Dear SafePal community,
SafePal is excited to announce the launch of a Giftbox campaign with KiloEx, a decentralized perpetual exchange on BNB Chain, OPBNB, and Manta network, from Nov 25th – Dec 4th, 2024 10 AM UTC. The campaign will provide exclusive benefits for SafePal users in the form of $KILO, the utility token of KiloEx which provides various benefits for holders.
Note: KiloEx has not yet conducted its TGE and updates will be posted on official channels.
To get started, download the latest version of the SafePal App here and visit the Questhub section to participate and learn more.
Giftbox Rewards and Requirements:
Eligible users who complete all Giftbox tasks will be eligible for 2 rewards.
Reward 1: Trade in KiloEx to get 10-100 $KILO Airdrop
Random airdrops of 10 – 100 $KILO for first new 500 KiloEx traders. The airdrops will be awarded to the first new 500 addresses created which complete any amount of trading during the campaign period.
Reward 2: 100,000 $KILO Rewards Pool for Trading leaderboard
Continue trading on KiloEx to win more $KILO.
Reward structure:
Top 500 Best Traders (ranked by trading volume after participation)
- 1st place: 6000 $KILO
- 2nd place: 5000 $KILO
- 3rd place: 4000 $KILO
- 4-10th place: share 15,000 $KILO prize pool
- 20-30th place: share 15,000 $KILO prize pool
- 30-50th place: share 15,000 $KILO prize pool
- 50-100th place: share 15,000 $KILO prize pool
- 101-500th place share 15,000 $KILO prize pool
Note: $KILO can be claimed after TGE. The price will be calculated according to the average price on the TGE date.
More about KiloEx:
KiloEx is a Perpetual DEX backed by BinanceLabs, Foresight Ventures, and Manta Foundation. It is primarily built on the opBNB/BNB Chain and the Manta network. The trading volume and TVL both rank first on the opBNB and Manta networks.
KiloEx offers low trading fees and supports a wide range of leverage and trading assets. In addition to trading, users can also stake various assets in the KiloEx Hybrid Vault to earn real yields and points.
FAQs
How to check your rewards？
The $KILO rewards will be distributed after the TGE on KiloEx. You can log into the KiloEx Dapp to check your rewards with the same wallet address which was used by participants in the Giftbox campaign: Select ‘Airdrop’ from the menu, scroll down, and check ‘My $KILO’.
Please stay tuned to KiloEx social for the latest updates on TGE.
How to trade on KiloEx?
There are no restrictions on the time the position has to be open. Please follow the steps below to trade: 1. Launch KiloEx DApp and select network you want 2. Go to trading page select the token you want to trade, then click ‘Buy/Long’ or ‘Sell/Short’ 3. Enter amount for your position
How can I ask for assistance?
For any questions or problems regarding this activity, please go to the SafePal Discord community and raise your enquiries in the #WHO-AND-EVENTS channel here.
Full Disclaimer
Activity Rules
SafePal reserves the right to disqualify participants that are deemed to be spammers or illegally bulk-registered accounts, as well as activities that display attributes of exploitation or market manipulation.
SafePal reserves the right to cancel or amend any activity or activity rules at our sole discretion.
Not Investment Advice
This activity does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article’s content as such. SafePal does not recommend that any cryptocurrency should be bought, sold, or held by you.
Cryptocurrency investment is subject to high market risks. Please invest cautiously. SafePal will not be responsible for any investment losses. SafePal will not be liable whatsoever for any direct or consequential loss arising from the participation of its activities.
Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Non-Endorsement
The appearance of a third party on SafePal and its activities does not constitute an endorsement, guarantee, warranty, or recommendation by SafePal.
Do conduct your own due diligence before deciding to invest in any third-party projects or use any third-party services.
About SafePal:
Founded in 2018, SafePal is a comprehensive crypto wallet suite backed by industry leaders such as Animoca Brands, Binance and Superscrypt. SafePal empowers users to own their crypto adventure by accessing opportunities securely in the decentralized world via its hardware wallet, mobile app, and browser extension wallet solutions.
The SafePal platform serves over 16 million users globally across 200+ regions and countries, supporting 15 languages, 100+ blockchains with their tokens and NFTs. It also encompasses crypto asset management solutions like cross-chain swapping, trading and yielding tools, and even a CeDeFi banking gateway and Visa card for users.
SFP is a decentralized BEP-20 and ERC-20 utility token serving as the growth engine of the SafePal ecosystem, and can be used to purchase SafePal products at a discount, converted seamlessly to gas across chains in the app, in addition to rewarding token holders and education programs.
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