PIEXGO will launch a KAVA discount program at 08:00 on 18 October 2019 (UTC), where PIEXGO users can purchase KAVA tokens at a discount. This campaign is only limited to 30 minutes.
Purchase Token: USDT
Total Amount: USDT 200,000
KAVA Price: 0.4 USDT
Cap: 200 USDT per user
Minimum: 50 USDT per user
Application Time: 08:00 – 08:30, 18 October 2019 (UTC)
Distribution Time: 10:00, 18 October 2019 (UTC)
Trading Time: 11:00, 18 October 2019 (UTC)
After the user clicks on APPLY, the system will automatically pre-lock the amount of USDT. After the sale ends, the actual amount USDT used will be deducted, and the remaining amount will be unlocked.
The actual purchasing amount of KAVA will be calculated as of the following:
The actual purchasing share of KAVA per each user = [200,000 USD] / [The total application amount on PIEXGO] * [The total application amount of each user]
The final amount of KAVA token per each user = [The actual purchasing share of KAVA per each user] / [The KAVA price]
For example: If the total application amount is 400,000 USDT, user A purchases 200 USDT, allowing user A to be entitled to (200,000/400,000*200)/0.4 = 250 KAVA
Disclaimer: Albeit the total application amount on PIEXGO is less than USDT 200,000, it will still be calculated as USDT 200,000.
1. Register on PIEXGO and complete the KYC process.
2. Please ensure that you have held or purchased a sufficient amount of USDT in your account before participating in the campaign.
3. At the end of the campaign, PIEXGO will summarise all the applications, calculate, send the final amount of KAVA tokens to each user, and unlock the remaining amount of USDT.
4. Malicious behaviour is prohibited during the event. If the system detects multiple repeated participations or other malicious activities from the same IP, PIEXGO has the right to disqualify the user.
5. All rights are reserved by PIEXGO.
Kava is a cross-chain DeFi platform offering collateralized loans and stable coins to users of major crypto assets (BTC, XRP, BNB, ATOM, etc.). It is supported by over 100+ business entities around the world, including prominent crypto funds and major crypto projects like Ripple and KAVAmos. The platform features two tokens: KAVA, a governance and staking token responsible for securing the network and voting on key parameters; and USDX, and algorithmically maintained stable coin backed by crypto asset collateral.
Learn more about KAVA through the project website.
Project Website: https://www.kava.io/
Risk Reminder: Digital currency investment is a high-risk investment, and prices can fluctuate tremendously. Please rationally judge all the related risks as well as your investment capacity and make investment decisions cautiously. PIEXGO endeavours to offer high-quality tokens; however, will not be responsible for any guarantees, compensations or outcomes related to investors' activities.
17 October 2019