairs and transaction types.

9. Futures Bot Funds Management

• After creating a futures bot, the invested funds will be isolated from the trading account and used exclusively within the bot. Users should monitor the risk to their overall position caused by the transfer of funds.

10. Bot Operation and Anomalies

• If, during the bot's operation, the asset experiences anomalies such as suspension or delisting, the bot will automatically stop.

11. Margin and Risk Management

• If the free margin is too low to cover the funding fee, additional orders will be canceled, and no new orders will be generated for that period. If the position risk is too high, leading to a risk of liquidation, the system will cancel orders to reduce the risk, potentially stopping the bot.

1. By default, users who enter the campaign page and participate in this campaign have read and understood the Terms and Conditions of this campaign.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. Notwithstanding anything to the contrary herein, OKX reserves the right to exclude any participant from participating in this campaign without notice.
10. 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.
11. 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.
12. 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.
13. OKX reserves the right of final interpretation of this campaign. Please contact the customer service team if you have any questions.
14. 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.
15. OKX is not responsible for technical, graphic, typographical or editorial errors or omissions. For more information, please visit www.okx.com © 2024 OKX.
16. Where any discrepancy arises between the translated versions and the English version, the English version shall prevail.