On August 3, 2024, the cryptocurrency market experienced significant volatility, leading to substantial losses for numerous traders. Many users, particularly those with long positions, faced account liquidations that reduced their balances to zero.
In response to these challenging market conditions, we're launching an initiative to support the crypto community. Introducing the Bounce Back Bonus on ApeX Omni, a campaign designed to help all affected traders, regardless of which exchange they use or where they were liquidated!
With a prize pool of 20,000 USDT in trading bonuses, whether you're a seasoned trader or a newbie, this campaign offers an opportunity to boost your trading potential and turn recent challenges into future successes!
Let's explore the details.
How To Get Started
Bounce Back Bonus will run from July 30, 2024 to August 13, 2024 and is available to all users who experienced recent market setbacks, and look for opportunities to regain their footing and continue their trading journey. Should you need a roundup of the buzz in the crypto community on the latest market downturn, check our weekly market insights blog.
In order to get started, follow these simple steps:
Create an ApeX Omni Account: If you haven't already, sign up for an account on ApeX Omni.
For New Users: Signing up on Omni earns you a complimentary Welcome Box on ApeX Social, which unlocks crypto or real-world prizes, including bonuses, ApeX Social Points, Saga, Apple Vision Pro, and even a Lamborghini! For more details on getting started, visit our blog.
Provide Details of Liquidation
Next, open a ticket on the official ApeX Discord server and submit your ApeX Omni wallet address, liquidation screenshots, and your UID from the exchange from which your funds were liquidated.
Navigate to the #support-channel.
Click on "Bounce Back Bonus Request".
Go to your newly created ticket channel starting with #bbb-xxxx.
Post your wallet address, liquidation screenshots, and your UID from the exchange where your funds were liquidated.
Please note that liquidations that are eligible for fund transfers must have occurred between July 30, 2024 and August 13, 2024.
Make a Deposit on ApeX Omni: In order to qualify for a trading bonus, make a deposit on ApeX Omni. The more you deposit, the higher your bonus!
Don't forget that making a deposit on ApeX Omni also contributes to your trading score on our ongoing inaugural competition — Omni Showdown, which has a 2,750,000,000 KONG and 50,000 USDT prize pool up for grabs. For a refresher on Omni Showdown, visit our blog.
Reward Distribution and Prize Pool
Your rewards are based on your deposit amount on ApeX Omni. Here's a breakdown of the bonus tiers:
The more you deposit, the higher your bonus! Your deposit must remain on ApeX Omni for at least 7 days to receive the full bonus.
Do note that users who deposit funds need to ensure that the funds are kept on ApeX Omni for at least 7 days. Should you withdraw funds within 7 days, your net deposit amount will be reduced. Rewards will be issued based on the net deposit amount. The reward distribution period begins on August 15, 2024 and will be distributed sequentially and is expected to take 2 to 3 days to complete. Rewards will be distributed on a first-come, first-served basis, so act fast to secure your bonus.
Bounce Back Bonus demonstrates our commitment to supporting you during challenging market conditions. Don't miss this opportunity, make your deposit, and take advantage of this limited time offer to navigate the choppy market and rebuild your portfolio.
Your bounce back journey starts here!
Bounce Back Bonus is a deposit bonus campaign on ApeX Omni, that runs from July 30, 2024, at 330AM UTC to August 13, 2024, at 330AM UTC.
The campaign is designed to support traders affected by market volatility on August 3, 2024 and is open to all traders who experienced account liquidations on any exchange between July 30, 2024 and August 13, 2024.
The campaign offers a total prize pool of 20,000 USDT, awarded to the winning accounts as trading bonuses.
To qualify, participants must create an account on ApeX Omni, submit a ticket to the official ApeX Discord server ticketing system providing their ApeX Omni wallet address, liquidation screenshots, and the UID from the exchange from which the funds were liquidated, and make a deposit on ApeX Omni during the campaign period. Deposits must remain on ApeX Omni for at least 7 days for a participant to be eligible for rewards.
Rewards will be allocated on a first-come, first-served basis until the prize pool of 20,000 USDT is depleted.
Bonuses are calculated based on the deposit amount as demonstrated via the table in the blog post and will be credited to participants' ApeX Omni accounts between August 15, 2024 and August 16, 2024.
Bonuses are non-withdrawable and can be used as a trading margin to offset trading losses and fees for trading any available perpetual contracts on ApeX Omni. 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.
In the event of a delay due to technical issues, rewards will be redistributed within 30 days following the event's conclusion.
There are no restrictions on the number of participants who can join the competition.
Market makers are excluded from this event.
The ApeX team reserves the right to modify these terms and conditions at its discretion, and holds the final interpretation rights for this event. For inquiries, contact us via the ApeX official Discord server.
Participation in botting, cheating, or submitting duplicate entries will result in disqualification. Multiple accounts originating from the same IP address or device are prohibited from participating in the campaign.