LBank to Launch Trading Competition and Airdrop with 20,000 FOIN Giveaway

LBank Exchange
2 min readApr 8, 2020

Dear LBank users:

To celebrate the listing of FOIN, LBank and FOIN will co-host Trading Competition and Airdrop with 20,000 FOIN Giveaway. The details are as follows:

1、Trading Competition

Total Reward: 17,000 FOIN

Activity Time: From 18:00 on April 10, 2020 to 18:00 on April 15, 2020 (UTC+8)

Participation Condition: Users need to complete the KYC Verification. Trading Volume ≥ 2,000 FOIN

Rules: The top 50 users in trading volume of FOIN will be able to share 14,000 FOIN based on the proportion of their trading volume respectively.

Airdrop: Users whose trading volume is greater than 2,000 FOIN and who are not in the top 50 in the same time are able to receive 10 FOIN each, with a limited amount of 3,000 FOIN.

Trading volume = Buys + Sells

2、Hold LBK to Win Airdrop

Total Rewards: 3,000 FOIN

Activity Time: From 18:00 on April 10, 2020 to 18:00 on April 15, 2020 (UTC+8)

Participate Condition: Users need to complete KYC compliance and have a certain amount of LBK.

Snapshot Time: During this activity, one day is counted from 18:00 of the previous day to 18:00 of the current day. Snapshots will be taken at random times of the day and once per day. (Spot+locked).

Rules:

The daily reward is 600 FOIN, and the airdrop will be distributed based on the amount of users’ LBK holding position (Spot+locked).

Users who have more than 50,000 LBK can share 3,000 FOIN airdrop rewards during the activity.

Airdrop Reward Calculation Formula:

The amount of airdrops that a user can get per day = 600 FOIN / the total number of airdrop times on that day

⚠️Attention:

* The rewards will be distributed to winners’ LBank accounts within 7 working days after the end of the activity.

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

* This activity’s final interpretation belongs to the LBank team.

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