Users who make their first Crypto Loan during the campaign with a single loan of at least 100 USDT will receive a rebate on the interest actually accrued on that loan. The rebate cap is determined by your VIP level at the time the loan is disbursed:

*Note: Limited to the first 20 eligible users, ranked by the disbursement time of the first loan, while supplies last. Each qualifying loan must be below 10,000 USDT. If the interest actually accrued is lower than the cap, the rebate equals the actual interest.

Users whose average daily incremental loan balance during the campaign reaches the required tier will receive a one-time airdrop reward:

*Note: Each user receives the reward for the highest tier reached; tiers do not stack. Slots are allocated in descending order of average daily incremental loan balance at the end of the campaign, while supplies last.

During the campaign period, when a newly invited user completes their first loan and maintains an average daily outstanding loan balance of ≥10,000 USDT, the referrer becomes eligible to share the referral prize pool.

About Crypto Loan
Crypto Loan lets you borrow assets against your crypto holdings. Interest accrues on the loan and must be repaid, and price movements in your collateral may trigger margin calls or liquidation. Please participate according to your own funding arrangements and repayment capacity.

1. Users must meet the applicable KuCoin, Crypto Loans product, and campaign eligibility requirements and complete registration, eligible deposits, and borrow during the campaign period.
2. "First loan" means a user who had no Crypto Loan history (including fully repaid loans) under the master account or any sub-account before the campaign started, and who completes their first loan during the campaign.
3. Master accounts and sub-accounts are treated as the same user. Loan amounts, interest, and reward eligibility are combined.
4. The interest rebate is calculated on the interest actually accrued on the qualifying loan during the campaign. If the actual interest is lower than the cap, the rebate equals the actual interest. For early repayment, interest is calculated based on the actual holding period.
5. "Average daily incremental loan balance" = the sum of daily loan balances during the campaign ÷ the number of campaign days − the loan balance in the snapshot on the campaign start date. A negative result is counted as zero.
6. Rewards are limited and available on a first-come, first-served basis while supplies last.
7. A user may not receive the same type of benefit under this campaign and any other loan rebate campaign at the same time.
8. Please contact KuCoin Customer Support with any questions. KuCoin reserves the right of final interpretation of this campaign.