Trade VNT!

WhiteBIT
Published 30 January 2025
637
Trade VNT!

Content

Join the VNT Trading competition and don’t miss your chance to get into the top 20 and share the prize pool of 12,000 VNT!

Conditions for participation:

  • Be registered on WhiteBIT and pass the KYC procedure;
  • Click the “Participate” button on the Competition page;
  • Trade the VNT/USDC pair on WhiteBIT;
  • Reach the minimum trading volume of 5,000 USDC.

Start: January 31

Finish: February 14

Winners: 40

Prize pool: 12 000 VNT

Prizes:

  • Main prize pool. 20 participants with a minimum trading volume of 10,000 USDC on the VNT/USDC pair will share the prize pool of 9,000 VNT. The Main Prize Pool will be distributed depending on the place in the leaderboard taken by the winners.
  • Additional prize pool. Among the remaining participants with a trading volume of more than 5,000 USDC, 20 random winners will be selected to share the prize pool of 3,000 VNT.

The minimum trading volume to participate in this trading competition is 5,000 USDC.

Read the full terms and conditions below and get on the leaderboard!

Terms and Conditions of the “Trading Competition with VNT”

The Organizer of the Promotion is WhiteBIT (https://whitebit.com).

The Promotion period is from 12:00 (UTC) on January 31 , 2025, to 12:00 (UTC) on February 14, 2025.

The Promotion is held in all countries except: the USA, Estonia, Australia, Germany, the United Kingdom, France, Canada, Japan, China, Afghanistan, American Samoa, the U.S. Virgin Islands, Guam, Iran, Yemen, Libya, Palestine, Puerto Rico, Somalia, North Korea, the Northern Mariana Islands, Syria, Belarus, the Russian Federation, Sudan, Transnistria, the temporarily occupied territories of Georgia, Nagorno-Karabakh, Northern Cyprus, Western Sahara, Ambazonia, Kosovo, South Sudan, Nicaragua, Trinidad and Tobago, Venezuela, Myanmar, and the temporarily occupied territories of Ukraine.

Participants must ensure 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 and, if necessary, may request proof of residence or location.

Participants can contact the organizer via email at support@whitebit.com or through the chat on the website https://whitebit.com.

The Promotion is aimed at promoting the WhiteBIT brand.

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

Participants of the Promotion can be adult citizens of non-restricted countries (that is, all except those mentioned above) or other individuals legally residing in such countries who meet the following Conditions during the Promotion period:

  • Registered on the WhiteBIT website https://whitebit.com for the first time or are already registered users of WhiteBIT exchange as of the start of the Promotion and have passed the verification procedure (KYC).
  • Clicked the “Join” button on the Competition page.
  • Traded the VNT/USDC pair on the spot market of WhiteBIT and reached a minimum trading volume of 5,000 USDC during the Promotion Period.

The Leaderboard is a ranking table of Participants of the Promotion, formed based on trading volume (the Participant with the highest trading volume is at the top), which is updated every 30 minutes. Final trading volume data will be collected at 12:00 (UTC) on February 14, 2025.

Trading volume includes the total amount of all buy and sell orders executed by the Participant in the VNT/USDC pair during the Promotion period.

The organizer reserves the right to disqualify a Participant if they:

  • Engage in wash trading (executing trades with themselves).
  • Use accounts with 0% trading fees (except for special trading fee discounts granted to WhiteBIT Coin (WBT) holders).
  • Use API bots.
  • Use corporate accounts (e.g., accounts created for exchange services).
  • Use multi-accounts (only one account per Participant is allowed).
  • Engage in any other illegal activity or activity contrary to the User Agreement, AML Policy, or Privacy Policy of WhiteBIT.

It is important to note that during the Promotion, Participants are prohibited from registering multiple accounts on the exchange. 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 or cooperation with affiliated users to manipulate orders is prohibited and will result in the closure of all accounts without the owner’s consent.

The terms of the Promotion must be fulfilled during its period.

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

B2B clients, 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 time of awarding a Prize, it is established that a Participant does not meet the requirements of these Terms, such a person will not be entitled to receive the Prize.

The first 20 Promotion Participants* in the Leaderboard who fulfill the Promotion Terms and achieve the highest trading volume (minimum 10,000 USDC) during the Promotion Period have an opportunity to become the Winners and win one of the Main Prize Pool Prizes, which is up to 70,000 VNT, distributed as follows:

  • 1st place in the Leaderboard — 2000 VNT
  • 2nd place in the Leaderboard — 1200 VNT
  • 3rd place in the Leaderboard — 750 VNT
  • 4-7 places in the Leaderboard — 400 VNT
  • 8-10 places in the Leaderboard — 350 VNT
  • 11-14 places in the Leaderboard — 300 VNT
  • 15-20 places in the Leaderboard — 200 VNT.

* In case the number of Promotion Participants reaching the trading volume of USD 10,000 is less than 20, the Main Prize Pool will not be distributed proportionally among such Participants, and the Prizes will be awarded according to the above distribution, in accordance with the Participant’s place in the Leaderboard.

