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On September 1, the KickEX Exchange Will Buy Back KICK at a Price of $0.00015 per Token

Just a few days left till the begin!

On September 1, 2020 at 12:00 (UTC), the
KickEX cryptocurrency change will buyback KICK tokens (KickToken) value a complete of $100,000 at a value equal to or lower than $0.00015 per token. The buyback will probably be carried out solely on the KickEX change and in accordance with particular situations. To take part in the buyback, token holders should register on the KickEX change, efficiently cross KYC and place a restrict order to promote KICK in the KICK/USDT pair in the 24 hour interval earlier than 12:00 (UTC) on September 1, 2020.

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How does the buyback work? The KickEX change buys again orders on the market with the KICK token at a value, not increased than $0.00015. The uniqueness of this redemption is in its truthful mechanics — completely each participant who places KICK tokens on the market in the KICK / USDT pair will be capable to promote all or at least half of their tokens, supplied their order is comparatively small. Only restrict orders will probably be redeemed.

Date and time: On September 1, 2020 at 12:00 (UTC), a buyback order will probably be triggered, and KICK tokens put up on the market in the KICK/USDT pair at a value equal to or lower than $0.00015, will probably be purchased in equal shares.

How to get entangled?

    1. Register on the KickEX change and undergo KYC verification (normally takes 2-Three minutes);
    1. Deposit KICK (KickToken) or one other cryptocurrency should you want to purchase KickTokens;
    1. Place a restrict order to promote the tokens in the KICK/USDT pair (market and cease orders, together with trailing cease, won’t be triggered). A promote order could be positioned till 11:59 (UTC) September 1, 2020, that’s, virtually till the final second earlier than the buyback order is triggered on the change.
    1. Wait. Part or all of your order will probably be mechanically crammed at a value equal to or lower than $0.00015 at 12:00 UTC.
    1. Ready! Your KickTokens are purchased again.

Learn extra about the buyback particulars

What will occur to the repurchased KickTokens? The redeemed tokens will probably be faraway from circulation and frozen eternally — in sensible phrases, burned. Tokens should not deliberately burned in order that there isn’t a detrimental influence on the capitalization of the KICK token, and doesn’t influence the token’s place in rankings. Perhaps later these tokens will probably be burned when their liquidation won’t have an effect on its rating place. The outcomes will probably be as clear as doable and full particulars of the outcomes will probably be printed on our official web site.

This buyback will probably be the first in a collection of KICK token buybacks to be carried out on the KickEX change and is particularly carried out for a small quantity, as that is an experimental buyback of tokens and a take a look at of the mechanism. Each time the buyback mechanics will change, enhance, and goal totally different audiences: holders of a small quantity of tokens, “whales” of the KICK token and newcomers. Each new buyback will probably be extra fascinating, technologically superior and higher than the earlier one. You can observe the information and bulletins of new token buybacks on the KickEX change.

Participate in buyback!

Disclaimer. This article is paid and supplied by a third-party supply and shouldn’t be considered as an endorsement by CoinIdol. Readers ought to do their very own analysis earlier than investing funds in any firm. CoinIdol shall not be accountable or liable, instantly or not directly, for any harm or loss brought about or alleged to be brought on by or in reference to the use of or reliance on any such content material, items or companies talked about on this article.

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