KuCoin Completes the APENFT (NFT) Airdrop Program

APENFT (NFT) is supported by KuCoin for its airdrop program related to the following token holders: JST (JUST), BTT (BitTorrent), and TRX (TRON). The very first airdrop has already been completed, and the following arrangements have been proposed:

  • JST:NFT = 1:202.01818182
  • BTT:NFT = 1:3.03027273
  • TRX:NFT = 1:39.29543537

According to the latest announcement, KuCoin will be supporting the process of airdrop from July 2021 till June 2023. Holders of these tokens need to meet certain eligibility criteria that include having the minimum requirement of 100, 2000, and 100 tokens for JST, BTT, and TRX, respectively. It is important to note that any token classified under the category of withdrawal for pending deposit will not be counted in the balance of holders. Also, the margin account of the holder will not be considered, and the airdrop process will consider the master account and sub-accounts as different categories of accounts. The borrowed tokens from the margin accounts will also not be considered eligible for the airdrop process.

KuCoin has been at the forefront of cryptocurrency trading and today is counted among the most reliable crypto exchanges globally. Many Kucoin reviews reveal that investors have a high degree of confidence in the exchange that speaks volumes of its reliability, safety, and investor-friendly policies, among others.

In an important announcement, the POL mining volume has been reduced from 160,000 to 128,000 tokens – as initially revealed by the white paper of Pool-X. This has become apparent from the reduction in the rewards associated with the mining of POL tokens from July 2, 2021. It is important to note that 180 days is the length of the mining cycle of POL, and throughout this period, the mining volume of the tokens continues to remain constant. As per the initial announcement made by the company through its white paper, a total deduction of 20% will take place in each cycle compared to the total volume associated with the previous cycle.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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