To safeguard user interests and enhance trading confidence, MEXC is launching a limited-time Pre-Market Price Protection Event, providing comprehensive support for pre-market trading.
Event Period:
Jan 2, 2025, 10:00 – Jan 16, 2025, 10:00 (UTC)
Who Can Participate?
To be eligible for the event, users must:
- Have a total deposit of less than 100 USDT, including on-chain, fiat, and P2P deposits
- Have not made any pre-market trades on MEXC before the event start date
How to Participate
- Sign up for an account on MEXC.
- Deposit at least 100 USDT during the event period.
- Participate as a buyer in pre-market trading of any cryptocurrency.
How It Works
- If a loss occurs due to a price drop after the pre-market trading settlement, participants will receive an equivalent amount of USDT Futures bonus as compensation.
- The total coverage available through this event is 50,000 USDT in Futures bonuses, with a maximum of 100 USDT in Futures bonuses per user.
- Compensation will be distributed first according to the settlement time of pre-market trading projects, and then based on the buyer's actual loss amount, with larger losses receiving higher priority, on a first-come, first-served basis.
- Compensation will be distributed in the form of Futures bonuses within 10 calendar days after the event ends. Users can go to [Wallet] - [Event Rewards] - [Other] to check their compensation.
- The Futures bonuses are valid for 14 days from issuance.
- Calculation Formula:
- Settlement Price = Price at the moment of pre-market settlement
- Average Buy Price = Total Trade Amount / Total Trade Quantity
- Actual Loss Amount (Compensation Amount) = (Average Buy Price - Settlement Price) * Total Trade Quantity
- Example: Suppose a user has two buy orders in pre-market trading: one where they bought 20 A tokens at 2 USDT each, and another where they bought 30 A tokens at 1 USDT each. The average buy price can be calculated as follows: (20 * 2 + 30 * 1) / (20 + 30) = 1.4 USDT. After successful settlement, the user receives 50 A tokens. If the pre-market settlement price is 1 USDT, they will receive a compensation amount of (1.4 - 1) * (20 + 30) = 20 USDT.
Sounds good? Take advantage of this exclusive opportunity to trade with confidence and enjoy the protection you deserve!
Terms & Conditions
- This event is open to new users participating in pre-market trading on MEXC for the first time.
- For users engaging in pre-market trading across multiple cryptocurrencies, the compensation will only be calculated once and cannot be combined. The compensation amount will be based on the cryptocurrency with the earliest settlement.
- Only individual user accounts are eligible to participate. Market makers, API traders, and institutional accounts are excluded. Multiple participants from the same IP address will be considered invalid.
- Any malicious activities during the event, such as volume manipulation, bulk creation of fake accounts, self-buying and self-selling, or wash trading, will be thoroughly reviewed, and participants involved will be disqualified.
- MEXC reserves the right to make the final interpretation of the event’s terms and conditions.
