Loss Protection Program
At Demex, we believe in transforming how you trade. That’s why from September 10th to October 10th, 8am UTC, we’re rolling out our groundbreaking Loss Protection Program. This initiative is designed to ensure that even if your trades don’t pan out as expected, you’re still a winner. With our program, you could receive up to 100% cashback on your losses. Here’s everything you need to know about this exciting opportunity.
What is the Loss Protection Program?
Our Loss Protection Program is a unique offer that provides protection for trades made on our perpetual markets. The core idea is simple: if you incur losses while trading on our platform, we’ll help offset those losses by providing cashback, potentially covering up to 100% of your losses. This means you can focus on trading with confidence, knowing that we have your back.
How Does It Work?
Eligibility:
The Loss Protection Program applies to all trades on perpetual markets between September 10th and October 10th. Whether you’re a seasoned trader or new to the game, you’re eligible as long as you’re registered and trading during this period.
How to Participate
- Register for the Loss Protection Program. This is a straightforward process and completely free.
- Trade on any of our perpetual markets in either Swap mode or Pro mode.
- If you experience losses, you’ll automatically be considered for cashback.
Rebate Scenarios
- Scenario A: If total losses across all participants are less than the total reward pool, you’ll receive 100% cashback on your losses.
- Scenario B: If total losses exceed the reward pool, cashback will be distributed pro-rata. This means the more you’ve lost, the larger your share of the reward pool.
Example Calculation:
Imagine the reward pool is $2,000 and your loss is $1,000. If total losses amount to $4,000, you’d receive $500 (which is $1,000/$4,000 * $2,000). Another trader with a $3,000 loss would get $1,500.
Cashback Distribution
Cashbacks will be processed and credited back to your account in USD after the promotion ends. You can expect to see the funds in your account within 90 days from the end of the promotion period.
Why Trade on Demex?
1. Access to Unique Markets:
Demex stands out by offering some of the hottest and most exotic markets available. Each week, we list trending and narrative-driven assets, including meme coins, pre-launches, and other unique opportunities. This ensures you have access to a diverse range of trading options that you won’t find on other platforms.
2. Flexibility and Convenience:
Whether you prefer to trade on our Swap mode for quick transactions or delve into Pro mode for advanced strategies, we have you covered. Plus, with our mobile trading option, you can manage your trades from anywhere, at any time.
3. Low Fees:
At Demex, we’re committed to helping you maximize your profits by keeping fees low. This means you get to retain more of your earnings, enhancing your overall trading experience.
Join the Loss Protection Program Today
This is your chance to trade with added confidence and protection. Register for the Loss Protection Program and take advantage of this unique offer from September 10th to October 10th, 8am UTC. Experience trading without the usual risks, and keep your focus on seizing opportunities.
For more details and to sign up, visit Demex.