Block CET to share 80,000 swch
Coinex has launched its new mining campaign, “Coinex Mining: Block CET to share 80,000 SWCH”, providing users with the opportunity to obtain rewards when blocking CET.
Coinex Mining event details
- Early block: From April 16 at 8:00 to April 17 at 12:00 (UTC).
- Mining period:From April 17 at 12:00 to April 22 at 12:00 (UTC).
- Total rewards pool : 80,000 Swch.
- Kyc verification: Required to participate.
On calculation and liquidation
- Calculation of rewards: The system makes multiple random catches per hour, both of your blocked assets and the total blocked by all users. At the end of every hour, an average is calculated based on these snapshots to determine your proportional participation. Your reward per hour = (your average CET blocked per hour / total average blocked per hour) × Total reward per hour
- Settlement: Once the event is shown as “finished”, total rewards will be settled and will be distributed in your spot account within 1 hour.
The importance of CET in the Coinex ecosystem and the VIP program
The new coinex mining mining campaign: blocks CET to share 80,000 SWCH, is related to CET, the native token of the Coinex platform. In addition to encouraging active participation, liquidity increases and gives multiple benefits to the holders. Only 2,000 CET are required to become Coinex VIP, with access to exclusive advantages such as:
- Discounts on commissions: The token CET can be used to obtain discounts on trading rates, which increase according to the user’s VIP level.
- Bonuses for referrals: The benefits for VIP users include extended rewards, with increases of up to 40 % depending on the level.
- Exclusive access:Priority in project releases, preferential rates and more.
From VIP 1 (2,000 CET) to VIP 5 (1,000,000 CET), users enjoy progressive discounts in trading commissions.
For more information about CET and updated VIP privileges, visit: VIP privileges of Coinex and about CET. In addition, for more details about Coinex, visit: Website | Twitter | Telegram | LinkedIn | Facebook | Instagram | YouTube
Risk reminder
Cryptographic products are innovative investments with large price fluctuations and high risks. Therefore, evaluate and invest wisely based on your risk tolerance and financial resources.
