Daily Mystery Drop

Q: Where can I find definitions of trading terms?

Visit the Ouinex glossary for detailed definitions and explanations of trading terms.

Q: What are slippage and spreads, and why are they important?

Slippage: The price difference between expected and actual price when trading, especially in volatile markets. Spreads: The gap between the bid and ask prices, representing a hidden cost to the trader. On Ouinex you see spreads in real time as you trade, as well as the estimated slippage. Plus, you can set the maximum negative slippage you allow. For more in-depth and easy to understand explanations of slippage and spreads, see our glossary.

Q: What is a bear market, and how does it affect trading?

A bear market occurs when asset prices decline over time, leading to investor caution. Traders may adjust strategies to profit from downward trends, such as trading derivatives instead of spot crypto, for example.

Daily Mystery Drop gives Ouinex SocialFi users one free chance per day at bonus NEX Points. Learn more in the Ouinex Academy.

Learn to Trade

DEFINITION

Daily Mystery Drop is a once-per-day free card on the Ouinex SocialFi page that reveals a random bonus amount of NEX Points when opened.

IN PLAIN ENGLISH

It works like a daily loot box or scratch card: one free open per wallet per day, with the reward amount decided at random.

KEY TAKEAWAYS

Only one Daily Mystery Drop can be opened per wallet per day
The reward resets at midnight UTC, creating a new drop to open each day
The NEX Points awarded are randomised and count toward the same weekly snapshot as trading and task points
Missing a day does not carry over into extra drops the following day

ON OUINEX

The Daily Mystery Drop sits on the SocialFi page alongside the Trading Streak counter, encouraging a daily check-in habit. Participating in SocialFi does not guarantee monetary rewards. T&Cs apply. Minimum deposit and withdrawal $10.

Back to the Glossary

Other terms in this Category.

DAO (Decentralized Autonomous Organization)Day Trading DCA (Dollar-Cost Averaging)Decentralized Applications (dApps)What Is DeFi?Delegated Proof of Stake (DPoS)Demo Account Derivatives DIP Diversification Dogecoin (DOGE)Double-Spending

Frequently Asked Questions

Where can I find definitions of trading terms?

What are slippage and spreads, and why are they important?

What is a bear market, and how does it affect trading?