Dear CoinEx users,
CoinEx will support the QiSwap (QI) Airdrop Program for Qtum (QTUM) holders. The snapshot for the airdrop will take place at the Qtum Network block height of 793,284 at 2021-02-12 03:00 PM (UTC). The details are as follows.
QTUM Services:
1. CoinEx has been suspended QTUM borrowed from margin accounts.
2. QTUM deposits and withdrawals will be suspended starting from 2021-02-12 02:00 AM (UTC). Please note that trading of QTUM will not be affected during the airdrop.
3. Deposits, withdrawals and loans will be reopened after the snapshot is completed.
Distribution
QTUM Services:
1. CoinEx has been suspended QTUM borrowed from margin accounts.
2. QTUM deposits and withdrawals will be suspended starting from 2021-02-12 02:00 AM (UTC). Please note that trading of QTUM will not be affected during the airdrop.
3. Deposits, withdrawals and loans will be reopened after the snapshot is completed.
Distribution
We will take a snapshot of QTUM tokens held by CoinEx users at the above time, and will distribute QI tokens at a ratio of 1 QTUM = 0.5 QI.
Notes:
Notes:
1. QTUM tokens that are pending deposit or withdrawal at the time of the snapshot will not count towards your QTUM balance. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.
2. The snapshot will only include QTUM balances in spot accounts but excludes margin accounts. QTUM transferred to spot accounts from margin accounts will not be eligible for the airdrop.
3. QI tokens will be distributed after the project has completed the QI token distribution to exchanges. We will post a further announcement once the distribution is completed.
4. QI tokens will be distributed to spot accounts, and the opening time of deposit and withdrawal services will be notified.
5. For the trading and listing of QI on CoinEx, QI will go through the same strict listing review process as CoinEx does for any other coin/token. Supporting this airdrop does not guarantee the listing of QI. The default position we have is no listing.
4. QI tokens will be distributed to spot accounts, and the opening time of deposit and withdrawal services will be notified.
5. For the trading and listing of QI on CoinEx, QI will go through the same strict listing review process as CoinEx does for any other coin/token. Supporting this airdrop does not guarantee the listing of QI. The default position we have is no listing.
Please refer to the link for further information: QI Airdrop to Qtum Holders, QI token — Airdrop and Pioneers Incentive Programs
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the right of final interpretation of this announcement.
CoinEx Team
February 11, 2021
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