Dear Users,

The Pharaohs (PHRZ) Trading Competition is now open and you can participate by trading PHRZ during the campaign period!

Activity Duration：

2025/02/14 12:00 PM- 02/21 12:00 PM（UTC）

Campaign one:

Exclusive for new registered users, collect 5,000,000 PHRZ bonus together!

Campaign rules:

1) During the campaign period, all newly registered users are eligible to receive 5,000,000 PHRZ jointly after Register for an account and completing a trading volume of not less than 5 USDT in PHRZ/USDT trading pair;

2)Reward amount = (your trading volume) / (sum of cumulative trading volume of the corresponding board) * (prize pool of the corresponding board).

Notes:

1)Trading volume= Buy + Sell;

2) KYC02 needs to be completed to receive the rewards of this campaign;

3) The rewards will be distributed to the winners' accounts within 10 workdays after the event;

4) AscendEX reserves the right to cancel the user's reward if there is any dishonest behaviour in the account (e.g. fraudulent trading, illegal bulk registration of accounts, knockout, market manipulation, etc.).

*The final interpretation of this activity belongs to AscendEX.

Campaign two:

Pharaohs (PHRZ) Trading Competition, Trade to Win 10,000,000 PHRZ！

Campaign Rules:

1) During the campaign period, users can trade in PHRZ/USDT trading pairs on the spot portion. The prize will be calculated based on the trading volume (Buy + Sell) as follows:

 2) The formula for calculating the 2nd - 10th place reward is:

Reward amount = (your trading volume) / (sum of cumulative trading volume of the corresponding board) * (prize pool of the corresponding board);

(3) The formula for calculating the Sunshine Award is:

Reward amount = (your trading volume) / (the sum of the cumulative trading volume of the corresponding board) * (the corresponding board pool).

Notes:

(1) In the case of the same amount of user transactions, the user who completes the cumulative transactions first will be given priority in the ranking；

2) KYC02 needs to be completed to receive the rewards of this campaign;

3) The rewards for each eligible user will be distributed in accordance with the Token Reward Rules, and the quantity will be determined based on the market price at the time AscendEX collects the reward tokens from the project;

4) The rewards will be deposited into the winners' spot accounts within 10 business days after the end of the campaign;

5) AscendEX reserves the right to disqualify the user from the reward if there is any dishonest behaviour in the account (e.g. fraudulent trading, illegal bulk registration of accounts, knockout, market manipulation, etc.).

*The final interpretation of this activity belongs to AscendEX.

Risk Warning:

The cryptocurrency market is volatile, please invest rationally and control the risk to avoid unnecessary property losses.

AscendEX Team

14th February 2025

Website: https://ascendex.com/

Twitter: https://twitter.com/AscendEX_

Telegram Group: https://t.me/AscendEXEnglish