Velvet (VELVET) Listing Campaign, 1.23 Million VELVET to Giveaway!

Velvet (VELVET) Listing Campaign, 1.23 Million VELVET to Giveaway!

07/10/2025, 10:42:01

Custom ImageTo celebrate Velvet (VELVET) being listed on KuCoin, we will be launching a campaign to give away a 1,230,000 VELVET prize pool to qualified KuCoin users!

Trading Opening Time: 12:00 on July 10, 2025 (UTC)

Learn more about Velvet (VELVET): https://www.velvet.capital/


Activity 1: VELVET GemSlot Carnival, Finish Easy Tasks to Share a 900,000 VELVET Prize Pool!

⏰ Campaign Period: From 04:00 on July 11, 2025, to 04:00 on July 18, 2025 (UTC)

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Pool 1: New Users Only: Deposit and Trade VELVET on KuCoin, Share a 400,000 VELVET Prize Pool!

During the campaign period, newly registered KuCoin users who complete the following tasks will be eligible to share a total of 400,000 VELVET on a first-come, first-served basis. Each user can participate in this activity only once.

Task 1: Accumulate a net deposit amount (deposits - withdrawals) of at least 600 VELVET.

Task 2: Accumulate a VELVET Spot trading volume (trading amount × price) of at least $300 on KuCoin.

Pool 2: All Users: Trade VELVET on KuCoin, Share a 500,000 VELVET Prize Pool!

During the campaign period, all KuCoin users who accumulate a VELVET Spot trading volume (trading amount × price) of at least $400 on KuCoin will be eligible to share a total of 500,000 VELVET. Final rewards will be calculated based on the formula:

(Your Net Trading Volume × Boost Multiplier ÷ Total Trading Volume of All Participants) × 500,000 VELVET.

Additionally, participants who invite new users to register KuCoin will get bonus rewards based on the number of successful invitations.

Notes:

1. New User Exclusive Pool rewards will be distributed in strict chronological order based on task completion time, with earlier completers receiving priority allocation;

2. Regular Prize Pool rewards will be calculated according to the following formula: (Your Trading Volume × Invite Boost Multiplier) ÷ Total Boosted Volume × VELVET Pool Size;

3. For invitation bonuses in the Regular Prize Pool, a qualifying "new user" refers to one who: (1) registers a new KuCoin account during the event period, and (2) completes full KYC verification;

4. Institutional accounts and market makers are not eligible to participate in this event;

5. In case of any discrepancy between the translated version and the English original version, the English version shall prevail;

6. Malicious activities, including bulk account registration, wash trading, and self-trading, are strictly prohibited. Accounts associated with the same identity will be treated as a single participant. Sub-accounts are not eligible. KuCoin reserves the right to disqualify users and revoke rewards if any malicious behavior is detected.

7. KuCoin reserves the right to interpret, modify, or cancel the activity at its sole discretion without prior notice. Appeals must be submitted within two months after the campaign ends. Late appeals will not be accepted.


Activity 2: Trading Carnival Season for New Users: Participate Now and Share a 180,000 VELVET Prize Pool! 

⏰ Campaign Period: From 10:00 on July 15, 2025, to 10:00 on July 22, 2025 (UTC) 

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Pool 1:  Claim 0.5~10 VELVET with Your First Futures Trade! Share a 80,000 VELVET Prize Pool!

Supported Trading Pair: any perpetual Futures in Cross Margin and Isolated Margin modes

During the campaign period, all users, regardless of account registration time, who complete their first-ever trade on KuCoin Futures of at least 500 USDT will receive 0.5 to 10 VELVET on a first-come, first-served basis.

Additionally, make any Perpetual Futures trade during the campaign period to enter the lucky draw for the prize of 1 ETH. Only one winner will be selected.

Pool 2: Bring in Friends, Stack up Endless Rewards!

During the event, earn 100 VELVET for each new user you invite. Here's how it works:

1. Share your referral link with friends and invite them to sign up on KuCoin.

2. Ensure your referee trades Futures and accumulate at least 5 USDT in Futures trading fees.

Pool 3: Join the Futures Trading Competition to Share a 100,000 VELVET Prize Pool!

