Fomo LTC Campaign

Huobi GlobalIssued on 2019/06/14 11:17    Content based on the original text . Link

Dear Users,

Huobi Global will launch the “FOMO LTC” campaign at 00:00 June 19, 2019 (GMT+8). User who trade or maintain LTC deposits on Huobi Global during the promotion campaign period shall stand to share 50% of trading fees across all LTC trading pairs.

Promotion Scope:
Huobi Global spot trading pairs, including LTC/USDT、LTC/BTC、LTC/HT trading users, as well as users with LTC asset balances on Huobi Global.

Promotion Rules:
Promotion 1:Top 5 Trader Wins All
1. Prize Pool: During the event period, Huobi Global will set aside 20% of all LTC spot trading fees for incorporation to the Prize Pool.
2. Promotion Mechanism (How it works):Each round will last for 4hours. Traders will be ranked based on their cumulative trading volume across all LTC trading pairs (buy+sell) on Huobi Global per round. The Top 5 trader (Top1-5) ranking is measured based on the highest cumulative trading volume across all rounds during the promotion period.
3. Promotion Termination Criteria:This promotion will end (i.e. terminate) upon the fulfilment of either of these two (2) criteria: ① Top 1-5 trader ranking does not change after 24hrs;② Cumulative trading volume across all LTC pairs falls below 4,000,000LTC after 10 days from the start of the promotion. Upon closure of the trading competition, the ‘Deposit LTC Jackpot’ promotion will end.
4. Reward Allocation: Upon completion of the campaign, the Top trader (by trading volume) will receive 50% of the Prize Pool, the Top 2-5 users will share the remaining 50% Prize Pool equally.

Event 2:Deposit LTC Jackpot
1. Users that maintain an LTC asset balance greater than30 LTC during promotion period on Huobi Global are eligible to participate in a daily jackpot prize with a 20% probability win rate. During the promotion period, jackpot winners stand to win equal share of 30% of the previous day’s trading fee. This event will run concurrently with the ’Top 5 Trader Wins All’ promotion. This promotion will end simultaneously when the ‘Top 5 Trader Wins All’ promotion ends.

Terms and Conditions:
1. All rewards will be distributed 7 business days after the end of the campaign.
2. With the exception of using POINT cards to pay for transaction fees or VIP users who enjoy discounted service fee, Institutional users and users who enjoy other special rate discounts (including market-makers)are not eligible for the award. Additional Super Rebate standard cash rebates can apply.
3. The rules and regulations of the promotion shall be subject to Huobi’s final interpretative decision and we reserve the rights to disqualify any person who is known or suspected to be cheating or violating any rules and regulations set by Huobi.
4. Risk Reminder: Trading in digital assets comes with high risks due to huge price fluctuations. Before trading, please have a full understanding of all the risks of trading in digital assets and be prudent of your own transaction decisions.

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Enjoy your trading on Huobi Global!

Huobi Global
June 14, 2019