1. Explore Groups
1.1 Click 'Explore Groups' in the left sidebar to either create your own group by verifying your X (Twitter) account, or join existing groups created by others.
1.2 To view groups organized by various metrics, click on the dropdown box next to 'Sort by.' If you are looking for a specific group and know its name, you can also use the search tool.
1.3 By clicking the 'X' icon next to a group's name, you will be redirected to the group owner's X account. Additionally, by clicking on the right side of a group, you can view details such as group messages and the Members leaderboard.
1.4 Some groups may require a payment in PT (an amount set by the group owners) to join. Once you confirm and make the payment, the specified PT amount will be deducted from your spot wallet.
2. My Groups
2.1 Click on 'My Groups' to easily find the group you own or the groups you are a member of.
2.2 If you have created a group, click the settings button on the right to configure your group information and inscription details.
2.3 Note that once you deploy your group inscription, the information cannot be changed. Ensure that you confirm all details carefully before proceeding.
3. PT Rewards
3.1 Click ‘PT Rewards’ to complete the missions and earn points, you will have the opportunity to convert your points to PT up to three times daily.
Note:
- Points conversion operates on a first-come, first-served basis and features three different tiers with corresponding ratios. The conversion window opens at UTC 00:00, 08:00, and 16:00 and remains open until the allocated PT for that period is exhausted.
The PT allocation per 8-hour window is 1,800, resulting in a total daily PT allocation amount of 5,400 PT.- Starting from 8:00 UTC on March 17th, 2024, the prize pool for PhemexPulse has been increased. The third-tier daily budget will see an additional 900 $PT, which means 2100 $PT every 8 hours. Additionally, the 'convert' button will become a permanent feature with this update. >>More details
3.2 Each conversion window offers three Tiers, each with a unique ratio for converting points to PT. If the PT allocation for Tier 1 is fully converted, conversions will proceed at a different ratio in Tier 2.
For example, if the current time is UTC 07:59, the conversion window will open in one minute. Once it opens, click the ‘Convert’ button to exchange your points for PT. The ratio at which you can obtain PT varies depending on the time of conversion. If the allocated PT for that window has been fully converted, you will need to wait until the next opening time, which is at UTC 16:00. In the meantime, you can complete missions to accumulate more points.
Note: The points you earned are reset at 00:00 UTC every day.
4. Inscription Marketplace
4.1 Join the group first to trade or mint inscriptions. Then, click ‘Inscription Marketplace’ to access popular group inscriptions.
4.2 After joining the group, hover your mouse over the inscriptions you wish to purchase and click to confirm the transaction.
4.3 You can also click on the ‘List’ section within your group to view the available options.
4.4 If the inscriptions are still in progress, you can mint them by clicking the ‘Mint Now’ button on the right side.
4.5 You can check your inscriptions in the ‘My inscriptions’ section located in the top right corner.
4.6 Hover your mouse over the inscription that has completed minting and click ‘List’ to put it up for sale. Once listed, members of your group will have the opportunity to purchase your inscriptions.
4.7 If you wish to unlist your inscriptions, click on the ‘Listed’ on the menu, hover your mouse over the inscriptions you want to remove from the listing, and confirm the unlisting.
FAQs
1. How can I earn points?
You can earn points by completing daily missions.
2. What is the purpose of the points?
The points can be converted to PT up to three times daily.
3. When are the points credited?
Points are credited within 5 minutes of completing each mission.
4. Can I earn separate points for different groups?
No, points are calculated only once, regardless of activity across multiple groups.
5. Does trading volume include API, bot trading, and copy trading?
Bot trading and copy trading are included, but API trading is not.
6. Are trades using bonuses and vouchers counted?
No, they are not counted.
7. How many points can I earn by inviting new Phemex users to this group?
You earn 10 points for each new Phemex user you invite to the group, with a maximum of 100 points per day.
8. Can I invite someone who registered before?
No, points are not awarded for inviting existing users to the group.
9. Are the first two missions separated by groups?
No, points from the first two missing are calculated only once, regardless of the group.
10. When is the leaderboard updated?
The leaderboard is updated every 5 minutes.
11. How many followers do I need to have on social media to become a group owner?
500 followers. (It can be changed)
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