CoinEx to award KIN tokens for trading and CET staking

On September 10, the CoinEx exchange listed the KIN token. To mark the occasion, the exchange will award 60 million KIN in a trading contest and airdrop 50 million KIN for staking CoinEx Token (CET).

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Users with a trading volume above 100 USDT on the KIN/USDT market automatically become participants in the contest. CoinEx will consider trading volume from September 10 through September 23.

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One hundred users will win the contest. The first prize is 7 million KIN ($700 at the time of publication). The minimum prize is 300,000 KIN ($30). The organizers will distribute the rewards by September 26, 2021.

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In addition, CoinEx will airdrop 50 million KIN to users who отправят в стейкинг from 1,000 to 100,000 CET by September 16.

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The exchange distributes tokens every hour. The amount of the reward depends on the amount of CET in staking.

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Kin is a project of the Canadian company Kik, which develops the messaging app of the same name. In 2017 the company issued the token on the Ethereum blockchain and raised $98 million in an ICO. In December 2020, Kin moved to the Solana blockchain.

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Last month, CoinEx announced the recruitment of market makers on spot and futures markets, and added discounts on commissions and cashback to the Market Maker program.

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