KuCoin Leveraged Tokens Are Coming - We Are Looking for Test Users!
Dear KuCoin Users,
In order to improve the user experience and provide users with more trading options, KuCoin will be launching leveraged tokens!
KuCoin Leveraged Tokens are tokens with the added benefit of leverage. Traders also amplify their investment returns with leverage by simply buying and selling leveraged tokens (it’s essentially the same as trading in the Spot Market) without paying any principal. Leveraged Tokens effectively increase profit and avoid liquidation risk through the mechanism of automatically adjusting leverage. Their features include no risk of liquidation, no need to pay margin, and automatic compound interest.
We invite you to participate in the leveraged tokens sandbox environment test and share a 5,000 USDT prize pool!
Recruitment Period: From 09:00:00 on Mar 3rd, 2021 to 15:59:59 on March 7, 2021 (UTC).
Rules：
1. Please make sure to fill in the form to register. KuCoin will select a portion of the registered users to participate in this test activity. The selected users will receive a formal invitation email for the sandbox test and will get access to the Leveraged Tokens Test User Group on Telegram to participate in the test.
2. This test will be carried out in a sandbox environment (only the website version is supported, the app is currently not available).
3. All users who successfully participate in the test have the opportunity to share a prize pool of 5,000 USDT. The specific rules will be announced in the Leveraged Tokens Test User Group.
Note:
1. Institutions are excluded from these activities.
2. For any duplicate or fake accounts found to be cheating or attempting to conduct fraudulent behaviors, the platform will withhold the distribution of the rewards; for any manipulations attempting to get the rewards illegally, the violators will be deprived of the qualification for the rewards.
3. Prizes will be distributed within 7 working days after the activity.
4. KuCoin reserves all rights to the final explanation of the event.
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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