KuMEX Rate of Return Competition: 2 BTC to Give Away!

Dear KuCoin Users,

KuMEX is now fully open for trading. Deposit, withdrawal and asset transfer services are available to all users. To celebrate the full opening, KuMEX will release the first round live Rate of Return competition, with a total reward of 2 Bitcoins.

Competition Time: from August 19, 2019 00:00:00 to August 25, 2019 23:59:59 (UTC+8)

Ranking Criteria: KuMEX will list the ranking result based on the rate of return of the qualified participants.

Rate of Return=(Total equity in account at the end of the competition - Total equity in account at the start of the competition - Deposit or transfer amount to KuMEX during the competition) / ( Total equity in account at the start of the competition + Deposit or transfer amount to KuMEX during the competition)

To ensure the fairness of the competition, there shall be 2 groups in the Rate of Return competition, high frequency trading group and low frequency trading group, respectively.

Total rewards for high-frequency group: 1 BTC

• Qualification: Total equity in KuMEX account at the start of the competition + Deposit or transfer amount to KuMEX during the competition shall be no less than 1 XBT. In addition, the user needs to place more than 100 orders in total to be qualified for the high-frequency trading ranking.
• Rewards: The rewards will be equally distributed based on the rankings as follows.

Total rewards for low-frequency group: 1 BTC

• Qualification: Total equity in KuMEX account at the start of the competition + Deposit or transfer amount to KuMEX during the competition shall be no less than 0.001 XBT. In addition, the user needs to place no more than 100 orders in total to be qualified for the low-frequency trading ranking.
• Rewards: The rewards will be equally distributed based on the rankings as follows.

Note: The campaign 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. KuMEX 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 KuMEX is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuMEX are voluntary and are not forced, interfered with, or influenced by KuMEX in any way.

KuMEX will not provide any investment, legal, taxation or other advice to users over the KuMEX contract transaction, and any information about KuMEX contract trading published or sent to users by KuMEX does not constitute or form investment, legal, taxation or other related suggestions. For users needing professional advice, please seek professional financial, legal or taxation personnel for consulting services.

The KuMEX Team