Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list SWCH (SwissCheese) on Apr 11, 2024 (UTC). The details are as follows
List Time
1. Deposit: 07:00 on Apr 11 (UTC)
2. Withdrawal: 07:00 on Apr 11 (UTC)
3. Trading pair: SWCH/USDT
4. Opening method: Call Auction
a. Call Auction
07:00-09:50 Apr 11 (UTC)
Orders can be placed and canceled
09:50-10:00 Apr 11 (UTC)
Orders can be placed but cannot be canceled
b. Trading
10:00 Apr 11 (UTC)
About SWCH
SwissCheese is at the forefront of this financial transformation, providing a decentralized platform for the secure and efficient trading of tokenized stocks. Users can access fractional ownership of stocks through our platform by using any type of digital token, cryptocurrency, and our native SWCH tokens.
Each tokenized stock represents a portion of an underlying stock, allowing users to invest in and trade stocks directly on its decentralized platform. This tokenization process breaks down traditional barriers to entry, enhances market accessibility, and reduces transaction costs for users.
By tokenizing stocks such as Apple, Netflix, and Meta, the platform offers users the opportunity to diversify their investment portfolios and tap into the potential benefits of the traditional stock market while leveraging the advantages of blockchain technology.
The details of the “SWCH Listing Bonus: Join Airdrop and Trading Ranking to Share $13,000 SWCH” promotion are as follows.
Learn and Earn 6,000 SWCH Airdrop
1. Duration: 09:00 on Apr 11 - 09:00 on Apr 13, 2024 (UTC)
2. Rules:
| Airdrop Type | Lucky Airdrop |
| Total Reward | 6,000 SWCH |
| Single Reward | 2 SWCH |
| To Be Rewarded | 3,000 Participants |
| Requirement |
|
* Trading volume includes Spot, Margin and Futures trading volume. Trading volume in sub-accounts will be calculated into main accounts.
3. How to participate
(1) Go to the promotion page: Read and study the project introduction carefully.
(2) Claim your lucky number: Users who meet the participation requirements and answer all questions correctly can claim a lucky number during the promotion. When the promotion is ended, 3,000 lucky numbers will be drawn systematically and randomly. Users who win the airdrop will get a 2 SWCH airdrop reward.
(3) Allocation: After claiming, your airdrop reward will be systematically frozen in the Spot account for 1 day. Please refer to the promotion page for the specific time.
Click HERE to learn more about CoinEx Airdrop
Join Trading Volume Ranking, 10,000 SWCH For Grabs
1. Duration: 10:00 on Apr. 11 – 10:00 on Apr. 18, 2024 (UTC)
2. Rules:
During the promotion, users who trade in the SWCH/USDT market with a trading value > 200 USD equivalent of SWCH can join the ranking, and will share 10,000 SWCH rewards. The specific reward distribution is as follows.
| Ranking | Reward per user (SWCH) | Total reward (SWCH) |
| 1 | 500 | 500 |
| 2 | 380 | 380 |
| 3-5 | 250 | 750 |
| 6-10 | 150 | 750 |
| 11-50 | 70 | 2,800 |
| 51-100 | 30 | 1,500 |
| Qualified |
Share the remaining reward according to the trading volume |
3,320 |
3. How to participate
(1) Apply for the promotion:
· Web: Click [Promotion] — [CoinEx Tradeboard] on the navigation bar, enter the promotion page and click [Apply Now].
· App: Tap [Tradeboard] on the [Home] page, enter the promotion page and tap [Apply Now].
(2) Trade at least 200 USD equivalent of SWCH to join the ranking.
(3) Reward allocation: The reward will be allocated in 7 business days after the promotion.
4. Notes of Participation
(1) The rewards will be shared by the ranking in Spot trading volume. Cumulative trading volume = Buying volume + Selling volume in all selected markets during the promotion.
(2) Market Making accounts are not included in this event.
(3) FAQ About Spot Trading Volume Ranking
About Automated Market Making (AMM)
AMM is supported for the SWCH/USDT market. CoinEx AMM allows every user to become a market maker. By adding liquidity to the liquidity pool, users can share 50% of the trading fees earned in this market. The fee dividends are calculated daily. Learn about AMM >>
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the final interpretation of this announcement.
CoinEx Team
Apr 9, 2024
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