The OVEX Lottery
The OVEX Lottery is a weekly cryptocurrency giveaway that is completely free to enter. You do not purchase lottery tickets such as in a traditional lottery. Rather, lottery tickets are earned through your use of the OVEX exchange.
Earning Lottery Tickets
Tickets can be earned in the following ways:
- Sign up on OVEX: Earn 1 Ticket
- Enable two-factor authentication on your account: Earn 5 Tickets
- Verify your account identity (KYC): Earn 1 Ticket
- Refer a friend using your OVEX referral link or code: Earn 10 Tickets
- Deposit 0.001 Bitcoin (BTC) into your OVEX account, or an equivalent amount in any supported asset or fiat currency: Earn 1 Ticket
- Example: you will earn 5 tickets by depositing 0.00598 BTC, or an equivalent amount in any supported asset or fiat currency
- Note: deposited amounts are not cumulative. Tickets are issued on a per deposit basis.
- Trade 0.001 Bitcoin (BTC) on OVEX or an equivalent volume in any supported asset or fiat currency: Earn 1 Ticket
- Example: you will earn 10 tickets by trading 0.010987 BTC, or an equivalent amount in any supported asset or fiat currency
- Note: trading volume is not cumulative. Tickets are issued on a per trade basis.
Lottery tickets will be earned automatically when you complete one of the actions in the table above. All of your active lottery tickets will appear in the Lottery page of your OVEX account. Please note that the lottery tickets earned by completing actions 1, 2 and 3 in the table above can only be earned once. The maximum number of tickets that can be earned per action is 100.
Submitting Lottery Tickets
To submit your lottery tickets, you need to pick five numbers between 1 and 22, or use the QuickPick method to randomly generate the numbers for you.
The winning ticket numbers will be randomly drawn every Wednesday at 14:30 SAST and published on the OVEX website, Telegram group and Whatsapp group. All active lottery tickets that have not been submitted by this time will default to the QuickPick method.
If there is a single winner, the jackpot prize for that week will be deposited into the winner's OVEX account wallet. If there are multiple winners, the jackpot prize will be divided between them and deposited into each of their OVEX accounts respectively. Winners will be informed that they have won by email.
All lottery tickets that you earn will only be active for the very next lottery draw that follows, after which they will expire. Only active lottery tickets will be eligible to win the jackpot prize each week; previously expired tickets that contain the winning numbers will not be counted.
If there are no winners for a particular weekly lottery, then the jackpot prize for that week will roll over and be added to the following week's lottery jackpot.
The lottery jackpot prize may change on a weekly basis, and the jackpot prize for the lottery that is currently running will be advertised on the OVEX Home and Lottery pages at all times.
The first lottery draw will take place on 22 May at 14:30 SAST.
GOOD LUCK AND HAPPY TRADING!
The OVEX Team