BitWell Will Launch Community zero-Threshold Deposit and Stake Promotion (11.26.2020)

Dear Users:

BitWell will launch a community zero-threshold deposit and stake promotion on November 26th at 08:00 AM(UTC time), users can pledge tokens directly to obtain WELL, no threshold or limit on coin deposits and withdrawals.

The details of rules are as follows:

1.Activity time: 2020/11/26 08:00 AM – 2020/12/11 08:00 AM (UTC time), for a total of two weeks.
2.Access threshold: none, deposit and get WELL.
3.20,000 WELLs per day award.
4.Supported Coin: BTC、ETH、USDT、HT、BNB、OKB、GT、KCS、MX、FTT、UNI. Users are allowed to deposit and withdraw anytime.
5.Estimated financial yield = Price CNG + Annualized earnings on depositing.
6.Number of daily WELL rewards available:

The system will take a random snapshot of the user’s coin deposit several times a day from time to time, and take the arithmetic average of that day as the average daily deposit at settlement. All users are allocated the prize pool for the day in proportion to their average daily deposit.

For example: On a certain day, three users deposit a total of 10,000 USDT. According to the random snapshot result, user A deposits 7,000 U, user B deposits 2,000 U, and user C deposits 1,000 U. Then the three users will be allocated according to their proportions, and user A will be rewarded 20,000(7,000/10,000) = 14,000, User B will be rewarded 20,000(2,000/10,000) = 4,000, and User C will be rewarded 20,000*(1,000/10,000) = 2,000.

7.Settlement of the previous day’s bonus daily from16:00 -17:00 UTC time. The bonus will be taken out from the Community Governance Incentive (16% of total WELL) and distributed to your spot account within 7 days after the end of the promotion.

BitWell reserves the right of final interpretation of the campaign and may adjust the parameters and schedule of the campaign at any time based on market conditions.

Risk Warning:

Cryptocurrency investment is innovative blockchain products, and subject to price fluctuation. Please judge your risk-taking ability rationally and make your investments with caution.

BitWell is not responsible for any direct, indirect or consequential losses as a result of the cryptocurrency trading and holding.

BitWell Team
2020/11/26


BitWell is committed to building a fair and transparent global digital asset trading platform, providing investors with secure, convenient and intelligent blockchain derivatives trading services.

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