Join the Open Loot (OL) rewards event and stand a chance to earn a share of the generous 7 million OL prize pool! This campaign is designed for both new and existing users who are eager to engage with the platform and earn valuable rewards.
Event Overview
The Open Loot Rewards Event offers participants an opportunity to earn up to 700 OL by completing specific trading tasks. The event is structured to be straightforward, rewarding active and eligible users efficiently.
Key Dates to Remember
- The event begins on November 19, 2024, at 13:00 UTC.
- The event concludes on December 10, 2024, at 23:59 UTC.
All tasks must be completed within this period to qualify for rewards.
Eligibility and Participation Steps
To be eligible for the Open Loot rewards, users must meet the following criteria:
- You must be a new or existing user who completes the required tasks during the event period.
- You must have successfully completed the identity verification (KYC) process for your account.
- You must trade a minimum of 100 USDT worth of Open Loot (OL) tokens.
- Rewards will be distributed to the first 10,000 users who complete all the necessary steps.
Qualifying Trading Volume
The trading volume that counts towards completing the task includes:
- Spot trading volume.
- Contract trading volume.
Only the trading activity that occurs during the official event dates will be accumulated and considered valid.
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Important Terms and Conditions
Before participating, please review these general terms carefully.
Account and Participation Rules
- This event is only available to main accounts. Sub-accounts are not eligible to participate.
- Trades that are already part of other platform promotions or fee structures (e.g., USDC fee-free trades) will not count toward the completion of this event's tasks.
Reward Distribution
- All rewards from the "Open Loot Rewards Event" will be distributed within 30 working days after the event concludes on December 10, 2024, at 23:59 UTC.
- OKX reserves the right to convert any reward into a platform voucher or USDT of equivalent or lower value. This may occur due to platform restrictions in certain jurisdictions or if OKX is unable to procure the original reward.
Fair Use and Compliance
- OKX actively monitors trader behavior for any signs of cheating or abuse. This includes, but is not limited to, registering multiple accounts, using another person's account or information, providing false KYC details, wash trading, market manipulation, or any activity that violates the event's terms or local regulations.
- Users found engaging in such activities will be disqualified from receiving prizes.
- Participants from certain countries or regions may be ineligible to join this event based on local laws and regulations. Please refer to Section 2.2 of the OKX Terms of Service for details.
General Disclaimers
- The value of digital assets, including rewards received, can be highly volatile. The value of your reward may fluctuate from the time it is awarded to the time you access or withdraw it.
- Participants are solely responsible for any applicable taxes, fees, or additional costs associated with receiving and using the event rewards.
- OKX reserves the right to cancel or modify the event and its terms at any time without prior notice.
- This event should not be construed as a recommendation or offer to buy or sell any digital asset or financial product.
Frequently Asked Questions
Who is eligible for the Open Loot Rewards Event?
Both new and existing users are eligible, provided they complete identity verification (KYC) and meet the minimum trading requirement of 100 USDT worth of OL during the event period. The first 10,000 users to complete all steps will receive the reward.
What types of trades count towards the 100 USDT requirement?
Both spot trading and contract trading volume for the OL token are counted towards the requirement. Only trades executed within the official event dates will be considered.
When will I receive my 700 OL reward?
Rewards will be credited to eligible users within 30 working days after the event ends on December 10, 2024. All distributions are made automatically to your funding account.
Can I use a sub-account to participate?
No, this event is only available for main accounts. Trades and activity from sub-accounts will not be counted towards the event tasks.
What happens if the value of OL changes?
The reward is a fixed amount of 700 OL. However, the market value of OL, like any digital asset, is subject to change due to market volatility. The fiat value of your reward may be different when you receive it versus when you decide to trade or hold it.
Are there any risks involved?
Yes, trading digital assets carries inherent high risks, including the potential for significant loss. Prices can be extremely volatile. It is crucial to assess your own risk tolerance and financial situation before participating. 👉 View real-time tools and market data
Final Notes
This event is a fantastic opportunity to engage with the Open Loot ecosystem and be rewarded for your participation. Ensure you understand the terms, complete your KYC, and meet the trading requirement within the specified timeframe to secure your spot among the reward recipients.
For the most current information, always refer to the official OKX website and the comprehensive OKX Terms of Service.