LBank to Launch GL Net-buying and Trading Contest with 2,000,000 GL Giveaway

2 min readMar 18, 2020

Dear LBank users:

To celebrate the listing of GL, LBank will co-host with GL to launch Net-buy and Trading Competition with a reward of 2,000,000 GL.

1. Net-buy Competition

Total Reward: 1,500,000 GL

Activity Time: From 17:00 on March 18, 2020 to 17:00 on March 25, 2020 (UTC+8)

Participation Condition: Users need to complete KYC Verification. Net-buys ≥ 100,000 GL

Rules: The top 30 users in net-buys of GL/USDT are able to share 1,200,000 GL.

№1: 180,000 GL

№2: 120,000 GL

№3: 60,000 GL

№4-№10: 42,000 GL each

№11-№20: 35,000 GL each

№21-№30: 19,600 GL each

Airdrop: The top 100 users with minimum net-buys greater than 100,000 GL are able to receive 3,000 GL each. Ranking rewards and airdrop rewards can not be received both.

2. Trading Competition

Total Reward: 500,000 GL

Activity Time: From 17:00 on March 18, 2020 to 17:00 on March 25, 2020 (UTC+8)

Participation Condition: Users need to complete KYC Verification. Trading Volume ≥ 200,000 GL

Rules: The top 50 users in trading volume of GL/USDT are able to share 450,000 GL based on the proportion of their trading volume respectively.

Airdrop: Users whose trading volume is greater than 200,000 GL and who are not in the top 50 in the same time are able to receive 500 GL each, with a total of 50,000 GL. The total amount is limited and will be distributed according to the weight.

⚠️Notice:

1. Net-buy = Buys — Sells — Withdrawal

2. Trading volume = Buys + Sells

3. The result will be announced within 7 working days after the event and rewards will be distributed.

4. Wash trading and any cheating conduct are prohibited. Otherwise, LBank has the right to deprive the prize.

5. LBank reserves the right of final interpretation of this activity.