P2P Merchant competition: Win featured ad spots and OKX swag

Published on Nov 7, 2023Updated on Apr 4, 20246 min read

We’re thrilled to launch a P2P Merchant competition exclusively for existing Super and Diamond Merchants who trade using UAH, BYN, KZT, UZS, AMD, and GEL.

You can win an exclusive featured ad spot on the P2P marketplace and OKX swag by simply increasing your P2P trading volume by at least 5% during the competition period.

A featured ad is an ad that will be highlighted at the top of the marketplace. This premium placement provides your ad with the highest visibility and credibility, which can drive more traffic.

Competition period: November 7, 2023 10:00 UTC - November 21, 2023 10:00 UTC

How to participate

  • To participate, click the Join now button on the competition landing page
  • During the campaign period, you need to increase your trading volume by at least 5% and ‌achieve a total completion rate higher than 90%

Rewards

Three winners will be chosen in each market (UAH, BYN, KZT, UZS, AMD, and GEL) based on the following criteria:

  • Achieving the highest percentage increase in your total trading volume during the competition period
  • Having the highest number of unique traders traded with during the competition period

Each of the top 3 winners for each type of currency will receive the following rewards:

  • A consecutive 3-day featured ad spot
  • Exclusive OKX swag

Terms and Conditions

  1. This promotion shall commence on November 7, 2023, 10:00 UTC and end on November 21, 2023, 10:00 UTC.
  2. This promotion is applicable to all existing Merchants trading UAH, BYN, KZT, UZS, AMD, GEL on OKX P2P, who got their Merchant status before November 6, 2023 with KYC: RU, UA, KZ, UZ, BY, KG, GE, AM.
  3. The local currencies eligible for this promotion are UAH, BYN, KZT, UZS, AMD, and GEL.
  4. Only USDT sell ads can get a "featured ads" badge.
  5. Users must register by clicking the "Join now" button on the landing page. Once a user has successfully joined in the activity, the button will change to "Enrolled".
  6. Only Merchants who have increased their trading volume by 5% during the promotion period in specific currency will be eligible for this promotion (the base indicator will be the trading volume and the number of counterparties in the period from October 24, 2023 to November 6, 2023).
  7. Only Merchants with 90% and higher completion rate can be promoted.
  8. Three winners will get a "featured ads" badge ‌for only one sell ad in a single local currency. If the Merchant trades more than one currency on the P2P market, only the ad with the best-performing currency will be considered for "featured ads" promo.
  9. Winners will be announced within 7 business days after the promotion ends.
  10. "Featured ads" badge will be granted within 7 business days after the promotion period activity ends.
  11. The featured ad will be removed if at any time the Merchant’s price is 1% higher than that of its predecessor Merchant on the advertisement page.
  12. OKX swag will be distributed within 14 business days after the promotion ends.
  13. OKX has the discretion to convert any rewards into platform vouchers or USDT of equivalent value or less value. This may happen in cases where platform restrictions in certain jurisdictions cause participants to be ineligible for certain campaign rewards, where OKX is unable to procure the prizes for the participants, or in any case that OKX deems in its full discretion that it is necessary for the rewards to be converted. OKX swag will be valued at 10 USDT.
  14. If any participant is found or deemed to be ineligible, prohibited or disqualified for this activity for any reason, OKX reserves the right to confiscate, withdraw or withhold any prizes, rewards or gifts at any time, or to recover such rewards and/or deduct the value of the used portion of such rewards from the winner’s OKX account in any currency in which the rewards have been paid and/or used.
  15. Each OKX account shall be eligible to participate in the promotion once.
  16. Sub-accounts will not be eligible to participate or receive any rewards.
  17. OKX reserves the right to cancel the eligibility of any participant who engages in dishonest or abusive behavior in this activity, including but not limited to registering multiple accounts to obtain additional rewards, engaging in laundering trades, and any other activities related to illegal, fraudulent or harmful purposes. Serious cheating may result in your OKX membership status being downgraded, account frozen or termination of membership.
  18. OKX reserves the right to interpret the terms and conditions of this promotion in a manner it deems appropriate, and reserves the right to change or modify these terms and conditions at any time.
  19. This promotion excludes residents from the following jurisdictions: Hong Kong, Cuba, Iran, North Korea, Crimea, Malaysia, Singapore, Syria, United States of America, including all U.S.A. territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas), the Bahamas, Canada, the Netherlands, the United Kingdom (specifically regarding our derivatives-related Services for retail users), Bangladesh, Bolivia, Donetsk, Luhansk and Malta.
  20. This promotion does not constitute or shall not be considered as a recommendation to deal in any products, or investment advice. Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high-risk tolerance. Investors in digital assets could lose the entire value of their investment.
  21. In case of any disputes, the English version of these promotion terms and conditions shall prevail. OKX reserves the right to final interpretations of all activities in this promotion.

Disclaimers

  1. This campaign is (i) not an offer, recommendation or solicitation of an offer to buy, sell or otherwise deal in any digital asset; and (ii) not intended to provide any advice or recommendation (regardless of investment, trading accounting, legal, tax or otherwise). This campaign is also not intended for distribution to, or access by, any person in a jurisdiction where such distribution or access would be contrary to applicable laws or regulations. Persons accessing and/or participating this campaign are required to inform themselves about and observe such restrictions. Digital assets are speculative and highly volatile, may become illiquid at any time, and are high-risk. Persons dealing in digital assets may lose the entire value of their assets.
  2. The value of digital assets, including but not limited to stablecoins, can and do fluctuate greatly from time to time. The value of any reward under this campaign at the time a participant qualifies for such reward may not be equal to the value of such reward at the time of distribution to the participant. Due to such fluctuations, users may experience a significant increase or decrease in the value of their assets at any given moment.
  3. Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of the reward are the sole responsibility of the individual reward recipient.
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