PIEXGO TO LAUNCH ANKR DISCOUNT PROGRAM

Piexgo reporter
PIEXGO
Published in
4 min readOct 16, 2019

Dear users,

PIEXGO will launch an ANKR discount program at 08:00 on 21 October 2019 (UTC), where PIEXGO users can purchase ANKR tokens at a 46% discount. This campaign is only limited to 30 minutes.

Description

Purchase Token: USDT

Total Amount: 50,000 USDT

ANKR Basic Price: The Lowest CMC price during the application period

Cap: 200 USDT per user

Minimum: 30 USDT per user

Application Time: 08:00–08:30, 21 October 2019 (UTC)

Distribution Time: 10:00, 21 October 2019 (UTC)

Deposit/Withdrawal Time: To be announced

Trading Time: To be announced

Details

DISCOUNT 1 — More Participants and Higher Discount

The first discount will be determined by the number of users joining this discount program — the more users join, the higher discount they will receive. Further details on the discount as shown below:

DISCOUNT 2 — Active Trading Based on Trading Volume and Days Discount

The second discount will be determined by the number of days that users trade on PIEXGO from 16:00, 16 October — 15:59, 20 October 2019 (UTC). For each active trading day, users must trade at least twice per day and each trading volume must be greater than 25 USDT — the more days traded will result in a higher discount entitled. Further details on the discount as shown below:

DISCOUNT 3 — PXG Lottery

The third discount will be determined by the prize of PXG Lottery. Each lottery ticket costs 500 PXG, and each user can win only once. The lottery prize is limited and the lottery fee will not be refunded if users do NOT win the lottery. Further details of the discount as shown below:

Details

After the user clicks on ‘APPLY’, the system will automatically pre-lock the amount of PXG. After the campaign ends, the actual amount of USDT used will be deducted, and the remaining amount will be unlocked.

NOTICE: In order to be entitled to DISCOUNT 2&3, users must apply for the token sale and get DISCOUNT 1 first.

Disclaimer: Although the total application amount on PIEXGO is less than 50,000 USDT, it will still be calculated as 50,000 USDT.

The actual purchasing amount of ANKR will be calculated as follows:

The actual purchasing share of ANKR per user = [50,000 USDT] / [The total application amount on PIEXGO] * [The total application amount of each user]

The final discount of ANKR per user = Discount 1 + Discount 2 +Discount 3

Discount Price = [ANKR Basic Price] * [1 — The final discount of ANKR per user]

The final amount of ANKR token per user = [The actual purchasing share of ANKR per each user]/ Discount Price

For example: If 1,131 users join the token sale, the total application amount is 200,000 USDT, ANKR basic price is 0.0025 USDT. User A purchases 300 USDT, has 4 active trading days and wins the diamond prize, the discount price is 0.00115 = (0.0025*(1-(20%+30%+14% ))) USDT, allowing user A to be entitled to (50,000/200,000*300)/0.00115 = 65,217.39 ANKR.

Steps

1. Register on PIEXGO and complete the KYC process.

2. Please ensure that you have held or purchased a sufficient amount of USDT into your account before participating in the campaign.

3. At the end of the campaign, PIEXGO will summarise all the applications, calculate, send the final amount of ANKR tokens to each user, and unlock the remaining amount of PXG.

4. Malicious behaviour is prohibited during the event. If the system detects multiple repeated participations or other malicious activities from the same IP, PIEXGO has the right to disqualify the user.

5. All rights are reserved by PIEXGO.

Risk Reminder: Digital currency investment is a high-risk investment, and prices can fluctuate tremendously. Please rationally judge all the related risks as well as your investment capacity and make investment decisions cautiously. PIEXGO endeavours to offer high-quality tokens; however, will not be responsible for any guarantees, compensations or outcomes related to investors’ activities.

PIEXGO Team

16 October 2019

--

--