Welcome to the Trading Competition With UAHg 4.0

WhiteBIT
Published 14 November 2024
267
Welcome to the Trading Competition With UAHg 4.0

Content

We are waiting for you in a new trading competition with the Ukrainian hryvnia stablecoin UAHg. Prepare your best trading strategies and increase your trading volumes on the USDT/UAHG pair! If you complete the UAHG tasks for buying and holding UAHG on your Balance in our Bull Run app, you can get an additional 50 UAHG from a special prize pool.

To participate:

  1. Register on WhiteBIT and pass KYC verification. If you have already done everything, then you are also participating;
  2. Click the “Participate” button on the tournament page;
  3. Trade the USDT/UAHG pair with a minimum trading volume of 427,000 UAHG to compete for a share of the prize pool of 140,000 UAHG, and reach a trading volume of 216,000 UAHG to compete for a share of the prize pool of 60,000 UAHG, during the Promotion period.

Start: November 15, 12:00 (UTC)

Finish: November 29, 12:00 (UTC)

Prize pool: 200,000 UAHG

Special prize pool: 50 UAHG for those who completed tasks from UAHG for buying and holding UAHG on their Balances in the Bull Run App and will participate in the tournament and trade a minimum volume of 43,000 UAHG.

Winners: 40

Prizes:

  • Main Prize Pool. Twenty participants with a minimum trading volume of 427,000 UAHG on the USDT/UAHG pair will share a prize pool of 140,000 UAHG. The Prize Pool will be distributed according to the winners’ place on the leaderboard.
  • Additional Prize Pool. Among the remaining participants with a trading volume of over 216,000 UAHG, 20 random winners will be selected who will equally share a prize pool of 60,000 UAHG.
  • A special prize pool of 50 UAHG for those who completed tasks in the Bull Run App and will participate in the tournament and trade a minimum volume of 43,000 UAHG.

The minimum trading volume to participate in this trading tournament is 43,000 UAHG.

Read all the details and conditions of participation below and start increasing your trading volume now!

Terms and Conditions of the “Trading Competition with UAHg 4.0” Promo

The Promotion Organizer is WhiteBIT.

The promotion period is from 12:00 (UTC) November 15, 2024, to 12:00 (UTC) November 29, 2024.

The territory of the Promotion: The Promotion is held in all countries except the Islamic Emirates of Afghanistan, American Samoa, US Virgin Islands, Guam, Islamic Republic of Iran, Republic of Yemen, State of Libya, State of Palestine, Freely Associated State of Puerto Rico, Federal Republic of Somalia, Democratic People’s Republic of Korea, Commonwealth of the Northern Mariana Islands, United States of America, Syrian Arab Republic, Republic of Sudan, Republic of South Sudan, “Transnistrian Moldavian Republic”, French Republic, Federal Republic of Germany, temporarily occupied territories of Georgia, Turkish Republic of Northern Cyprus, Western Sahara, Ambazonia, Republic of Kosovo, Kingdom of Spain, Canada, Republic of Belarus, Russian Federation, temporarily occupied territories of Ukraine.

Participants are responsible for ensuring that their participation is not prohibited or restricted by the laws or regulations of their jurisdiction. The Organizer reserves the right to verify the eligibility of Participants to participate in the Promotion and may request proof of residence or location if necessary.

The Promotion is held to promote WhiteBIT services.

You can contact the Organizer of the Promotion by email at support@whitebit.com, or via chat on the website https://whitebit.com.

The Promotion is not a game of chance, lottery, gambling service, or competition, and these Terms and Conditions do not constitute a public promise of a reward.

Information about the Promotion is provided for advertising purposes.

Participants of the Promotion are adult citizens of non-prohibited countries (i.e. all countries except those mentioned above) or other persons who are legally residing in the territory of such countries and who have fulfilled the following Conditions:

  1. Registered for the first time on the WhiteBIT website https://whitebit.com or are already registered users of the WhiteBIT exchange and have passed the verification procedure (KYC);
  2. Clicked the “Participate” button on the Promotion page;
  3. During the Promotion, traded the USDT/UAHG pair with a minimum trading volume of 43,000 UAHG.

Attention!

The Leaderboard is a ranking table of the Promotion Participants, formed according to the trading volume (where the Participant with the largest trading volume is in first place). It is updated every 30 minutes. The final data on the trading volume will be collected at 12:00 (UTC) on 11/29/2024.

The trading volume of the Promotion participants will be counted only for the USDT/UAHG trading pair.

