Theta Cashback
Buy an option expiring on December 26th and we will reward 50% of the option's theta with ABC.
How it works?
Buy an option on BTC or ETH that expires on December 26th.
Thalex will deposit 50% of the daily theta PnL in ABC.
To join the campaign, send ‘THETA’ to us on Telegram and we will DM you to get you signed up.
To get more information about the ABCs, see the ABC Terms, Terms of Use.
Details
| Campaign Details | Requirement |
|---|---|
| Asset requirement | Buy an option with expiration on 26th of December |
| Campaign's duration | Last rewards will be attributed on 6th of December 08:00 AM (UTC) |
| Minimum order size BTC | 0.1 BTC |
| Minimum order size ETH | 3 ETH |
| Maximum daily rebate | 500 ABC per customer |
| Combination restriction | Rewards cannot be combined with 'Eat the Spread' or '0% Trading Fees' rewards |
Theta cashback rewards are issued in the form of ABCs.
This campaign is for retail customers only. All trades have to comply with the Rulebook to be eligible
FAQs
After buying an option, when will I receive my daily theta cashback?
Your first theta cashback will be issued to your account within 2 hours after the following daily settlement.
If I close my position, will I receive the theta cashback for that day?
Yes. You will receive theta cashback for the time your position was open.
Campaign Terms
- This campaign is open solely to retail traders. If you do not have a Thalex account, you can apply for one here.
- You have until 6th of December 08:00 AM (UTC) to get the daily theta cashbacks.
- Theta cashbacks are granted in form of ABCs only if the campaign rules are met.
- Trades must be conducted through Thalex accounts only. Testnet trades are not eligible for this campaign.
- Thalex has sole discretion to determine all theta calculations and corresponding payouts.
- Thalex reserves the right not to grant rewards in cases of non-compliance with the Terms & Conditions, illicit behavior, or any unfair advantage, at its sole discretion.
- Thalex will not be responsible for any margin calls, position closeouts, or other risk events, which must be managed individually by each participant in accordance with their own risk profile.