Trading Competition with UAHg

WhiteBIT
Published 08 May 2024
201
Trading Competition with UAHg

Content

Join the Trading Tournament with UAHG and compete for part of the prize pool, which is 200,000 UAHG!

How to participate:

  1. Register on the WhiteBIT website and confirm your identity (KYC) – if you have already done so, you are also participating;
  2. Click the “Participate” button on the Tournament page.
  3. Trade the UAHG/UAH pair from May 9 to June 6 during the tournament period.

Prizes are as follows:

  • The main prize pool. 20 participants with the largest trading volume will share the prize pool of 140,000 UAHG. The prize pool will not be distributed equally among the winners but will depend on the place the winners took.
  • Additional prize pool. Among the participants with a trading volume of 90.000 UAH or more in the equivalent of the UAHG/UAH pair, 20 winners will be randomly selected, who will proportionally share the prize pool of 60,000 UAHG.

Read the detailed conditions below.

Terms and Conditions of Participation in «Trading Competition with UAHg»

The organizer of the Promotion is WhiteBIT.

Promotion period: from 12:00 p.m. (UTC) on May 9, 2024 to 12:00 p.m. (UTC) on June 6, 2024.

The territory of the Promotion: The Promotion is held on the territory of all countries except for the Islamic Emirates of Afghanistan, American Samoa, the American Virgin Islands, Guam, the Islamic Republic of Iran, the Republic of Yemen, the State of Libya, the State of Palestine, the freely associated state of Puerto Rico, the Federal Republic of Somalia, Democratic People’s Republic of Korea, the Commonwealth of the Northern Mariana Islands, the United States of America, the Syrian Arab Republic, the Republic of Sudan, the Republic of South Sudan, the “Pridnistrian Moldavian Republic”, the French Republic, the Federal Republic of Germany, the temporarily occupied territories of Georgia, the Turkish Republic of Northern Cyprus, the 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 popularize WhiteBIT services.

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

The promotion is not a game of chance, a lottery, a service in the field of gambling business or a contest; these Terms are not a public promise of reward.

Information about the Promotion is provided based on advertising rights.

Participants of the Promotion are adult citizens of non-prohibited countries (that is, all, except those mentioned above) or other persons who are legally present in the territory of such countries 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 Promo’s page;
  3. Traded the UAHG/UAH trading pair with a minimum trading volume of 90,000 UAH on the WhiteBIT exchange during the Promotion period.

Attention!

The tournament table is a ranking table of the Promotion Participants, formed according to the trading volume (where the Participant with the largest trading volume is in the first place), updated every 30 minutes. The final data on the volume of trades will be collected at 12:00 (UTC) on 06/06/2024.

The trading volume of the Promotion Participants will be counted only for the UAHG/UAH trading pair.

The trading volume is calculated as the total amount of all buy and sell orders executed by the Participant in the specified trading pair during the Promotion period.

The Promoter reserves the right to disqualify the Participant from the Trading Competition if they:

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

Important! During the participation in the Promotion, it is prohibited to register on the exchange multiple times (use multiple accounts). Participants with multiple accounts will be disqualified. Unless otherwise agreed in writing, each Participant may register only once (have only one account). Using multiple accounts (multi-accounts) or collaborating with affiliated users to manipulate orders is prohibited and will lead to the closure of all accounts without the owner’s consent. In the event of detection of multiple account creation, the Organizer reserves the right to close the second created account and any subsequent multi-accounts.

The Promotion conditions must be fulfilled within the terms of the Promotion.

Any personal data of the Promotion Participants is processed for the purpose of ensuring participation in the Promotion, marketing relations, advertising relations, tax relations, and accounting relations.

Employees, representatives, or agents of the Organizer and their relatives (first and second degree of kinship) are not eligible to participate in the Promotion. If, at the moment of awarding the Prize, it is established that the person who participated in the Promotion cannot be a Participant of the Promotion in accordance with these Rules, such person shall lose the right to receive the Prize.

Participants of the Promotion who have fulfilled all the Conditions have the opportunity to become Winners and win one of the Prizes of the Main Prize pool, which is 140,000 UAH.

