NASSAU, The Bahamas, July 26,
2024 /PRNewswire/ -- OKX, a leading global
crypto exchange and Web3 technology company, today
launched its 'OKX 2024 Summer Games' trading competition featuring
a reward pool worth up to 500,000 USDT.
The 'OKX 2024 Summer Games' trading
competition is specifically for traders of OKX's
USDT-margined perpetual futures contracts and consists of two
phases:
- Heats: The 'Heats' phase starts on August 1 at 12:00
UTC and ends on August 18 at
23:59 UTC. During this period,
eligible* individuals and teams with the highest Profit and Loss
(PnL) percentage will be eligible to claim a share of the reward
pool
- Finals: Only the top 15% of the best-performing teams in
the 'Heats' will qualify for the 'Finals' phase, featuring an
additional 150,000 USDT reward pool. The 'Finals' will take place
from August 23, 2024, 12:00 UTC to September 5,
2024, 23:59 UTC.
The total value of the prize pool increases with the number of
participants. For example, every 1,000 traders unlock an additional
10,000 USDT in the reward pool.
The registration period for this trading competition is open
from today at 12:00 UTC until
August 8 at 23:59 UTC. Participants must click the "Join a
Team" button here and ensure the button changes to "Enrolled"
to be considered a valid participant. Additionally, eligible users
must complete KYC identity verification to participate and claim
rewards, and teams must have a minimum of 10 members by the end of
the registration period.
Crypto Trader and Social Media Sensation Ash Ahn
(aka Maeuknam) said: "I'm delighted to be leading one of the
teams at OKX's inaugural Summer
Games trading competition. As a long-time advocate for OKX,
I've seen its unwavering
commitment to innovation and delivering the best possible
trading experiences and activities for its users."
The launch of this competition highlights OKX's dedication to
offering more interactive and social experiences for the
crypto community. Recently, OKX became the first major
crypto exchange to launch a Telegram mini-app game
called 'OKX Racer' where players guess bitcoin's price
movements every five seconds, earning points for correct guesses
and additional points if they refer friends. The game quickly
gained popularity, surpassing 1.2 million players within its first
24 hours.
*Note: Not all products are available in all regions. OKX
reserves the right to determine and amend the rules of the campaign
at any time without further notice, including but not limited to
canceling, extending, or terminating this campaign, modifying the
eligibility conditions for users participating in the campaign, and
adjusting the campaign and reward rules. For the campaign's full
terms and conditions, click here.
For further information, please contact:
Media@okx.com
About OKX
OKX is a leading global crypto exchange and
innovative Web3 company. Trusted by more than 50 million global
users, OKX offers a secure and trustworthy platform that provides
responsible crypto traders with innovative tools to
access the world of crypto.
As a global brand and top partner of Manchester City FC and
McLaren Racing, OKX uses Web3 technology to redefine how fans
connect with their favorite teams. Recent examples include
its Unseen City Shirts and Race Rewind digital
collectible campaigns, which offer fans real-world benefits like
exclusive match-day and trackside experiences. As the Presenting
Partner of Tribeca Festival, OKX also empowers artists and creators
through Web3.
In line with its "on-chain, any chain" philosophy, OKX
contributes to the growth of the Web3 ecosystem via its secure,
interoperable and self-custody enabled OKX Wallet. OKX Wallet
is a user-friendly gateway to the on-chain world, connecting to
over 100 blockchains, 10,000 dApps, 170+
DeFi protocols, 300,000 tokens and 490+
decentralized exchanges (DEXs).
OKX is committed to transparency and security, and publishes
its Proof of Reserves monthly to build trust. It is also
dedicated to expanding its educational resources through OKX
Learn, making digital assets accessible and understandable for a
broader audience.
To learn more about OKX, download our app or
visit: okx.com
Disclaimer
This announcement is provided for informational purposes
only. It is not intended to provide any investment, tax, or legal
advice, nor should it be considered an offer to purchase, sell,
hold or offer any services relating to digital assets. Digital
assets, including stablecoins, involve a high degree of risk, can
fluctuate greatly, and can even become worthless.
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SOURCE OKX