To celebrate the new launch of SOMM on the BIT spot market, we will launch a limited-time campaign to give away a SOMM prize pool of $10,000 to qualified BIT users!
Learn more about SOMM (SOMM): https://www.sommelier.finance/
Campaign Period: 00:00:00 on May 19, 2023 to 23:59:59 on June 1, 2023 (UTC)
Activity 1: Register and Follow To Earn a Share of $2,000 SOMM!
During the campaign period, users who meet the following requirements will be considered as qualified users:
- Newly registered BIT users who registered during the campaign period, or successfully invited at least 1 new user via your BIT Referral Code;
- Follow BIT's one of social media: Twitter, Instagram, Telegram;
- Pass KYC 2.
We will randomly select 100 lucky qualified users to win an equal share of $2,000 SOMM. Also, the top 5 referral leaders will enjoy a reward of $300 / $200 / $150 / $100 / $50 SOMM in proportion to their ranking!
Activity 2: Deposit SOMM on BIT To Win a Share of $4,000 SOMM!
During the campaign period, users who have a net deposit amount (deposits - withdrawals) of at least $500 SOMM on BIT will be qualified to win a share of $4,000 SOMM in proportion to their total net deposit amount.
Activity 3: SOMM Trading Competition, Trade To Win a Share of $4,000 SOMM!
During the campaign period, the top 50 accounts with the highest SOMM trading volume (buys + sells) on BIT will be qualified to win a share of a SOMM prize pool of $4,000 SOMM!
The rewards will be distributed as follows:
| Ranking | Rewards |
| 🥇Top 1 | $1,400 SOMM |
| 🥈Top 2 | $800 SOMM |
| 🥉Top 3 | $300 SOMM |
| Top 4-10 | $100 SOMM each |
| Top 11-50 | $20 SOMM each |
Terms and conditions:
- Trading volume = buys + sells and is in USD value;
- Net deposit amount = deposits - withdrawals;
- The Sub-Accounts and Main Account will be treated as the same account when participating in the SOMM activity;
- The number of rewards will be calculated based on the average closing price of SOMM/USDT during the campaign period
- The final ranks will be updated within 5 working days of the campaign ends
- Rewards will be distributed within 10 working days of the campaign ends
- Users must pass KYC 2 to be eligible for the rewards.
- If any cheating behavior is detected during the campaign period, BIT is entitled to review and disqualify the rewards
- BIT reserves all rights to this campaign, including the right to make changes, interpretations, and terminations at any time and without prior notice.
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