Phemex, a leading trading platform, has unveiled its latest PT Airdrop Tsunami event, offering traders an opportunity to win PT tokens. The event, spanning from October 31 to November 19, 2023 (UTC), presents participants with a chance to engage in various missions to earn PT tokens from a pool of 1 million PT, distributed on a first-come, first-served basis.
Phemex is a cryptocurrency trading platform known for its user-friendly interface and a wide array of trading options. Launched in 2019, Phemex quickly gained attention in the cryptocurrency market due to its emphasis on providing a fast, secure, and efficient trading experience. Read more in our complete Phemex exchange.
Traders are encouraged to complete specified missions within the allocated timeline to earn points corresponding to PT token rewards. Notably, the trading volume generated with bonuses and vouchers will not factor into the calculation. Additionally, USDT deposits made through specific channels will be considered for reward allocation.
To ensure fair distribution, Phemex will conduct verifications at key periods. Firstly, between October 31 and November 19, 2023, the net deposit amount will be verified based on the difference between cumulative USDT deposits and the total withdrawal amount multiplied by the token price. Additionally, from November 19 to November 22, 2023 (UTC), three snapshots of participants' Assets Under Management (AUM) will be taken randomly. Participants will qualify for PT airdrops if the average AUM from these snapshots amounts to no less than $50.
It's crucial for participants to meet the verification criteria at the stipulated times to receive the PT token rewards. Phemex plans to distribute the prizes before November 30, 2023, with a 100% distribution and no vesting period for the allocated tokens.
Traders keen on participating in this event are advised to review the outlined rules and timelines provided by Phemex for a chance to benefit from this giveaway opportunity.