Huobi Global will start the promotion “ETP Exclusive- Trade to Predict, Up to 25,000 USDT for Grabs!” covering eight ETP products. During the event, users can make their prediction (trade to predict) of the most potential trading pair to share a 25,000 USDT reward. There is no requirement to holdings or time limit to buy-in/ sell out.
I. Promotion Period：
From 0:00-22:00 daily 21 October to 27th October 2020 (UTC+8)
1. Predict which ETP product enjoyed the highest USDT price rise for the next day (in-scope ETP products: BTC*3、BTC*(-3)、ETH*3、ETH*(-3)、DOT*2、DOT*(-2)、BSV*3、BSV*(-3)).
2. There will be a total of 7 prediction rounds.
3. Users who made the correct predictions can share corresponding daily rewards by the trading fee proportion. The users with the more than 4 times of correct predictions (to ETP products) during the promotion period can share the lucky draw reward of 5,000 USDT. The user with the most number of correct (to ETP products) during the promotion period can win (or share) the grand reward of 2,500 USDT.
A user participated in a round of prediction on the 21st of October, and purchase 100 USDT worth of BTC*3 to predict that the BTC*3 will be the trading pair with the highest USDT price rise. On the 22nd of October, the opening price of BTC*3 is 15 USDT，close price is 20 USDT，the rise is 33.33%. When the rank list is announced on the 23rd of October, and BTC*3 is the trading pair with the highest price rise among the eight digital asset trading pairs, this user can share the daily reward.
III. How to participate?
WEB site: Click Homepage banner【 [ETP Exclusive] Predict To Win, 25K USDT To Give Away 】to visit the event page. Click “Trade to Predict” to complete a purchase to participate.
APP site: Login Huobi APP，and click homepage banner【 [ETP Exclusive] Predict To Win, 25K USDT To Give Away 】 or prompt page to participate.
If the predicted ETP product (trading pairs) is ranked No. 1 or No. 2 (ETP product with the 1st or the 2nd highest increase for the day), users are qualified to share rewards.
Pool Reward Allocation:
|Pool Name||Pool Allocation||Details|
|Daily Reward||2,500 USDT||If the predicted ETP product is the Top rise ( ETP product with the highest increase for the day), user will share 70% of the daily base reward proportionately to their trading fee. If the predicted ETP product is ranked No. 2 (ETP product with the 2nd highest increase for the day), user will share 30% of the daily base reward proportionately to their trading fee.|
|Lucky Draw Reward Pool||5,000 USDT||The users with at least 4 correct predictions during the promotion period can equally share the Lucky Draw Reward.|
|Grand Reward||2,500 USDT||The users with the most number of correct predictions (to Top 1 rise prediction) during the promotion period.|
VI. Points to note:
1. If there are multiple users with the highest number of correct predictions to the token with the largest price fluctuations (TOP1), then the 2,000 USDT reward will be shared equally.
2. This campaign is limited to parent account that has passed ID verification.
3. Individual user can only make prediction to one (1) ETP product only. Once the prediction completed, it cannot be changed.
4. Upon confirmation of purchase, the system will place the order using the user’s USDT account balance.
5. Any sale conducted by users will not impact the prediction results or actual award.
6. Warmly reminding that check the holding limits before your order submission due to the differences of each ETP products.
7. Rewards will be distributed in the following week. Reward amount distributed will be round-up to 4 decimal places.
8. 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.
9. Huobi reserves the right to make changes to this promotion rules and rewards in event of unforeseen circumstances (e.g. early promotion termination).
1. Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of risks associated with digital asset trading and make prudent trading decisions.
2. Huobi Global announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.
* To learn more about ETP product issues, click here to view the ETP specification announcement【Click here to view>>】
October 21, 2020