KuCoin wants to reward the community

KuCoin feels like rewarding the community. And the estimated worth of this reward is significant. 

In a new announcement, KuCoin emphasized that it is gearing up for its 2nd-anniversary celebration. To lift the community’s spirit, KuCoin decided to share some of its coins. The total worth of a give away is $150,000 and includes TRX, WIN, BTT and TRC20-USDT.

Feeling lucky? Then mark these dates: 16th and 23rd of September. Three activities are set to take place. On the 16th, KuCoin plans to release the so-called red envelopes in KuCoin’s official Telegram (From 11:00:00 to 12:00:00 on September 16, 2019 (UTC+8). Their worth is $15,000. The red envelopes will be given away in a total of 4 rounds and respectively start at 11:00, 11:20, 11:40 and 12:00. Whoever comes first is served first — that’s the basic method. The system will randomly generate an amount within each envelope.

The second activity is scheduled for September 16-September 23 (12:00:00-23:59:59 (UTC +8). The format will slightly differ. This time, the top 200 accounts that hold the highest net deposit amounts of TRX, BTT, and WIN (deposit – withdrawal) on KuCoin will “win a share of $40,000 rewards in proportion to their trading amount.” The formula is the following: Reward for each user = (Each user’s total trading volume / Top 50 users’ total trading volume) × $40,000

Doubling the reward

Finally, on September 16th the top 1000 users holding 100 KCS or over on KuCoin at 20:00:00 will have the chance to win $15,000. Once again KuCoin is clear about its calculation method: (Each qualified user’s KCS holding volume / Top 1000 qualified users’ total KCS holding volume) × $15,000. It is also possible to double the airdrop giveaway. If a user meets the criteria above, then s/he can complete one or more trades on KuMEX in the 7 day period prior to September 16, 2019 (UTC+8). And thus double the airdrop give away.

Previously, Altcoin Buzz reported that Poloniex and KuCoin partook in USDT-Tron airdrop. Chromia network listed KuCoin as its newest provider. 

If you’re feeling extra lucky, then make sure to partake in this giveaway as well.

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Lesia Dubenko
A warm hello from Ukraine! My name is Lesia, I am a journalist, writer, political scientist, and crypto enthusiast. Before joining AltcoinBuzz in May I knew nothing about crypto, I was in the dark (it was very gloomy indeed). I was all skeptic and suspicious. But then one day, probably in June-July when I was doing a podcast with James and Matt, I finally grasped the concept in full. That is when I truly started to enjoy it thoroughly. I am a big believer in crypto and blockchain. There is no doubt that it is the future. But be patient, it needs time, like a fine Chardonnay. However, if you want to know when the next bull run is happening, I highly recommend asking Luc Lammers. He will definitely spill the beans! xxx

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