Crypto 360°

Friday, 4 September 2020

RING & KTON Launched: Deposit to Share RING & KTON Worth 10,000 USDT

Dear CoinEx users,

To provide you with more options in crypto trading, after rigorous reviews, CoinEx is planning to list RING, KTON and support their deposit on September 4, 2020 (UTC). And trading pairs RING/BTC, RING/USDT, RING/ETH, KTON/BTC, KTON/USDT, KTON/ETH will be available from the same day. For the celebration of RING and KTON launch, CoinEx will hold the following events.

About RING
Website | Explorer
Darwinia Network is a decentralized heterogeneous cross-chain bridge protocol built on Substrate, focusing on decentralized cross-chain token swap, exchange, and market. Darwinia also serves as critical infrastructure for single-chain application upgrade to cross-chain version, including Defi, Game, DEX, NFT market, etc. Its vision is to build the future Internet of Tokens.

https://preview.redd.it/dy9ye2k3j1l51.jpg?width=900&format=pjpg&auto=webp&s=bde04d9791ba3fa208c4be544c5a90d7046b58b2

About KTON
Website | Explorer
In essence, KTON is a derivative token of RING which encourages long-term commitment. RING staking participants can lock RING for 3–36 months and get KTON as rewards, compensating for the liquidity loss.

https://preview.redd.it/444rios6j1l51.png?width=801&format=png&auto=webp&s=70409b7e22c85f5c6db2dcbd3bcb80702fc14796

RING & KTON Services
1. Deposit: 2:00 September 4 (UTC)
2. Withdrawal: 2:00 September 16 (UTC)
3. Trading pairs:
RING/BTC, RING/USDT, RING/ETH
KTON/BTC, KTON/USDT, KTON/ETH
4. Opening method: Call Auction
a. Call Auction
8:00-8:50 September 4, 2020 (UTC)
Orders can be placed and cancelled
8:50-9:00 September 4, 2020 (UTC)
Orders can be placed but cannot be cancelled
b. Trading
9:00 September 4, 2020 (UTC)

Event 1: Deposit to share RING & KTON worth 8,000 USDT
Duration: 2:00 September 4 - 16:00 September 8, 2020 (UTC)
Rules:
1. During the event, CoinEx users with a deposit of every 100 RING can get 1 RING as a reward for each (max. 100 RING/ user). CoinEx will give away 25,000 RING in total on a first-come-first-served basis.
2. During the event, CoinEx users with a deposit of every 100 KTON can get 1 KTON as a reward for each (max. 0.05 KTON/ user). CoinEx will give away 12 KTON in total on a first-come-first-served basis.

Event 2: Trade to share RING & KTON worth 2,000 USDT
1. Duration: 16:00 September 3 - 16:00 September 8, 2020 (UTC)
2. Qualified participants: CET holders who conduct trading related to RING or KTON during the event will be regarded as qualified participants and have chance to join the lucky draw.
3. Drawing time: 4:00 September 7, 2020 (UTC) & 4:00 September 8, 2020 (UTC)
4. Rules: Rewards will be divided into two levels. Firstly, CoinEx will allocate RING worth 50 USDT and KTON worth 50 USDT to 10 winners each day. Secondly, RING worth 1,000 USDT and KTON worth 1,000 USDT will be given to 20 super winners.

How to draw winners and airdrop reward?
(1) Take the hash value of last ETH block before 4:00 (UTC) on the draw day (including 4:00) as the winning sequence of that day.
(2) Filter the letters from the end of the hash value, and take the last 20 digits to get the winning sequence of that day.
(3) During the event, the user’s net buying volume of RING or KTON will be converted into USDT for ranking.
(4) Match the transaction ranking with the winning sequence. Take a single non-zero number in the first three digits as the winning number (if the selected number is 0, then skip to the next one digit), and the subsequent seven two-digit numbers are taken as the winning number. Participants who matched the ranking will be winners and get relevant reward through airdrop.
(5) For example:
a. Assume that the hash value of the last specified block before 4:00:00, September 7, 2020 (UTC)
is:0x95519f40a75c3f46d0426d5db908458b3d056b929d02b536c1c6d431ec94f093
b. Filter the letters from the end of the value to get a string of numbers:
09551940753f46042659084583056929025361643194093
c. Keep the last 20 digits to get the winning sequence of the day: 56929025361643194093
The winning numbers are: 5, 6, 9, 29, 02, 53, 61, 64, 31, 94, then user whose ranking is 5, 6, 9, 29, 02, 53, 61, 64, 31, 94 will be selected as winners and get RING worth 50 USDT and KTON worth 50USDT per person through airdrop.

Notes:
1. Net Deposit= Deposit - Withdrawal; Net Buying= Buying - Selling - Withdrawal. During the event, any operation related to Red Packet feature will be deemed as withdrawal.
2. During the event, should any cheating behavior be found, the user will be disqualified.
3. Market making account is not included in this event.
4. The sub-account is not allowed to participate as an independent account, and the deposit amount of sub-account and leveraged account is also calculated into the main account.
5. Inter-user transfer is not included in the deposit amount.
6. Withdrawal will be suspended during the event and resumed after its end.
7. Reward distribution: Event rewards will be issued within 2 weeks after the event.
8. CoinEx reserves the right of final interpretation of these events.

CoinEx Team
September 3, 2020

submitted by /u/CoinExcom
[link] [comments]

source https://www.reddit.com/r/btc/comments/im7p64/ring_kton_launched_deposit_to_share_ring_kton/

What a flash sale today. I increased my position by 20% today. Anyone else buying ?

submitted by /u/Tamerlane69
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Little pep talk for you newbs and other too. Hard facts you need to remember about bitcoin!

Don't let these dips sway your thoughts into thinking doom and gloom.

Just remember this;

1)Fiat money has the ability to become worthless due to the fact that a central entity controls its production. In times of crisis they'll print too much and as much as they could which will just cause everything out there to be worth less.

2)Companies (stocks) have the ability to become worthless as well being that they function on the dollar as a piggyback. They got pumped due to the dollar, NOT because they did better business. Maybe Amazon and Tesla, but other companies no.

3)Bitcoin needs a DEMOCRACY to become worthless, meaning that for bitcoin to become worthless 100% of its participants have to agree on this AT THE SAME TIME. All miners have to shut down, all nodes have to shut down, many bitcoin businesses need to close doors, etc.

Bitcoin is the first time in human history that we have DIGITAL SCARCITY. That alone will make bitcoin always worth it to everyone. So do not become fazed by this. Just use this opportunity to buy more.

submitted by /u/Raverrevolution
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What options do I have for getting crypto into a wallet so that I can use purse.io?

I've tried getting into my coinbase account thru my phone and I can't even sign in as I can't complete the verification process, as coinbase never sends the verification email..

Edit: I would like to use BCH, and I'm doing this to see how bad or good the user experience is, so far not great, 0/10 for coinbase, and I'd give purse.io a 7/10 so far but I haven't completed a transaction yet.

submitted by /u/SoulMechanic
[link] [comments]

source https://www.reddit.com/r/btc/comments/im6r7y/what_options_do_i_have_for_getting_crypto_into_a/