Dear CoinEx users:
To provide a wider selection of crypto trading options for CoinEx users, we have decided, after rigorous listing reviews, to list Algorand (ALGO) on June 19, 2019(UTC) and support ALGO/BTC, ALGO/BCH, and ALGO/USDT trading pairs.
About Algorand
Total supply: 10 Billion
Website: https://www.algorand.com
Whitepaper: https://www.algorand.com/resources/white-papers
Introduction: https://www.coinex.com/info/project?id=3024
Hold & Mine ALGO
“Hold & Mine ALGO” will last for 30 days after ALGO is listed on CoinEx. During the promotion, based on users’ holdings and accumulative holding periods, qualified ALGO holders on CoinEx can receive all the transaction fees from its trading volume proportionately. The arrangements are as follows:
1. Promotion duration: 1 month (Please refer to future announcements for more details)
2. Participation qualifications:
- Min. holding: 100 ALGO
- Holding calculation: Daily snapshot
- Holding duration: The longer your qualified ALGO holding, the more ALGO tx fees
3. Payment coin: ALGO (Base coin), BTC, BCH, USDT (Quote coin), CET (Deducted as tx fees)
4. Allocation time: All rewards will be allocated to your Exchange wallet in 7 business days after the promotion.
Reminder
1. Please generate ALGO address and pay attention to the format before deposits.
2. Please update your APP before making ALGO deposits.
3. Accounts with 0 tx fees (Including their sub accounts) are NOT qualified for the promotion.
CoinEx reserves the final right of explanation of this announcement.
CoinEx
June 18, 2019
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