Announcement Center

Dear users:

CoinW will launch a new spot deposit and trading event. During the event, users can get trading rewards based on their accumulated trading volume on the day as long as they deposit and trade in the spot area. The details of the event are as follows:

Event time: 2023/1/28 4:00 – 2023/2/5 15:59(UTC)

[A] Deposit USDT to share $3,000 prize pool

During the event, users who successfully deposit USDT from external addresses to CoinW  

and trade in the spot area (spot area/ETF area), users whose accumulated USDT net deposit amount (deposit-withdrawal) > 100 USDT can share a $3,000 prize pool according to the proportion of USDT net deposit amount during the event. The rules are as follows: 

Deposit reward calculation formula: Eligible user's reward = (user's net deposit amount / the sum of all eligible users' net deposit amount of users in the net deposit range) * 100% * prize pool

[B] Trade in spot zone to unlocks different rewards

During the event, users who complete transactions greater than 100 USDT in the spot area (including the spot area and the ETF area) can share the daily prize pool according to their accumulated transaction volume on the day, and the rewards will be distributed on T+1 day. Rewards are limited, and we will distribute rewards in descending order of users' transaction volume on a first-come-first-served basis until stocks last. The rules are as follows:

Event Description:

1. Net deposit amount = deposit during the event - withdrawal during the event, cumulative transaction amount = purchase amount during the event + sale amount during the event;
2. The rewards for event [B] will be issued on T+1 day, and the rewards for event [A] will be distributed within 5 working days after the end of the event, please check carefully;
3. In event [B], if the rewards for the range of transaction volume reached by the user are exhausted, the reward amount for the next range will be issued, and so on;
4. Event [B] is limited to participation in currency pairs other than stablecoins, so the transaction volume generated by trading stablecoin pairs is not included, such as USDC/USDT, DAI/USDT, USDD/USDT, etc.;
5. Event rewards will be issued in the form of USDT equivalent ETF tokens;
6. During the event, users who purchase USDT through P2P on the CoinW platform can get a super bonus of 10 USDT. The event starts regularly every week, and you can only participate once a week, and the rewards will not be issued repeatedly.
7. In order to ensure the fairness of the event, CoinW strictly prohibits cheating behaviors such as malicious swiping and batch registration of small accounts. If a user violates the regulations that affect the normal operation of the event, the CoinW platform will immediately disqualify the award, and if the situation is serious, the account will be frozen;
8. Market makers do not participate in activities as independent accounts;
9. The final interpretation right of the event belongs to CoinW. If you have any questions, please contact CoinW customer service for consultation.

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2023/1/28