KuCoin Unveils Massive $10 Million Airdrop to Compensate Users, Reward Loyalty

KuCoin, the renowned cryptocurrency exchange, has launched an airdrop program worth $10 million to compensate for recent withdrawal congestion and reward its loyal user base. Eligible users who experienced withdrawal delays during a specific timeframe can claim the airdrop, which ranges from 5 to 200 USDT. The airdrop will be distributed in token vouchers that can be redeemed for BTC or KCS tokens. KuCoin has also announced an additional airdrop plan for existing users with substantial assets, details of which will be revealed soon.

KuCoin Unveils Massive $10 Million Airdrop to Compensate Users and Reward Loyalty

London, United Kingdom - March 31, 2023 - KuCoin, the renowned cryptocurrency exchange known as the "People's Exchange," has announced an unprecedented airdrop campaign worth $10 million, bringing joy to its loyal users. This initiative, designed to address recent withdrawal congestion issues, also celebrates the unwavering support of its dedicated community.

A Generous Compensation for Service Interruptions

The airdrop serves as a heartfelt apology to those who experienced service disruptions during a recent period of withdrawal congestion. Between March 26, 2023, at 1:00 PM UTC and March 28, 2023, at 5:00 PM UTC, some users faced delays in withdrawing their funds. To make amends, KuCoin has allocated a substantial portion of the airdrop funds to compensate users directly affected by the congestion.

Extended Eligibility for Existing Users

In a heartwarming gesture of gratitude, KuCoin has expanded the scope of its airdrop program to include loyal users who maintained substantial assets in their accounts during the affected period but did not experience withdrawal issues. These users may be eligible for an even larger airdrop. The specific details and criteria for the existing user airdrop will be announced shortly.

A Seamless Claiming Process

Eligible users can effortlessly claim their airdrop by following these simple steps:

1. Check Eligibility: Users who experienced withdrawal congestion during the specified period can check their eligibility by visiting the "My Coupons" section of the KuCoin website or mobile app.
2. Redeem Airdrop: The airdrop will be distributed in token vouchers that can be redeemed in a 1:1 ratio for BTC or KCS tokens within seven days of the announcement date.
3. Await Distribution: The airdrop distribution process is expected to be completed within one week of the announcement date. Users should monitor their KuCoin accounts for the arrival of their funds.

Additional Benefits for KuCoin Users

KuCoin users are encouraged to stay tuned for further updates regarding the airdrop and other potential benefits. The exchange is committed to keeping its community informed and rewarding its loyal customers.

Regulatory Restrictions

It's important to note that, in accordance with local regulations, some users may not be eligible to receive the airdrop. KuCoin advises users to familiarize themselves with any applicable regulations in their jurisdiction.

KuCoin's Dedication to Service Excellence

The $10 million airdrop reflects KuCoin's unwavering commitment to customer satisfaction and service excellence. The exchange is grateful for the patience and support of its users during the recent withdrawal congestion issues and is determined to address such challenges with the utmost care and transparency.

In the spirit of innovation and community empowerment, KuCoin continues to strive to provide the best possible trading experience for its loyal users worldwide. The $10 million airdrop is not only a compensation measure but also a celebration of the vibrant KuCoin community and a testament to the exchange's unwavering commitment to user satisfaction.