ALGO Promotion: Win Attractive Rewards in ALGO & Earn Up to 50% APY

Dear Valued Users,

Multiple promotions for ALGO will kick off today where you can win your share of the massive rewards in ALGO tokens and enjoy up to 50% APY with Huobi Earn!

I. New User Exclusive: 25,000 USDT in ALGO Tokens to be Won!

Period: 10:00 am, Sep 15- 10:00 am, Sep 22 (UTC)  

Rules:  

All new users will be eligible to divide the total prize pool of 25,000 USDT in ALGO by completing the following tasks:

New users can also get up to a $170 Welcome Bonus by completing tasks listed; click HEREto earn more!

Please Note:

  • All rewards will be distributed within seven working days after the event ends.  
  • Due to local compliance policies, users from the following countries or regions will not be able to participate in this event: Japan, Cuba, Iran, Mainland China, Hong Kong (China), Macau (China), North Korea, Sudan, Syria, the United States and its overseas territories (American Samoa, Guam, Northern Mariana Islands, Puerto Rico and the United States Virgin Islands), Canada, and Singapore. 
  • Trading volume counts both buys and sells (excluding wash trades) across all available trading pairs (excluding USDT/HUSD, PAX/HUSD, USDC/HUSD, TUSD/HUSD, and DAI/HUSD). 

 

II. Deposit ALGO to Win Your Share of 25,000 ALGO

Period: 12:00 on Sep 15 - 12:00 on Sep 22 (UTC)

Rules:

Users who deposit ALGO tokens to the Huobi platform are eligible for sharing the 25,000 ALGO prize pool according to their net deposit volumes.

  • Net deposit volumes = Deposit volumes - Withdrawal volumes 
  • Users with negative net deposits are ineligible to get rewards.

Reward Calculation: 

  • Individual Net Deposit Percentage = Individual Net Deposit Volume/ Total Net Deposit Volume from all eligible users*100%
  • Individual Rewards = Individual Net Deposit Percentage * 25,000

Please Note:

  • The individual reward is limited to a maximum of 500 ALGO.
  • The deposit & withdrawal volume of sub-accounts will all be credited to that of parent accounts.
  • Rewards will be sent to users’ Exchange accounts within seven working days after the event ends.

 

III. ALGO Trading Campaign: 12,500 ALGO up for Grabs!

Period: 12:00 on Sep 15 - 12:00 on Sep 22 (UTC)

Rules:

  • Users with minimum spot trading volumes of 100 ALGO (buys and sells, excluding wash trades) during the campaign are eligible for sharing 12,500 ALGO tokens.
  • The individual reward is limited to a maximum of 500 ALGO.
  • The trading volumes of the sub-account will all be credited to that of the parent account. 
  • Rewards will be sent to the user's exchange account within seven days after the campaign ends.
  • Market makers are not allowed to participate in this campaign.
  • Users are required to complete the ID verification process before this campaign ends. Otherwise, they will be disqualified for any rewards.

 

IV: Deposit ALGO with Huobi Earn to Enjoy 50% APY 

Launch Time: 12:00, Sep 23 (UTC)

End Time: 12:00, Sep 27 (UTC)

Click to earn: https://www.huobi.com/en-us/financial/earnings

Token

Deposit Period

Est.APY

Max. Individual

 Deposit Limit

Max Deposit Limit

in Total

ALGO

5 days (early termination

 is not allowed)

50%

500

1,000,000

Tokens earned in the event will be distributed in the same type of tokens deposited.

Rewards and the deposited tokens will be unlocked and sent to participants’ Exchange accounts one day after the deposit period ends.

Huobi Global has enabled the ALGO chain-based deposits & withdrawals for USDT. Deposit now to win a share of 25,000 ALGO, and enjoy ZERO withdrawal fees>>>

 

Huobi Global

Sep 15, 2021

 

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Huobi Global reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Reminder text here.