Overview of the ULTI Promotion
The Ultiverse ULTI Trade and Earn campaign on OKX offers a structured opportunity for traders to earn rewards by engaging with the ULTI token. This initiative is tailored for both new and existing users, providing clear pathways to participate and benefit from allocated prize pools.
Participation requires adherence to specific timelines and eligibility criteria. The campaign period runs from November 29, 2024, at 10:00 AM UTC to December 6, 2024, at 11:59 PM UTC. All participants must be fully KYC-verified and reside in non-restricted jurisdictions.
To join, users need to click "Join Now" on the campaign landing page, complete the necessary tasks within the promotion window, and ensure their KYC status is verified. New users, defined as those who haven’t executed a first-time trade (FTT) before enrollment, receive exclusive bonus opportunities.
Campaign Rewards Structure
Event for All Users
All eligible participants who deposit at least 100 USDT (or equivalent in other assets) and achieve a cumulative trading volume of 200 USDT or more in ULTI tokens can receive 500 ULTI. This reward is drawn from a total prize pool of 5,000,000 ULTI, distributed on a first-come, first-served basis.
Bonus for New Users
New users meeting the same deposit and trading volume criteria are eligible for an additional 200 ULTI reward. This bonus is sourced from a separate pool of 2,000,000 ULTI and is stackable with the all-users event reward, maximizing potential earnings for newcomers.
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Participation Requirements
Deposit Rules
To qualify, users must maintain a net deposit of at least 100 USDT in any cryptocurrency from the time of deposit until the campaign concludes. Eligible deposit methods include:
- External wallet transfers
- Direct purchases and on-chain deposits via the OKX Wallet
- Fiat gateway purchases using credit cards or P2P transactions through P2P Express or P2P Marketplace
Internal transfers and P2P transactions completed via share links or QR codes are not considered valid deposits. The value of deposited assets is calculated based on market rates at the time of transaction.
Trading Volume Criteria
Eligible trading volume is accumulated from both Spot and Derivatives trading during the promotion period. It is important to note that Pre-market Futures trading volume does not count toward the required threshold. All trading activity must occur within the specified campaign dates to be valid.
Reward Distribution and Key Considerations
Rewards will be distributed within thirty working days after the campaign ends on December 6, 2024. Participants must maintain the minimum 100 USDT asset balance in their accounts until the promotion’s conclusion to remain eligible.
OKX monitors all campaign-related activity to prevent fraudulent behavior, such as creating multiple accounts, wash trading, or providing false KYC information. The platform reserves the right to disqualify any user engaging in such activities.
The value of digital assets like ULTI is subject to market fluctuations. Therefore, the fiat value of rewards may change between the distribution date and the time of withdrawal. OKX also retains the discretion to convert rewards into platform vouchers or USDT of equivalent value under certain circumstances, such as regional restrictions.
All tax obligations and associated fees related to reward acquisition and use are the sole responsibility of the recipient.
Frequently Asked Questions
How do I know if I am eligible for the new user bonus?
The new user bonus is exclusively for accounts that had not executed any first-time trade (FTT) on OKX before enrolling in this specific campaign. You can check your eligibility and KYC status directly in your account settings on the platform.
What happens if the prize pool runs out before I complete the tasks?
Rewards are distributed on a first-come, first-served basis from the finite prize pools. This means that users who complete the deposit and trading volume requirements earlier in the promotion period have a higher chance of receiving the rewards before the pools are depleted.
Can I use sub-accounts to participate in this campaign?
No, participation is restricted to main accounts only. Transactions and deposits made through sub-accounts will not be counted toward the campaign’s requirements, and sub-accounts are ineligible to receive any rewards.
Are there any geographic restrictions for this campaign?
Yes, the promotion is not available to users in certain jurisdictions due to local laws and regulations. The specific restricted regions are detailed in Clause 2.2 of OKX's Terms of Service, which you should review to confirm your eligibility.
What types of trading contribute to the required volume?
Eligible trading volume includes transactions made on both the Spot and Derivatives markets. However, volume from Pre-market Futures trading is explicitly excluded from the accumulation total for this campaign.
What is the minimum amount I need to keep in my account?
You must maintain a net asset value of at least 100 USDT in your account from the time of your initial qualifying deposit until the very end of the promotion period on December 6, 2024, at 11:59 PM UTC.