Trading platforms often host events to reward active users. These campaigns can provide opportunities to earn bonuses based on your trading activity. Understanding the structure, rules, and eligibility criteria is key to participating effectively.
This guide breaks down a common type of event where rewards are based on achieving specific trading volume milestones.
How Trading Volume Tier Rewards Work
Many reward systems are structured in tiers. Your potential reward increases as your trading volume grows. A typical structure might look like this:
| Tier | Minimum TV (USDT) | Reward (USDT) |
|---|---|---|
| T1 | 100,000 | 8 |
| T2 | 300,000 | 25 |
| T3 | 500,000 | 40 |
| T4 | 1,000,000 | 60 |
| T5 | 2,000,000 | 120 |
| T6 | 5,000,000 | 300 |
| T7 | 10,000,000 | 600 |
Key Requirements:
- To be eligible, users are generally required to increase their trading volume by a set percentage (e.g., 20%) from a previous benchmark period.
- A minimum trading volume (e.g., 100,000 USDT) is often required to qualify for the first reward tier.
- For existing users, the percentage increase is benchmarked against their trading volume in a defined period before the event.
- New users, or those with no historical volume, typically only need to reach the minimum volume requirement for each tier without the percentage increase.
Understanding Leaderboard and Grand Prizes
Some events feature a leaderboard where the top traders by accumulated volume can win grand prizes. These are often high-value items or their cash equivalents.
Example Prize Table:
| Rank | Reward | Approx. Value (USDT) |
|---|---|---|
| 1 | Premium Smartphone | 2,500 |
| 2 | High-Performance Laptop | 2,120 |
| 3 | Tablet Computer | 765 |
| 4 | Smart Watch | 520 |
Leaderboards usually update on a regular schedule, such as every weekday. It's important to note that such bonus events may only become active once the total trading volume from all participants crosses a certain threshold.
Essential Steps to Participate
Before you start trading, ensure you follow these crucial steps to validate your participation:
- Register for the Event: You must explicitly click a "Join now" button and receive a confirmation message. Without this, your trades may not count.
- Complete Verification: Advanced identity verification (KYC) is almost always mandatory to participate and claim any rewards.
- Use Your Main Account: Participation is typically restricted to a user's main account. Sub-account activity is not counted towards the main account's total.
Always check the specific campaign rules for your region, as eligibility can vary based on local regulations.
Campaign Timing and Rules
Event timelines are strict. Note these key periods:
- Registration Period: The window during which you must opt-in.
- Campaign Period: The dates between which all qualifying trading volume must occur.
Critical Rule Highlights:
- Rewards are calculated and distributed after the campaign ends, often within a specified number of days.
- Only "Non-Zero Fee Trades" are counted. Trades made with fee waivers, rebate cards, or vouchers are usually excluded.
- Trades that have been used to qualify for other platform benefits are not counted.
- The platform closely monitors for abusive practices like wash trading, creating multiple accounts, or other fraudulent behavior. Such actions will lead to disqualification.
👉 Explore more strategies for participating in trading events
Reward Distribution and Important Considerations
- Form of Reward: Rewards may be distributed in USDT, platform vouchers, or physical items. The platform often reserves the right to convert non-cash prizes into USDT at a predetermined value.
- Tax Liability: Winners are solely responsible for any and all applicable taxes or fees associated with accepting and using a reward.
- Market Risk: The value of digital assets is highly volatile. The value of a reward between the time it is earned and distributed can change significantly.
Platforms reserve the right to amend campaign rules, cancel, or terminate events at their discretion. The final interpretation of all campaign terms always rests with the platform.
Frequently Asked Questions
What if I'm a new user with no trading history?
New users, or those with no historical trading volume, are typically exempt from the percentage increase requirement. You simply need to achieve the minimum trading volume for each reward tier during the campaign period.
How is my benchmark trading volume calculated?
For existing users, the benchmark is usually your total trading volume over a specific period before the event (e.g., the previous 30 days). This number is used to calculate the required 20% increase.
Why are my trades not showing on the leaderboard?
Event pages often display data with a delay. If your trades aren't immediately visible, wait and refresh the page later. Also, ensure your trades are not "Zero Fee Trades," as these are commonly excluded from volume calculations.
Can I participate with my sub-account?
No, participation is almost always restricted to your main account only. The trading volume generated by sub-accounts is not combined with or counted towards the main account's total for the event.
What happens if the prize I won is not available in my region?
The platform usually reserves the right to convert physical prizes into their USDT equivalent value or provide platform vouchers of similar value if logistical or regulatory restrictions prevent the delivery of the original prize.
Where can I find the full terms and conditions?
The complete and legally binding terms and conditions are always available on the official event page or the platform's main website. The English version of the terms typically prevails over any translated versions.