The OKX Prize Pool Sharing Event offers users a fantastic opportunity to earn rewards by engaging with the platform and inviting friends. This guide provides a clear breakdown of how the event works, its core mechanics, and how you can participate effectively.
Understanding the Prize Pool Structure
The event is primarily centered around accumulating points, known as '积分' or activity credits. These credits determine your share of a collective prize pool. The more credits you earn, the larger your portion of the total rewards will be when the pool is distributed.
Rewards from the prize pool are typically distributed within three to seven days after the conclusion of each activity cycle. It's important to stay updated through official app notifications to know when rewards are being released.
How to Earn Activity Credits
You earn credits by completing specific tasks, many of which involve helping new users get started on the platform. The primary ways to gather credits are:
- New User Identity Verification: When a new user completes their first level of identity认证 (KYC1) along with facial verification, you earn 2 credits.
- New User Initial Deposit: If a new user makes an initial deposit valued at more than 350元, you receive 30 credits.
- New User Trading Volume: Once a new user's cumulative trading volume exceeds 1500元, you are awarded an additional 10 credits.
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Inviting Friends for Direct Rewards
Beyond the prize pool, inviting friends comes with its own set of direct rewards. For every successful referral, both you and your friend can receive a welcome package valued at approximately 500元.
The breakdown of these direct rewards is as follows:
- Identity Verification Reward: After the new user completes KYC1 and facial verification, you both receive rewards worth roughly 100元.
- Initial Deposit Reward: Once the new user deposits over 350元, you both get rewards valued at about 200元.
- Trading Volume Reward: After the new user's trading volume surpasses 1500元, you both qualify for further rewards worth around 200元.
These direct rewards are typically distributed in a combination of digital assets and fee rebate cards.
Key Points and Important Considerations
Before you dive in, please keep these crucial details in mind to manage your expectations and ensure a smooth experience.
- Credit Expiry: Credits earned for the prize pool are only valid for the specific activity cycle in which they were earned. They expire at the end of that cycle and do not carry over.
- Task Validity: Tasks for your referred friends are also tied to the activity cycle. They must complete their tasks within the same cycle to count.
- Rebate Card Duration: Any fee rebate cards received as part of the rewards have a strict validity period of 15 days from the date of issuance.
- Reward Caps: The total pool of rewards for referrals is limited. They are distributed on a first-come, first-served basis and will conclude once the allocated pool is exhausted.
- Data Display Delays: Leaderboards and cumulative reward/credit statistics are not updated in real-time. There may be a slight delay in the system, so the numbers shown might not always reflect the most current activity.
- Prize Pool Exclusion: The cumulative rewards displayed on the main activity page usually do not include the prize pool rewards. Prize pool distributions are calculated and notified separately after the cycle ends.
- Market Volatility: The value of rewards distributed in digital assets is subject to market fluctuations. The final value you receive may differ from the advertised value at the time of distribution due to price changes in the market.
- Fraud Prevention: The platform actively monitors for malicious activities, such as bulk account registrations. Any account found engaging in such behavior will be disqualified from the event.
- Reward Consistency: The specific type of reward a new user receives might vary based on their status and region. However, the total equivalent value of the rewards will remain consistent with what was advertised.
- Terms of Service: As with any promotional event, the platform retains the right to interpret the final rules and make necessary adjustments.
Frequently Asked Questions
How often does the prize pool reset?
The event operates in cycles. You need to earn your activity credits within a single cycle to qualify for that period's prize pool distribution. The start and end dates for each cycle are announced on the event page.
Why can't I see my prize pool rewards in my account balance?
Prize pool rewards are distributed separately after each cycle concludes, typically within 3-7 days. They are not displayed in the running total on the main event page. You will receive an app notification once they are distributed.
What is the difference between credits and direct rewards?
Credits determine your share of the collective prize pool at the end of a cycle. Direct rewards are instant bonuses given for completing specific tasks, like when a friend verifies their identity or makes a deposit.
What happens if my friend doesn't complete all the tasks?
You will only receive credits and direct rewards for the specific tasks your friend completes. For example, if they only verify their identity, you get the rewards for that task but not for depositing or trading.
Are these events available to users in all regions?
Availability can vary by jurisdiction due to local regulations. It's always best to check the official event terms and conditions within your OKX app to confirm your eligibility.
Where can I get a clear overview of all my progress?
For a comprehensive look at your earned credits, invite status, and reward history, your best resource is the official event section within the OKX app or website. 👉 View real-time tracking tools