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Announcement
Aug 20 - Kine Exchange Upgrade - Start Brand New Trading Jourey and Win Total 35,000 USDT!
Dear users,
In order to create a better trading experience, Kine now supports USDT&USDC margin trading directly. A trading contest will be held to celebrate the new feature launching!
Period: 2021-08-23 10:00:00 to 2021-08-27 10:00:00 (UTC+8)
Scope: All the trading pairs traded with USDT or USDC margin
Contest A: Trade with USDT or USDC margin to win a pool of 25,000 USDT
The top 5 users ranked by trading volume (including both buys & sells) in any USDT and USDC trading pairs during the contest period will share a pool of 25,000 USDT. The reward structure is as follows:
- 1st place: 10,000 USDT
- 2nd place: 7,000 USDT
- 3rd place: 5,000 USDT
- 4th place: 2,000 USDT
- 5th place: 1,000 USDT
Contest B: Trade with USDT or USDC margin to win a pool of 10,000 USDT
All users with a total trading volume (including both buys & sells) of $10,000 or more in USDT&USDC trading pairs during the contest period will be able to participate a lucky draw, winners to share the 10,000 USDT equally.
Detailed rules of lucky draw:
The last digit in the hash value of the last ETH block by 10:00:00 (UTC+8) on August 27, 2021 will be the lucky number. Participants with $10,000 or higher volume and with last digit of his/her UID same as the lucky number, will be the winner and share the 10,000 USDT rewards.
For example:
- Assume that the hash value of the last ETH block before 10:00:00, August 27, 2021 (UTC+8) is 0xd2990bb4974035046c9946f988453fa8d47cd276acd85a8917fde584a0ccc75c
- The lucky number is 5
- All users whose last digit of the UID is 5 and meet the trading volume requirements will share the 10,000 USDT equally.
Other Rules：
- Winners of contest A will not be eligible for contest B.
- If during the contest, both USDT and USDC margin are used in same UID, the final calculation will be based on the sum of the trading volume of the two margin currency.
- Corner Case of Contest B: If there is no match to the winning account, then continue to search for the next unequal Arabic number as the winning number(The hash value number extend from the last digit to the first digit). If there is no winning account after all hash strings being matched, then it will be deemed that all participants with $10,000 or higher volume have won prizes.
- The final list will be announced after contest closed. Rewards will be distributed to user’s wallet account in Kine exchange according to the final ranking within 7 working days after the final list is confirmed.
- KINE reserves the right to disqualify any person who is known or suspected by KINE to be cheating or violating any rules and regulations set by KINE.
- Investing in digital assets comes with high risks due to huge price fluctuations. Before investing, please have a full understanding of all the risks of investing in digital assets and be prudent of your own investment decisions.
- Kine Protocol reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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