On June 26 (UTC), HTX announced the launch of its "Earn with Pending Orders" event, offering users the opportunity to share a substantial prize pool of 25.7 billion $HTX. This initiative follows the platform's "Trade to Earn" event and aims to innovate the trading experience while enhancing user satisfaction. HTX's goal is to merge the enjoyment of trading and mining, providing secure and efficient services.
"Earn with Pending Orders": A New Trading Experience
The new event evaluates order book statuses within HTX's trading market. Periodic snapshots of pending orders for the specified trading pair will determine if users' order prices fall within a valid range around the current market prices. Rewards are then calculated based on the order amount each user has placed.
The event will run from 10:00 (UTC) on June 26, 2024, to 10:00 (UTC) on July 3, 2024, with BTC/USDT as the designated trading pair. The platform will take random snapshots of pending orders once per minute, recording their status. To qualify, pending orders must be limit orders with a minimum amount of 100 USDT, and their prices must not deviate by more than 0.5% from the latest executed price at the time of the snapshot.
For example, if the latest executed price for BTC/USDT is 60,000 USDT, the valid price range for pending orders would be between 59,700 USDT and 60,300 USDT. Orders placed within this range at the time of the snapshot will be eligible for rewards.
Mega Prize: Enjoy Nonstop Rewards in 24/7 Hours
The event features a total prize pool of 25,700,000,000 $HTX, with a daily prize pool of 3,675,569,713 $HTX and a per-minute prize pool of 2,552,478 $HTX. Users will share the per-minute prize pool proportionally based on their valid pending order amounts. However, an hourly reward cap of 85,763,293 $HTX per user is imposed. If a user's rewards or the prize pool limit is reached, no further rewards will be given for that period.
For instance, if the total amount of eligible pending orders in a specific minute is 1,000 USDT and User A has a pending order amounting to 100 USDT, User A's reward would be calculated as 2,552,478 $HTX * (100/1,000), resulting in a reward of 255,247.8 $HTX for that minute.
Putting Users First: Meeting Diverse Demands
HTX remains committed to delivering secure, diversified, and efficient trading services for digital assets. The platform has always prioritized user experience, continuously innovating to meet diverse user demands. Through events like "Earn with Pending Orders," HTX aims to drive the cryptocurrency industry's development, fostering growth and value creation for its users.
Event Details: https://www.htx.com.jm/support/en-us/detail/74973710050124
