Profit Rate Competition, Join and Share 4,000 USDT
09/05/2020, 17:00:00
Dear KuCoin Users,
In order to celebrate the third anniversary of KuCoin and provide better services to our users, KuCoin will launch the Profit Rate Competition.During the activity, KuCoin will rank users according to their yield (generated from trading and holdings) in their Trading Accounts on a daily basis. There will be a daily prize pool and a special prize pool, both with reward amounts of 1,000 USDT.
Activity Period: 00:00:00 on September 24, 2020 -- 23:59:59 on September 26, 2020 (UTC+8)
Registration Time: Starting at 20:00:00 on September 5, 2020 (UTC+8)
Users can click this link to sign up or click the sign up button to register after the event page is available.
The Daily Yield Leaderboard is for all users. The ranking and rewards will be released next day, with the top 20 sharing the daily prize pool.
The Total Yield Leaderboard is only for users who haven't had any trades in the past 30 days (minimum). The ranking and rewards will be released a day after the activity ends, with the top 20 sharing the special prize pool.
The amount of rewards distributed to the top 20 in the Total Yield Leaderboard is based on the amount shared to the top 20 in the Daily Yield Leaderboard. Details can be found in the table below.
| Ranking | Rewards |
| No.1 | 200 USDT |
| No.2 | 180 USDT |
| No.3 | 160 USDT |
| No.4 | 120 USDT |
| No.5 | 100 USDT |
| No.6 | 80 USDT |
| No.7 | 50 USDT |
| No.8 | 30 USDT |
| No.9 | 20 USDT |
| No.10 | 10 USDT |
| No.11-No.20 | 5 USDT per user |
Notice:
1. You can sign up for the activity by clicking into the registration page during the event. Only registrations from users holding over $ 200 USD in funds in their Main Accounts and Trading Accounts on KuCoin at 00:00:00 on September 24 will be regarded as successful.
2. Calculation of Yield in Trading Account:
Total yield = {[User equity - (Funds transferred to the platform during the event - Funds transferred out from the platform during the event) - User initial equity] / User initial equity + Funds transferred to the platform during the event)*100%.
User equity: Equal valued USDT of users’ assets (based on the average price of USDT that day)
Example: Jerry participated in the competition. At the beginning his initial equity was 1000 USDT and he transferred in 1000 USDT on September 24. At the end of the day, he earned 2000 USDT through trading on KuCoin, so his equity was 4000 USDT on September 24. Then his daily profit rate =（4000-1000-1000)/（1000+1000）*100%=100%.
3. The calculation formula for daily yield is the same as the one for total yield. The calculation time is from 00:00:00 the previous day to 00:00:00 the current day. (UTC+8)
4. The yield of users will be updated once a day from September 25, 2020. The yield of the current day will be updated at 15:00:00 the next day with the distribution at 18:00:00(UTC+8).
KuCoin reserves all rights to the final interpretation of this activity.
The KuCoin Team