Propel Trading Contest on KuCoin

Albert Inim
3 min readDec 26, 2021

Propel is a blockchain infrastructure company that offers Metaverse-as-a-Service, DeFi-as-a-Service, and Staking-as-a-Service among other services. Propel’s solutions may be used to quickly build a comprehensive DeFi ecosystem on several blockchains.
KuCoin is a controlled cryptocurrency exchange with roughly more than 503 traded coins, according to CoinMarketCap; it has more than eight million users from 207 countries worldwide.
A trading competition on KuCoin will aid Propel in spreading awareness of its products and services throughout the world. It will enable $PEL traders to benefit from the benefits of a big centralised exchange while also promoting the wider adoption of Propel’s goods. We are quite thrilled about what is to come.

The campaign will run from 10:00:00 on December 9, 2021, to 10:00:00 on December 16, 2021 (UTC).

Details about the Contest may be found below:
1st Activity
Win a portion of a $40,000 PEL Prize Pool. The top 100 KuCoin accounts with the largest trading volume (buys + sells) of PEL will split $40,000 in PEL!
The following incentives will be given out:

Please keep in mind that the prize for the top 31–100 winners is calculated as (each user’s total trading volume / all qualifying users other than the top 30 winners’ total trading volume) * $15,000 in PEL.
Participation Rewards for Activity 2: Win a Share of a $10,000 PEL Prize Pool!
Users that have a trading volume of 500 PEL or more, pass KYC1, and add the PEL/USDT trading pair to their Favorites list will be equitably divided a $10,000 PEL prize fund.

Please keep in mind that trading volume is the sum of buys and sales.
The number of awards will be determined by the average closing price of PEL/USDT during the course of the campaign.
When engaging in the PEL activity, the Sub-Accounts and Master Account will be considered as the same account.
The winners of Activity 1 will not be eligible for the Activity 2 prizes.
KuCoin will update the top ten Activity 1 rankings before 13:00 on December 14, 2021. (UTC). After the campaign concludes, the final rankings will be posted within 5 working days.

The prizes will be given within 7 working days following the campaign’s conclusion.
During the activity, the trading activity on the platform will be thoroughly inspected. Any harmful behaviors committed throughout the time, such as malicious transaction manipulations, unlawful mass account registration, self-dealing, and so on, would result in the platform canceling the participants’ qualification. KuCoin maintains the right, at its sole discretion, to define whether a transaction is considered cheating activity and to invalidate a user’s participation qualification. KuCoin’s final verdict is legally binding on all competitors who took part in the tournament. Users hereby guarantee that their registration and usage of KuCoin are entirely voluntary and are not forced, interfered with, or manipulated in any way by KuCoin.

About Propel

Propel is a global blockchain infrastructure solution platform that offers end-to-end, plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects. Propel’s solutions are available for multiple blockchain ecosystems and include multi-chain capabilities.

Propel holds the distinction of being the only provider offering DaaS (DeFi-as-a-Service), MaaS (Metaverse-as-a-Service), and Staking solutions under a single umbrella.

Learn more about Propel:

Website | Twitter | Medium| Telegram Community | GitHub

--

--