AnnouncementsEventsMagic Square (SQR) Buy/Deposit Competition

Magic Square (SQR) Buy/Deposit Competition

Published date: May 3, 2024 at 07:10 (UTC+0)

SQR Buy/Deposit Competition link

Event Duration: May 9, 2024 at 08:00 (UTC+0) - May 22, 2024 at 08:00 (UTC+0)

Prize Pool: 8,000 SQR

 Event eligibility requirement

A minimum of 100 PROB must be staked in order to be eligible for this event and staked PROB can’t be decreased during the competition duration.

Stake PROB: https://www.probit.com/stake/PROB
Staking guide: https://www.probit.com/hc/360039717011-How-to-Stake-PROB

 Buy/Deposit SQR, Earn SQR

The Top 20 participants with the highest net purchase and net deposit volume of SQR within the event duration will be rewarded with a total of 8,000 SQR in the following order:

1st Place: 496 SQR

2nd Place: 486 SQR

3rd Place: 476 SQR

4th Place: 466 SQR

5th Place: 456 SQR

6th Place: 446 SQR

7th Place: 436 SQR

8th Place: 426 SQR

9th Place: 416 SQR

10th Place: 406 SQR

11th Place: 396 SQR

12th Place: 386 SQR

13th Place: 376 SQR

14th Place: 366 SQR

15th Place: 356 SQR

16th Place: 346 SQR

17th Place: 336 SQR

18th Place: 326 SQR

19th Place: 316 SQR

20th Place: 286 SQR

 Earn lower trading fees by staking PROB

Staking PROB will unlock lower trading fees based on your membership level which is determined by how much you stake. Higher PROB staking amounts receive the lowest trading fees so stake your PROB to start enjoying the benefits.

 Terms and Conditions

  • A minimum of 100 PROB must be staked to join all Buy/Deposit competitions.
  • Users’ staked PROB can’t be decreased during the competition duration.
  • The net purchase of SQR volume is calculated by buying volume minus selling volume in the duration above.
  • The net deposit of SQR volume is calculated by deposit volume minus withdrawal volume in the duration above.
  • There may be differences between the leader board and the actual results due to periodically updated rankings.
  • In the case of a tie, the PROB holding amount will be used to determine the winner.
  • Rewards will be distributed to ProBit Global wallets within two weeks after the end of the Buy/Deposit Competition.
  • ProBit Global reserves the right to cancel or amend the event rules with sole discretion.
  • ProBit Global reserves the right for the final interpretation of the results of these events.