[OOE] Trading Challenge

Task 4: Make 4 Valid Trades using OpenOcean DApp

This article provides step-by-step guidelines of how to participate in the “Trading Challenge” task in the OpenOcean Wallet Holder Offering airdrop. For more details of the airdrop, please refer to our official announcement.

In order to participate in the SafePal x OpenOcean Wallet Holder Offering, all participants MUST Register for the Whitelist Snapshot first. The DEADLINE for the Whitelist Snapshot is at 1 PM UTC on April 1st, 2021.

Here is a guide on how to register for Whitelist Snapshot:

Step 1: Download And Set Up The SafePal App

For Android users, please download the latest version of the SafePal App from the SafePal download page. Then set up the App settings including security password, login pattern, etc.

For iOS users, please read through the instructions on this page before downloading the new V2.5.3 version.

Step 2: Create A SafePal Wallet

If you are using a SafePal S1 Hardware Wallet, you can learn how to set up the wallet from this article

SafePal also supports Software Wallet. You can create and set up a SafePal Software Wallet by following the instructions in the following link. Don’t forget to keep your seed phrase in secure locations!

Step 3: Trade on the OpenOcean DApp

Now you are able to trade on the OpenOcean to get 3 shares from the reward pool.

Read before start:

1. Users need to complete 4 valid transactions on OpenOcean.Finance through the SafePal wallet with total transaction volume equal to or above 100 USDT.

2. Among the 4 valid transactions, the buy-in token for at least one of the transactions must be SFP.

As an example, we will trade USDT with SFP (ensure that your SafePal Wallet has USDT).

WBNB/BNB Token Trading Pair DOES NOT COUNT

Open the OpenOcean DApp, select the trading pair you wish to trade, and select 'Swap Now' icon to complete the trade. The example here is:

  • Trade 1: Purchase 10 USDT worth of SFP

  • Trade 2: Purchase 20 USDT worth of SFP

  • Trade 3: Purchase 30 USDT worth of SFP

  • Trade 4: Purchase 40 USDT worth of SFP

  • Trade 1 + Trade 2 + Trade 3 + Trade 4 = Total value of 100 USDT

Find the OpenOcean DApp in the SafePal DApp Store

Step 4 Claim 3 shares from the Wallet Holder Offering DApp

After completing the 4 trades, visit the "Wallet Holder Offering -OOE" DApp, enter the Trading Challenge, and click 'Claim Shares'

If you encounter any issues surrounding the OpenOcean trading experience, please reach out to the OpenOcean Team at:

When will the OOE Tokens be credited to my account?

The referral award will be credited to your wallet account on OOE token issuance day after the campaign is completed.

I have finished a trading challenge, why hasn’t my reward balance changed?

The Trading Challenge will end on April 3rd afterwards the team will then be able to collect the statistics and calculate the airdrop rewards for all participants. This might take a few days, hence the rewards for the qualified participants will be credited to users’ accounts on OOE token issuance day. Then you will be able to view the reward result in the "Wallet Holder Offering-OOE" DApp interface.

Please note that the actual OOE rewards will be distributed to your wallet after OOE is listed.

I receive fewer tokens than my swapped amount. Why is this? Does this still count for the trading challenge?

Depending on the coin or token network, price slippage may occur due to the inherent nature of using swap services. Transactions take time depending on the technical architecture of the coin or token resulting in different numbers of confirmations required to complete a transaction. This will cause a varying of transaction speed and network congestion as well as a multitude of technical complications. Please do your own research surrounding the coin & token you are looking to swap for. SafePal is not held accountable for price slippages using our swap service.

Disclaimer

Risk Warning

Cryptocurrency investment is subject to high market risk. Please invest cautiously. SafePal will not be responsible for your investment losses. SafePal will not be liable whatsoever for any direct or consequential loss arising from the participation of its activities. SafePal will make the best efforts to select high-quality partners for WHO, but will not be responsible for your investment losses. Thanks for your support!

SafePal reserves the right to disqualify all suspected participants that are botting, front running, or exploiting the Wallet Holder Offering (WHO) mechanism without appeal. Investors also should be mindful that what has been described above surrounding Wallet Holder Offering (WHO) does not represent financial advice.

Not Investment Advice

This activity does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article's content as such. SafePal does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Non Endorsement

The appearance of a third party on SafePal and its activities does not constitute an endorsement, guarantee, warranty, or recommendation by SafePal. Do conduct your own due diligence before deciding to invest in any third-party projects or use any third-party services.