This initiative aims to attract more users by providing competitive returns on their stablecoin holdings.
In a bid to attract more users, KuCoin has introduced a new promotion offering up to 17% annual percentage rate (APR) on USDT deposits through its KuCoin Earn platform. This high-yield campaign is designed to provide competitive returns for stablecoin investors.
The promotion, running 08:00 on June 07, 2024 to 08:00 on June 17, 2024 (UTC), is available to all KuCoin users who deposit USDT into the KuCoin Earn platform. This platform allows users to earn interest on their cryptocurrency holdings, providing an alternative to traditional savings accounts. The 17% APR is significantly higher than what is typically offered in the market, making it an attractive option for crypto investors.
How to take a part:
- Register for the event via official page.
- Deposit funds to KuCoin.
- Once the event has finished, KuCoin will open a whitelist for eligible users.
- Visit the product page to subscribe.
Net deposit amount / maximum subscription amount (in USDT):
1. N ≥ 100,000 / 500,000
2. 50,000 ≤ N < 100,000 / 100,000
3. 10,000 ≤ N < 50,000/ 50,000
Terms and conditions:
- The total capacity for Lending Pro product limited to 5 million USDT;
- The whitelist is valid for one month;
- Only transactions made via bank card, fiat deposit, crypto deposit, and P2P trading are eligible;
- The USDT lending rate is subject to market fluctuations;
- New Earn users are those who have never subscribed to any Earn products;
- Users need to sign up on the event page to be eligible for the rewards;
- Sub-accounts and main accounts will be considered as one account.
The campaign is expected to draw significant attention from the crypto community, especially those looking for reliable and lucrative investment opportunities.
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