Dear CoinW users:
CoinW will list FTX(FTT) and open the FTT/USDT trading pairs on Main Zone on 11/8 12:00(UTC), and will list FTT 3L/USDT,FTT 3S/USDT on ETF zone on 11/8 13:00 (UTC). Details are as follows:
Deposit:11/9/2022 11:00 (UTC)
Trade: 11/8/2022 12:00 (UTC)
Withdraw: 11/12/2022 11:00 (UTC)
FTT Project Information: See the details below
Analysis: CoinW Institute - FTT Project Analysis
To celebrate the listing of FTT, CoinW will list battle in the trading contest to win rewards events. Details are as follows：
Event time: 2022/11/8 12:00 – 2022/11/10 15:59(UTC)
Event participation currency
Spot area: FTT, BIT, SOL, BNB
ETF area: FTT 4L, FTT 4S, BIT 4L, BIT 4S, SOL 6L, SOL 6S, BNB 6L, BNB 6S
Battle in the trading contest to win rewards
Users who trade in the designated currency in the spot zone (the spot area/ETF area) can rank according to the comprehensive value of the respective transaction volume ratios of the currency area and the ETF area during the event to obtain corresponding rewards. The rules are as follows:
Comprehensive value = spot area transaction volume * 20% + ETF area transaction volume * 80%
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Comprehensive value ranking
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The proportion of spot transaction volume
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The proportion of ETF transaction volume
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Reward（USDT-ETF）
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1
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20%
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80%
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100
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2
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60
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3
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30
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4-50
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10 USDT /person
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51-300
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5 USDT /person
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301-500
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3 USDT /person
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Token Name: FTT
Project official website: https://ftx.com/
Block query:
https://etherscan.io/token/0x50d1c9771902476076ecfc8b2a83ad6b9355a4c9
https://explorer.solana.com/address/AGFEad2et2ZJif9jaGpdMixQqvW5i81aBdvKe7PHNfz3
Project Introduction:
The FTT token is the utility token of the FTX ecosystem. FTX is a crypto derivatives trading platform built by cryptocurrency liquidity provider Alameda Research.
Event Description:
1. Calculation method of comprehensive value: comprehensive value = transaction volume in spot area * 20% + transaction volume in ETF area * 80%;
2. Cumulative transaction volume = buy volume during the event + sell volume during the event;
3. Event rewards will be distributed within 5 working days after the event ends;
4. Event rewards will be issued in the form of USDT equivalent ETF tokens;
5. Event rewards will be calculated at the price at 16:00 after the event ends;
6. In order to ensure the fairness of the event, CoinW strictly prohibits cheating such as malicious brushing and batch registration of small accounts. If the user has any illegal operation that affects the normal operation of the activity, the CoinW platform will immediately disqualify the award, and in serious cases, the account will be frozen;
7. Market makers do not participate in activities as independent accounts;
8. The final interpretation right of the event belongs to CoinW. If you have any questions, please contact CoinW customer service for consultation.
CoinW official site: https://www.coinw.com/
CoinW download :https://www.coinw.com/mobile/download.html
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CoinW
2022/11/8
