Rewards Hub Rules on ZMO

ZMO’s Rewards Hub is engineered to facilitate the user journey, making it easier to grasp and understand the basics of creating a ZMO account and trading crypto for the first time by incentivizing users with rewards.

• The spectrum of rewards includes token airdrops, trial funds vouchers, and ZMO Cash (rebates on trading fees).

• Certain Rewards Hub features may not be available in your region, depending on local regulations and certain jurisdictions not allowed in our Terms of Use.
   

What Are ZMO Vouchers and How Can I Redeem Them?

• You may receive different types of ZMO vouchers as campaign or task rewards. Follow the step-by-step guide below to claim your vouchers at the Rewards Hub.
  Please note the following important rules:

  • Non-transferable: All vouchers issued by ZMO are non-transferable. They cannot be transferred to other users or between different accounts held by the same user (i.e., from a main account to a sub-account). Vouchers can only be claimed by the recipient's account.

  • Expiry Date: You should claim your vouchers before the expiry date. If a voucher expires, it will no longer be valid. You will not be able to extend the expiry date or exchange the voucher for any other rewards.

• User Responsibility: It is your responsibility to claim any vouchers allocated to you. ZMO does not have any obligation to alert you to the upcoming expiry or expiration of any voucher.

Different Types of ZMO Vouchers

• Depending on the activities and tasks, you may receive a Bonus, Token Vouchers, ZMO Cash, and Futures Trial Fund Vouchers.

Token Vouchers

• After receiving a voucher, the user must claim it before the expiration date. If the voucher is past its expiry date, it will be deemed invalid. Users will not be able to extend the validity period or exchange the voucher for other rewards.

• After it’s been claimed, the corresponding token will be credited to the user’s spot wallet.

• Sub-accounts cannot claim token vouchers; only the main account can use them.

ZMO Cash

• The value of ZMO Cash will be benchmarked against the real-time price of USDT (1:1).

• After successful claiming, the ZMO Cash will be activated and form a balance that will be deducted as trading fee rebates are distributed to offset trading fees.  The Deduction Amount will vary depending on the Deduction Ratio, which corresponds to the highest ratio of trading fees that can be deducted for each ZMO Cash Reward per day. Each day, the rebate will be distributed to the user's spot wallet in USDT on the day following the user's trade, before 23:59:59 (UTC).

• The maximum ZMO Cash amount per user equals the face value of ZMO Cash. The total amount will be deducted each day according to the trading fee rebate distribution, until the depletion or the expiry of ZMO Cash. The trading fees of the eligible orders will be converted into USDT according to the real-time exchange rate of the corresponding orders, summed up, and distributed to the user’s spot wallet. Users acknowledge and agree that ZMO Cash shall not be liable for any loss in connection with the exchange rate applied.

• If a user’s total trading fees from the day before are less than 0.00000001 USDT, they are not eligible to receive any trading fee rebates from ZMO Cash.

• If the total amount of the corresponding trading fees of the eligible orders is greater than the remaining balance of ZMO Cash, users will only receive a trading fee rebate reflecting the remaining balance of ZMO Cash. 

• If a user activates multiple ZMO Cash vouchers for the same product at the same time, they will be used according to the order that they were claimed.

• ZMO Cash rewards will expire after a certain period. Please refer to the expiry date on each ZMO Cash voucher. After the voucher expires, users will not be able to apply for or use the remaining balance of the ZMO Cash voucher in any way.

• Please refer to your ZMO Cash History for records related to trading fee rebates.

• Sub-accounts are not allowed to use ZMO Cash couchers. Only the main account can claim and use them.

Futures Trial Fund Voucher

• After receiving your voucher, you have to claim it before it expires. If the voucher is past its expiry date, it will be deemed invalid. You won’t be able to extend the validity period or exchange the voucher for other rewards.

• After redemption, vipUSDT will be credited to the user’s futures wallet.

• The value of vipUSDT is benchmarked against the real-time price of USDT at a 1:1 ratio.

• When your futures wallet contains user funds and futures trial funds, trial fund losses will be prioritized to offset the user’s deposited funds.

• When using futures trial funds, the user’s direct referrer will not receive any commission fees.

• Sub-accounts cannot claim future trial fund vouchers; only the main account can use them.

Bonus Voucher

• The Bonus voucher can be used as USDT for AutoTrader investments.

• Upon claiming, your Bonus voucher will be credited to your Spot Wallet and can be used to invest in AutoTrader strategies.

• After receiving your voucher, you must claim it before the expiration date.

• Upon claiming, an amount of USDT might be locked or held for withdrawal in your spot wallet for a brief period of time to avoid manipulation and ensure a fair and secure experience for all participants.

• Realized profits will be distributed between USDT and Bonus balances based on their respective contribution ratios in the investment. In the event of a realized loss, the deduction will also be applied to both USDT and Bonus balances according to a predefined ratio.

• Sub-accounts cannot redeem Bonus vouchers; only the main account can use vouchers.