The cryptocurrency market constantly offers unique opportunities for traders and enthusiasts to engage with new projects and earn rewards. One such event, centered around the $MOVE token, provides a structured way for participants to earn significant rewards by meeting specific trading and deposit criteria. This guide breaks down the event's mechanics, eligibility requirements, and key details you need to know.
Event Overview and Key Dates
The promotional event for $MODE token trading and rewards begins on December 13, 2024, at 10:00 AM UTC and concludes on December 26, 2024, at 11:59 PM UTC. All activities and requirements must be completed within this timeframe to qualify for rewards.
To participate, you must be a fully KYC-verified user on the platform and reside in a non-restricted jurisdiction. It is crucial to check the platform's terms of service for a list of restricted regions to ensure your eligibility.
How to Participate in the Event
Participating in this event is straightforward. Both new and existing users can join by following these steps:
- Click the "Join Now" button on the event's landing page to register.
- Ensure your account has completed the full KYC verification process.
- Fulfill the specific deposit and trading volume requirements within the promotion period.
Your participation is only confirmed once you have clicked "Join Now" and meet all eligibility criteria.
Reward Tiers and Structure
The event features two primary reward structures: a Main Event for all eligible users and a special bonus for new users. The total prize pool is 2,000,000 $MOVE tokens.
Main Event Rewards
All eligible participants who meet the following criteria will share a prize pool of 1,900,000 $MOVE:
- Maintain a net deposit of at least 100 USDT (or equivalent in other cryptocurrencies) in their account for the duration of the promotion.
- Achieve an accumulated trading volume of at least 300 USDT in $MOVE trading pairs.
The net deposit is calculated based on the value of the assets at the time of deposit and must be maintained until the event ends. Eligible deposits include transfers from external wallets, direct purchases through the platform's wallet, and fiat gateway purchases (credit card, P2P). Internal transfers and certain P2P transactions are excluded.
New User Bonus
A separate prize pool of 100,000 $MOVE** is reserved for new users. To qualify for a **10 $MOVE bonus (distributed on a first-come, first-served basis), a user must:
- Have never executed a first-time trade (FTT) on the platform before enrolling in this campaign.
- Meet the same deposit and trading volume requirements as the Main Event (≥100 USDT net deposit and ≥300 USDT in $MOVE trading volume).
Crucially, this new user bonus is stackable, meaning eligible new users can receive both the 10 $MOVE bonus and a share of the main prize pool.
Understanding Eligible Trading Volume
Your trading volume is calculated based on all trades involving $MOVE trading pairs (e.g., MOVE/USDT, MOVE/BTC) during the promotion period. Only volume accumulated between the start and end times of the event will count toward the requirement.
It's important to note that transactions already counted toward other platform benefits or promotions will not be eligible for this event.
Reward Distribution and Timeline
Following the conclusion of the promotion on December 26, rewards will be distributed to qualified users within thirty (30) working days. The tokens will be credited directly to your funding account on the platform.
You can then choose to hold, trade, or withdraw your $MOVE rewards based on your personal strategy. For a seamless experience managing your new assets, you can 👉 explore secure trading strategies here.
Important Terms and Conditions
Before participating, carefully review the event's general terms:
- Only a user's main account is eligible for participation; sub-accounts are excluded.
- The platform actively monitors for fraudulent or abusive behavior, including wash trading, creating multiple accounts, or providing false KYC information. Any detected cheating will result in immediate disqualification.
- The platform reserves the right to disqualify any participant or cancel the promotion without prior notice.
- In certain jurisdictions, rewards may be converted into platform vouchers or USDT of equivalent value at the platform's discretion.
- All participants are solely responsible for any taxes or fees associated with receiving and using their rewards.
Key Considerations and Risk Disclaimer
This event is an opportunity to engage with a digital asset and should not be construed as financial advice. All participants must be aware of the inherent risks involved in cryptocurrency trading:
- Market Volatility: The value of digital assets, including $MOVE and stablecoins, can fluctuate significantly and rapidly. The value of your rewards at the time of distribution may differ from their value at the time of withdrawal.
- High Risk: Digital assets are inherently risky and can become worthless. Using leveraged products can amplify these risks, potentially leading to losses that exceed your initial deposit.
- Personal Responsibility: It is your responsibility to assess your own risk tolerance and financial situation before participating. Past performance is not indicative of future results.
Always ensure you understand these risks and consult with a financial advisor if necessary before engaging in any trading activity.
Frequently Asked Questions
Q1: Who is eligible to participate in this $MOVE event?
A1: The event is open to both new and existing users who are fully KYC-verified and reside in a non-restricted jurisdiction. New users must not have placed a trade on the platform before joining this specific campaign.
Q2: What counts as an eligible deposit?
A2: Eligible deposits include transferring crypto from an external wallet, buying crypto via credit card or P2P (with some exceptions), and direct on-chain deposits. Internal transfers between your own accounts or certain P2P transactions are not counted.
Q3: Can I participate with a sub-account?
A3: No, participation is restricted to main accounts only. Any activity or balances in sub-accounts will not be counted toward the event requirements.
Q4: How is the trading volume calculated?
A4: Volume is calculated from all trades made with $MOVE trading pairs (like MOVE/USDT) during the promotion period. The volume from both the buy and sell sides of a trade is counted.
Q5: When will I receive my rewards?
A5: Rewards will be distributed within 30 working days after the event concludes on December 26, 2024. You will find the $MOVE tokens in your funding account once they are distributed.
Q6: Are the rewards from the different events really stackable?
A6: Yes. Eligible new users who meet the criteria will receive both the fixed 10 $MOVE new user bonus and a proportional share of the 1,900,000 $MOVE main prize pool.