In celebration of the upcoming EQO-D airdrop, we are organizing an EQO-D Perpetuals Trading Competition ("Campaign") subject to General Terms and Conditions of the Campaign:
The Campaign will start on Tuesday, September 21, 2021, at 00:00 UTC and end on Friday, October 29, 2021, at 00:00 UTC ("Campaign Period").
The Campaign is open to all EQONEX customers who have reached KYC level 2 and have EQO-D in their Sub Accounts including social influencers.
The top 10 most profitable Perpetual traders during the Campaign Period will share a prize pool of $50,000 in BTC, which will be distributed proportional to your profit gains.
For the purpose of this Campaign, your Profit will be calculated as:
USDC balance in your EQO Dollars Sub Account on Friday, October 29, 2021, at 00:00 UTC, minus
USDC balance in your EQO Dollars Sub Account when you receive it, minus
USDC from spot asset sales in your EQO Dollars Sub Account between the above dates, minus
Any USDC deposited to your EQO Dollars Sub Account between the above dates.
The total reward pool under this Campaign is capped at $50,000 to be paid in BTC. Winners of this Campaign must have an EQONEX account and complete KYC Level 3 within the Campaign Period to qualify for any rewards under this Campaign (“Qualified Winners”).
Qualified Winner will receive an email in the first week of November (“Winning Announcement Email”). The payout process will start within one week of the delivery of the Winning Announcement Email. Our Customer Support team will reach out to collect your BTC wallet address. Failure to provide your wallet address to Customer Support within 5 days of being contacted will result in the loss of your BTC rewards.
BTC rewards will be paid in the same number of decimal places that the cryptocurrency is traded on the EQONEX platform and calculated based on the BTC/USDC rate on the last day of the Campaign Period. The final amount of BTC rewards to each Qualified Winner will be solely determined by EQONEX.
The Campaign General Terms and Conditions shall apply to this Campaign. Please carefully read the Campaign General Terms and Conditions available through this link.