KuCoin announces a withdrawal congestion compensation and loyal user airdrop plan totaling over $10 million

ChainCatcher message, due to the withdrawal congestion event that occurred from March 26 to March 28, KuCoin announced the launch of an airdrop plan totaling over 10 million USD to apologize to affected users. Affected users will receive an airdrop equivalent to 5 to 200 USD in BTC/KCS based on the duration of the withdrawal congestion, which is expected to be distributed within a week.

The airdrop will be issued in the form of token vouchers, which users can redeem for BTC/KCS tokens at a 1:1 ratio within 7 days. For existing users who held a large amount of assets in their accounts and did not withdraw during the period of March 26 at 22:00 and March 28 at 00:00 (UTC+8), KuCoin will launch a larger-scale airdrop plan for them. Specific details will be announced next week.