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Press Release: Tuesday, December 01 2020, 11:30 CAT | Source: OKEx

OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has announced a platform-wide discount and rewards program with a total rewards pool that could be estimated in millions of dollars over time.

As a way of thanking customers for their loyalty, the Malta-based exchange is now launching a variety of campaigns, including the new Happy Friday giveaway with a staggering weekly distribution of 20% of its total income from futures and perpetual swap transaction fees to all users in BTC starting December. 4, 2020:

1.  A One-Time Payment

For users who have made deposits, held tokens, or traded during the period between October 16, 2020, and November 26, 2020.

OKEx will put 20% of its total income from futures and perpetual swap transaction fees over the last seven weeks into a special fund that will be distributed as a one-time payment to users based on their assets and transaction conditions.

For OKB holders, the value of their OKB (in USDT) will be doubled in the asset weight calculation process.

2.  Happy Friday Weekly Giveaways

Starting December 4, — and continuing every Friday thereafter — OKEx will be rewarding its loyal customer base by distributing 20% of its total income from futures and perpetual swap transaction fees to all users in BTC.

Both new and existing customers are eligible and can earn rewards in proportion to the ratio of their total effective assets and trading volume. Users who hold OKEx’s exchange ecosystem token, OKB, will get double the rewards — when calculating total effective assets, the value of OKB will be doubled when converted into USDT.

3.  Fee Refunds

For users whose assets exceeded 10,000 USDT before 4:00 pm UTC on November 23, OKEx will issue a commission rebate card valued between a minimum of 100 USDT and a maximum of 1,000 USDT, depending on the user’s net assets.

Fee rebates will not affect the payment calculation process for future Happy Friday events.

Bonuses and additional support for first-time crypto buyers.

New users buying their first $100 worth of crypto assets can also benefit from an extra $80 in bonuses, as well as support from educational community groups in Telegram and OKEx Academy.

Additional details, terms and conditions  can be found here

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This article is a Press Release received from OKEx. Global Crypto did not receive any form of compensation for its publication, and as this material is deemed newsworthy for the Southern African blockchain industry, it was thus published accordingly.