One of the world’s largest crypto exchanges KuCoin has launched a self custody mobile crypto Wallet called KuCoin Wallet few days ago. First they launched the Android version of KuCoin Wallet application, on 27th July 2022 they launched their iOS version. KuCoin launched a promotional event to encourage new users to use the Kucoin Wallet. To celebrate the official launch of KuCoin Wallet, KuCoin Officially Launched 50,000 USDT Giveaway.
About KuCoin Wallet
KuCoin Wallet is a secure and easy-to-use crypto wallet that supports multi-chain aggregation powered by KuCoin ecosystem. With the security expertise of KuCoin and the leading security technology audited by Hacken, KuCoin Wallet is a self-custody wallet with users having full control of their assets. KuCoin Wallet provides the easiest way for users to manage multi-chain assets, and enables users to buy, store and view NFT collections directly within the wallet. KuCoin Wallet is a gateway to the web3 world for all crypto users.
Event Duration – 03:00 am, July 28, 2022 – 03:00 am, August 10, 2022 (UTC)
Prize Pool – 50,000 USDT
Also Read: MetaLife Token Airdrop
Kucoin Wallet Event 1 :
Deposit Leaderboard — Deposit and Earn a Share of 35,000 USDT
During the event, as long as you have downloaded KuCoin Wallet and hold at least 1,000 USDT worth of tokens in your account, you will qualify for a share of the 35,000 USDT prize pool. Users who qualify shall be ranked in accordance with the total amount they hold.
Prizes shall be distributed as follows:
1 2,000 USDT
2-5 Equally share of 6,000 USDT
6-10 Equally share of 5,000 USDT
11-20 Equally share of 4,000 USDT
21-920 Equally share of 18,000 USDT
In addition to the Top 20 users, another 900 users who hold at least 1,000 USDT worth of tokens during the event will receive a share of 18,000 USDT.
KuCoin Wallet Event 2 :
Experience2Earn — Share 15,000 USDT
During the event, download KuCoin Wallet then:
1. Hold at least 10 USDT worth of tokens during the event.
2. Complete at least 1 transfer (any amount) or connect KuCoin Wallet to any DApp to complete at least 1 transaction (any amount).
KuCoin Wallet shall randomly select 3,000 qualified users to equally share the 15,000 USDT prize pool.
How to JoinKucoin Wallet Event ?
Step 1 : Download and install the KuCoin Wallet APP
Step 2 : Create or restore a wallet.
Step 3 : Deposit tokens to KuCoin Wallet.
Step 4 : Complete a transfer or any DApp transaction through KuCoin Wallet (only required for Event 2).
Instructions on Holdings:
1. During the event, KuCoin Wallet will randomly take snapshots of your holdings and calculate the average amount held as follows: the sum of the holdings per snapshot / number of snapshots.
2. Calculation of actual holdings: Market price of tokens held (actual price determined on the KuCoin exchange when the event ends) * amount that user holds.
3. Snapshot of holdings support the following networks: Ethereum, BSC(BNB Smart Chain), Polygon, and KCC(KuCoin Community Chain). Assets on other networks will not be counted. The tokens counted on each network are as follows:
Chain Network Tokens Counted
Ethereum BTC, USDT, ETH, KCS, BNB, USDC, MATIC, WETH
BNB Smart Chain BTC, USDT, ETH, BNB, USDC, MATIC, BUSD, WBNB
Polygon BTC, USDT, ETH, BNB, USDC, MATIC, WMATIC
KuCoin Community Chain BTC, USDT, ETH, KCS, USDC, MJT, WKCS
1. Users can join both events at once. Each mobile device can participate with only one address.
2. Rewards will be airdropped to the user’s KuCoin wallet account within 10 working days after the event ends.
3. During the event, any abusive behavior, batch creation or restoration of wallets, or any cheating behavior shall disqualify the user from the event. KuCoin Wallet will implement these rules strictly.
4. KuCoin Wallet reserves all rights to the final interpretation of this event.
Crypto is highly volatile and contains huge amounts of risk, please proceed at your own risk. Keep the recovery key with you while creating the wallet Losing the recovery key can result in you losing your crypto.
KuCoin Wallet official community link given below