As part of its commitment to prioritizing user security and satisfaction, KuCoin, known as the People’s Exchange, has announced another airdrop for its loyal users. This comes after it offered a massive $10 million airdrop plan for its users. Hence, KuCoin users are ecstatic to participate in the reward program.

How To Claim $10 Million Airdrop?

This airdrop initiative aims to apologize to those affected by recent withdrawal congestion and express appreciation to existing users on KuCoin. If you’re eligible for the airdrop, here’s a comprehensive guide on how to claim it.

1. Check Eligibility: Ensure that you experienced withdrawal congestion between March 26, 22:00, and March 28, 00:00 (UTC+8) to qualify for the airdrop. If you meet the criteria, proceed to claim your airdrop.

2. Amount and Distribution Rules: The total airdrop amount is $8.95 million, distributed in equivalent BTC/KCS tokens. Moreover, the distribution is based on the duration of withdrawal congestion experienced by KuCoin each user, ranging from 5 to 200 USDT in airdrop value. Whilst, the distribution will be completed within one week from the announcement date.

3. Claiming Process: The airdrop will be issued in the form of token vouchers, which can be exchanged 1:1 for BTC/KCS tokens within seven days. Log in to the KuCoin crypto exchange app and navigate to the “My Coupons” section to claim your airdrop. Follow the prompts to redeem your token vouchers and convert them into BTC/KCS tokens seamlessly.

Also Read: Shiba Inu Price Dips 6% As Whale Dumps 1.4T SHIB To KuCoin

New Airdrop Plan By KuCoin

Earlier, the KuCoin airdrop plan was only aimed at users who faced withdrawal congestion issues. However, KuCoin announced today that other loyal users would also be eligible for an airdrop. The Existing User Airdrop Plan by KuCoin is aimed at users who held substantial assets in their account during the specified period and did not withdraw any assets.

These users may be eligible for a larger airdrop. However, the details of the specific airdrop plan for existing users is still under wraps. The details will be announced in the coming week.

Moreover, KuCoin urges users to keep an eye on further updates to ensure you don’t miss out on additional benefits. Also, it’s important to note that some users may not receive the airdrop due to regulatory restrictions imposed in their location.

Also Read: KCS Plunged 18% This Week Amid Kucoin’s Regulatory Woes

The post KuCoin Teases Another Major Airdrop As Users Queue To Claim $10M Rewards appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am