Event duration:
2023/09/01 00:00 to 2023/09/30 20:00（UTC+8）
Target audience:
Apply to participate in this event: KOLs, agents, users, etc.
Activity Reward Magnifier One (KOL/Agents, additional reward of 50,000 USDT contract bonus, available on a first-come, first-served basis):
To encourage active participation in the market by KOLs/Agents and enhance interaction between KOLs/Agents and the platform, we are specially providing:
Participation Period for KOLs/Agents | Personal Contract Bonus (USDT) | Distribution of Bonus |
Phase One | 0 | Distribution of rewards for participating in the activity's corresponding segments. |
Phase Two | 300 | Individual bonus received by KOLs/Agents + corresponding portion of the participation reward for the activity. |
Phase Three | 900 | |
Phase Four | 1,200 | |
Phase Five | 1,500 |
Activity Rewards Telescope 2 (KOL/Agents, top 10 finishers of the monthly activity can receive rewards):
Target audience | Completion criteria | Rewards | Reward Distribution |
KOL/Agent Network Trading Rewards | Monthly Transaction Fees: 10,000USDT＜X＜40,000USDT | USDT：500 Contract Bonus USDT：1,000 | At the end of each activity period, the data will be collected and rewards will be distributed based on the corresponding intervals. The expected timeline for completing reward distribution is 1 to 3 business days. |
Monthly Transaction Fees: 40,000USDT≤X≤60,000USDT | USDT：800 Contract Bonus USDT：3,000 | ||
Monthly Transaction Fees: X>60,000USDT | USDT：1,000 Contract Bonus USDT：5,000 |
Reward Notice:
1. For KOLs/Agents participating in the activity, individuals can receive a bonus. Taking the five phases as an example: 3,900 USDT contract bonus + corresponding portion of additional activity reward. If KOLs/Agents complete the participation reward for the activity and achieve a monthly trading fee > 60,000 USDT within their network, they will also receive a 1,000 USDT reward + 3,900 USDT contract bonus, totaling rewards of 1,000 USDT + 3,900 USDT contract bonus + corresponding portion of additional activity reward.
2. KOLs/Agents participating in the activity for 3 or more phases will automatically become platform ambassadors. In addition to continuing to receive platform activity bonus benefits, ambassadors may also periodically receive platform token airdrops (BIB Token), branded merchandise airdrops, all-inclusive trips to brand summits, logo exposure benefits, and more.
3. In the event that a KOL/Agent participates in the activity and fails to receive the corresponding basic reward for two consecutive times, their next participation in the activity will be considered as their first participation, and no personal contract bonus will be awarded.
4. Magnifying Glass II rewards are limited in quantity and will be distributed in order of completion time at the end of each month. The third tier takes precedence over the second tier, and the second tier takes precedence over the first tier. For instance, if 15 individuals complete the third tier, the first 10 in order of completion time will receive rewards. The total limit for the activity is 10 participants; any remaining tiers will not be distributed.
Event Details:
Event 1: Invitation Rewards with Contract Bonus - Grab 50,000 USDT in bonus, with a chance to receive up to 3,000 USDT in contract bonuses.
During the activity period, the cumulative trading volume of the contract reaches the reward interval, you can get the corresponding reward, the total reward 50,000USDT, first-come-first-served, while stocks last!
Invite new users to register and complete KYC1 verification. | Complete a deposit and make a deposit in any cryptocurrency. | Inviter's Reward (USDT) | Invitee's Reward (USDT) |
≥5 | Deposit of any amount in cryptocurrency. | 50 | 20 |
≥10 | 100 | ||
≥50 | 500 | ||
≥100 | 1,000 | ||
≥300 | 3,000 |
Event 2: New User Trading - Share 50,000 USDT in bonus, with a chance to receive up to 900 USDT in contract bonuses.
During the event period, participants who accumulate contract trading volume within the reward thresholds will be eligible for corresponding rewards. A total of 50,000 USDT in rewards is available on a first-come, first-served basis, until the rewards are fully distributed.
Level | Contract Trading Amount (USDT) | Cumulative Trading Frequency | Reward Amount (USDT) | Number of Reward Recipients |
1 | ≥1,000 | 3 | 30 | 200 |
2 | ≥2,000 | 4 | 60 | 150 |
3 | ≥5,000 | 8 | 80 | 100 |
4 | ≥8,000 | 10 | 300 | 50 |
5 | ≥10,000 | 15 | 500 | 20 |
6 | ≥15,000 | 20 | 900 | 10 |
Event Information:
1. The bonus contract funds awarded in the event can only be used for contract trading. These bonus funds cannot be directly withdrawn. However, the profits gained from contract trading using the bonus funds can be withdrawn by users (For instance: User A receives a 20 USDT bonus, makes a profit of 50 USDT through contract trading, and their contract account balance shows 70 USDT. In this case, the withdrawable amount is 50 USDT, which is the profit of 50 USDT).
2. For participants who meet the reward criteria, the system will calculate and distribute rewards based on the completion time in the order they were achieved after the event concludes. The rewards will be distributed on a first-come, first-served basis, and distribution will continue until the rewards are fully allocated. The actual reward distribution will be determined by the time the rewards are credited to accounts. Each user can only receive the event reward once, and they will receive the highest possible reward value. For example, if a user completes the criteria for Event 1 and qualifies for ≥300, they will receive 3,000 USDT in bonus funds. Similarly, if they complete the requirements for Event 2 and reach level 6, they will receive 900 USDT in bonus funds. The maximum combined reward from both events is 3,900 USDT.
3. All orders closed within 3 minutes will not be included in the calculation of the total trading volume.
4. Users should be aware that withdrawing profits from contracts requires completion of Level 2 KYC. Without completing Level 2 KYC, withdrawals cannot be processed.
5. Bonus Explanation: The bonus funds will be directly credited to the user's contract account. During the use of bonus funds, they will be subject to risk control based on the risk rate. The bonus funds are valid for 10 days starting from the day they are credited. If within these 10 days, a user either does not use the bonus funds or after using them, the contract balance becomes less than the bonus amount, the bonus funds will be reclaimed.
6. The contract trading rules will adhere to the platform's contract regulations. Please read the rules carefully before opening a position.
BIB reserves the right to modify the terms of this event. In case of any changes, there will be no separate notifications provided.
BIB reserves the right to take action against any fraudulent behavior by participants in the event. If you have any questions, please contact the online customer service for consultation.
Risk Advisory:
Trading digital currencies involves significant risks. We urge you to exercise caution while making purchases and be aware of the inherent trading risks. Please note that BIB EXCHANGE does not assume responsibility for any transaction-related behaviors, such as guarantees or compensations.
Thank you for your understanding and continuous support of BIB EXCHANGE!
BIB EXCHANGE
2023/08/31
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