Dear user,
Hello! The brand new trading mining activity of Huobi HTX is about to be officially launched, with a daily prize pool of 200,000 USDT, 24/7 rewards, the more you trade, the more rewards you get. One-click registration, one-click to enjoy BTC!
After completing the registration, go to the activity page to complete the registration, and you can also receive an additional 1-88 USDT contract trial fund airdrop (limited to 1 claim during the current period).
Registration link: https://www.htx.com.fj/zh-cn/v/register/double-invite/web/?invite_code=ymcx6223&inviter_id=11354800
The rewards for this activity are in $HTX tokens, which will provide unprecedented opportunities for asset growth for users. Additionally, during the activity period, all spot BTC/USDT trading pair fees and perpetual contract BTC/USDT trading pair fees generated by registered users will be used for $HTX repurchase to support the stable growth of $HTX value.
Activity Time:
Overall activity time: April 28, 2024, 20:00:00 – May 5, 2024, 19:59:59 (UTC+8)
The daily mining activity starts from T day 20:00 (UTC+8) and ends at T+1 day 19:59 (UTC+8).
The daily prize pool rewards will be equally divided into 24 time periods, with rewards updated on the hour.
Mining rewards will be calculated and updated at 12:00 on T+2 day (UTC+8), at which time users can claim $HTX mining rewards.
Participation Threshold:
Participants' Rocket Value must be ≥300 and successfully register on the activity page.
Check my Rocket Value now, and participate in the trading mining activity!
Activity Rules:
This period's trading mining specifies the spot trading pair: BTC/USDT
This period's trading mining specifies the perpetual contract trading pair: BTC/USDT
The maximum daily reward limit for spot trading mining per person is 3,000 USDT
The maximum daily reward limit for contract trading mining per person is 5,000 USDT
Each user has a daily reward limit, and the rewards will not increase once the individual daily mining reward limit or the prize pool limit is reached during the activity.
Reward Calculation Rules:
The daily hourly prize pool rewards are first come, first served. The amount of $HTX rewards for mining will be calculated based on the user's actual generated fees, order type, and reward ratio.
$HTX reward amount = Actual generated fee equivalent in USDT * Order reward ratio / HTX price at T day 20:00 (UTC+8)
For example: If at the start of the trading mining activity at 20:00 on T day, the price of $HTX token is 0.000002 USDT, and the user generates 100 USDT in fees for the BTC/USDT trading pair from 20:00 on T day to 19:59 on T+1 day, and all are Taker orders. The fee generation occurs before the consumption of the current mining pool rewards and the user has not reached the individual reward limit.
Then the $HTX reward amount that the user can receive from the daily pool is: 100*105% / 0.000002 = 52,500,000
The reward will be updated and open for claim at 12:00 on T+2 day (UTC+8).
Order Reward Ratio and Mining Pool:
Trading Pair | Maker Order Reward Ratio | Taker Order Reward Ratio | Daily Pool/USDT | Daily Reward HTX Amount ---|---|---|---|--- Spot BTC/USDT | 110% | 105% | 100,000 | Calculated based on the HTX price at T day 20:00 (UTC+8) Perpetual Contract BTC/USDT | 110% | 105% | 100,000 | Calculated based on the HTX price at T day 20:00 (UTC+8)
The daily pool amount is a fixed value in USDT, and the activity will calculate the pool HTX quantity based on the HTX token price at the start of each daily mining period.
For example, if at 20:00 on T day when the trading mining activity starts, the price of $HTX token is 0.000002 USDT, and the daily pool is 100,000 USDT, then the total $HTX reward quantity for the daily pool is 50,000,000,000.
$HTX Repurchase Details:
During the activity, all fees generated by the BTC/USDT trading pair will be fully used for $HTX repurchase to support the stable growth of $HTX value. The $HTX obtained from the repurchase will be fully destroyed, and the destruction time will be announced along with the quarterly destruction.
For the purpose of repurchase data calculation, the daily fee statistics period is from 00:00 to 23:59 (UTC+8). After the activity starts at 20:00 on April 28, 2024, the first day's repurchase fee statistics period will be from 00:00 to 23:59 on April 29, 2024 (UTC+8), and the fees from April 29 will be used for $HTX repurchase and publicly disclosed on April 30, 2024. The activity ends at 19:59:59 on May 5, 2024 (UTC+8), so the last day's repurchase fee statistics period will be from 00:00 to 23:59 on May 5, 2024 (UTC+8), and the fees from May 5 will be used for repurchase and publicly disclosed on May 6, 2024.
After the activity starts, the daily repurchase data details will be subject to announcements.
View the details of the $HTX repurchase in the trading mining activity
Notes:
Sub-accounts do not participate separately in this activity, and the relevant data of sub-accounts will be included in the master account.
Market-making users and API orders are eligible for trading mining rewards.
Grid trading, copy trading, and dollar-cost averaging orders that meet the specified trading pairs for the activity are eligible to participate.
The contract trial funds for registration will be distributed within 48 hours after registration.
Users participating in the trading mining activity will receive a portion of the mining rewards from the fees, and it will not affect the commission rebates for other fees.
During the activity, if there are any malicious volume boosting, mass registration of small accounts, wash trading, or other cheating behaviors, Huobi HTX will strictly review and, depending on the severity, cancel their eligibility for rewards.
The final interpretation of this activity belongs to Huobi HTX.
Thank you for your support and trust. We look forward to your active participation!
Huobi HTX
April 28, 2024
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