The OKX Smart Trading Year-End Campaign offers traders a unique opportunity to leverage advanced tools, compete for lucrative rewards, and enhance their trading strategies. This guide provides a comprehensive overview of the campaign's key features, participation methods, and reward structures.
What is OKX Smart Trading?
OKX Smart Trading encompasses a suite of automated and semi-automated tools designed to simplify trading and improve results for users of all experience levels. These tools allow you to execute strategies efficiently, mirror successful traders, and manage your portfolio with minimal manual intervention.
Core Smart Trading Products
The campaign focuses on several powerful products, each offering distinct advantages:
- Smart Picks: This feature aggregates top-performing strategies across Swing, HODL, and Sniping styles. It allows you to replicate expert strategies with a single click, making sophisticated trading accessible.
- Copy Trading: Ideal for those who wish to learn from the best, Copy Trading enables you to automatically replicate the trades of leading performers in the Futures market or mirror their entire portfolios in the Spot market.
- Trading Bots: These automated tools manage trades on your behalf 24/7 in both Spot and Futures markets. They can also be used to effortlessly copy top strategies from the marketplace, ensuring your portfolio is always active.
Campaign Timeline and Eligibility
The campaign is time-bound, so understanding the schedule is crucial for participation.
Activity Period:
- Starts: November 19, 2024, at 00:00 UTC+8
- Ends: December 27, 2024, at 23:59 UTC+8
Entry Eligibility:
To participate, you must be a fully KYC-verified OKX user. The campaign is open to users in most jurisdictions, but it is restricted in certain areas as outlined in Clause 7 of the platform's rules. Always ensure your participation complies with local regulations.
How to Participate and Earn Rewards
The campaign features multiple avenues to earn rewards, from simple first-time tasks to competitive leaderboards.
For First-Time Users
New users of Smart Trading products can qualify for rewards by completing the following tasks:
- Smart Picks: Complete one 10-day Smart Picks strategy with an investment of at least 100 USDT.
- Spot Bots: Run any Spot Grid Bot with at least 100 USDT for a minimum of 5 days.
- Copy Trading: Copy a minimum of three Lead Traders, each with at least 100 USDT, and generate a total trading volume of 5,000 USDT.
- Bot Marketplace: Follow three different strategies, each with a 100 USDT investment, and maintain them for 5 days.
- Futures Grid: First-time users will earn a 5 USDT loss insurance voucher.
Elite Circle Showdown (Leaderboard Competition)
This is a competitive segment where traders are ranked based on their percentage profit and loss (PnL%).
- How it works: Trade using any Smart Trading product. The top 30 traders with the best PnL% gains will be rewarded.
- Calculation: Your PnL% will be taken from your best-performing Smart Trading product. It is calculated based on the initial USDT amount in your trading account at the time of enrollment. All withdrawals and deposits are excluded from this calculation.
Prize Pool:
- 1st Place: 3,500 USDT
- 2nd Place: 2,500 USDT
- 3rd Place: 1,500 USDT
- 4th Place: 1,000 USDT
- 5th Place: 500 USDT
- 6th-30th Place: 200 USDT each
Community Volume and AUM Challenges
These reward pools are unlocked when the entire OKX community collectively hits specific targets for trading volume and Assets Under Management (AUM).
Trading Volume Rewards:
- Unlock 5 ETH in rewards when the total Smart Trading volume reaches 800 million USDT.
- Unlock 10 ETH in rewards when the total volume hits 1.5 billion USDT.
- To qualify for a share: You must reach a minimum personal trading volume of 100,000 USDT throughout the campaign period.
AUM Rewards:
- Unlock 5 ETH in rewards when the total Smart Trading AUM hits 15 million USDT.
- Unlock 10 ETH in rewards when the total AUM reaches 30 million USDT.
To qualify for a share: You must maintain a minimum cumulative AUM.
- Non-lead traders: 2,500 USDT
- Lead traders: 10,000 USDT
- AUM refers to the amount invested in a Bot product, a Lead trader, or your trade's position size.
👉 Explore more strategies to maximize your AUM
Smart Picks Launch Activity
Experience the Smart Picks product and qualify for the ETH reward pool.
- To qualify: Run two different Smart Picks strategies with at least 250 USDT each for a full 14 days.
- Your share of the ETH reward will be determined based on the campaign's overall trading volume.
Reward Distribution and Important Terms
All rewards from the campaign are distributed in USDT. Official communication regarding reward distribution will be made through OKX's official channels.
OKX reserves the right to convert rewards into platform vouchers if necessary, based on jurisdictional restrictions or other conditions. It is imperative that all participants review the full terms and conditions. Key takeaways include:
- Participation is restricted to main accounts only; sub-accounts are not eligible.
- Each user can only participate in one campaign at a time.
- OKX actively monitors for fraudulent behavior, including wash trading and multi-accounting, and will disqualify offenders.
- The value of digital assets can be highly volatile. The value of rewards may fluctuate between qualification and distribution.
- All taxes and associated costs related to rewards are the sole responsibility of the recipient.
- OKX reserves the right to amend, cancel, or interpret the campaign rules at its discretion.
Frequently Asked Questions
What is the main goal of the OKX Smart Trading campaign?
The campaign is designed to encourage traders to explore and utilize OKX's automated trading tools—Smart Picks, Copy Trading, and Trading Bots. By participating, you can compete for a share of a significant prize pool in USDT and ETH while potentially improving your trading strategies.
How is the PnL% calculated for the Elite Circle Showdown?
Your PnL% is calculated based on the performance of your single best Smart Trading product. It uses the initial USDT balance in your account at the moment you enroll in the campaign as the baseline. Importantly, all withdrawals and deposits made after enrollment are excluded from this calculation to ensure fairness.
Who is eligible to participate in this trading event?
The event is open to all fully KYC-verified OKX users whose accounts are not based in a restricted jurisdiction. You should always check OKX's Terms of Service, specifically Clause 2.2, to confirm your eligibility based on your local laws and regulations.
What do I need to do to qualify for the community ETH rewards?
To qualify for a share of the unlocked ETH from the volume or AUM pools, you must meet individual minimum requirements. For volume rewards, you need 100,000 USDT in personal trading volume. For AUM rewards, you must maintain a minimum AUM of 2,500 USDT (or 10,000 USDT for lead traders) throughout the event.
Can I use a sub-account to participate in the challenge?
No, participation is strictly limited to main accounts. Sub-accounts are not eligible to enroll, and any activity or earnings generated by a sub-account will not be counted towards the main account's campaign progress or rewards.
What happens if the value of ETH changes before I receive my reward?
The value of digital assets is highly volatile. The value of the ETH reward you qualify for may be different at the time of distribution compared to when you earned it. OKX is not responsible for any market fluctuations that affect the final value of the distributed reward.