MELOS Spot Grid Trading Competition: Share a MELOS Prize Pool Worth $10,000!

MELOS Spot Grid Trading Competition: Share a MELOS Prize Pool Worth $10,000!

03/30/2022, 09:28:14


Dear KuCoin Users,

To give back to KuCoin users for their support of MELOS, we will be launching a campaign to give away a MELOS reward pool worth $10,000 to all qualified KuCoin users.

Event Time: 12:00:00 on March 30, 2022 to 12:00:00 on April 6, 2022 (UTC)

Activity 1: Join the APR Competition and Share $3,000 in MELOS!

At the end of the activity, the system will rank the APRs of the MELOS Spot Grid trading bots that are created during the activity, have a total investment of ≥100 USDT, have run for more than 24 hours, and maintain an arbitrage number >0. If users have more than one MELOS Spot Grid trading bot, then the one with the highest APR will be counted. The top 20 users by APR will share $3,000 in MELOS. The details are as follows:

🥇Top 1 $500 in MELOS
🥈Top 2 $250 in MELOS
🥉Top 3 $200 in MELOS
Top 4-10 $150 in MELOS each
Top 11-20 $100 in MELOS each

Activity 2: Join the Profit Battle and Share $3,000 in MELOS!

At the end of the activity, the system will rank the profit amount of the MELOS Spot Grid trading bots that are created during the activity, have a total investment of ≥100 USDT, have run for more than 24 hours, and maintain an arbitrage number >0. If users have more than one MELOS Spot Grid trading bot, then the one with the highest profit amount will be counted. The top 20 users by profit amount will share a MELOS prize pool worth $3,000. The details are as follows:

🥇Top 1 $500 in MELOS
🥈Top 2 $250 in MELOS
🥉Top 3 $200 in MELOS
Top 4-10 $150 in MELOS each
Top 11-20 $100 in MELOS each

Activity 3: New User Reward & Share $4,000 in MELOS

The first 200 new users who create a MELOS Spot Grid trading bot during the activity with a total investment of ≥100 USDT and keep it running for more than 72 hours will win an equal share of a MELOS reward pool worth $4,000. Each account is limited to having one trading bot participate in the activity. (Limited to 200 spots, first come, first served!)

*New users refer to those who have never created the bots before.


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Note:

1. At most 1 Bot can be shortlisted for each account of the above activities;

2. Users can participate in all activities above at the same time;

3. Investment amount is the amount of USDT displayed when the bot is running. Users can check the investment amount of their stopped trading bots on their Historical Profit page marked ‘Investment USDT’;

4. The quantity of rewards will be calculated based on the average closing price of MELOS/USDT during the campaign period;

5. Rewards will be distributed within 15 working days after the activity ends;

6. The trading activity 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. KuCoin 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 KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and is not forced, interfered with, or influenced by KuCoin in any way;

7. KuCoin reserves all rights to the final explanation of the event.