AVAX Launched: Deposit to Share 20,000 AVAX

About AVAX

Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains. Built using an original consensus protocol, Avalanche (AVAX) -- previously abbreviated as Ava or AVA -- is reportedly the first smart contract platform that confirms transactions in less than one second. It also supports the entirety of the Ethereum development toolkit, thus enabling millions of full block producers. Led by the creator of the first coin minted through Proof-of-Work and supported by pioneering researchers from Cornell University, Avalanche is bringing another accomplishment in distributed systems to the world after Classical and Nakamoto consensus protocols.

AVAX Services

1. Deposit: 6:00 September 22, 2020 (UTC)
2. Withdrawal: 12:00 September 22, 2020 (UTC)
3. Trading pairs: AVAX/BTC, AVAX/USDT
4. Opening method: Call Auction
   a.Call Auction
   11:00-11:50 September 22, 2020 (UTC)
   Orders can be placed and canceled
   11:50-12:00 September 22, 2020 (UTC)
   Orders can be placed but cannot be canceled
   b. Trading
   12:00 September 22, 2020 (UTC)

Event 1: Deposit to share 13,000 AVAX
Duration: 6:00 September 22 - 16:00 September 28, 2020 (UTC)
Rules:
During the event, CoinEx users with a net deposit of 100 AVAX will be ranked by the deposit time and can get AVAX airdrop. CoinEx will airdrop a total of 13,000 AVAX as below.

1. The top 200 users can get 10% of their deposit amount as a reward (max. 20 AVAX per user)
2. The top 201 to 500 users can get 5% of their deposit amount as a reward (max. 15 AVAX per user)
3. From no. 501 and above, users can get 2% of their deposit amount as a reward (max. 8 AVAX per user)

Event 2: Invite new users to deposit for 7,000 AVAX sharing
Duration: 6:00 September 22 - 16:00 September 28, 2020 (UTC)
Rules:

1. During the event, users who invite new users to register and deposit AVAX on CoinEx will be deemed referrers, and get AVAX as a reward. To be specific, if their referred users have a net deposit of every 100 AVAX, they can get 1 AVAX as a reward (max. 20 AVAX per referrer). CoinEx will give away 6,500 AVAX on a first-come-first-served basis.
2. In addition, referrers will be ranked by the number of referrals. The top 5 referrers can ALSO get the following reward (Only when their referred users have successfully completed registration and deposited AVAX can be regarded as valid referrals).
   No. 1: 600 AVAX
   No. 2: 500 AVAX
   No. 3: 400 AVAX
   No. 4: 300 AVAX
   No. 5: 200 AVAX

Notes:
Net Deposit= Deposit - Withdrawal; Net Buying= Buying - Selling - Withdrawal. During the event, any operation related to the Red Packet feature will be deemed as withdrawal.

1. During the event, should any cheating behavior be found, the user will be disqualified.
2. Market-making account is not included in this event.
3. The sub-account is not allowed to participate as an independent account, and the deposit amount of the sub-account and the leveraged account is also calculated into the main account.
4. Inter-user transfer is not included in the deposit amount.
5. Withdrawal will be suspended during the event and resumed after its end.
6. Reward distribution: Event rewards will be issued within 2 weeks after the event.
7. CoinEx reserves the right of final explanation for this event.
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