Bithumb Listing Details
BASIC x Bithumb Airdrop and Listing
Bithumb Announcement
It’s official! We’re thrilled to annouce that $BASIC will be listed on Bithumb.com under the trading pair of BASIC/KRW.
BASIC will be listed at 5pm KST on Bithumb & Bithumb Global. To celebrate BASIC being part of Bithumb exchange, there will be an airdrop event worth 200million KRW (approx. 162,000 USD). Check the details below.
Fellow Bithumb Users,
We are pleased to announce that BASIC Token(BASIC) will be listed on Bithumb today.
We will also run ‘12.6 Million, 14.8 BTC Airdrop Event’ in order to celebrate our new listing.
The details about the event are as follows.
1. Listing details of BASIC Token(BASIC)
■ Timeline for listing : 2020.04.01 (Wed) at 5:00 PM (KST)
■ Open date of Deposit address : 2020.04.01 (Wed) at 2:00 PM (KST)
■ Available channel : PC Web, Mobile, API
■ Virtual Asset Review report : Shortcut >>
2. Notice for BASIC Token(BASIC)’s 12.6 Million Airdrop Event for Trading
■ Event Period : 2020.04.01 (Wed) ~ 2020.04.03 (Fri) until midnight
■ Event details : BASIC Token(BASIC) will be distributed in accordance with each daily contribution rate during the event period. (for 3 days)
** Contribution Rate(%) = (Total BASIC transaction amount of member A during the event period / Total BASIC transaction amount during the event period) %
** When the reward of deposit applied : Daily transaction amount of BASIC * Daily weight (%)
** Identical amount of deposit will be applied with same daily weight
2–1. BASIC Token(BASIC)’s Reward of deposit for Trading
■ Event Period : 2020.04.01 (Wed) 00:00 ~ 2020.04.03 (Fri) 24:00 (KST)
■ Event details : Reward of deposit for trading will be applied to Top 100 customers of KRW and designated coins(BTC, ETH, XRP, BASIC)’s daily amount of external deposit during each day of event period.
** Example for application of weight = (Total BASIC transaction amount of member A during the event period * Daily weight %)
ex) If member A won the 1st place of external deposit amount on 4/1, his/her’s BASIC 4/1 trading amount will be applied with 500% of daily weight for the Trading contribution event.
→ 100 million(Member A’s 4/1 transaction amount of BASIC) * 500%(Weight for 1st place) = 500 Million(Final transaction amount for member A on 4/1)
** If KRW and all virtual assets on Bithumb are withdraw during the event period(starting after the announcement), the participation will be disqualified for the reward of deposit for trading.
** Standard of BTC, ETH, XRP, BASIC’s deposit amount convert to KRW : Market price at the time of external deposit
3. BASIC Token(BASIC)’s Airdrop Event for Accumulation of transaction
■ Event Period : 2020.04.01 (Wed) ~ 2020.04.03 (Fri) until midnight
■ Event details : 14.8 Bitcoin(BTC) will be distributed in accordance to customers with highest accumulation of BASIC Token(BASIC) transaction during the event period. (for 3 days)
** Accumulation of transaction(KRW) = Total BASIC transaction amount of member A during the event period
** Payment will be trimmed by 4 decimal places (ex. Payment smaller than 0.0001 BTC will be excluded)
4. BASIC Token(BASIC)’s Distribution announcement of Pre-event
4–1. BASIC Token(BASIC)’s Pre-event for DAY 1
■ Period : 2020.03.30 (Mon) 12:00 PM ~ 2020.03.30 (Mon) 12:30 PM (KST)
■ Standard provision :
□ 1 BASIC per 11,000 KRW of trading will be orderly distributed from every 12:00 PM (KST).
□ Targeted for the customers who bought virtual asset in Bithumb during the event period.
□ Daily total distribution amount : 23,750,000 BASIC
□ Limitation per an account : 1,000,000 BASIC
4–2. BASIC Token(BASIC)’s Pre-event for DAY 2
■ Period : 2020.03.31 (Tue) 12:00 PM ~ 2020.03.31 (Tue) 24:00 (KST)
■ Standard provision :
□ 1 BASIC per 13,000 KRW of trading will be orderly distributed from every 12:00 PM (KST).
□ Targeted for the customers who bought virtual asset in Bithumb during the event period.
□ Daily total distribution amount : 23,750,000 BASIC + Remainders of the previous day’s event
■ Provision date : A lump-sum payment will be made when the deposit is opened.
** Distributed BASIC can be verified on My page > My Asset
5. Caution
■ This event will be limited to trading of BASIC Token(BASIC) which has been newly listed on Bithumb.
■ A lump-sum payment of Airdrop will be made on April 10, 2020 (Fri).
■ If the transaction is considered as illegal or abnormal, you will not be eligible for the event participation.
** Transaction occurred from Exchange or Foundation’s account will be considered as abnormal transaction, which will not be eligible for the event participation.
■ Prime members and customers who have participated in other events on Bithumb will be excluded from this event. (Duplicate participation are available for the first deposit of New listing airdrop event)
■ Event 2 and Event 3 are eligible for duplicate participation.
We greatly appreciate your support and look forward to your active participation.
Thank you.
The exact link to the announcement can be found here
We look forward to your participation!
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