The Exclusive Access of the 2nd Round of KCS Lockup and Cash Back Plan for the Lockup Users of the 1st Round

The Exclusive Access of the 2nd Round of KCS Lockup and Cash Back Plan for the Lockup Users of the 1st Round

10/28/2019, 15:17:26

Dear KuCoin users,

The 2nd round of KCS Lockup and Cash Back Plan will provide lockup users of the first round with an exclusive access! Lockup users of the first round can get an extra 20% annualized return besides the base return rate of 30%, up to 50% annualized return in total. Detailed rules are as following:

  • How to lockup: From 2019-10-29 00:00 (UTC+8), in the KuCoin "Assets" page, a Continue Locking Confirmation dialogue will prompt out. Users can select "Get 50% Return" button to continue the locking and get 50% annualized returns.
  • Lockup period: Users can select "Get 50% Return" button during the confirmation prompt, and lock KCS for 30 days from the unlocking date of the 1st round.
  • Lockup limit: The lockup amount and returns of the first round will be transferred to the lockup address of the second round.

Notice:

  • Lockup users of the first round can get the 50% annualized returns only via the prompt dialogue in the assets page.
  • The locked-up KCS will not be eligible for the KCS bonus.
  • Unlock in advance: If user wants to unlock KCS in advance the unlock date, please contact KuCoin support to apply for unlocking. After the application is approved, the KCS that one locked will be refunded to the original address within 24 hours. 10% of the funds for lockup will be charged as the early unlocking fee and the revenue will not be paid.

KuCoin have launched the Double 11 Festival including several campaigns and releasing of expectable features and services. Please pay attention to the official announcement.

The KuCoin Team

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