I. Introduction to the Spot Trading Airdrop

The Trading Airdrop event is held periodically to thank both new and existing users for their support of Spot Trading. This event rewards participants with token airdrops based on their cumulative Spot trading volume and trading fees contribution during the specified period.

II. How to access the Spot Trading Airdrop?

Entry portal: "Trading Airdrop" label on the upper right corner of the Spot Trading page.
Note: Please upgrade to app version 4.14.0 or above to access this feature.

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Image 1: Web entry portal
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Image 2: App entry portal



III. What do the 3 different states of the entry portal represent?

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Black Diamond: No ongoing event Blue Diamond: There is an ongoing event.

Animated Multicolor Diamond: You have an airdrop to claim.



IV. How to participate in the Spot Trading Airdrop event

There are three phases in the Spot Trading Airdrop event: Trading Phase, Airdrop Phase and Archiving Phase.

1. Trading Phase: All users can participate without the need to register for the event. Simply trade Spot during the event and the system will automatically record your trading volume. You can view your current trading volume on the Trading Airdrop event page.
2. Airdrop Phase: BingX will announce the airdrop rewards for the specific period and issue them within 24 hours. After the distribution, visit the event page to claim your airdrops.
3. Archiving Phase: Any airdrops left unclaimed for 3 days after the event will automatically be transferred to the users' Fund Account. The event will subsequently be archived under past events.


5. FAQs
Q: When is the event?
A: The event is held periodically, and each session runs for 7 days.

Q: What is the token being distributed in the airdrop?
A: The specific token rewards will be announced at the end of the event. We appreciate your patience and understanding.

Q: How are the token rewards calculated? How do I claim them?
A: The final airdrop amount you are eligible to receive is determined based on various factors, such as your trading volume, trading fees, and others during the event. Since it cannot be estimated in advance, please wait patiently for the official reward announcement. Thereafter, you can view and claim your eligible airdrop amount on the event page. The tokens will be instantly transferred to your Fund Account after claiming. Even if you didn't claim it in time, don't worry. The system will automatically transfer it to your Fund Account 3 days after the event ends.

Q: Am I guaranteed a reward if I participate?
A: Currently, there are 2 scenarios where trades will not be included in the event's trading volume, and thus, no rewards will be given:
1. API trades; 2. Trades made by accounts under risk control or subaccounts.

Q: Are grid trades counted towards the trading volume?
A: Yes, trading volumes from both Spot Grid and Spot Infinity Grid trades are counted.

Q: Are there any trading pair restrictions? Which trading pairs are excluded from the event's trading volume calculation?
A: Currently, spot trading of all stablecoin pairs (where both the quote and base currencies are stablecoins) is not supported, such as USDC/USDT.

 

BingX Operation Team
2024-04-29
 
BingX Official Channels
BingX Website: https://bingx.com
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