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KCEX has announced the launch of its 'Deposit for Listing' event, allowing users to deposit tokens for selected projects in order to vote for their potential listing on the platform between June 23 and June 24, 2024.
KCEX has detailed the mechanics of its 'Deposit for Listing' event, which allows users to deposit tokens corresponding to selected candidate projects as a way to vote for their potential listing on the platform. The event features minimum deposit thresholds, cumulative tracking of deposits per individual account, and post-event verification to remove abnormal or fraudulent activity.
Deposited tokens remain in users' accounts throughout the event. If a project is listed, users may freely trade these tokens; if not, users can withdraw them without fees within a designated 7-day window after the event concludes. The event applies to projects such as APUSOL, VSK, CLASH1, JOBY, and CS, and users are advised that consolidated project deposits through shared accounts will disqualify a project from listing consideration.
To join the KCEX 'Deposit for Listing' event, users should register or log in to a verified KCEX account. During the event period, deposits of tokens linked to candidate projects can be made; each deposit counts as a vote and must meet the minimum required amount. Cumulative deposits are tracked per account, and repeated deposits are allowed. If a project is listed, deposited tokens remain in your account for trading, while for non-listed projects, tokens may be withdrawn within 7 days without fees. To get started, users can sign up via the official sign-up link.
KCEX is a centralized cryptocurrency exchange registered in the Seychelles, operating under U.S. and Canadian regulatory frameworks, including FinCEN oversight. The platform provides spot and futures trading for various cryptocurrencies, emphasizing a transparent security system and a user-friendly interface. For more information about KCEX's features and conditions, visit the broker profile on Traders Union.
For additional context, see the earlier news about KCEX, which covered the listing of the FRAG1/USDT trading pair and insights into frags.fun, a Solana-based GameFi project. This update follows KCEX's continual expansion of its crypto offerings and platform features.