‘Long’ Leveraged Tokens vs ‘Short’ Leveraged Tokens: Win a Share of a $50,000 Prize Pool!

Dear KuCoin Users,

‘Long’ Leveraged Tokens vs ‘Short’ Leveraged Tokens

Choose your team to win a share of a $50,000 prize pool!

Activity Time: 11:30:00 on July 21, 2021 - 15:59:59 on July 27, 2021 (UTC)

Rules：

1.During the event, users can fill in the form and choose to join Team L or Team S (Only one team can be selected to join. Joining two teams will not be rewarded).

2. The winning team will be based on the BTC/USDT price on KuCoin at the beginning and end of the event.

The winning team will win a 35,000 USDT prize pool, and the other team will win a 15,000 USDT prize pool. If the two teams are tied, they will each win a 25,000 USDT prize pool.

Users of the two teams with a trading volume of ≥ 500 USDT will share the team's prize pool in proportion to their trading volume.

PS: The trading volume calculation rules are as follows:

For example, user A chooses to join Team S, and during the event period, he traded 100 USDT in four trading pairs: BTC3L/USDT, ETH3L/USDT, ADA3L/USDT and EOS3S/USDT. Then, user A's Trading Volume = (100+100+100) + (100x2) = 500 USDT

Note:

1. Trading Volume: buys + sells;

2. The Sub-Accounts and Master Account will be treated as the same account when participating in the activity;

3. Rewards will be distributed within 10 working days of the campaign ending;

4. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and is not forced, interfered with, or influenced by KuCoin in any way.

Risk Warning：Leveraged Tokens investment (trade) is a risky one. Compared with derivatives and leveraged tokens issued and managed by other institutions, KuCoin Leveraged Tokens bears lower risks and costs, however, it does not mean that it has no risks. By trading KuCoin Leveraged Tokens or using related services of KuCoin Leverage Tokens, you are deemed to have fully understood the risks of KuCoin Leveraged Tokens and agreed to assume all responsibilities of all and related trading or non-trading behaviours involved in your KuCoin account. Please do not trade or invest any products that are beyond your financial abilities.

Regards,

The KuCoin Team

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