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KuCoin Announces Gratitude Airdrop Details for Users Affected by Withdrawal Delays, Plus Upcoming Benefits for Existing Users

2 mins
Updated by Maria Petrova
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In an unprecedented move to express gratitude towards its user base and enhance community trust, KuCoin, a global leader in the crypto industry, has announced an exciting initiative to airdrop in Bitcoin (BTC) and its native token, KCS.

This initiative stems from KuCoin’s commitment as the People’s Exchange to prioritize the security of user assets and ensure a seamless user experience.

In the official announcement, KuCoin has announced an airdrop initiative amounting to $8.95 million in BTC/KCS equivalent, aimed at compensating users who encountered withdrawal delays from March 26, 22:00, to March 28, 00:00 (UTC+8). Eligible users will receive airdrops ranging between 5 to 200 USDT, with the entire distribution process expected to wrap up within a week.

To claim their airdrop, users will be granted compensation credit vouchers equivalent to the airdrop amount, redeemable for BTC/KCS tokens within a seven-day period. These vouchers can be claimed through the “My Coupons” section after logging into the KuCoin platform.

In addition to this immediate relief effort, KuCoin acknowledges the essential trust users place in its platform and has thus outlined a broader Airdrop Plan specifically for existing users who held substantial assets in their accounts during the mentioned time frame. Further details regarding this plan will be unveiled next week. It’s important to note that regional regulatory policies might restrict the availability of this airdrop, and KuCoin reserves ultimate right over the interpretation and execution of this event.

KuCoin appreciates the understanding and support of its global user community and is committed to continually providing high-quality, secure services. Users are encouraged to follow KuCoin’s official channels for further information and updates.

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 800 digital assets and currently provides Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 30 million users in more than 200 countries and regions.

KuCoin is currently one of the top 8 crypto exchanges. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and recognized as a highly commended global exchange in Finder’s 2023 Global Cryptocurrency Trading Platform Awards.

Learn more at website.

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This article contains a press release provided by an external source and may not necessarily reflect the views or opinions of BeInCrypto. In compliance with the Trust Project guidelines, BeInCrypto remains committed to transparent and unbiased reporting. Readers are advised to verify information independently and consult with a professional before making decisions based on this press release content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

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