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Designated Mining Tokens: KUSD & IUSD

Koindex

Starting June 15th, we will begin selling tokens exclusively for auto mining that will allow users to participate in Pre-Mining more effectively. Details are below:

Starting Date: June 15th, 2020 – 12:00 Turkish Time (GMT+3)

Tokens for sale: KUSD & IUSD

Sales Rate: 1 USDT = 0.5 KUSD + 0.5 IUSD

Sales Method:

  • Only purchasable with USDT
  • After purchasing, we will distribute KUSD & IUSD to you in a 1:1 ratio
  • Minimum purchase is 20 USDT

Use purpose of KUSD & IUSD

KUSD and IUSD are mining tokens that can only be used for automatic mining. They can be used anytime after Pre-Mining as well

Additional bonus until the start of Pre-Mining on June 17th

If purchase amount is $2,000~14,999, +2% earning on Premium Investors Day;

If purchase amount is $15,000~ : +5% earning on VIP Day & Premium Investors Day eligibility for Pre-Mining!

KUSD, & IUSD mining currency pairs

June 17 ~ : XEX/KUSD, XEX/IUSD

June 19 ~ : BTC/KUSD, BTC/IUSD, ETH/KUSD, ETH/IUSD, KUSD/USDT, IUSD/USDT, KUSD/IUSD

KUSD & IUSD Specifications

  • Koindex will collateralize the USDT used at the time of conversion to KUSD & IUSD. 
  • When KUSD and IUSD are used for mining, they will be swapped with USDT and revenue distributions for affiliations and funds will be paid out in USDT.
  • KUSD and IUSD will be burned after use.

Disclaimer

Users cannot sell or withdraw KUSD & IUSD.

Pre-Mining VIP Day participation requires a minimum token purchase of 15,000 USDT. Once 15,000 is used to acquire KUSD and IUSD (Minimum 7,500 each), please note this transaction is non-reversible.

Pre-Mining Premium Investors Day participation requires a minimum token purchase of 2,000 USDT. Once 2,000 is used to acquire KUSD and IUSD (Minimum 1,000 each), please note this transaction is non-reversible.


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