How to Participate in the 10th Primelist (Primelist 2.0) and Take Advantage of the GameFi Craze!
Huobi has introduced nine primelist events since Nov 1, 2021, offering investors a unique opportunity to access cutting-edge, early-stage projects upon their token listings. Providing investors with substantial incentives and rewards, Huobi’s Primelist events have reached an audience of over 500,000 participants.
For its tenth event, Huobi Primelist is launching a new model that consists of four simple steps for participants to win access to new token listings. Read below to find out how you can participate.
🔹Four steps you need to complete to win access:
Now let’s explain these steps in detail.
🔹Step 1: Register a Huobi account and complete ID verification
To participate in the event, register for a Huobi Global account and complete the ID verification process before the event starts.
🔹Step 2: Lock in HT/USDT to sign up for the event to win allotted tickets
(1) Log in to the Huobi Global mobile app and click the Primelist banner
- Please ensure that the version of your App is v6.4.3 or above.
- Click here to download.
(2) Lock in your HT or USDT assets to sign up for the event;
(3) Get allotted tickets, depending on the number of HT/USDT you locked.
There will be a button to lock in your assets on the event page.
There’s no limit on the amount of tokens you can lock in, but please make sure that it exceeds the minimum lock-in amount for the respective asset. Then you can check how many allotted tickets you can obtain on the event page. Note that locked tokens cannot be sold until the payment is completed.
The number of tickets = Locked-in amount*Time weightage/The value of a single ticket
Time weightage= lock-in duration/Total duration of the lock-in period
Please note that the assets you lock cannot be used for the next phase: “trade to gain allotted tickets.” The value of the HT you lock in will be converted into USDT, based on the HT/USDT price at 00:00 UTC time on your lock-in day.
🔹Step 3: Trade to obtain allotted tickets
In addition to locking in HT or USDT assets, you can also trade on our platform to obtain extra allotted tickets. Please note that we will only calculate the exchange trading amount after you sign up for the event.
The allotted tickets you obtain through locking in assets and trading will be summed together to win lucky draws at the end of the event.
Here’s the number of tickets you can win from daily spot trading (including leverage trading, ETP trading, grid trading.)
Trading volumes of the below trading pairs will not be counted: USDT/HUSD, PAX/HUSD, USDC/HUSD, TUSD/HUSD, DAI/USDT, TUSD/USDT, PAX/USDT, and DAI/HUSD.
For non-USDT trading pairs, for example, BTC/ETH, you can calculate the amount of USDT needed for buying the left-side coin, BTC, or the amount of USDT one can get for selling the right-side coin, ETH.
The daily trading volumes will be calculated from 00:00 UTC of that particular day to 00:00 UTC of the next day. The maximum daily number of tickets that one can obtain is 60. The number of tickets you can acquire from trading will also be on the event page.
Volumes traded through APIs can be calculated, but volumes traded through sub-accounts will not be included. Note that market makers can only acquire allotted tickets from locking in assets.
🔹Step 4: Win lucky draws and access to new assets
At the end of the event, the system will carry out a random draw. The number of lucky draws one can win will range from zero to the number of total tickets the user obtained.
Number of total tickets one can obtain= allotted tickets acquired through locking in assets + allotted tickets acquired through trading
Users who win lucky draws will have to pay for the tokens, using either locked in USDT or newly deposited USDT. The tokens you’ve purchased already will be delivered to winners’ exchange accounts after the payment is successful.
The amount one has to pay for the tokens = Total allotted tickets one obtains x The value of a single numbered ticket
Please note that if the USDT you locked in is sufficient enough to pay for the new tokens, the system will directly deduct them for payment. However, if the USDT you locked in is not enough for the payment, the system will unlock all of your HT and USDT and remind you to proceed with the payment manually.
Huobi will open LOVE depositing and spot trading (LOVE/USDT) at 21:00 (HKT time) on Jan 12. Come and seize the opportunity to win new tokens!
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