How to get your CyberMiles Token if you’re a COB token holder
Guide to claiming your CMT if you have COBs + COBINHOOD Account
🚀 Have an active account on COBINHOOD & Get CMT tokens for 1 COB
If you’re a COB token holder with an active account on COBINHOOD, you need to pay 1 COB and follow the guidelines below to obtain your CMTs.
Update as of 4th January 2018:
When you log in starting January 6th, you need to confirm that you meet the minimum COB amount and citizenship requirements to be eligible to receive CMT tokens. The Cybermiles team are complying with US regulations; thus, US citizens can not own and trade CMTs (and therefore ineligible to join this distribution).
Trade 1 COB to receive CMT BY CLICKING THE “I agree” BUTTON ON YOUR DASHBOARD THAT WILL APPEAR from 6 January 2018 00:00–5 March 2018 23:59 UTC+0).
Reminder for users about receiving CMT tokens.
To receive CMT in your COBX account, make sure you:
- Deposit your COB in COBINHOOD Exchange before January 5 00:00 UTC+0.
- Your account’s COB holdings will be assessed for eligibility** (501 COB minimum) at exactly January 5 00:00 UTC+0. Make sure you have the minimum COB amount required to receive CMT, check here: http://cobinhood.com/cob2cmt
- Log in to COBX starting Jan 6 to confirm your willingness to receive CMT (click “I Agree” on the landing page that will appear from 6 January 2018 00:00–5 March 2018 23:59 UTC+0).
- The Cybermiles team are complying with US regulations; thus, US citizens can not own and trade CMTs — and therefore ineligible to join this distribution. (also Cybermiles never really allowed US participation in their ICO)
**⚠️ REMINDER: To make way for the accounts assessment, ALL COB TRADING PAIRS WILL BE PAUSED FOR 10 MINUTES (00:00–00:10 UTC+0 January 5). If transactions are done within that 10-minute period, it will reflect thereafter ⚠️
- An account should trade 1 COB to avail CMT (one-time payment).
- Make sure to have an active account on the COBINHOOD exchange before 5 January 2018 00:00 UTC+0.
- Make sure to deposit COBs into your account before 5 January 2018 00:00 UTC+0.
- The account needs to have at least 500 COBs in their COBINHOOD account to qualify.
- On 5 January 2018 00:00 UTC+0, the COBINHOOD team will assess the amount of COB tokens an account holds. A COB account holder should meet the issuing criteria below to receive their CMTs.
- A user shall receive their CMTs on the same account used to exchange their COB to CMT.
- Citizens of the United States may NOT be eligible to join this event due to the latest US ICO regulation. We are currently discussing with the team from CyberMiles, will make an announcement before 5 Jan. [Dec 24 update] The Cybermiles team are complying with US regulations; thus, US citizens can not own and trade CMTs (and therefore ineligible to join this distribution).
🎁 ISSUING CRITERIA:
(Updated 2nd Dec.)
✅ UPDATE: Yes! The numbers have finally been crunched! We are pleased to announce that the CyberMiles and COBINHOOD teams have jointly worked out the final amount of tokens that will be distributed to the COB community. Some amount may be different from the initial estimation, which you can check here at our handy COB to CMT ⇥ calculator ⇤
Please remember, a COB holder must pay out 1 COB to exchange for CMTs.
🗓 IMPORTANT DATES:
- Account assessment date: 5 January 2018 00:00 UTC+0
- CMT claiming period: 6 January 2018 00:00–5 March 2018 23:59 UTC+0
Thank you for all your support. Our goal is to provide the ultimate trading experience for all traders around the globe, and we will keep making efforts to bring the most significant benefits to all COB holders.
Issuing CMTs for COB holders will be based on the data gathered on 5 January 2018 00:00 UTC+0.
If a COB holder does not receive their CMT because they failed to meet the criteria and eligibility requirements listed above, the COBINHOOD and CyberMiles teams are not responsible for making any further arrangements or other compensation actions.