BKEX Global will open the subscription of XCH (Chia Network) in Seed Incubator Pro. The details are as follows:
Subscription time: 14:00 ~ 19:00 04/27/2021 (UTC+8)
- Opening time of trading: 20:00 04/27/2021 (UTC+8)
- Trading pair: XCH/USDT
- The opening time of deposit and withdrawal function will be announced in the follow-up announcement
1. About XCH
XCH is the native token of Chia. Chia Network is a decentralized open source global blockchain. Compared with the traditional PoW cryptocurrency, it has less waste, higher degree of decentralization and more security. Its inspiration is similar to Bitcoin blockchain, but in Chia, the resource is not computing power, but disk space. In order to achieve this goal, the "Proof of Work " used in Bitcoin is replaced by "Proof of Space", so disk space becomes the main resource and time proof to reach a decentralized "Satoshi Nakamoto" consensus to verify transactions. Chia Network is also a smart transaction platform company.
XCH website: https://www.chia.net/
2. Rules of subscription
Token symbol: XCH
Total quota: 100 XCH
Goal value for Seed Incubator Pro: 24,900 USDT
Subscription price in Seed Incubator Pro: 1 XCH = 249 USDT
Min subscription quota of an order: 0.01 XCH
Max subscription quota of an account: 2.5 XCH
Accepted currencies for subscription: BKK, USDT, BTC, ETH, DOT, FIL;
- Each currency can be used only once in this subscription;
- Preferential policy: Users who use BKK to subscribe can enjoy discount of 10%, the subscription price is 1 XCH = 224.1 USDT;
The subscription formula is as follows：
The lucky number amount of a user= individual amount of booking/Σ（amount of booking ）* Total supply limit of this subscription.
Users’ account must have sufficient balance of corresponding currency before the result of subscription is published.
XCH tokens will be distributed within 1 hour after the subscription ends;
*Specific rule is according to the interface of subscription!
Users who violate the rule will be disqualified, and the payments will be refunded.
The insufficient balance of corresponding currency will result the failure of amount deduction, that is subscription failure;
The final explanation right of this activity is reserved by BKEX Global.
Risk Warning: Digital assets are innovative investment products with great prices fluctuation. Please make a rational judgment on your investment ability and make investment decisions cautiously. We wish you a pleasant deal.
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