Huobi Global’s announcement about Market Makers Divide Up to 400,000 USDT Bonus Pool Plan.
400,000 USDT Giveaway by Huobi
In order to reward the market makers on the platform, Huobi Global will launch the activity of ” market makers sharing up to 400,000 USDT bonus pool plan ” in February.
The rules of the activity are as follows:
The promotion runs from February 1 , 2022 00:00 (GMT+8) to February 28 , 2022 24:00 (GMT +8).
Reward objects: All spot market makers and contract market makers on Huobi Global.
This event will set up a bonus pool for spot market makers and a bonus pool for contract market makers. The total bonus is 200,000 USDT, and the total amount of the event is as high as 400,000 USDT.
Starting from February 1st, every 7 days is set as a sharing cycle (4 phases in total ), and the initial bonus pool amount for each phase of spot and contract is 50,000 USDT respectively ( if there are unfinished bonuses in the previous phase, then automatically rolled into the next prize pool). Bonuses will be calculated and distributed on the first trading day after the end of each period.
All spot market makers are eligible to participate in the spot market maker bonus pool with a total bonus of 200,000 USDT. Each spot market maker will divide the bonus according to the ratio of the actual spot Maker trading volume in the current period to the actual spot Maker trading volume of all spot market makers in the current period.
All contract market makers (including USDT- based perpetual, USDT- based delivery, coin-based perpetual and coin-based delivery) are eligible to participate in the contract market maker bonus pool with a total bonus of 200,000 USDT. Each contract market maker will divide the bonus according to the ratio of the actual Maker trading volume of the current contract to the actual contract Maker trading volume of all contract market makers in the current period.
In each cycle, the upper limit of the bonus that a single user can get in the spot or contract market maker bonus pool is 10,000 USDT respectively (the maximum can be 40,000 USDT in the current month ). If a market maker trades in spot and futures at the same time, it will receive a maximum bonus of 80,000 USDT for the month. If there is any undivided bonus, it will be automatically rolled into the next spot or contract market maker bonus pool.
Go to Huobi’s Official Website
Please check Huobi official website or contact the customer support with regard to the latest information and more accurate details.
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(Forex Broker)
Comment by Hans
April 24, 2024
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