$PEL Trading Contest on KuCoin

Propel
3 min readDec 9, 2021

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$50,000 worth $PEL to be won!

Propel is an all-in-one blockchain infrastructure provider whose offerings include Metaverse-as-a-Service, DeFi-as-a-Service, and Staking-as-a-Service. The solutions offered by Propel can be used to create an entire DeFi ecosystem on multiple blockchains in no time.

KuCoin is a centralized cryptocurrency exchange, and according to CoinMarketCap, it has approximately more than 503 tradable cryptocurrencies; it has more than eight million users across 207 countries all over the world.

A trading contest on KuCoin will help Propel spread awareness of its products and services across the globe. It will allow $PEL traders to take use of the advantages of a large centralised exchange while also facilitating the wider adoption of Propel’s products. We are excited about what lies ahead.

The campaign will run from 10:00:00 on December 9, 2021, to 10:00:00 on December 16, 2021 (UTC).

Find details on the Contest below:

Activity 1

Win a share of a PEL Prize Pool Worth $40,000. The top 100 accounts with the highest trading volume (buys + sells) of PEL on KuCoin will win a share of $40,000 in PEL!

The rewards will be distributed as follows:

Please note: The reward for the top 31–100 winners = (Each user’s total trading volume/ all qualified users other than the top 30 winners’ total trading volume) * $15,000 in PEL.

Activity 2

Participation Rewards, Win a Share of a PEL Prize Pool Worth $10,000!

Users who have a trading volume that reaches 500 PEL or more, pass KYC1, and add the PEL/USDT trading pair to their Favorites list will evenly split a PEL prize pool worth $10,000.

Note:

  1. Trading Volume = buys + sells.
  2. The quantity of rewards will be calculated based on the average closing price of PEL/USDT during the campaign period.
  3. The Sub-Accounts and Master Account will be treated as the same account when participating in the PEL activity.
  4. Winners of Activity 1 will not be eligible to receive the Activity 2 rewards.
  5. KuCoin will update the top 10 rankings of Activity 1 before 13:00 on December 14, 2021 (UTC). The final rankings will be updated within 5 working days of the campaign ending.
  6. Rewards will be distributed within 7 working days of the campaign ending.
  7. The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and is not forced, interfered with, or influenced by KuCoin in any way.

About Propel

Propel is a global blockchain infrastructure solution platform that offers end-to-end, plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects. Propel’s solutions are available for multiple blockchain ecosystems and include multi-chain capabilities.

Propel holds the distinction of being the only provider offering DaaS (DeFi-as-a-Service), MaaS (Metaverse-as-a-Service), and Staking solutions under a single umbrella.

Learn more about Propel:

Website | Twitter | Medium| Telegram Community | GitHub

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Propel
Propel

Written by Propel

MaaS(Metaverse as a Service) & DaaS (DeFi as a Service) Infrastructure Provider

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