24 Nov 2021 · 2 min read

Catch Your Black Friday Deal: Giveaway Worth up to USD 50k

Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.

Crypto derivatives trading exchange Margex is bringing a special Black Friday deal to their user base: just register your account (if you haven’t already) and start trading, and you might receive a special prize from the exchange. Even if you don’t win anything during this promotional time period or miss it completely, simply making a deposit guarantees you will receive a 20% bonus to your balance. 

How Do I Level Up? 

Your eligibility for the prizes depends on the level you reach in the period between November 26th and 28th, which starts with Level 1: just signing up. This privacy-centric exchange does not have obligatory KYC checks, which means if you don’t have an account right now, creating one will take only a few minutes. If you’re an experienced Margex trader, you’re automatically on level one. 

To be eligible for rewards, you have to reach at least level 2, which means bumping your trading volume to USD 1,000 or more. All traders who are level 2 and above once the promo closes will receive a USD 50 trading bonus, valid for 14 days. But climbing up enters you into the pool for more valuable rewards. Level 3 is the rank given to traders who reach a volume of USD 10,000 or more, and 200 of traders this level or above will be chosen at random to receive a USD 100 bonus coupon. More levels are also detailed on Margex’ website for higher trading volumes. 

An important prize that will be available only to the luckiest high volume traders is the so-called Amnesty Loss: ten coupons will be given out that will let their recipients recover the losses on any position that they want, regardless of its size.  

What if I Don’t Win? 

While it is technically possible not to win any of the prizes we’ve listed above, Margex has made sure that everyone is a winner during this promotional period. All you have to do is deposit some funds to your account, and they will add an extra 20% of the amount to your balance. This bonus is the same regardless of your level and does not change; even if you don’t want to trade, don’t have the time, or simply are not able to reach the desired level, you will still receive a bonus from the exchange. 

To reach your desired level, be sure to trade between November 26th and 28th, until 23:59 UTC. The giveaway will take place on November 30th, at 20:00 UTC, on the official Margex channel. Mark your calendar in order to follow the livestream! The coupons will be added to winning users’ balances automatically, while those who receive Amnesty Losses will get an email with instructions as to how to use this prize.