The People’s Exchange Marks 6th Anniversary with Exciting Margin Trading Competition
After weeks of anticipation, The People’s Exchange has finally dropped a thrilling margin trading competition to celebrate its 6th anniversary.
After learning about the total prize pool for this event, it seems like KuCoin is not holding back from spoiling its users with massive rewards, as the participants in this campaign can win up to 60,000 USDT. This just proves how thankful the exchange is for the continuous support from its dedicated users.
Also, there is no need to worry about the trading pairs required, as all the active margin trading pairs can be used to enter the competition.
If you’re thinking about joining, remember that if your trading activity doesn’t meet the minimum requirements for a particular ranking reward, you’ll receive the reward corresponding to the ranking you actually achieve. For instance, if Rank 1 needs a minimum trading volume of 30 million, but you end up with only 19 million, you’ll be eligible for rewards at Rank 3 as per the event’s rules.
The picture below demonstrates how the reward will be distributed:
The campaign started on the same day that the announcement was made public, which was yesterday and will run until the 26th of September at 16:00 (UTC). While the event seems like it will last for a good amount of time, considering how competitive KuCoin users are in such competitions, I recommend registering as soon as you can if you’re keen on securing a share of the 60,000 USDT prize pool. This way, you’ll have a better chance of winning.
Alongside the Margin trading competition, if you’re a new user signing up for leverage trading before 4:00 PM on September 20, 2023, you’ll get a free coupon worth 20 USDT. This coupon can be used to reduce interest costs by 20 USDT in Margin trading. Just a heads up though, once the total prize pool of 10,000 USDT runs out, the offer will close.
I’d also like to mention another exciting aspect of this event that I think will catch your attention. You see, during the campaign, they’ve got something in store for the top 360 users who really dive into trading on KuCoin. So what’s gonna happen is that if you’re one of those traders with a daily trading volume surpassing 1,000 USDT, you could be in for a treat.
Here’s how it works: KuCoin is offering leverage coupons worth a generous 50 USDT, and the number of coupons you receive isn’t just random; it’s actually based on your total trading volume in a single day. So, the more actively you trade and the higher your trading volume, the more of these valuable coupons you could potentially earn.
It’s a fantastic way to reward those traders who are truly dedicated to the platform and consistently engage in trading activities. These leverage coupons can be a valuable asset in optimizing your trading strategy and making the most out of your opportunities on KuCoin. So, keep a close eye on your daily trading volume during the event period, and who knows, you might find yourself on the receiving end of these 50 USDT leverage coupons as a token of appreciation for your active participation in the event.
Author’s Note
This campaign marks the start of what seems to be a series of exciting events planned by KuCoin as they celebrate their 6th year. I’m excited to see what else they have in store for us in the days to come. Are you all as excited as I am? Feel free to share your expectations for what else KuCoin might have in store in the comments below.