The first 20 Participants who fulfill the conditions of the Promotion and achieve the largest trading volume during the Promotion have the opportunity to win the Prize of the Main Prize pool, which will be distributed as follows:

 

1st place in the tournament table — 35 100 UAHG;

2nd place in the standings — 21 000 UAHG;

3rd place in the standings —14 000 UAHG;

4–9 places in the tournament table — each 5600 UAHG;

10–20 places in the tournament table — each 3300 UAHG.

 

Other Participants of the Promotion who have reached more than 90,000 UAH in trading volume from the UAHG/UAH pair during the Promotion have the opportunity to become Winners and win one of the Prizes of the Additional Prize Fund, which is 60,000 UAHG, namely, 3,000 UAHG each.

The maximum possible number of Winners who can win a Prize from the Main Prize fund is 20 people. The maximum possible number of Winners who can win a Prize from the Additional Prize fund is 20 people.

One Winner may receive only one Prize from the Main or Additional Prize pool.

Based on the results of the Promotion, the Organizer automatically forms a list of Promotion Participants who have fulfilled the Basic and Additional Terms at 12:00 (UTC) 06.06.2024, according to the volume of the Promotion Participants’ trades at the time of its completion, which will be available in the Tournament Table.

The Winners of the Promotion will be determined on 14.06.2024. The winners who will receive the Main Prize will be 20 Participants who have fulfilled all the Terms of the Promotion and had the largest trading volume in the UAHG/UAH pair at the time of the Promotion, according to the rating formed in the Tournament Table.

The Winners who will receive the prize of the Additional Prize Fund will be determined on June 14, 2024, using the random.org service, automatically among all Participants of the Promotion who have fulfilled its Terms. Winners are determined by rating (place in the list on the https://www.random.org/ service ).

The list of winners will be published in this article on 14.06.2024. 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.

The Organizer shall credit the Prizes to the main balances of the Winners on the WhiteBIT exchange within 7 working days from the next calendar day after the publication of the list of Winners.

Winners of the Promotion will be informed about the calculation of the Prize by letter to the e-mail address specified during registration on the website https://whitebit.com/ within 5 working days after crediting the Prizes.

If the Winner does not comply with these Rules, such Winner loses the right to the status of the Winner, and such right passes to the next Winner on the list.

The winner receives the Prize for free. Replacement of the Prize with its monetary equivalent is not envisaged. 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 should 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 June 28, 2024 inclusive. If the Winner does not apply within the specified period, particularly regarding non-receipt of the Prize, the Winner loses the right to receive it.

 

The received Prize cannot be exchanged or returned.

Winners determined by the Promotion results cannot transfer the rights to receive the Prize to third parties.

The Winner of the Promotion is entitled to refuse the Prize.

The Organizer bears no warranty obligations regarding the Prize received within the framework of this Promotion and under the conditions specified in these Terms and Conditions.

The Organizer does not compensate the Winner for the additional expenses related to the receipt of the Prize. Taxation of the income of the Winners who received the Prize is carried out in accordance with the current legislation of the countries of 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. The information may be processed to conduct the Promotion, to carry out all necessary actions related to it (including, but not exclusively, informing about the Promotion results both in advertising and in another way), as well as further possible sending of information to the Participant, including of an advertising nature, about the following events/competitions/promotions/draws of the Organizer. By accepting the requirements of these Terms, the Participants hereby consent to such processing of personal data for use by the Organizer and/or other authorized Organizers 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 their participation in the Promotion, the Participants of the Promotion confirm their consent to the use of their surnames and names without financial compensation, as well as their agreement to comply with other Conditions of the Promotion. The Winners confirm their consent to provide advertising interviews about participation in the Promotion in the media, including on radio and television, as well as to be photographed for producing 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 change the Terms and Conditions of the Promotion. In case of any changes, information about this will be provided on the https://whitebit.com website and Organizer’s social networks.

The Organizer does not enter into disputes that may arise between the Promotion’s Participants concerning the Prize. In situations that allow an ambiguous interpretation of these Conditions and/or issues not regulated by these Conditions, the Organizer of the Promotion makes the final decision in accordance with the requirements of the current legislation of the countries of Participants. In this case, the decision of the Organizer of the Promotion is final and not subject to appeal.

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