Now You Can Purchase COTI with Credit Card on KuCoin: 500,000 COTI Giveaway!

COTI
COTI
Published in
3 min readJul 23, 2020

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Two days ago, we announced that COTI can be purchased directly using credit and debit cards, all over the world. This new feature is a game-changer and will add a huge liquidity source to our network and coin, as the process of purchasing COTI becomes significantly more easier and accessible.

COTI is now available to be purchased directly from the KuCoin platform!

Therefore, to celebrate such big news, we are launching three campaigns with KuCoin and giving away a total reward pool of 500,000 COTI to qualified KuCoin users.

The campaigns will run from 18:00:00 on July 24th, 2020 to 18:00:00 on July 31st, 2020 UTC+8 (10:00 am UTC).

Campaign 1:

Buy COTI with a Credit Card: Top 20 Purchases will Win a Share of 150,000 COTI!

The top 20 accounts with the highest purchase amounts of COTI on KuCoin through Simplex will win a share of 150,000 COTI rewards in proportion to their purchase amount.

Reward for the top 20 accounts = (Each user’s total purchase volume / Top 20 users’ total purchase volume) × 150,000 COTI

Campaign 2:

Net Buying Competition: Top 10 Traders will Win a Share of 150,000 COTI!

The top 10 accounts with the highest net buying amounts of COTI (buys — sells — withdrawal) on KuCoin will win a share of 150,000 COTI rewards!

Campaign 3:

Participation Award: Win a Share of 200,000 COTI!

A pool of 200,000 COTI will be evenly split between all qualified traders who have a COTI net buying volume (buys — sells — withdrawal) of 6,000 COTI or more over the course of the competition period.

Reward for each qualified KuCoin User = 200,000 COTI Tokens/Total number of qualifiers.

Rules:

  1. Only the COTI bought through Simplex will count towards the purchase amount (Activity 1);
  2. Net buying volume: buys — sells — withdrawal;
  3. The Sub-Account and Master Account will be treated as the same account when participating in the activity;
  4. Winners of the Top 10 Traders (Activity 2) will not be eligible to receive the participation reward (Activity 3);
  5. KuCoin will update the Top 20 users by purchase amount (Activity 1) and Top 10 traders (Activity 2) rankings before 21:00 on July 20, 2020 (UTC+8). The final rankings will be updated within 3 days of the competition ending;
  6. Rewards will be distributed within 7 days of the campaign ending;
  7. The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and is not forced, interfered with, or influenced by KuCoin in any way.

For more information and questions about the campaigns, please contact KuCoin in their official Telegram group and read the KuCoin announcement here.

Stay COTI!

For all of our updates and to join the conversation, be sure to check out our channels:

Website: https://coti.io

Twitter: https://twitter.com/COTInetwork

Telegram: https://t.me/COTInetwork

Github: https://github.com/coti-io

Discord: https://discord.me/coti

Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

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COTI is the fastest and lightest confidentiality layer on Ethereum.