KuCoin launches VSYS trading campaign
KuCoin launches VSYS trading campaign
In a bid to boost trading activity and user engagement, KuCoin is hosting a VSYS trading campaign where traders can compete for a share of $10,000 USDT.
The campaign, which runs until July 5, 2024, aims to reward active traders based on their trading volume of VSYS/USDT pairs.
Participants will be ranked by their total VSYS trading volume, with the top 100 traders receiving rewards. The first-place trader will earn a substantial 500 USDT, while the 2nd to 10th place traders will share in a pool of 2,500 USDT. Traders ranked 11th to 100th will share the remaining 7,000 USDT, distributed based on their respective trading volumes.
This campaign is part of exchange's activities to promote its platform and foster a vibrant trading community. By incentivizing higher trading amounts, KuCoin hopes to attract more users to trade VSYS, thereby increasing liquidity and market activity for the cryptocurrency.
VSYS, the native token of the V Systems blockchain, is designed to support various decentralized applications and services. The increased trading activity resulting from this campaign could potentially boost the visibility and adoption of VSYS.
The crypto exchange has emphasized that only trading volumes accumulated during the campaign period will be eligible for rewards. Additionally, only trades executed on the KuCoin platform will be counted, ensuring fairness and transparency in the distribution of rewards.
The latest initiative by KuCoin reflects a broader trend among cryptocurrency exchanges to engage their user base through trading competitions and rewards. Such campaigns not only stimulate trading activity but also serve as effective marketing tools to attract new users.
Traders and crypto enthusiasts will be closely watching the outcomes of this campaign, as it could signal the potential for increased liquidity and rally for VSYS.
As always, participants are advised to trade responsibly and stay informed about the latest developments in the crypto space.
See also: OKX expands USDC spot trading pairs
