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    TON TradeFrenzy — Trade, Triumph, and Win a Share of 3,000 USDC!

    Oct 16, 2023

    2 min read

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    Hey there, crypto enthusiasts and trading aficionados! We've got some exciting news to share with you! If you have been keeping an eye on the growth of Telegram's Toncoin, you know it is one of the hottest tokens in the market today.

    ICYMI, let's do a quick dive into TON: TON is a decentralized internet platform comprising of TON Blockchain, TON DNS, TON Storage, and TON Sites. TON Blockchain serves as the fundamental underlying protocol that ties TON's infrastructure together, forming the broader TON Ecosystem. Toncoin is TON's native cryptocurrency, used for network operations, transactions, and in-network games and collectibles.

    🚀 As part of our ongoing mission to provide you with the trading pairs you love, we're thrilled to announce that as of October 16, 2023, the TON-USD trading pair is officially live on ApeX Pro with up to 15x leverage, providing you with some serious trading power!

    But we're not stopping there – we're kicking off the TON TradeFrenzy trading competition with a bang! Put your trading skills to the test and vie for your share of 3,000 USDC prize pool!

    TON TradeFrenzy

    Between October 16, 2023, 12:00 PM (noon) UTC and October 23, 2023, 11:59 AM UTC join us as we celebrate the arrival of the TON-USD trading pair on ApeX Pro and take your trading game to the next level. We've got an enticing prize pool of up to 3,000 USDC up for grabs. The more participants we have, the bigger the prize pool becomes:

    Whether you're a seasoned pro or just starting, all ApeX users are welcome to join the trading excitement.

    Here's how it works: During the campaign period, trade the TON-USD pair, aiming for the highest trading volume. If you rank among the top 15 traders by volume, you'll be eligible for a trading bonus.

    Winners will find their trading bonuses available on the Rewards page within 3 working days after the campaign ends, where they can claim them within 14 days after the reward issuance.

    So, what are you waiting for? It's time to rev up your trading engines and dive into the exhilarating world of TON-USD trading on ApeX Pro. Whether you're in it for the thrill, the bragging rights, or those juicy USDC prizes, this is an opportunity you won't want to miss.

    Let the TON TradeFrenzy begin! Happy trading, everyone!

    Terms and Conditions:

    1. The trading competition is open to all users.

    2. The campaign is available between October 16, 2023, 12:00 PM (noon) UTC and October 23, 2023, 11:59 AM UTC.

    3. Users must trade TON-USD trading pair on ApeX Pro during the campaign period to be eligible to participate in the TON TradeFrenzy trading competition and claim rewards.

    4. Participants must reach the highest trading volume during the campaign period and be ranked among the top 15 traders to be eligible for rewards. If two contestants have the same trading volume, the user with the higher Profit and Loss Percentage (P&L%) will take priority in the ranking.

    5. Trading volume is defined as buy volume + sell volume.

    6. The prize pool tiers will be unlocked based on the number of traders participating. Check the table above for more details. For example, with 55 traders participating in the competition, the prize pool will increase to 1,500 USDC. Once the number of traders trading the TON-USD trading pair exceeds 150, the 3,000 USDC prize pool will unlock.

    7. Tabulation of trading data from the competition will be completed within seven (3) working days after the event's end date.

    8. The trading competition rewards will be distributed as trading bonuses, that will become available on the Rewards Page after tabulation is completed and the winners of the campaign are announced.

      1. The collection of bonuses has a time limit. The winning addresses need to claim bonuses within fourteen (14) days after rewards are available for claiming on Rewards Page. Once the claim period ends, bonuses can not be claimed anymore.

      2. Once claimed, bonuses will typically be transferred to users' accounts within 5 minutes, depending on the speed of on-chain transfers.

      3. Bonuses can be used as a trading margin to offset trading losses and fees for trading any available perpetual contracts on ApeX Pro. Bonuses are non-withdrawable. While bonuses can not be withdrawn, profits gained from trading with the bonus can be withdrawn. If you initiate a withdrawal of funds from the account before the bonus is used, the unused portion of the bonus will be recalled.

    9. If reward distribution is delayed for any reason (e.g. due to technical issues), the rewards will be re-distributed within 30 days after the event's end date.

    10. Participants' trades recorded on ApeX Pro under the event will be strictly reviewed. Participants may be disqualified if any of the following trading behaviors are detected, including but not limited to batch registration of accounts, self-buying and selling, Sybil trading, and other cheating behaviors.

    11. Market makers can not participate in this event.

    12. The ApeX Protocol team reserves the right to change the terms & conditions of this event at their sole discretion.

    13. Engaging in botting activities, cheating, or submitting duplicate entries will lead to disqualification from this event.

    14. ApeX Pro reserves the right to the final interpretation of this event. If you have any questions, please contact us via the ApeX Pro Discord channel.

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