LBank to Launch Trading Competition and Airdrop with 40,000 GLEEC Giveaway

2 min readApr 7, 2020

Dear LBank users:

To celebrate the listing of GLEEC, LBank and GLEEC will co-host Trading Competition and Airdrop with 40,000 GLEEC Giveaway. The details are as follows:

Trading Competition

Total Reward: 35,000 GLEEC

Activity Time: From 16:00 on April 8, 2020 to 16:00 on April 13, 2020 (UTC+8)

Participation Condition: Users need to complete the KYC Verification. Trading Volume ≥ 400 GLEEC

Rules: The top 50 users in trading volume of GLEEC will be able to share 34,000 GLEEC based on the proportion of their trading volume respectively.

Airdrop: Users whose trading volume is greater than 400 GLEEC and who are not in the top 50 in the same time are able to receive 5 GLEEC each, with a limited amount of 1,000 GLEEC.

Trading volume = Buys + Sells

Hold LBK to Win Airdrop

Total Rewards: 5,000 GLEEC

Activity Time: From 16:00 on April 8, 2020 to 16:00 on April 13, 2020 (UTC+8)

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

Snapshot Time: From 16:00 on April 8, 2020 to 16:00 on April 13, 2020 (UTC+8), one day is counted from 16:00 of the previous day to 16:00 of the current day. Snapshots will be taken at random times of the day and once per day.

Rules:

The daily reward is 1,000 GLEEC, and the airdrop will be distributed based on the amount of users’ LBK holding position. Users who have more than 50,000 LBK can share 5,000 GLEEC airdrop rewards during the activity.

Airdrop Reward Calculation Formula:

The amount of airdrops that a user can get per day = 1,000 GLEEC / the total number of airdrop times on that day

⚠️Attention:

* The rewards will be distributed to users’ 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.