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What Is Spot Trading Airdrop?

Trading Made Easy
  • Updated

I. Introduction to Spot Trading Airdrop

The Trading Airdrop event is held periodically to thank both new and existing users for their support of Spot Trading. This event rewards participants with token airdrops based on their cumulative Spot trading volume and trading fees contribution during the specified period.

II. How to access Spot Trading Airdrop?

Portal: "Trading Airdrop" label on the upper right corner of the Spot Trading page.
Note: Please upgrade to app version 4.14.0 or above to access this feature.

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Image 1: Web portal
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Image 2: App portal



III. What do the 3 different states of the portal represent?

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Black Diamond: No ongoing event Blue Diamond: Event ongoing

Animated Multicolor Diamond: You have an airdrop waiting to be claimed.


IV. How to participate in the Spot Trading Airdrop event

There are three phases in the Spot Trading Airdrop event: Trading Phase, Airdrop Phase and Archiving Phase.

1. Trading Phase: All users can participate without the need to register for the event. Simply trade Spot during the event and the system will automatically record your trading volume. You can view your current trading volume on the Trading Airdrop event page.
2. Airdrop Phase: BingX will announce the airdrop rewards for the period and issue them within 24 hours. Visit the event page to claim your airdrops.
3. Finalization Phase: Any airdrops left unclaimed for 3 days after the event will automatically be transferred to the users' Fund Account. The event will subsequently be archived under past events.


5. FAQs
Q: When is the event held?
A: The event is held periodically, and each session runs for 7 days.

Q: What tokens are included in the airdrop?
A: The specific token rewards will be announced at the end of the event. We appreciate your patience and understanding.

Q: How are the token rewards calculated? How do I claim them?
A: The final airdrop amount you are eligible to get is determined based on various factors such as your trading volume during the event, trading fees and more. It's not predictable during the event, so please wait patiently for the reward announcement. Once announced, you can view and claim your eligible airdrop amount on the event page. The tokens will be instantly transferred to your Fund Account after claiming. No need to worry if you didn't claim them in time — the system will automatically issue them to your Fund Account 3 days after the event.

Q: Am I guaranteed a reward if I participate?
A: Currently, there are 2 scenarios where trades will not be included in the event' trading volume, and thus you will not be eligible for rewards: 1. API trades; 2. Trades made by accounts under risk control or subaccounts.

Q: Are grid trades counted towards the trading volume?
A: Yes, trading volumes from both Spot Grid and Spot Infinity Grid trades are counted.

Q: Are there any trading pair restrictions? Which trading pairs are excluded from the event's trading volume calculation?
A: Currently, all stablecoin pairs (e.g. USDC/USDT) where both the quote and base currencies are stablecoins are not included.

 

BingX Operation Team
2024-04-29
 
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