For Blockchain-Trade XRP on KuCoin to Share 40,000 USDT!
02/01/2021, 01:04:07
As a participant and witness of the development of the blockchain industry, KuCoin will always support and maintain the core spirit of blockchain-freedom and transparency!
KuCoin will launch an activity for XRP to give away a reward pool of 40,000 USDT to qualified KuCoin users.
Activity Period: From 17:59:59 on January 31, 2021 to 15:59:59 February 5, 2021 (UTC)
*Users who fill in the form will be eligible to get the rewards.
Activity 1.Trade XRP in the Spot or Margin Markets to share 20,000 USDT！
During the activity period, users who trade XRP in the Spot or Margin Markets with a trading volume (buys + sells) of more than 500 USDT will win a share of 20,000 USDT rewards in proportion to their trading volume (buys + sells).
Reward = (User’s trading volume / Total trading volume) *20,000 USDT
*When users trade XRP in Margin Markets, the trading volume will be multiplied by 3 times during settlement;
*When users trade on the XRP/USDC trading pair in the Spot Markets, the trading volume will be multiplied by 2 times during settlement;
Activity 2.Trade XRP Contracts to Win a Share of 20,000 USDT!
During the activity, users can trade XRP Contracts and share $20,000 according to their trading volume. The details are as follows:
| Ranking | USDT Reward Pool (Withdrawable) |
| 1 | 2,500 |
| 2-4 | 2,000 in Total |
| 5-10 | 2,000 in Total |
| 11-25 | 2,000 in Total |
| 26-50 | 1,500 in Total |
| Participation Rewards | 10,000 in Total |
Notes:
1. The top ranking user can claim the 2,500 USDT rewards, while others can claim rewards of the corresponding level based on their contract trading volume.
2. To qualify, users must have a total trading volume of XRP contracts that reaches at least 2,000 USDT.
Trading volume calculation: Principal * Leverage = Trading Volume
E.g: Open and close a position with 20 USDT of principal and 50x leverage, then your trading volume will reach 2,000 USDT immediately.
3. If participants of this campaign also participated in Bonus Three of the "KuCoin Futures - 2nd Round of New Year Bonus! $110,000 to Give Away!" campaign, and the rewards will be distributed according to the highest amount of rewards.
Notice:
1. For any duplicate or fake accounts found to be cheating or attempting to conduct fraudulent behaviors, the platform will withhold the distribution of the rewards; for any manipulations attempting to get the rewards illegally, the violators will be deprived of the qualification for the rewards.
2. The Sub-Accounts and Master Accounts will be treated as the same account when participating in the activity. Institutional users will be excluded from this activity.
3. The activity rewards will be distributed to those qualified users within 7 business days after the activity.
4. KuCoin and KuCoin Futures reserve all rights to the final explanation of the event.
Thank you for your support!
The KuCoin Team,The KuCoin Futures Team
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
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