Announcement on MEXC Futures Competition launch - Win a Tesla Model 3 and Share 50,000 USDT Prize!

Dear users,

MEXC Futures is excited to announce our latest campaign < MEXC Futures Competition - Win a Tesla Model 3 and Share 50,000 USDT Prize> that is happening on 25th Mar 2022 —— Stand a chance to bring home a Tesla Model 3 and share rewards of total worth 50,000 USDT!

Join the Futures Individual Tournament Here

1. Campaign Duration:

Registration Period: 2022-Mar-24 10:00 to 2022-Mar-30 10:00 (UTC) 

Competition Period: 2022-Mar-25 10:00 to 2022-Mar-30 10:00 (UTC)

2. Trading pair: USDT-Margined Swaps

3. Registration Requirements:

Participants shall ensure at least 100 USDT benefits in their USDT-M Futures wallet to be eligible. Before the tournament begins, MEXC will screen and validate the qualification of all registered participants; If there are additional participants signing up after the start date of the tournament, the platform will review the entry qualifications of the newly registered participants on the day of their registration.

*Futures benefit = balance + unsettled balance

4. Event Rewards

Reward 1: PnL Ranking, $30,000 to Be Shared!

Top 100 participants with the highest PnL (%) and total trading volume (including buys and sells) no less than 10,000 USDT across all USDT-Margined futures trading pairs during the campaign period will be qualified for a share of the prize worth $30,000 on a first-come-first-served basis!

Reward 2: 1st Place To Win A Tesla Model 3！

Top 1 participant with the highest accumulated trading volume that is no less than 200 million USDT during the campaign period will bring home a Tesla Model 3!

Reward 3: Join & Refer Friends to MEXC Futures - Share 20,000 USDT

During the campaign period, MEXC Futures users will be rewarded 10 USDT Futures Bonus for each valid referral, capped at 300 USDT per user. Each valid invitee will also gain a 10% discount on futures trading fees.

*An invitee must complete KYC and trade ≥ 1,000 USD in Futures with MEXC to be considered valid. 

5. Campaign Details:

（1）P&L (%) Calculation Formula:

P&L (%) = Profit / (Initial Equity + Total Deposits) * 100%

Profit = [Account Final Equity (incl. unrealized P&L and/or bonus) - Account Initial Equity (incl. unrealized P&L and/or bonus)] + (Outbound Transaction Amount during the competition - Inbound Transaction Amount during the competition)

Inbound Transaction Amount = Accumulated deposits (incl. transfers, awarded bonuses, commissions, & asset exchange) during the competition

Outbound Transaction Amount = Accumulated withdrawals (incl. any withdrawals and asset exchange) during the competition

（2）Reward distribution rules

• In the event where two or more participants produce the same P&L (%) or Effective P&L (%), the final ranking will be determined based on their total trading volume. Participants must reach a minimum total trading volume (including buys and sells) of 10,000 USDT during the campaign.
•  In the event where the grand prize (Tesla Model 3) cannot be delivered due to commodity shortage, logistics and other reasons, MEXC will convert the value of the grand prize into equivalent USDT and airdrop to the winner account according to the price stated on Tesla’s official website;
• The rewards from this campaign cannot be redeemed along with other ongoing futures trading rewards. Market makers are also not allowed to participate in this campaign;
• Futures bonuses, USDT rewards and in-kind prizes will be credited to the winners’ accounts within seven (7) days after the campaign.
• Users ranked Top 20 in Reward 1 (PnL Ranking) and final winner of Reward 2 (Win a Tesla Model 3) must contact our futures activity assistant to redeem their rewards via Telegram (@mexcdm5).

Join the official futures community for further assistance: https://t.me/MEXCFutures

(3) For Futures Bonus instructions, please refer to:

https://support.mexc.com/hc/en-001/articles/360054434472 

(4) MEXC reserves the right of final interpretation of the Terms and Conditions hereinabove. MEXC reserves the right to disqualify any participant who engages in any inappropriate, dishonest, or abusive activities (such as wash trading, volume faking, participating with multiple accounts etc) during the campaign.

Find us on

Telegram: https://t.me/MEXCEnglish 

MEXC ETF: https://t.me/MEXCETFCommunity

MEXC Futures: https://t.me/MEXCFutures

MEXC Derivatives: https://twitter.com/MEXCDerivatives

Twitter: https://twitter.com/MEXC_Global 

Facebook: https://www.facebook.com/mexcglobal 

Instagram: https://www.instagram.com/mexcglobal/ 

Medium: https://medium.com/mexcglobal 

Discord: https://discord.gg/agZNfksc2T

Buy USDT Instantly here: https://otc.mexc.com/

Create your own referral link today and start inviting friends to enjoy great rebates:

https://www.mexc.com/invite 

Enjoy trading on MEXC.

The MEXC Team

23 March 2022