[ANN] MEDX listed on UPbit, Korea’s No.1 exchange
We are thrilled to announce that MEDX, our ERC20 token, is now listed on Korea’s largest crypto exchange, UPbit! The exchange has over 1.2 million users and has the largest trading volume in Korea.
UPbit is a crypto exchange of DUNAMU, a Korea-based fintech company which also developed Kakao Stock application. Last year, the company has signed an exclusive contract with Bittrex, US-based crypto exchange, and has been able to keep UPbit’s trading volume the largest in Korea, and 9th biggest worldwide(CoinMarketCap MAX Daily trading volume 2.5 billion USD). On UPbit, deposits can be made in KRW, BTC, ETH, and USDT, and MEDX will be traded in KRW. This listing on the country’s largest exchange will strengthen our presence in crypto market, not to mention the ease of trading.
Last but not least, there will be also a payback event for users who deposit/trade MEDX on UPbit. Please read the instructions carefully!
1)Daily trading amount calculation schedule and amount:
- Day 1 : October 5, 2018 Listing — October 6, 2018 9:59AM KST (50,000,000 MEDX)
- Day 2 : October 6 2018 10:00AM KST — October 7 09:59AM KST (50,000,000 MEDX)
- Day 3 : October 7, 2018 10:00AM KST — October 8, 2018 09:59AM KST (50,000,000 MEDX)
- Day 4 : October 8, 2018 10:00AM KST — October 9, 2018 09:59AM KST (50,000,000 MEDX)
*Total amount of MEDX to be rewarded during event period: 200,000,000 MEDX
*Trading amount will be calculated every day at 10:00AM KST. Multiple paybacks can be made to the same account.
2) Eligibility and amount
- Market: MEDX/KRW market
- Eligibility: users who trade(sell/buy) MEDX in KRW market during the event period
- Amount: 0.065% of your daily MEDX trade amount (130% payback of your trade fee)
Maximum amount per account per day: 1,000,000 MEDX
You may participate in all 4 days of the event with one account but cannot participate in the same-day event with multiple accounts. *Multiple accounts with either the same name, DOB, email address, or mobile number will be considered as the same user. Only the account with the most MEDX will be enrolled in the event.
An additional announcement will be made on October 10th regarding the distribution.
4) Distribution time
October 17, 2018 (subject to change)
- The listed token, MEDX, is ERC20. (MED is QRC20)
- 1 MEDX will be swapped into 0.5 MED mainnet coin once MediBloc launches its mainnet. Please read the announcement for more details.
- MediBloc is constantly looking for ways to expand its presence in the crypto market for its investors and holders. Please stay tuned as we have many more exciting news to share!
Go to UPbit exchange: https://upbit.com/