WOO Launched:Deposit & Trade WOO and Hold CET to Share 300,000 WOO

3 min readDec 29, 2020

CoinEx Announcement

21 days ago
Updated

Dear CoinEx users,

To provide more trading options, after rigorous reviews, CoinEx will list WOO at 2:00 on December 9, 2020 (UTC), and launch “Deposit & Trade WOO and Hold CET to Share 300,000 WOO” event. The details are as follows:

WOO Services
1. Deposit: 2:00 December 9 (UTC)
2. Withdrawal: 2:00 December 20 (UTC)
3. Trading pairs: WOO/USDT
4. Opening method: Call Auction
a. Call Auction
8:00–8:50 December 9, 2020 (UTC)
Orders can be placed and cancelled
8:50–9:00 December 9, 2020 (UTC)
Orders can be placed but cannot be cancelled
b. Trading
9:00 December 9, 2020 (UTC)

About WOO
Website丨Explorer丨White paper
Wootrade is a layer one trading infrastructure complete with deep liquidity, frontend trading GUI, and the ability to integrate into any exchange, trading desk, wallet, dApp, or other trading-related platform. Wootrade is able to leverage rebates from high volume institutional traders and market makers, giving the retail traders and B2B clients high-depth, zero-fee trading.

WOO is the native token that is used for:
· WOO can be staked to access premium features and zero-fee trading
· Used as collateral on Wootrade to trade spot / futures.
· Amassed by B2B clients to apply for node statuses.
· Used in a governance framework to accrue voting point.

To celebrate the launch of WOO, CoinEx will airdrop 300,000 WOO, and users can claim WOO according to deposit, net buying and CET holding volume. The details are as follows:

Event 1: Deposit to share 50,000 WOO
Duration: 2:00 December 9, 2020–0:00 December 20, 2020 (UTC)
During this period, with a net deposit of every 100 WOO, user can get a reward of 2 WOO (max. 500 WOO per user). CoinEx will give away 50,000 WOO in total on a first-come-first-served basis.

Event 2: Net buy to share 150,000 WOO
Duration: 9:00 December 9, 2020–0:00 December 20, 2020 (UTC)
During this period, with a net buying of 100 WOO and above, user can participate in the ranking to share 150,000 WOO proportionally. The detailed rewards are shown as below.

Ranking

Reward per user （WOO）

Total rewards（WOO）

25,000

12,000

7000

4–10

3000

21000

11–50

1000

40000

51–200

300

45000

Event 3: Share 100,000 WOO according to CET holding
If met all the following conditions, user can get 100 WOO. CoinEx will give away WOO on a first-come-first-served basis. The details are as follows:
Condition 1: CET holding ≥ 10,000; (Holding volume from non-CoinEx address is also valid, please click HERE to bind non-CoinEx address);
Condition 2: Trading volume in the last 6 months ＞ 0, not limited to Spot trading, Margin trading or Perpetual trading；

*Snapshot Time：
0:00 December 10, 2020 (UTC)
Airdrop Time & Allocation:
2:00 December 10, 2020–2:00 December 11, 2020 (UTC). Click HERE to claim airdrop.

Notes:
1. Net Deposit= Deposit — Withdrawal. Net Buying = Buying — Selling — Withdrawal. During these events, any operation related to Red Packet feature and Inter-user Transfer will be deemed as withdrawal.
2. Inter-user Transafer volume will not be calculated into Deposit volume.
3. Market making accounts are not included in this event.
4. Sub-accounts are not allowed to participate as an independent account, and the deposit volume of sub-accounts and leveraged accounts are also calculated into main-accounts.
5. During the event, should any cheating behavior be found, the user will be disqualified.
6. Reward distribution: Event rewards will be issued within 1 day after the event.
7. CoinEx reserves the right of final interpretation of these events.

CoinEx Team
December 8, 2020

WOO Launched:Deposit & Trade WOO and Hold CET to Share 300,000 WOO

Written by Coinex India