ETH 2.0 Celebration: Huobi Global's ETH Team Challenge Kicks Off on Aug 16

DearValuedUsers,

TocelebratetheupcomingETH2.0,HuobiGlobalwillbeholdingtheETHTeamChallengefromAugust16.Joinnowtohittheleaderboardandfightforthehugeprizepool!

Go>>>

Eventperiod:

Team-upperiod:Aug16,202212:00-Aug19,202212:00(UTC)

Tradingperiod:Aug19,202212:00-Aug29,202212:00(UTC)

Team-uprules:

Theeventisseparatedintotwoperiods:team-upandtrading.Duringtheteam-upperiod,participantsmaycreateateamasateamleaderorjoinateam.Duringthetradingperiod,newparticipantsmayrisetobeteamleadersorjoinateamatanytime.Participantswhohavejoinedateammaynotjoinanotherteam.Duringtheevent,onlyETHtradesareeligibleforthetradingvolumeranking.UserswhotradetokensotherthanETHwillnothavetheirtradingvolumecalculatedandarenoteligibletoberanked.TheETHtradingvolumeofeachparticipantiscalculatedduringtheevent'stradingperiod.Thetradingvolumegeneratedbeforethetradingperiodwillnotbecalculated.Thetradingvolumegeneratedbeforejoiningateamwillnotbecountedtowardstheteam'stradingvolume.Ateammayconsistofamaximumof10peopleandaminimumof1person.ParticipantswhoseETHtradingvolumeis>2,000USDTduringtheevent(incl.theteam-upperiodandthetradingperiod)areeligibletoformateamasteamleaders.Therearenorestrictionsonjoiningateam.?

Rewardallocation:

DailyprizepoolfortheDailyLeaderboard=SpottradingfeesgeneratedbyallparticipantsinETHtradingpairsonthatday*prizepoolweight*70%PrizepoolfortheOverallLeaderboard=Σ(SpottradingfeesgeneratedbyallparticipantsinETHtradingpairseachday*prizepoolweight*30%)CurrentdayETHtradingvolume(USDT)

Prizepoolweight

≤200,000,000

100%

>200,000,000

120%

>300,000,000

130%

>400,000,000

140%

>500,000,000

150%

AllocationoftheDailyLeaderboardprizepool:Ranking

Reward

1

Dailyprizepool*40%

2

Dailyprizepool*30%

3

Dailyprizepool*20%

4

Dailyprizepool*5%

5

Dailyprizepool*2.5%

6

Dailyprizepool*1.5%

7

Dailyprizepool*1%

AllocationoftheOverallLeaderboardprizepoolRanking

Reward

1

Overallleaderboardprizepool*50%

2

Overallleaderboardprizepool*30%

3

Overallleaderboardprizepool*10%

4

Overallleaderboardprizepool*4%

5

Overallleaderboardprizepool*3%

6

Overallleaderboardprizepool*2%

7

Overallleaderboardprizepool*1%

Theteamranked1stontheOverallLeaderboardwillbegivenanextrarewardof7ETH,whichwillbeequallydistributedamongallteammembers.Withinthewinningteam,theteamleaderwillbegivenafixed30%shareoftheteamreward,andallmemberswillshare70%oftheteamrewardinproportiontotheirtradingvolumes.?

Rankingrules:

TheparticipatingteamsarerankedbasedontheirtotalETHspottradingvolumes.Thehigherthevolume,thehighertheranking.TheTop7teamsintermsofthedailytradingvolumeareeligibletosharetheprizepoolfortheDailyLeaderboard.TheDailyLeaderboardwillbepublishedintheformofanannouncement.?TheTop7teamsintermsoftheiroveralltradingvolumeareeligibletosharetheprizepoolfortheOverallLeaderboard.TheOverallLeaderboardwillbefeatured.Rewardsforthewinningteamswillbecreditedtothemembers'spotaccountwithin10workingdaysaftertheendoftheevent.?

Terms&Conditions:

●Marketmakersarenoteligibletoparticipateinthisevent.

●Tradingvolumesofsub-accountswillbecountedtowardsthatofthemainaccount.

●Spottradingvolumeswhosetradingfeeshavebeenoffsetbypointcardsorcashbackvoucherswillnotbeincludedinvolumecalculationforthecontest.

●Onlytradesperformedduringtheeventperiodwillqualifyforthevolumeranking.

●Washtradingisnotcountedinthetradingvolume.

●Tocomplywithlocalregulatorypolicies,thetradingserviceisnotavailableinthefollowingcountriesorregions:Venezuela,Syria,Sudan,NorthKorea,Iran,Cuba,Japan,Canada,USA,MainlandChina,Singapore,Spain,Malaysia,Netherlands,NewZealand,Indonesia,Russia,RepublicofCrimea,HongKongSAR(futurestrading),andUK(futurestradingbyretailtraders).

●HuobiGlobalreservestherighttodisqualifyanyparticipantwhoshowsanysignoffraudulentbehavior.

Disclaimer:

ThecontentofthisannouncementandotherinformationonHuobiGlobaldoesnotconstituteinvestmentadvice.Huobiisnotliableforanydirectorindirectlossesarisingfromrelianceonsuchinformation.Huobidoesnotassumeresponsibilityforguarantees,compensation,etc.fortradingorstaking.

HuobiGlobal

Aug16,2022

TradeonthegowithHuobiGlobalApp(iOS/Android)

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HuobiGlobalreservestherightinitssolediscretiontoamendorchangeorcancelthisannouncementatanytimeandforanyreasonswithoutpriornotice.TheaboveisforinformationpurposesonlyandHuobiGlobalmakesnorecommendationsorguaranteesinrespectofanydigitalasset,product,orpromotiononHuobiGlobal.Pricesofdigitalassetsarehighlyvolatileandtradingdigitalassetsinvolvesrisk.Pleasereadour?RiskReminder?texthere.

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