To celebrate the launch of Buzlink Application, and to thank all your enthusiastic participation in the previous UST campaign, we are honored to announce that KuCoin will start the second round of the “UST Trading Competition” together with the Terra project. An additional 25,000 UST ($25,000 worth) reward pool will be given away to qualified KuCoin users.
Learn more about TerraUSD (UST): https://terra.money
The campaign will run from 18:00:00 on December 11, 2020, to 18:00:00 on December 18, 2020 (UTC+8).
Activity 1: Deposit LUNA to KuCoin to Win a Share of 6,000 UST!
- During the campaign period, users who have a net deposit volume (deposit – withdrawal) that reaches 1,000 LUNA or more on KuCoin will get 10 UST! Only for the first 500 users who meet the requirements.
- Users who register and pass the KYC2 during the campaign period, and whose net deposit volume is 1,000 LUNA or more, will receive another 5 UST each (15 UST in total)! Only for the first 200 new users who meet the requirements.
Activity 2: Trade BTC/UST, ETH/UST, and LUNA/UST to Win a Share of a 15,000 UST Prize Pool!
*Trading volume of the LUNA/UST trading pair will be multiplied by a coefficient of 2, which means doubling your trading volume!
|Top 1||1,800 UST|
|Top 2||1,400 UST|
|Top 3||1,200 UST|
|Top 4-10||800 UST EACH|
|Top 11-20||500 UST EACH|
According to the data from Coingecko, KuCoin’s LUNA/UST pair has the best liquidity measured by the order book depth.
Activity 3: Participation Reward – Win a Share of a 4,000 UST Prize Pool!
Users who have a UST trading volume (buys + sells) on KuCoin that reaches 50 UST or more for the trading pairs BTC/UST, ETH/UST, and LUNA/UST, will win a share of a 4,000 UST prize pool.
The reward for each qualified KuCoin User = 4,000 UST / Total number of qualifiers
- Net deposit volume: deposit – withdrawal;
- Trading volume: buys + sells volume;
- The Sub-Accounts and Master Account will be treated as the same account when participating in the activity;
- Winners of the Top 20 Traders (Activity 2) will not be eligible to receive the participation reward (Activity 3);
- KuCoin will update the Top 20 rankings of Activity 2 before 21:00 on December 16, 2020 (UTC+8). The final rankings will be updated within 5 working days of the campaign ends;
- Rewards will be distributed within 7 working days of the campaign ends;
- The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and is not forced, interfered with, or influenced by KuCoin in any way.