With a steady pace, SwapAll has come to its first birthday.
While SwapAll welcomed the 2.0 Gaia Version, it also prepared a series of events for its loyal users who have always shown support. The event reward will gradually level up, and there will be no limit on the prize!
The following is a detailed introduction to the first wave of SwapAll’s first birthday event, everyone is welcome to participate!
Event Schedule：
Monday, October 4, 2021, at 20:30 EDT — Wednesday, October 6, 2021, at 20:30 EDT
Event Rules：
During the 3-day period of this event, users’ wallet balance (calculated in USDT) of the BTC spot account in the SwapAll APP will be recorded through daily snapshots. The snapshot takes place at 1:00 pm EDT daily — the first snapshot will be taken on Tuesday afternoon EDT.
SwapAll will automatically calculate the daily average holdings of the user’s spot account, then calculate and issue USDT rewards based on the result at the end of the event.
During this period, the higher the wallet balance, the more USDT rewards you will get!
Event Rewards：
Total Rewarding Amount： 50,000 USDT
Balance Reward:：40,000 USDT
SwapAll Lucky Draw： 10,000 USDT
Individual Balance Reward Cap： 150 USDT
Individual Lucky Draw Cap： 350 USDT
We will first calculate the amount of USDT won by the user based on the result of the SwapAll lucky draw, and then calculate the amount of USDT earned by the user based on the average daily wallet balance of the user’s account during the 3 days of the event.
The amount of USDT you get from the reward distribution = {your average daily wallet balance during the event / average daily wallet balance of all participants during the event} * the total amount of USDT used for the reward distribution + the extra prize from the lucky draw.
e.g.,
• Total 3-day average daily wallet balance of all participants: $1,000,000
• Jack’s 3-day average daily wallet balance: $1,000
Jack will receive 400 USDT = [(10,000/1,000,000) * 40,000]
And there is more! Jack will also receive 1,000 lottery tickets. If he is lucky, he will be rewarded 350 USDT if he is drawn. Within one week after the event, the reward will be directly credited to Jack’s wallet in SwapAll APP!
In terms of the lucky draw, users who hold an average daily account balance of at least 200 USDT worth of BTC for 3 days will be given lottery tickets. Each dollar is equivalent to one lottery ticket. The more the balance, the more lottery tickets, the greater the chance of winning. The system will conduct a random draw to distribute the rewards to the user’s account. We will conduct the draw after the event ends, and the transfer will be completed within 7 working days, and each user can receive a maximum of 350 USDT.
Reward Distribution：
The reward will be distributed to the winning user’s wallet in SwapAll APP within one week after the event ends. Please log in check at that time.
Declaration:
The BTC Balance Reward is only open to users of the SwapAll APP.
Due to user privacy, the ranking will not be announced or showed.
SwapAll reserves the right to modify the terms of this event without prior notice.
SwapAll reserves the right to the final interpretation of this event. If you have any questions, please contact our customer service team.
The recent policies have caused the currency price to decrease by a lot. It is better to deposit your idle BTC in the SwapAll exchange, which not only guarantees the absolute security of your assets but also allows you to earn rewards. Time is limited, don’t miss it. Follow SwapAll from the first step, and welcome more surprises!
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