Dear BTCEX users,
Get ready for another exciting airdrop campaign on BTCEX Launchpad starting from May 18th! Participate to get your share of 2,200,000 KEY (SelfKey) ! The campaign will be conducted through a token allocation lottery. Here are the details you need to know:
I. Subscription Information
1. Subscription Method: Airdrop. This subscription is free of charge. BTCEX will adopt a pay-first and refund-after approach. All the amounts you participated in subscribing will be automatically refunded to your payment account after the campaign ends.
2. Token Name: KEY (SelfKey)
3. Total Airdrop: 2,200,000 KEY
4. Allocation per Ticket: 1 subscription ticket = 2,200 KEY. Total airdrop allocations: 1,000 allocations. Corresponding amount per allocation: 11 USDT
5. Committed Token: USDT (the USDT you commit must come from your funding account)
Earn Tickets: 02:00 (UTC), May 18th to 02:00 (UTC), May 22nd
Allocation: 02:00 (UTC), May 22nd to 02:00 (UTC), May 23rd
Allocation Result Announcement: 08:00 (UTC), May 23rd
Airdrop Distribution: 08:00 (UTC), May 23rd
II. Subscription Rules
1. Allocation: 02:00 (UTC), May 18th to 02:00 (UTC), May 22nd
2. Detailed Rules:
2.1. Subscribe by Trading Perpetual Contracts
The number of subscription tickets you can get via perpetual contracts trading is calculated based on your average daily perpetual trading volume during the 4 days before the subscription starts (02:00 (UTC), May 18th to 02:00 (UTC), May 22nd ).
For every 5,000 USDT average daily perpetual trading volume, you can get 1 subscription ticket. The maximum number of subscription tickets obtained through perpetual trading is 100.
Perpetual Trading Volume = Perpetual Trading Volume + Copy Trading Trading Volume
2.2. Subscribe by Trading Spot
The number of subscription tickets you can get via spot trading is calculated based on your average daily spot trading volume during the 4 days before the subscription starts (02:00 (UTC), May 18th to 02:00 (UTC), May 22nd ).
For every 500 USDT average daily spot trading volume, you can get 1 subscription ticket. The maximum number of subscription tickets obtained through spot trading is 50.
2.3. Subscribe by Inviting Friends
The number of subscription tickets you can get via inviting friends is calculated based on your successful referrals during the 4 days before the subscription starts (02:00 (UTC), May 18th to 02:00 (UTC), May 22nd ).
For each successful referral, you can get 1 subscription ticket. The maximum number of subscription tickets obtained through inviting friends is 5.
Users who register with BTCEX during this campaign period and deposit more than 100 USDT.
Deposit Amount = Fiat Deposit + On-Chain Deposit.
You can participate in the lottery draw based on the number of subscription tickets you receive. BTCEX will automatically calculate the required USDT amount based on the number of tickets you commit, and will automatically refund all your committed USDT amount to your payment account after this campaign ends.
The result will be announced at 08:00 (UTC), May 23rd.
III. Rules for Participation
1. Users must complete KYC verification to be eligible.
2. Participants must use their BTCEX main account, sub-accounts are ineligible.
IV. Participation Process
Step 1: Calculation of Subscription Tickets
1. As explained in the Subscription Rules part, the number of subscription tickets you get is calculated based on your daily average perpetual transaction volume, spot transaction volume, and number of successful referrals, during 3 days before the subscription starts.
For example, User A's trading volume and number of referrals 3 days before the subscription starts are as follows:
The number of subscription tickets that user A will receive is:
1,000,000/5,000/4 + 100,000/500/4 + 3 = 50+50+3 = 103 subscription tickets
Step 2: KEY Subscription
1. After the subscription starts, click "Place Order" and enter the number of subscription tickets you'd like to use.
2. Use USDT to pay the corresponding subscription amount and complete the subscription. As this subscription is free, the paid subscription amount will be fully refunded to your payment account after the event ends.
Step 3: Lottery Drawing and Distribution of Winning Tickets
After the subscription ends, the system will randomly draw lots. Results will be announced on the campaign page. The allocated FLOKI tokens will be distributed to your Funding account, and the amount paid for subscription will be fully refunded to your payment account.
Step 4: Start your KEY trade
V. Project Introduction
SelfKey is a blockchain-based identity platform. The technology provides individuals, companies, exchanges, fintech startups, and banks - with a platform to manage identity data (oftentimes KYC).
The core team has worked on decentralized identity since 2014 across companies such as Standard Chartered Bank, Bitmax exchange, EQIBank, and GSR.
VI. Important Notes
1. According to current laws and regulations, users from the following countries or regions (based on KYC information) can't participate in the sale:
Mainland China, Cuba, Iran, North Korea, Crimea, Malaysia, Syria, Bahamas, Bolivia, Donetsk, Luhansk, and Malta.
2. Users found to be involved in any fraudulent activities such as using sub-accounts, click-farming or any other illegal conduct or activity, or that are in violation of any relevant user agreements, rules, policies and terms of agreements issued by BTCEX related to this or any other project, campaign or announcements (which BTCEX reserves the right to amend), or if a user abuses or disrupts the lawful operation of this project, BTCEX reserves the right, at its sole discretion, to cancel or suspend the user's participation in this project and withdraw all rewards gained during this project.
3. BTCEX reserves the right of final interpretation of this campaign. BTCEX reserves the right to interpret the applicable rules and policies related to this project and decide all matters related to this project and its related activities. BTCEX reserves the right to modify the rules of this project at any time at its sole discretion.
Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.