Supported Trading Pair: any perpetual futures in cross margin and isolated margin modes 

During the campaign period, participants who complete their first-ever trade on KuCoin Futures and achieve a cumulative futures trading volume of at least 500 USDT will have a chance to share a 40,000 VELVET prize pool. Additionally, those who reach specified cumulative trading volumes and net deposit volumes will receive corresponding rewards, with the opportunity to share a prize pool of 100,000 VELVET on a first-come, first-served basis.

The rewards are distributed as follows:

Net Deposit Volume

Futures trading volume

Reward

10 USDT

500 USDT

Share 40,000 VELVET based on the proportion of their trading volume (Up to 20 VELVET per winner)

50 USDT

3,000 USDT

10 VELVET

100 USDT

6,000 USDT

20 VELVET

500 USDT

30,000 USDT

100 VELVET

1,000 USDT

60,000 USDT

200 VELVET

 Notes:

1. The volume of negative fee rates and market makers will not be counted in this campaign;

2. The reward will be issued in the form of  $VELVET token;

3. The trading volume will be calculated in USDT;

4. VIP event rewards are only available to VIP Tier 1-4 members;

5. Trading Volume = Principal * Leverage. (e.g., opening and closing a position with 50 USDT principal and 50x leverage can reach a trading volume of 5,000 USDT);

6. If a user participates in multiple similar activities simultaneously, they will only receive the reward from the first eligible activity (whichever awards first);

7. The sub-account and the master account will be regarded as the same one in the activity;

8. Rewards will be distributed within 7 working days after the activity.


Activity 3: Affiliates Exclusive: Invite Users to Trade and Share 150,000 VELVET Rewards!

⏰ Campaign Period: From 08:00 on July 17, 2025 to 08:00 on July 27, 2025 (UTC)

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Pool 1: Invite New Users to Trade VELVET & Share a 50,000 VELVET Prize Pool!

During the campaign period, existing affiliates can earn 60 VELVET for every qualified new users invited who complete all three tasks, on a first-come, first-served basis:

Task 1: Complete Registration;

Task 2: Complete KYC verification;

Task 3: Accumulate a VELVET Spot trading volume (trading amount x price) of at least $200 on KuCoin.

Additionally, newly invited users will be eligible to earn 100 VELVET upon completing all three tasks.

Note: Once the prize pool has been depleted, the activity will end.

Pool 2: Invitees’ Trading Leaderboard, Share a 100,000 VELVET Prize Pool!

During the campaign period, invitees (including existing and new invitees) who complete the following tasks on KuCoin will stand a chance to share a 100,000 VELVET prize pool!

Task 1: Accumulate a VELVET Spot trading volume (trading amount x price) of at least $200 on KuCoin.;

Task 2: Complete their first trade;

Task 3: Accumulate a total Spot trading volume (trading amount x price) of at least $10,000 in all tokens.

Note: Invitees’ rewards are proportional to their Spot trading volume during the campaign period, and the maximum reward is half of this prize pool.

Notes:

1. KuCoin Affiliates must log in to their KuCoin accounts and click the [Join] button to participate in this event;

2. Rewards will be distributed on a first-come, first-served basis if the allocated rewards exceed the total volume of the prize pool;

3. Once you join the event, we'll track your participation by tallying the trading volumes of both your existing referrals and new invitees on KuCoin. Rewards will be distributed to your KuCoin account within 30 business days after the event ends;

4. If there are other concurrent events of the same type (such as registration, deposit, trading, or sharing), rewards will only be issued based on the affiliate's first-time registration and participation in the specific event;

5. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances.


Terms and Conditions:

1. Trading amount = buys + sells;

2. Trading Volume = (buys + sells) x price;

3. Net Deposit Amount = deposits - withdrawals;

4. The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force on all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin are voluntary and are not forced, interfered with, or influenced by KuCoin in any way;

5. KuCoin reserves the right to disqualify users' reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk registered accounts, self-dealing, or market manipulation);

6. KuCoin reserves the final right to interpret these terms and conditions, including but not limited to the modification, change, or cancellation of the activity, without further notice.

7. If users have doubts about the result of the activities, please note the official appeal period for the result of activities is 2 months after the end of the campaign. We will not accept any kind of appeal after this period;

8. Where any discrepancy arises between the translated and original English versions, the English version shall prevail;

9. This activity is not related to Apple Inc.


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