Dear CoinEx users,
To provide you with more options in crypto trading, after rigorous reviews, CoinEx is planning to list ERG and support deposit on July 24, 2020 (UTC). And its trading pairs ERG/BTC and ERG/USDT will be available from July 28 (UTC). For the celebration of ERG launch, CoinEx will hold the following events.
About ERG
Website | Explorer | White paper
The Ergo platform aims to provide an efficient, secure, and easy way to implement financial contracts that will be useful and survivable in the long term. Ergo describes itself as a self-amendable protocol that reportedly allows it to absorb new ideas and improve itself in a decentralized manner.
ERG Services
1. Deposit: 3:00 July 24 (UTC)
2. Withdrawal: 3:00 August 5 (UTC)
3. Trading pairs: ERG/BTC, ERG/USDT
4. Opening method: Call Auction
a. Opening Time
8:00-8:50 July 28, 2020 (UTC)
Orders can be placed and cancelled
8:50-9:00 July 28, 2020 (UTC)
Orders can be placed but cannot be cancelled
b. Trading
9:00 July 28, 2020 (UTC)
Event 1: Deposit to share 27,000 ERG
Duration: 3:00 July 24 - 16:00 July 31, 2020 (UTC)
Rules: During the event, CoinEx users with a net deposit of 1,000 ERG are qualified for the ranking. The top 450 users ranked by the deposit time can get a reward of 60 ERG for each.
Event 2: Trade to share 8,000 ERG
Duration: 9:00 July 28 - 16:00 July 31, 2020 (UTC)
Rules: During the event, CoinEx users with a net buying (buying - selling) of more than 500 ERG can participate in the ranking and grab a share of 8,000 ERG (see below).
No.1: 1,500 ERG
No.2: 1,300 ERG
No.3: 1,000 ERG
No.4 - No.10: Equally share 2,400 ERG
No.11 - No.20: Equally share 1,800 ERG
Notes:
1. Net Deposit= Deposit - Withdrawal; Net Buying= Buying - Selling - Withdrawal. During the event, any operation related to Red Packet feature will be deemed as withdrawal.
2. During the event, should any cheating behavior be found, the user will be disqualified.
3. Market making account is not included in this event.
4. The sub-account is not allowed to participate as an independent account, and the deposit amount of sub-account and leveraged account is also calculated into the main account.
5. Inter-user transfer is not included in the deposit amount.
6. Withdrawal will be suspended during the event and resumed after its end.
7. Reward distribution: Event rewards will be issued within 2 weeks after the event.
8. CoinEx reserves the right of final interpretation of these events.
CoinEx Team
July 22, 2020
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