Announcement Center

Dear users:

CoinW will launch the December ETF New User Invitation Challenge, where users who invite friends to participate in ETF trading for the first time can sprint for the 2023 Gold Prize! Meanwhile, all users participating in ETF trading for the first time will also receive daily ETF rewards. Details of the event are as follows:

Event Period: 2023/11/30 16:00~2023/12/31 16:00（UTC）

Event ETFs: All ETF tokens

Get 10 USDT for the First ETF Trade

During the event, users who participate in ETF trading for the first time after registration will receive a 10 USDT ETF bonus the next day. The daily total prize pool is 5000 USDT, available on a first-come, first-served basis!

Invite Friends for a 5 USDT Bonus on Their First ETF Trade

During the event, users who invite friends to register and participate in ETF trading will receive a 5 USDT ETF bonus when the invitee participates in ETF trading for the first time!

Invite Friends for a Gold Prize Sprint

During the event, rankings will be based on the number of friends invited who participate in ETF trading. The user with the highest ranking will receive a 1-ounce gold prize! Specific ranking rewards are as follows:

Important notes:

• Invitations and transaction counts for Activities 2 and 3 will only be considered for users who registered and participated in ETF trading during the event period.
• Rewards for Activities 1 and 2 will be distributed daily, while rewards for Activity 3 will be distributed within 10 working days after the event ends.
• The gold reward will be distributed in the form of equivalent tokens like PAXG.
• To ensure fair play, any malicious activities such as bulk registration, creating multiple accounts, etc., are strictly prohibited. Users engaging in activities that disrupt the normal operation of the event will have their prize eligibility canceled, and severe cases may result in the freezing of accounts.
• Market makers are not considered as independent accounts participating in the event.
• The final interpretation of the event is reserved by CoinW. If you have any questions, please contact CoinW customer service for consultation.

What are ETF Products?

ETF products track the daily price movements of target assets by a certain multiple. They support both long and short positions, allowing users to achieve double-long and double-short returns in the same way as spot trading. ETF products address the limitations of spot trading, which can only be done in single increments and does not support shorting. Even when the spot market is falling, ETFs can still generate profits. There is no need to bear the risks of contract margin and forced liquidation. Users can directly trade ETF tokens to earn returns.

The naming convention for ETF products is: Token name + Leverage multiple + Long/Short direction (L for long, S for short). For example, BTC3L represents a 3x long BTC ETF product. When the spot price of BTC rises by 10%, the BTC3L token will increase by 30%. BTC3S represents a 3x short BTC ETF product. When the spot price of BTC falls by 10%, the BTC3S token will increase by 30%.

CoinW official website: https://www.coinw.com/

CoinW APP download :https://www.coinw.com/page/download/index.html

Telegram : https://t.me/CoinW_ETF

Twitter:https://twitter.com/CoinW_ETF

CoinW

2023/11/30