Theta Cashback
How it works?
Buy a call option on BTC or ETH that expires on December 26th. Thalex will deposit 50% of the daily theta PnL in ABC within 2 hours after the daily settlement.
To join the campaign, send ‘THETA’ to us on Telegram and we will DM you to get you signed up.
Disclaimer: theta rebate is issued in a form of ABCs.
Get more information about the ABCs see the ABC Terms, Terms of Use.
Rules
| Rule | Requirement |
|---|---|
| Asset requiremant | Buy call option with expiration on 26th of December |
| Campaign's duration | Theta rebates will be rewarded untill 29th November 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 can’t be combined with 'Eat the Spread' or '0% Trading Fees' rewards |
| Exclusions | Retail only. Option trades that do not comply with Rulebook. |
FAQs
How can I participate in the campaign if I am not a Thalex customer?
Complete the onboarding first: Sign up on Thalex.
After completing the onboarding, deposit funds into your account and start options trading.
After buying a call option, when will i receive my daily theta rebate?
First you have to sign up for the campaign.
Your first theta rebate will be issued to your account after the following daily settlement.
Is there a minimum time pariod for holding the option to qualify for theta rebate?
Since theta rebate is evaluated and rewarded once per day after daily settlement, you have to keep your option position open untill the daily settlement in order to qualify for the specific day's theta rebate.
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 untill 29th of November 08:00 AM (UTC) to get the daily theta rebates.
- Theta rebates 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 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.