tl;dr

KuCoin, a global cryptocurrency exchange, has announced a significant $8.95 million BTC/KCS airdrop initiative to compensate users affected by withdrawal delays from March 26 to March 28, 2023. Eligible users can expect airdrops ranging from 5 to 200 USDT, with the distribution process set to conclu...

KuCoin, a global cryptocurrency exchange, has announced a significant $8.95 million BTC/KCS airdrop initiative to compensate users affected by withdrawal delays from March 26 to March 28, 2023. Eligible users can expect airdrops ranging from 5 to 200 USDT, with the distribution process set to conclude within a week. Users can claim their airdrops through the platform and KuCoin plans to unveil a broader Airdrop Plan for those with substantial assets during the specified timeframe. However, potential restrictions due to regional regulatory policies may apply, and KuCoin retains the right over event interpretation and execution. The exchange expresses gratitude for user support and emphasizes its commitment to providing high-quality, secure services, urging users to follow official channels for updates.


In an unprecedented move to express gratitude towards its user base and enhance community trust, KuCoin, a global leader in the crypto industry, has announced an exciting initiative to airdrop in Bitcoin (BTC) and its native token, KCS. This initiative stems from KuCoin’s commitment as the People’s Exchange to prioritize the security of user assets and ensure a seamless user experience.


In the official announcement, KuCoin has announced an airdrop initiative amounting to $8.95 million in BTC/KCS equivalent, aimed at compensating users who encountered withdrawal delays from March 26, 22:00, to March 28, 00:00 (UTC 8). Eligible users will receive airdrops ranging between 5 to 200 USDT, with the entire distribution process expected to wrap up within a week. To claim their airdrop, users will be granted compensation credit vouchers equivalent to the airdrop amount, redeemable for BTC/KCS tokens within a seven-day period. These vouchers can be claimed through the “My Coupons” section after logging into the KuCoin platform.


In addition to this immediate relief effort, KuCoin acknowledges the essential trust users place in its platform and has thus outlined a broader Airdrop Plan specifically for existing users who held substantial assets in their accounts during the mentioned time frame. Further details regarding this plan will be unveiled next week. It’s important to note that regional regulatory policies might restrict the availability of this airdrop, and KuCoin reserves ultimate right over the interpretation and execution of this event.


KuCoin appreciates the understanding and support of its global user community and is committed to continually providing high-quality, secure services. Users are encouraged to follow KuCoin’s official channels for further information and updates.


ABOUT KUCOIN

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 800 digital assets and currently provides Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 30 million users in more than 200 countries and regions. KuCoin is currently one of the top 8 crypto exchanges. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and recognized as a highly commended global exchange in Finder’s 2023 Global Cryptocurrency Trading Platform Awards. Learn more at website.

Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 21 Sep 24
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