BitMax.io Listing of DREP – Deposit & Trading Contests

Dear BitMax.io Users,

BitMax.io announces the listing of project DREP（DREP).

Deposit & Withdrawal to start at 10:00 p.m. EDT on May 19th, 2019.

Trading to start at 10:00 a.m. EDT on May 21th, 2019.

To celebrate the listing of DREP, BitMax.io will launch promotional events – Deposit & Trading Contests.

Deposit DREP to Win 1% Rebate

The event runs from 10:00 p.m. EDT, May 19th, 2019 to 10:00 p.m. EDT, May 22th, 2019.

The users with Net deposit of 80,000 DREP will be eligible for 800 DREP.

Terms & Conditions:

During the event, users will be eligible to win 800 DREP as reward for every net deposit of 80,000 DREP. Reward is capped at 8,000 DREP per user account. Top users by the ranking of Net Deposit will share the prize pool of 2,000,000 on the first-come-first serve basis.

* Net Deposit =Deposit Amount - Withdrawal Amount.

Only the deposit from external wallet (i.e. outside of BitMax.io platform) will be eligible for the promotional program. Token transfers between accounts on BitMax.io platform will not be eligible.

Trading Contest

The event runs from 10:00 a.m. EDT, May 21th, 2019 to 10:00 a.m. EDT, May 27th, 2019.

1. During this period, the accumulated Trading Volume (Buys + Sells) ≥ 1,500,000,000 DREP will be considered success in this trading challenge. As a result, users with trading volume ≥ 150,000 DREP will be eligible to share the prize pool of 5,000,000 DREP based on their trading volume. Reward is capped at 50,000 DREP per user account

2. During this period, if the accumulated trading volume < 1,500,000,000 DREP, the rewards will be distributed in proportion to the target trading volume. Other Terms & Conditions remain the same. 

Note:

Reward Distribution = Total Rewards * (Actual Accumulated Trading Volume/Target Trading Volume）

For example: If the actual Accumulated Trading Volume = 1,200,000,000 DREP, then the Target Completion Rate = 80%. As a result, Reward to be Distributed = 5,000,000*80% = 4,000,000 DREP

Rewards will be distributed within 7 business days after the event.

BitMax.io reserves the final right on the interpretation and adjustment of these Terms and Conditions. For any abusing activity, BitMax.io will take appropriate action and disqualify the user from the events.

BitMax.io Team

May 20th, 2019