KuCoin Options Launches with Over 100,000 USDT in Exciting Rewards!
11/01/2024, 17:21:02
Dear KuCoin Users,
We are thrilled to announce that the Options Trading feature is now live! To celebrate this significant milestone, we are offering over 100,000 USDT in triple luxury rewards, and we look forward to sharing this exciting moment with you. Please note that KuCoin Options are currently only available for mobile trading, requiring version 3.118.0 or higher of the app.
Event Duration: From 09:00 on November 1, 2024 to 16:00 on November 29, 2024 (UTC)
🎁Activity 1: Zero Fee Options Trading
Activity Period: From 09:00 on November 1, 2024 to 09:00 on November 15, 2024 (UTC)
To enhance the user experience during the initial launch period, KuCoin Options will offer a zero-fee trading event. During this period, users will be exempted from all trading fees and exercise fees when trading or exercising Options, allowing you to fully enjoy the Options trading experience!
🎁Activity 2: Guess to Win, Share of the 100,000 USDT Prize Pool!
KuCoin is launching an exciting guessing activity where you can predict the settlement prices of BTC and ETH Options! Here’s how it works:
Important Dates
- With market fluctuations, you can profit by buying call or put Options. For example, November 5 is the U.S. election day, and October CPI data will be released on November 13, likely causing significant market volatility. You can choose to buy call or put Options with expiration dates of November 6 or 7 based on your market judgment.
How to Participate
- Purchase Options: Buy BTC or ETH Options with specified expiration dates，Nov. 6, 7, 13, or 14.
- Achieve Profit: If you profit at expiration (hold till settled), you’ll be eligible to win!
Rewards
- Winner's Prize: Each winner receives rewards worth 200 USDT.
- 100 USDT in Futures trial funds
- 100 USDT in Margin trial funds
- Trading Volume Requirement: Your total options purchase volume must exceed 0.5 BTC.
Important Rules
- First-Come, First-Served: Rewards are distributed until the 100,000 USDT prize pool is exhausted.
Example Scenario
- If you buy:
- 0.5 BTC-241106-73000-C Options
- 1 BTC-241106-74000-C Options
- And hold them until the settlement price reaches 74,500 USDT, both options will qualify you for rewards, totaling 400 USDT!
🎁Activity 3: Engage in Options Trading, Share an Unlimited Prize Pool!
Activity Period: From 16:00 on November 14, 2024 to 16:00 on November 29, 2024 (UTC)
During the activity period, the platform will issue Futures trial funds and Margin trial funds based on your Options trading volume (Option Units × Number of Contracts) . If the cumulative trading volume of Options traded during the event exceeds or equals 0.5 BTC, you will receive 5 USDT in Futures trial funds and 5 USDT in Margin trial funds. The more you trade, the more rewarding it will be!
|
Trading Options trading volume (BTC) |
Rewards (Futures trial funds + Margin trial funds) |
|
0.5 ~ 1 |
5 USDT + 5 USDT |
|
1 ~ 2 |
10 USDT + 10 USDT |
|
2 ~ 5 |
20 USDT + 20 USDT |
|
5 ~ 10 |
100 USDT + 100 USDT |
|
10 ~ 20 |
200 USDT + 200 USDT |
|
20 ~ |
500 USDT + 500 USDT |
Terms and Conditions:
-
Options trading volume = Option Units × Number of Contracts;
- For more information on Options trading, visit this link: KuCoin Options Trading Product Guide;
-
The Rewards will be distributed through the winners' My Rewards page;
-
Rewards will be distributed within 10 working days after the event ends;
-
Sub-accounts will be regarded as the same account to participate in this activity;
-
If there are cheating behaviors such as malicious brushing, batch registration of small accounts, self-buying and selling, etc., we will strictly review and disqualify them. Participation qualifications are subject to discretion, and KuCoin's decision is binding on users. The user hereby confirms that joining KuCoin is a voluntary act, and KuCoin has not forced, interfered or influenced the user's decision in any form;
-
The final interpretation of all activities belongs to KuCoin.
Risk Warning:
Options trading involves significant risks and may not be suitable for all investors. While it offers opportunities for profit, the potential for loss can also be substantial. Market volatility, changes in underlying asset prices, and other factors can affect the value of options contracts.
It is essential to thoroughly understand the mechanics of Options trading, including the strategies employed and the risks involved. We strongly recommend that you assess your financial situation, risk tolerance, and investment objectives before engaging in Options trading.
Please be aware that KuCoin assumes no responsibility for any losses incurred as a result of trading activities. Always trade responsibly and seek professional advice if needed.
Thanks for your support!
The KuCoin Team
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