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Notice for December API Trading Campaign

HashKey Team
  • Updated
Dear HashKey Exchange Clients,
 
The API trading campaign for November will end on November 30th at 23:59:59 (UTC+8). Reward distribution and announcement will be sent out after confirmation of final campaign result.
 
Important note for all API campaign participants:
 
Valid Trades: This campaign will only calculate trades that comply with the established rules. Any attempt to manipulate trade outcomes through abnormal means will be considered invalid and may lead to your disqualification from the campaign.
 
Risk Control Review: All trading data will undergo strict review from our Risk Team. Only valid transaction data will be considered for reward distribution.
 
New changes to reward requirements for December:
1. Adjustment of rewards value for each reward tier
2. Adjustment of trading volume conditions for all reward tier
3. Adjustment of calculation limit of USDT/USDC trading volume
4. Adjustment of trading volume ranking requirement for all reward tier
 
Tier December trading volume Calculation limit on USDT/USDC trading volume Prize Pool (Equal Distribution)
S Greater than 20M USD 200K USD 900000 HSK
A Between 20M and 5M USD 100K USD 500000 HSK
B Between 5M and 1MUSD 50K USD 150000 HSK


                                                                         Campaign Rules
  1. Meet API transaction volume requirements to get corresponding reward.
  2. The campaign only records the valid API transaction volume of API clients (excluding invalid transactions). The platform will have the right to disqualify any cheating behavior and withdraw the issued rewards.
  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.
  11. HashKey Exchange maintains the discretion to determine whether any and all trades qualify under the API Trading Campaign, taking into account all applicable rules, regulations and internal controls, and the right to reasonably request further information from clients for verification purposes.
 
 
For more information about the API trading campaign, please contact us at: api@hashkey.com
 
HashKey Exchange
 
 
 
Disclaimer: HashKey Exchange maintains the discretion to determine whether any and all trades qualify under the API Trading Campaign, taking into account all applicable rules, regulations and internal controls, and the right to reasonably request further information from clients for verification purposes.
 

RISK WARNING ABOUT HSK

Please be aware that HSK is not currently listed on any exchange and there is no guarantee
that it will be listed in the future. As a result, HSK presently has no established market value.
The timeline for the potential listing of HSK remains uncertain. In the event that HSK is
successfully listed, it may be subject to various trading restrictions in accordance with
applicable regulations and laws. These restrictions may include, but are not limited to,
limiting the trading of HSK solely to individuals or entities classified as "Professional
Investors" as defined under the Securities and Futures Ordinance (SFO) of Hong Kong. The
value of HSK is subject to substantial risk and may diminish or fluctuate significantly in
response to various market conditions and other factors beyond HashKey's control. HashKey
makes no warranties, express or implied, in relation to HSK or any Rewards and disclaims
any liability relating thereto.

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