Big news! To celebrate CoinBurp (BURP) getting listed on KuCoin ( supported trading pair: BURP/USDT), KuCoin launched a listing campaign to give away a mixed reward pool of 50,000 USDT, 5,000 BURP and more to qualified participants. Easy & Amazing, Why not enjoy a great rewards pool together?
In this article, we will help you know details about one of the great projects that is on KuCoin Spotlight and introduce to you the easy way to win big rewards from its listing carnival! Is BURP worth the investment? How to participate in the activities to share the reward pool? Let us figure it out one by one.
1、What is CoinBurp (BURP)?
CoinBurp is an NFT-first crypto wallet. It is also ranked the No.1 UK-based crypto trading platform by TrustPilot. The wallet connects the worlds of CeFi and DeFi, underpinned by the BURP token, its own utility and governance token.
One of the main purposes behind the creation of the wallet was the need to make DeFi more accessible. Building from its already established CeFi services, CoinBurp set out to create a DeFi wallet that would make it easier for newcomers to enter the DeFi market. CoinBurp has integrated the U.K Faster Payments Service (FPS) for GBP deposits and open banking for those in Europe to make direct deposits to their Euro wallets.
NFTs are a particular focus for the project, with non-fungible tokens being a major use case and drawing users into the decentralized side of things. Ultimately, CoinBurp’s goal is to become the Coinbase for NFTs.
2.What is the BURP token?
The BURP token is used throughout the CoinBurp ecosystem for rewards, staking and more. The token distribution is as follows:
Advisors and Early Backers: 11%
Seed Round: 2.5%
Presale/SAFT 1: 5%
Presale/SAFT 2: 7.5%
Presale/SAFT 3: 2%
Public Sale: 1%
3.What is BURP used for?
BURP is used in a few different ways on CoinBurp and its ecosystem.
The token is used for staking. More specifically, holders will be able to stake their tokens in the CoinBurp Non-Custodial NFT Wallet. This will earn them APY and make them eligible for NFT raffles on the platform.
Next, the BURP token is used for governance of the DAO. Holders will be able to have a say in how the project progresses going forward thanks to the help of decentralization.
Otherwise, BURP holders will be in for a chance to receive exclusive NFTs from CoinBurp’s partners. The Sandbox, Avastars and NFT Boxes are some examples of these partners.
4.The Activities of BURP Mixed Reward Pool: a: Spot Carnival. b: Trading Bot “Easy Win”.
a: For Spot Carnival:
First, you should know that the campaign runs from 06:00:00 on July 26, 2021 to 06:00:00 on August 2, 2021 (UTC).
Second, this listing celebration has 4 activities, you can choose anyone to join it. For details of the CoinBurp listing celebration, please refer to the official news.
Spot Carnival Activity 1: Deposit BURP to KuCoin, Win a Share of 15,000 USDT!
The first 300 users whose BURP net deposit volume reaches 1,500 BURP will get 50 USDT each. (Limited to 300 spots, first come, first served!)
Spot Carnival Activity 2: Net Deposit Competition, Enjoy a 5,000 USDT Prize Pool!
The top 20 accounts with the highest net deposit volume of BURP on KuCoin will win a share of 5,000 USDT!
Spot Carnival Activity 3: Trading Competition, Enjoy a 30,000 USDT Prize Pool!
Users with a trading volume (buys + sells) that reaches 1,000 BURP or more will be qualified to enjoy a 30,000 USDT Prize Pool.
Spot Carnival Activity 4: CoinBurp and KuCoin Lucky Draw, Win a Share of 5,000 BURP!
Users with a BURP trading volume (buys + sells) of at least 500 BURP or more will be qualified for the Lucky Draw. 100 lucky users will get 50 BURP each ( Randomly choose).
b: Trading Bot “Easy Win”
First, kindly note the activity runs from 14:30:00 on July 26, 2021 to 14:30:00 on August 02, 2021 (UTC).
Second, this activity has 2 parts to enjoy a 3,000 USDT rewards pool.
Part 1: Users who create a BURP classic grid and the total investment ≥ 100 USDT during the activity and keep it running for more than 24 hours will win an equal share of a 2,600 USDT reward pool.
Part 2: Lucky Draw: During the activity, the 1st, 10th, 50th, 100th, and 150th BURP grid trading bot created will each get an extra 80 USDT reward totaling 400 USDT.
For more details, please refer to the official news.
Exploring new great projects is one of the fabulous things in the cryptocurrency world and big rewards are here waiting for you. Wish you good luck and have fun!
Sign up on KuCoin, and claim your big newcomer welcome gift!
Follow us on Twitter >>> https://twitter.com/kucoincom
Join us on Telegram >>> https://t.me/Kucoin_Exchange
Download KuCoin App >>> https://www.kucoin.com/download
Also Subscribe to our Youtube Channel >>> Listen to 60s Podcast