The minimum trading volume for participation in this trading tournament is 43,000 UAHG.

The trading volume is calculated as the total sum of all orders for purchase and sale executed by the Participant in the specified trading pairs during the Promotion Period.

The Organizer of the Promotion reserves the right to disqualify the Participant if he/she:

  • Use wash trading (execute their own orders);
  • Use accounts with a 0% trading fee (except for special trading fee discounts provided to holders of WhiteBIT Coin);
  • Use API bots;
  • Use a corporate account (for example, those created for exchange services);
  • Use multi-accounts (only one account per Participant is allowed);
  • Take part in any illegal activity, including those covered by WhiteBIT’s User Agreement, AML/CFT Policy, and Privacy Policy.

The Conditions of the Promotion must be met within the designated time frame of its duration.

IMPORTANT! While participating in the Promotion, it is forbidden to register on the exchange several times (use several accounts). Participants with multiple accounts will be disqualified. It is forbidden to participate in the Promotion simultaneously from whitebit.com and the local website of WhiteBIT exchange (whitebit-tr.com). Such Participants will be disqualified.

Unless otherwise agreed in writing, each Participant may register only once (have only one account). The use of multiple accounts (multi-accounts and/or Sub-Accounts) or cooperation with affiliated users and/or users of Sub-Accounts belonging to the Participant for manipulating orders is prohibited and will result in the closure of all accounts without the owner’s consent. In the case of detecting the creation of several accounts, the Organizer reserves the right to close the second created account and any subsequent multi-accounts.

The Conditions of the Promotion must be met within the specified timeframe.

Any personal data of the Promotion Participants is processed to ensure participation in the Promotion, marketing, advertising, tax, and accounting relations.

Participants who are employees, representatives, or agents of the Organizer or their relatives (up to the second degree of kinship) are ineligible to participate in the Promotion. If, when awarding the Prize, it is determined that Participants do not meet the eligibility criteria outlined in these Terms, they will not be entitled to receive the Prize.

The first 20 Participants of the Promotion in the Leaderboard who fulfill the Promotion Terms and achieve the highest trading volume (minimum 427,000 UAHG) during the Promotion Period have the opportunity to become Winners and win one of the Prizes from the Main Prize Pool, which is 140,000 UAHG, which will be distributed as follows:

1 place in the Leaderboard— 28,000 UAHG;

2 place in the Leaderboard— 16,800 UAHG

3 place in the Leaderboard— 11,200 UAHG;

4–7 places in the Leaderboard— 7,500 UAHG each;

8–10 places in the Leaderboard—5,500 UAHG each;

11–14 places in the Leaderboard—4,125 UAHG each;

15 –20 places in the Leaderboard— 3,500UAHG each;

Other Participants in the Promotion who fulfill the Promotion’s Terms and reach a minimum trading volume equivalent to 216,000 UAHG have the opportunity to become Winners and win a part of the Additional Prize Pool, which is 60,000 UAHG, namely 3,000 UAHG each.

Participants of the Promotion who fulfill the Terms of the Promotion and reach the minimum trading volume equivalent to 43,000 UAHG and complete the tasks from UAHG for buying and holding UAHG on their Balances from the Bull Run App game during the period of this Promotion will receive 50 UAHG from the Special Prize Pool. The number of such Winners is unlimited.

The maximum number of Winners who can win a Prize from the Main Prize Pool is 20 people. The maximum number of Winners who can win a Prize from the Additional Prize Pool is 20 people. The maximum number of Winners who can win a Prize from the Special Prize Pool is unlimited.

One Winner can receive only one Prize from the Main or Additional Prize Pool. Additionally, the winner can also receive a prize from the Special Prize Pool (50 UAHG).

Based on the results of the Promotion, the Organizer automatically forms a list of Participants of the Promotion who have fulfilled the Terms of the Promotion at 12:00 (UTC) on 11/29/2024, according to the trading volume of the Participants of the Promotion at the time of its completion, which will be available in the Tournament Table.

The Winners of the Promotion will be determined on 12/10/2024. The Winners who will receive the Prize from the Main Prize Pool will be the 20 Participants who have fulfilled all the Terms of the Promotion and had the largest trading volume, but not less than 427,000 UAHG on the USDT/UAHG pair at the time of the Promotion’s end, according to the rating formed in the Tournament Table.

The Winners who will receive the Prize from the Additional Prize Pool will be determined on 10.12.2024 using the random.org service, automatically among all Participants of the Promotion with a trading volume of not less than 216,000 UAHG who have fulfilled its Terms, except for those Participants who became Winners and will receive the Prize from the Main Prize Pool. The Winners who will receive the Prize from the Additional Prize Pool are determined by rating (place in the list on the https://www.random.org/ service).

