Dear CoinW users:
CoinW introduces an initial listing: XION/USDT trading pair on Layer1 Zone, and hosts a “XION bounty program” with a reward pool of 10,000 USDT up for grabs! Details are as follows：
Deposit: TBD
Trading: 12/5/2024 10:00 (UTC)
Withdrawal: TBD
Project Analysis: CoinW Institute - XION Project Analysis
Event Duration: 2024/12/5 10:00----2024/12/12 16:00(UTC)
Featured Coin: XION
Event 1: Register and Deposit - Stack Your Rewards!
New users registered during the event, who traded XION/USDT no less than 100 USDT will receive a random airdrop of 3 USDT worth of XION! Additionally, users who deposit more than 100 USDT will receive an extra 3 USDT. It's on a first-come, first-served basis till all are given out, so don't miss out!
*Total Prize Pool: 3,000 USDT worth of XION
Event 2: Trading Bounty, Share the 5,000 USDT Prize Pool
Participants in XION/USDT trading with a transaction volume not less than 100 USDT will have the opportunity to share a prize pool of 5,000 USDT equivalent in XIONtokens, distributed based on the proportion of their cumulative trading volume.
*Individual Share = (Individual Cumulative XIONTrading Volume / Total Cumulative XIONTrading Volume of All Users) * 5,000 USDT equivalent in XION
In summary, users meeting the minimum trading volume requirement will be eligible to receive a portion of the prize pool based on their contribution to the total trading volume in XION/USDT pairs. The more a user trades, the larger their share of the prize pool.
Event 3: Share the Joy - Invite Friends to Get Up To 100 USDT!
During the campaign period, invite new users to register, complete their KYC, and conduct a XION/USDT spot transaction not less than 20 USDT to unlock a prize pool totaling 2,000 USDT worth of XION. For every successful invitation, receive a reward starting from 3 USDT worth of XION. Rewards are given out on a first-come-first-served basis.
Each invited user must register through the inviter's affiliate link to qualify. Rewards distribution as follow
| New User Invited | Reward |
| 1 | 3 USDT worth of XION/new invite |
| 3 - 5 | 20 USDT worth of XION |
| 5 - 10 | 40 USDT worth of XION |
| >= 10 | 100 USDT worth of XION |
*Total Prize Pool: 2,000 USDT worth of XION
Event Details:
- Rewards can be accumulated.
- Event rewards will be distributed within seven working days after the event ends.
- Event rewards will be valued at the price at 24:00 after the event ends.
- To ensure the fairness of the event, malicious activities such as cheating, mass registration of fake accounts, etc., are strictly prohibited. Users engaging in activities that disrupt the normal operation of the event will have their eligibility revoked, and severe cases may result in the suspension of accounts.
- Market makers are not eligible to participate as independent accounts.
- CoinW reserves the right to the final interpretation of the event. If you have any questions, please contact CoinW Customer Service.
About XION
Project Overview: Burnt (XION) is a Layer 1 blockchain designed to simplify the consumer experience by eliminating technical barriers associated with cryptocurrency. It offers a range of features, including seamless fiat currency conversions, direct credit card purchases, user-friendly Web2-style login, mobile-optimized secure account management, and the benefit of gas-free transactions.
Full Token Name: XION
Token Symbol: XION
Official Website: https://xion.burnt.com/
Documentation: Not available
Blockchain Explorer: https://explorer.burnt.com/xion-testnet-1
Liquidity Query: Not available
*Risk Warning:
XION is a newly listed asset, and its initial price may experience significant fluctuations, leading to partial or total losses. Users are advised to participate cautiously and carefully consider their experience in trading digital assets and their risk tolerance before making any buying or selling decisions. CoinW's announcements and information do not constitute any trading advice. CoinW will not be liable for any direct or indirect losses resulting from reliance on this information. CoinW does not assume any guarantee or compensation responsibility for user-initiated actions such as purchases or lockups.
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CoinW
2024/12/4