Blast Futures Deposit Bonanza T&C’s

Blast Futures Exchange
2 min readMar 7, 2024

TERMS AND CONDITIONS

Blast Futures (BFX) welcomes you to participate in the Blast Futures Deposit Bonanza (the “Promotion”), the first decentralized exchange (DEX) to offer 3% bonus on all trader and staker deposits, from 8 March 2024, 12:00pm UTC to 22 March 2024, 12:00pm UTC. Participation in this Promotion allows you to earn additional cash bonuses on deposits made to BFX, alongside earning Blast Points and USDB yield. By participating, you agree to comply with the following Terms and Conditions (T&Cs).

Eligibility

  1. Participants: Open to all BFX users who comply with their local laws regarding crypto transactions.
  2. Promotion Period: Only deposits made from 8 March 2024, 1200 UTC to 22 March 2024, 1200 UTC are eligible.
  3. Holding Period: Deposits must be maintained on the BFX platform for at least two weeks from the date of the last deposit within the Promotion period. Early withdrawals disqualify the participant from the bonus.

Promotion Details

  1. Bonus Structure: The cash bonus percentage is tiered based on the total deposits received during the Promotion period, with a cap at the first $20 million of new deposits:
  • First $5 million in deposits: 3% bonus
  • Next $5 million in deposits: 2.5% bonus
  • Following $5 million in deposits: 2% bonus
  • Subsequent $5 million in deposits: 1.5% bonus
  • Additional deposits beyond the first $20 million will not receive a bonus.
  1. Deposit Limit: The bonus is applicable only to the first $20 million in deposits during the Promotion period. Deposits exceeding this amount will not qualify for a bonus.
  2. Bonus Payment: Bonuses will be credited to the participants’ BFX trading accounts after 5 April 2024.

Restrictions

  1. Withdrawal: Withdrawals within two weeks from the last deposit during the Promotion period will result in disqualification from receiving the bonus.
  2. Promotion Period Deposits: Deposits made outside of the Promotion period (before 8 March 2024, 1200 UTC or after 22 March 2024, 1200 UTC) are ineligible for the cash bonus.
  3. Fraudulent Activities: Participants engaging in fraudulent or illegal activities will be disqualified.
  4. Disqualification: BFX has the discretion to disqualify any participant suspected of violating the T&Cs, engaging in fraudulent activities, or manipulating the Promotion in any way.

General Provisions

  1. Agreement to T&Cs: Participation signifies agreement to these T&Cs and acceptance of BFX’s decisions, which are final.
  2. Tax Responsibilities: All tax liabilities arising from the Promotion are the participant’s responsibility.
  3. Governing Law: These T&Cs are governed by the laws of the jurisdiction in which BFX operates.

Conclusion

BFX reserves the right to modify, suspend, or terminate the Promotion at its discretion. By participating, you acknowledge that you have read, understood, and agreed to these T&Cs. For queries, refer to the BFX airdrop guide or contact our support team.

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