Qualification Criteria:
Monthly
To be eligible for rewards in the top 10 positions, traders must achieve a minimum trading volume of $1 million within a four-week period.
Traders aiming for positions 11-20 must meet a minimum trading volume requirement of $500k.
Traders vying for positions 21-50 must achieve a minimum trading volume of $250k.
Traders in positions 51-1,000 must reach a minimum trading volume of $25,000.
Failure to meet these volume requirements will result in disqualification from earning rewards.
Weekly
To be eligible for rewards in the top 10 positions, traders must achieve a minimum trading volume of $250k/week.
Traders aiming for positions 11-20 must meet a minimum trading volume requirement of $125k/week.
Traders vying for positions 21-50 must achieve a minimum trading volume of $62,500/week.
Traders in positions 51-1,000 must reach a minimum trading volume of $6250/week.
Failure to meet these volume requirements will result in disqualification from earning rewards.
Reward Distribution:
Rewards will be distributed based on the trader's ranking and compliance with the volume requirements.
The top 10 traders will receive fixed rewards as specified in the campaign details.
Traders in positions 11-50 will receive decreasing rewards based on their ranking, with higher rewards for higher positions.
Traders ranked 51-1,000 will be eligible for rewards based on their ranking and volume achieved.
The points earned from this campaign will be added to the points already earned through the regular points program. For example, if you secure rank 1, you will get OKTO points for the volume + an additional 40,000 points.
Disqualification:
Traders failing to meet the specified minimum trading volume requirements within the campaign period will not be eligible for rewards.
If a trader's trading volume does not meet the minimum requirement, the points rewards won't be credited to their account for this campaign.
Campaign Duration:
The campaign period will be clearly specified, indicating the start and end dates for traders to qualify for rewards.
Verification:
Traders' trading volumes will be verified based on the data available on the platform. Any discrepancies or disputes will be resolved by the platform's administration team, and their decision will be final.
Fraud Prevention and Verification:
To prevent fraudulent activities and ensure compliance with the terms of this Quest, Okto may require participants to undergo additional verification processes. Failure to comply with these verification requests may result in disqualification from the Quest and forfeiture of any rewards.
Dispute Resolution:
In the event of a dispute arising in relation to the REKT NOMORE drop, the decision of Okto shall be final and binding. Participants agree to submit to the exclusive discretion of Okto for the resolution of any such disputes.
Official Communication:
All official communications regarding the Quest will be conducted through Okto’s official channels. Participants are advised to rely solely on information received through these channels for updates and instructions pertaining to the Quest.
Amendment of Terms:
Okto reserves the unilateral right to amend, alter, or otherwise modify the terms and conditions of the REKT NOMORE drop at any time without prior notice. Participants agree to be bound by any such amendments as a condition of continued participation in the REKT NOMORE drop.
Compliance:
By participating in the campaign, traders agree to abide by the terms and conditions outlined herein and comply with all applicable laws and regulations.
Acceptance of Terms:
Participation in the REKT NOMORE drop constitutes the participant's full and unconditional agreement to these terms and conditions. By participating in the Quest, participants warrant that they meet the eligibility criteria and agree to abide by all terms and conditions as stipulated herein.