Promotion Mechanism to Top-Rated Merchant

Promotion Mechanism to Top-Rated Merchant

02/24/2022, 10:58:17

I. Numbers of Top-Rated Merchants

There are 10 spots for Top Rated Merchants in each P2P fiat market. (When it’s full, priority will go to the most user-friendly one.)

II. The Promotion Mechanism of a Top-Rated Merchant in Three Levels

A. Prime

Rules:

KuCoin will examine and verify the Prime merchants who meet the prime standard from of being a merchant by a month.

Assessment period: 1 month

All the Prime merchants who were able to meet the prime standard during the assessment period can get rewards for that month. If not, they’ll be reduced to regular merchant status.

*KuCoin will assess all the Prime merchants every month.

B. Superior

Rules:

Prime merchants who were able to meet the superior standard in the following month after assessment period will be promoted to Superior merchants.

Assessment period: 3 months

1. Prime merchants who were able to meet the superior standard can get the corresponding rewards for that month.

2. Those who fail to meet the superior standard will be reduced to prime merchant status.

3. Those who were able to meet the superior standard for 3 consecutive months will be promoted to Golden Star merchants.

C. Golden Star

Rules:

Period of validity: 1 year

1. The period of validity for Golden Star merchants is 1 year. After that, the Golden Star merchants will be reduced to Superior merchant status and pass the Superior 3 months’ assessment period.

2. Golden Star merchants can get the corresponding rewards every month. KuCoin will review if they meet the Golden Star standard quarterly. Those whose performance is 30%+ lower to the Golden Star standard will be demoted to superior merchants.

Click the link to apply P2P merchants: https://www.kucoin.com/otc/user/ads/publish

Any questions please contact: p2p@kucoin.com

Thanks,

The KuCoin Team


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