Official Launch of BitMax.io Perpetual Futures Contract - Chance to Share 60,000 USDT-equivalent Tryout Bonus Reward

Dear BitMax.io Users,

BitMax.io Perpetual Futures Contract will officially go live on March 23rd, 9:30 a.m. EDT. To celebrate the official launch, the platform will offer a Futures Tryout Bonus Reward program from March 23rd, 9:30 a.m. EDT to April 2nd, 9:30 p.m. EDT.

During the event, each BitMax.io user who completes KYC 2 verification will have a chance to receive up to 60 USDT-equivalent Futures Tryout Reward (USDTR, see definition as below) per following schedule:

Eligibility	Requirement		Tryout Bonus
Users must complete KYC 2 verification for participation.	Deposit	Cumulative Net Transfer to Futures Wallet ≥ 200 USDT	Initial 5 USDTR
		When Cumulative Net Transfer to Futures Wallet ≥ 1,000 USDT	Additional 10 USDTR
	Trading	Futures Trading Volume ≥ 10,000 USDT	Initial 10 USDTR
		When Futures Trading Volume ≥ 50,000 USDT	Additional 15 USDTR
		When Futures Trading Volume ≥ 100,000 USDT	Additional 15 USDTR
	Poster Sharing	Share Tryout Bonus Poster	5 USDTR

Terms & Conditions:

Tryout Bonus for Deposit

1. Users with cumulative net transfer to futures account  ≥ 200 USDT will be eligible for an initial 5 USDTR as tryout bonus;

2. When the cumulative net transfer to futures account ≥ 1,000 USDT, the user will be eligible for an additional 10 USDTR as tryout bonus.

Notes:

1. Net Transfer = Deposit – Withdrawal

2. User’s net transfer of the day will be calculated daily and distributed if the threshold condition is met.

3. Users can transfer USDT, USDC, PAX, BTC and ETH as margin for futures trading.

4. Calculation of net transfer will be based on the transfer asset price in USDT at 24:00 UTC.

Tryout Bonus for Trading

1. Users with cumulative futures trading volume  ≥ 10,000 USDT during the event will be eligible for an initial 10 USDTR as tryout bonus;

2. When the cumulative futures trading volume  ≥ 50,000 USDT during the event, the user will be eligible for an additional 15 USDTR as tryout bonus;

3. When the cumulative futures trading volume  ≥ 100,000 USDT during the event, the user will be eligible for an additional 15 USDTR as tryout bonus;

Tryout Bonus for Poster Sharing

The first 1,000 users who complete the following two steps will be eligible for 5 USDTR as tryout bonus. Each user account is only allowed to receive the tryout bonus ONCE.

- Share the tryout bonus poster, together with any comments, to 5 digital asset Telegram groups with more than 1,000 members (this does not include BitMax.io official groups) and the message must be kept for at least 3 minutes; or share the poster to any social media platforms ( Facebook, Twitter, etc.) and receive 5 "likes".

- Submit relevant screenshots to the activity form：https://jinshuju.net/f/3WSn3C

 

Notes:

1. Users must complete KYC 2 verification in order to be eligible for participation.

2. The tryout bonus will be valid until April 8th, 9:30 a.m. EDT. Unused USDTR amount will expire and be removed from user’s account.

3. The tryout bonus will be distributed on a first-come-first-serve basis.

4. For users meeting the requirement from 0:00 UTC to 24:00 UTC (8:00 p.m. EDT to 8:00 p.m. EDT the next day), the tryout bonus will be settled at 24:00 UTC (8:00 p.m. EDT the next day). Bonus will be distributed within 4 hours after settlement (8:00 p.m. - 12:00 a.m. EDT the next day).

What is a Tryout Bonus?

BitMax.io’s Futures Tryout Bonus USDTR (equivalent to USDT in value) refers to the virtual assets offered by BitMax.io to users to trade futures contract on the platform, not real digital assets. Please note that Futures Tryout Bonus CANNOT be withdrawn or transferred out.

USDTR tryout bonus can be used as collateral, to pay for trading fees, or for funding payment for futures trading. Profits accrued from the USDTR tryout bonus will be automatically converted to USDT and CAN be withdrawn; losses incurred will be covered with the remaining USDTR tryout bonus until it's depleted. When used as collateral, USDTR tryout bonus is applied the same reference price and discount factor as USDT.

BitMax.io reserves the final right on the interpretation and adjustment of these Terms and Conditions. For any abusive or suspicious activity detected, BitMax.io will take action and disqualify the user from the event.

Thank you for the continued support.

BitMax.io Team

Mar 23rd, 2020

Telegram Group: https://t.me/BitMaxioEnglishOfficial