Dear KuCoin Users,
The KuCoin Margin Super Bonus is set to return in August! Join and share a 70,000 USDT prize pool! There is also 1 million margin loss subsidy to support your trading!
Activity Period : from 12:00:00 on August 23, 2021 to 12:00:00 on August 30, 2021 (UTC)
🎁 Super Bonus One: Share a 70,000 USDT Prize Pool
1. Trade to Share a 20,000 USDT Prize Pool
During the activity, users with a Margin trading volume (buys+sells) of at least 500 USDT will share a 20,000 USDT prize pool in proportion to their trading volume.
2. Trade to Share a 50,000 USDT Prize Pool
During the activity, users with a Margin trading volume (buys+sells) of at least 1,000 USDT will share a 50,000 USDT prize pool in proportion to their trading volume.
*The rewards will be tripled for users who trade in the Margin market for the first time during the activity.
*KuCoin Margin will also randomly draw 1,000 users from qualified participants of Super Bonus One to receive an airdrop reward of 88 USDT each.
🎁 Super Bonus Two: Subsidies for Margin Loss
1. Full Subsidy for Users Who Encountered Negative Balances
Users who encountered a negative balance during the activity will be airdropped with the full amount of their negative balance.
*Users need to repay their loans in their Margin account before the activity ends.
*The upper limit of the negative balance is 1 million USDT. If the total amount of negative balance of all users exceeds 1 million USDT, the subsidy will be based on 1 million USDT as the standard.
2. Additional Subsidies for Margin Loss
Users who encountered liquidation or a negative balance during the activity will enjoy a 50% discount on their margin trading fee within 30 days after the end of the activity.
*KuCoin Margin will also randomly select some users who encountered liquidation or a negative balance during the activity to receive an airdrop reward of 88 USDT each.
🎁 Super Bonus 3: Massive daily interest-free coupons
During the activity period, KuCoin will randomly issue massive interest-free coupons to lucky users’ accounts. Please check My Bonus page and claim the coupons.
*Coupons can be used to borrow funds at 0 interest for long or short in Margin Markets, and only through the coupon interface.
*How to claim: Trading interface > I nterest Free
Note:
1. The two prize pools of Super Bonus One can be shared at the same time.
2. The upper limit of the trading fee return for margin loss is based on the amount of the user's liquidated amount and negative balance.
3. The number of random airdrop rewards of Super Bonus Two will be determined by the actual number of users who encountered liquidation or a negative balance during the activity.
4. The 50% discount on the margin trading fee will be converted into USDT and distributed to the user’s margin account within 31-37 calendar days after the end of the activity. Other rewards will be distributed within 10 working days after the end of the activity.
5. The Sub-Accounts and Master Account will be treated as the same account when participating in the activity.
6. 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.
7. KuCoin reserves the right to cancel or amend any activity or activity rules at our sole discretion.
Thanks for your support !
The KuCoin Team
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