OKEx, a leading global cryptocurrency spot and derivatives exchange, has announced a platform-wide rebate and rewards program, the total rewards pool of which could be estimated at millions of dollars over time.
To thank customers for their loyalty, the Malta-based exchange is now launching a number of campaigns, including the new one Happy Friday giveaway with an amazing weekly payout of 20% of its total earnings from futures and perpetual swap transaction fees to all users in BTC as of December 4th, 2020.
One time payment
It is intended for users who made deposits, held tokens or traded between October 16, 2020 and November 26, 2020.
OKEx will invest 20% of its total earnings from futures and perpetual swap transaction fees over the past seven weeks in a specialty fund that will be distributed as a one-time payment to users based on their assets and transaction terms.
For OKB holders, the value of their OKB (in USDT) is doubled when calculating the asset weight.
Happy Friday weekly freebies
From December 4thand then every Friday OKEx will reward its loyal customer base by distributing 20% of its total revenue from futures and perpetual swap transaction fees to all users in BTC.
Both new and existing customers are eligible and can earn rewards in proportion to the ratio of their total effective assets and trading volume. Users who own OKEx’s Exchange Ecosystem Token OKB will receive double the reward. When calculating the total effective assets, the value of OKB is doubled when converted into USDT.
For users whose net worth exceeded USDT 10,000 before 4:00 p.m. UTC on November 23, OKEx will issue a commission discount card with a value between USD 100 and USDT 1,000 or more, depending on the net worth of the user.
Fee discounts do not affect the payment calculation process for future Happy Friday events.
Bonuses and additional support for first-time crypto buyers
New users who purchase their first $ 100 worth of crypto assets can also benefit from additional $ 80 bonuses as well as support from community community groups in Telegram and OKEx Academy.
Further details, terms and conditions can be found here Here.
OKEx is a leading global exchange for cryptocurrencies and derivatives, offering the most diverse market in which global crypto traders, miners and institutional investors can manage crypto assets, improve investment opportunities and hedge risks. We offer spot and derivatives tradingincluding futures, perpetual swaps and options of major cryptocurrencies that offer investors flexibility in formulating their strategies to maximize profits and mitigate risk.