CoinEx PoW Special Event: Trade KAS, RXD, NEXA and 17 More Tokens to Share 5,000 USDT

CoinEx
3 min readAug 30, 2023

Following Ethereum’s transition to PoS, a wide range of PoS projects have continued to capture the crypto spotlight. That said, the PoW model is still evolving. With Ethereum’s shift, as miners have had to find new destinations for their hashrates, more GPU-minable coins have caught the attention of investors and communities. In particular, Kaspa, a notable GPU-minable coin, introduced a new PoW approach. Thanks to the consistent growth and charming performance of KAS, Kaspa’s native coin, an increasing number of PoW projects are gaining traction.

To introduce PoW coins to more crypto enthusiasts and to thank CoinEx users for their support, CoinEx recently announced the PoW special event, which lasts from August 25 to September 4, 2023. During the promotion, users trading PoW projects like KAS, RXD, and NEXA on CoinEx will have the chance to share a total reward of 5,000 USDT! Let’s find out more about the promotion:

I. Duration

August 25, 2023, 10:00 — September 4, 2023, 10:00 (UTC)

II. Tokens Covered

The promotion will cover 20 PoW tokens, i.e. KAS, KDA, ERG, RXD, XEC, NEXA, XDAG, RVN, OCTA, FLUX, ZEC, DGB, CKB, SYS, ZEN, STC, GRS, BEAM, ZANO, and XNA.

https://www.coinex.com/en/activity/trade-rank/17

During the promotion, all of the above tokens traded in spot markets will be counted. Go to the promotion page to check the specific markets covered:

https://www.coinex.com/en/activity/trade-rank/17

III. Rules

During the promotion, users with a trading volume (buying volume + selling volume) greater than $200 in all selected markets will be ranked, and the top 100 users will share the 5,000 USDT reward, as shown below:

IV. How to Participate

(1) Sign up for the promotion

Web: Log in to the CoinEx website, click on [Promotion] — [Tradeboard] on the navigation bar, enter the promotion page, and click on [Apply Now]

(https://www.coinex.com/en/activity/trade-rank/17).

App: Tap [Tradeboard] on the [Home] page, enter the promotion page, and then tap [Apply Now].

(2) Start trading

Users with a trading volume of at least $200 in the selected spot markets will be included in the rank.

(3) Reward distribution

The rewards will be distributed within 7 business days after the promotion concludes.

V. Notes

(1) The rank will be based on users’ spot trading volume; cumulative trading volume = buying volume + selling volume in all selected markets during the promotion.

(2) Market Making accounts will not be included in the promotion; sub-accounts will not be qualified to participate as independent accounts, and the PNL of sub-accounts will be calculated into main accounts.

(3) During the promotion, should any cheating behavior be found, the user will be disqualified.

(4) The rank statistics will be updated once every hour.

CoinEx now lists over 50 PoW coins. CoinEx users interested in PoW projects could go to the [Markets] page and select the [PoW] tag to check the market performance of their target coins. Today, a growing number of innovative PoW projects have stood out and captured market attention. PoW’s success stories go beyond just BTC; it is still delivering unique value and opportunities for innovation. Let’s wait and see what PoW has to offer.

About CoinEx

Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management services for over 5 million users across 200+ countries and regions. Founded with the initial intention of creating an equal and respectful cryptocurrency environment, CoinEx is dedicated to dismantling traditional finance barriers by offering easy-to-use products and services to make crypto trading accessible for everyone.

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