The list of all Winners will be published in this article on 10.12.2024. A video with a screen recording of the process of determining the Winners who will receive Prizes from the Additional Prize Fund will be published on the WhiteBIT YouTube channel.

We will also publish the nicknames of the Winners of the Prizes from the Special Prize Fund in this article.

The Organizer will credit the Prizes to the Winners’ Main Balances on the WhiteBIT exchange within 7 business days from the next calendar day after the publication of the list of Winners.

The Winners of the Promotion will be informed about the crediting of the Prize by letter to the email address specified during registration on the website https://whitebit.com/, within 5 business days after the Prizes are credited.

If, after determining the Winners, it is discovered that the Participant has improperly fulfilled the Terms of Participation in the Promotion, or otherwise violated these Promotion Rules, the User Agreement, then such Winner loses the right to receive the Prize and the status of the Winner. In such a case, the right to receive the Prize and the status of the Winner are transferred to:

– when distributing the Main Prize Fund – to the next Participant in the Tournament Table who has achieved the largest trading volume on the USDT/UAHG pair. For example, in the event of disqualification of the Participant who took third place, his award will be transferred to the Participant who took the next, fourth position in the rating.

– when distributing the Additional Prize Fund – to the Participant selected using the random.org service.

The Winner receives the Prize free of charge. The Prize cannot be replaced with its cash equivalent. The Winner of the Promotion has no right to demand any other compensation from the Organizer.

In case of non-receipt of the Prize, if the Winner was entitled to it, or in case of any other difficulties, the Winner must contact the online support on the website https://whitebit.com, at the email address support@whitebit.com. The Winner must do this no later than 12/26/2024 inclusive. If the Winner does not contact within the specified period, in particular regarding non-receipt of the Prize, the Winner loses the right to receive it.

The Prize received is not subject to exchange or return.

Winners determined by the results of the Promotion may not transfer the rights to receive the Prize to third parties.

The Winner of the Promotion has the right to refuse the Prize.

The Organizer does not bear warranty obligations regarding the Prize received within the framework of this Promotion and under the conditions specified in these Rules.

The Organizer does not compensate the Winner for additional expenses related to receiving the Prize. Taxation of the income of Winners who received the Prize is carried out in accordance with the current legislation of the countries of the Participants.

By participating in the Promotion, the Participant understands and agrees that any information voluntarily provided by him, including the Participant’s personal data, may be processed by the Organizer or third parties involved by him for the purpose of conducting the Promotion, performing all necessary actions related to it (in particular, but not exclusively, informing about the results of the Promotion both in advertising and otherwise), as well as the subsequent possible sending of information to the Participant, in particular of an advertising nature, about the Organizer’s subsequent events/contests/promotions/draws. By accepting the requirements of these Terms, the Participants hereby consent to such processing of personal data for the purpose of use by the Organizer and/or other persons authorized by the Organizer and confirm their full understanding and necessary awareness of the purposes of processing the information provided, as well as the privacy policy: https://whitebit.com/privacy-policy.

At the same time, by participating in the Promotion, the Participants of the Promotion confirm their consent to the use of their surnames and first names without any financial compensation, as well as their agreement to comply with other Rules of the Promotion. The Winners confirm their consent to give advertising interviews about their participation in the Promotion in the media, in particular on radio and television, and to be photographed for the production of graphic materials without paying them any monetary compensation. All exclusive intellectual property rights to such interviews and photographs will belong to the Organizer.

The Organizer reserves the right to make changes to the terms and conditions of the Promotion. In the event of any changes, information about this will be provided on the website https://whitebit.com and on the Organizer’s social networks.

The Organizer does not enter into disputes that may arise between the Participants of the Promotion regarding the Prize. In the event of situations that allow for ambiguous interpretation of these Rules and/or issues not regulated by these Rules, the final decision is made by the Organizer of the Promotion in accordance with the requirements of the current legislation of the countries of the Participants. At the same time, the decision of the Organizer of the Promotion is final and cannot be appealed.

The Organizer of the Promotion is not responsible for the operation of telecommunications companies, postal services, in particular e-mail, for any errors of employees of any enterprises/institutions/organizations that provide information exchange between the Participants of the Promotion and the Organizer.

In the event of any discrepancies or inaccuracies related to the translation into several languages ​​used in the Promotion, the translation into English is considered valid and replaces all other versions.