The maximum possible number of Promotion Winners who can receive a Prize from the Main Prize Pool is 20 people.

Other Promotion Participants (except for the Promotion Participants who took the first 20 places) who reached more than 5,000 USDC of trading volume on VNT/USDC pair during the Promotion period have an opportunity to become the Winners and win one of the Prizes of the Additional Prize Pool, which is 3,000 VNT—150 VNT each.

One Winner can win only one Prize from the Main or Additional Prize Pool.

Based on the Promotion results, the Organizer automatically generates the list of Promotion Participants who fulfilled the Promotion Terms and reached the highest trading volume at 12:00 (UTC) on 14.02.2025, according to the trading volume of Promotion Participants at the moment of its completion, which will be available in the Leaderboard.

The list of Promotion Participants who have reached more than USD 5,000 in trading volume will be formed from 02/14/2025 to 02/25/2025.

The Winners of the Promotion will be determined on February 25, 2025. The Winners who will receive the Prize from the Main Prize Pool will be 20 Participants who have fulfilled all the Promotion Terms and Conditions and had the largest trading volume on the VNT/USDC pair at the end of the Promotion, according to the rating formed in the Leaderboard.

The Winners of the Promotion who will receive a Prize from the Additional Prize Pool will be determined on February 25, 2025 using random.org service, automatically among all Promotion Participants (except for the Promotion Participants who took the first 20 places) who fulfilled the Promotion Terms and had a trading volume of more than 5,000 USDC on the VNT/USDC pair during the Promotion period.

The list of all Winners will be published in this article on February 25, 2025. A video with the screen recording of the process of determining the Winners who will receive the Prizes from the Prize Pool will be published on the WhiteBIT YouTube channel.

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 list of Winners is published.

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

If after determining the Winners it is found that the Participant has not properly fulfilled the Promotion Terms or otherwise violated these Promotion Rules, the User Agreement, such Winner loses the right to receive the Prize and the Winner status. In this case, the right to receive the Prize and the Winner’s status shall be transferred to the next Participant in the Leaderboard who has reached the highest trading volume on the pairs specified in the Terms and Conditions or to the next Participant in the list formed by random.org. For example, in case of disqualification of the Participant who took the third place in the Leaderboard, his/her award will be transferred to the Participant who took the next, fourth position in the ranking.

For example, in case of disqualification of the Participant who took the second place in the list generated by random.org, his/her Prize will be transferred to the Participant who took the next, third position in the said list.

The Winner receives the Prize free of charge and without the possibility of exchange. No replacement of the Prize with its cash equivalent is provided. The Winner has no right to demand any other compensation from the Organizer. The Organizer does not assume any warranty obligations in respect of the Prize received within the framework of this Promotion and on the terms and Conditions set forth in these Terms.

The received Prize is non-refundable.

In case the Winners do not receive the Prize to which they are entitled or face any other difficulties, the Winners should contact online support at https://whitebit.com, via email support@whitebit. com or communicate with the Promoter’s agents via online chat no later than March 4, 2025. If the Winners do not contact us about not receiving the Prize by the specified date, they will lose the right to receive the Prize.

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

The Winner has the right to refuse the Prize.

The Organizer does not compensate the Winner’s additional expenses related to receiving the Prize. Income taxation of the Winners who receive the Prize is carried out in accordance with the current legislation of the Participants’ countries.

By participating in the Promotion, the Participant understands and agrees that any information voluntarily provided by him/her, including the Participant’s personal data, may be processed by the Organizer or third parties involved in order to conduct the Promotion, perform all necessary actions related to it (including, but not limited to, informing about the Promotion results both in advertising and in other ways), as well as to send the Participant information, in particular, of an advertising nature, about the following events/contests/promotions/raffle of the Organizer. 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 Promotion Participants confirm their consent to the use of their names and surnames without any material compensation, as well as their agreement to comply with other Promotion rules. The Winners confirm their consent to give promotional interviews about their participation in the Promotion in the media, in particular, on radio and television, as well as to be photographed for the production of graphic materials without any monetary compensation. All exclusive intellectual property rights to such interviews and photos will belong to the Organizer.

The Organizer reserves the right to make changes to the terms and Conditions of the Promotion. In case of any changes, information about it will be provided on the Organizer’s website https://whitebit.com.

The Organizer does not enter into disputes that may arise between the Promotion Participants regarding the Prize. In case of situations that allow for ambiguous interpretation of these Rules and/or issues not regulated by these Rules, the final decision shall be made by the Promotional Offer Organizer in accordance with the requirements of the applicable law. At the same time, the decision of the Promotional Offer Organizer is final and not subject to appeal.

The Promotional Offer Organizer is not responsible for the work of telecommunication companies, postal services, including e-mail, for any mistakes of employees of any enterprises/institutions/organizations that provide information exchange between the Promotional Offer Participants and the Organizer, or circumstances due to which mail items were not received, received late, lost or damaged; or as a result of which the Promotional Offer Participant did not receive the corresponding Prize.

In case of any discrepancies or inaccuracies related to the translation into several languages used in the Promotion, the English translation shall be considered valid and shall supersede all other versions.