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Notice of updating October API Trading Campaign

HashKey Team
  • Updated
Dear HashKey Exchange Clients.
 
We are thrilled to announce the commencement of our October API Trading Campaign, featuring newly optimized winning rules!
 
Discover the New Reward Rules:
1. Amendment in the cumulative trading volume requirements for different Reward Tiers.
2. Added a new limit for calculation of USDT/USDC trading volume (up to 2 million USD equivalent volume)
 

S Tier

- API trading clients rank in the top 20% in terms of trading volume among all API traders each month.
- API trading clients have a 30-day trading volume greater than 20M USD.
- Monthly HSK rewards of 100K
 

A Tier

- API trading clients rank between 20% and 50% in terms of trading volume among all API traders each month.
- API trading clients have a 30-day trading volume greater than 5M USD.
- Monthly HSK rewards of 40K

Campaign Rules
  1. API Volume Ranking and 30-Day Transaction Volume are subject to both conditions being met.
  2. The event considers only the valid API trading volume of API traders (excluding related transactions). A trading volume calculation limit of 2 million USD will be imposed for USDT/USDC transactions. The platform reserves the right to disqualify and recover issued rewards in case of any detected cheating.
  3. Calculations are carried out once per natural month (UTC+8). Starting from 00:00:00 on the first day of a natural month to 00:00:00 on the first day of the following natural month (UTC+8).
  4. The calculation of the first month API trading campaign starts from the launch date and ends on the 1st day of the following month.
  5. HSK rewards will be unlocked in batches after the HSK is launched, with 30% unlocked in the same month, and 10% unlocked in the following months, until all of the rewards have been unlocked. For example, if a client obtains 100,000 HSK, 30,000 HSK will be unlocked in the same month and 10,000 HSK will be unlocked every month thereafter.
  6. The trading volume of the API campaign is settled based on the end-of-day price of the same day. The HSK reward will be distributed after the end of each calendar month.
  7. HashKey Exchange will adjust the reward conditions for each month within a reasonable range according to the market situation. Stay tuned for our announcements as the reward conditions will be announced on a monthly basis.
  8. In the event that the HSK fails to go live as expected due to uncontrollable factors, the distribution will be delayed or canceled. In case of special circumstances, corresponding plans will be made subsequently.
  9. The maximum number of HSK acquired by a single client during the campaign period is 300,000.
  10. Please stay tuned to HashKey Exchange announcements. The final explanation right belongs to HashKey Exchange.

Should you encounter any uncertainties or inquiries during the event, kindly contact us at: api@hashkey.com

 
HashKey Exchange
 
Risk Warning About HSK: Please be aware that HSK is now listed on HashKey Exchange and available for trading for professional investors (PI) only. While HSK is also available for trading on several other exchanges, it remains subject to various trading restrictions in accordance with applicable laws and regulations in different jurisdictions. There is also no guarantee of the continued listing status of HSK on any exchange. The trading of HSK may be suspended and HSK may be delisted due to reasons beyond HashKey Exchange and its affiliates’ control. The value of HSK remains subject to substantial risk and may diminish or fluctuate significantly in response to various market conditions and other factors beyond HashKey Exchange and its affiliates’ control. HashKey Exchange and its affiliates make no warranties, express or implied, in relation to HSK or any rewards and disclaim any liability relating thereto.
 
Regulatory Disclaimer: The HSK token is designed as a utility token for functional use within the ecosystem described in its whitepaper. It is not intended to constitute securities or any other regulated products under the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong), nor has it been reviewed, approved, or authorized by the Securities and Futures Commission of Hong Kong.

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