Dear LBank users：

 

LBank will launch the "Alpha5 (A5T)" special sale on March 1. The total amount of this sale is A5T equivalent to 100,000 USDT, and the "USDT Special" enjoys an equivalent of 30,000 USDT. Participation rules are as follows (The activity currently only supports participation on the website):

 

Purchase Lottery time：11:00-18:00 on Mar 1, 2021 (UTC+8)

Purchase Supply：40,600 A5T 

Purchase Currency：USDT

Purchase Method：Lottery Ticket Purchase

Quota Per Lottery：74 USDT(100 A5T)

Participation conditions: need to pass KYC verification

Lottery Ticket Price: The current calculation result is: 1USDT=1.3513 A5T

Position Snapshot Period: 4 Days

Daily Snapshot Time: Feb 26, 10:00-Mar 01, 10:00(UTC+8)

Release rule: After the lottery is completed, it will be released all at once before going online

Trading Enable: Mar.01, 20:00(UTC+8)

Purchase limit：The number of purchase tickets is set according to the amount of USDT (spot) held by the user within the specified time. Users who do not hold USDT cannot participate. Users who hold more USDT have a higher purchase quota. The following is a comparison table between the number of USDT held for this subscription and the purchase limit: 

 

Number of USDT held during the snapshot period（h）

Purchase quota (USDT)*lottery

3,000<=h<5,000

74*1

5,000<=h<10,000

74*2

10,000<=h<20,000

74*5

20,000<=h<30,000

74*9

30,000<=h<40,000

74*15

40,000<=h<50,000

74*21

50,000<=h<100,000

74*26

h>=100,000

74*30

 

Example

User B participates in this round sale with snapshot balance of 6,000 USDT. The user requests for 2 lottery tickets ,The corresponding amount of USDT to be paid is:

 

74*2=148 USDT

After lottery draw user B wins 1 and lose 1, the USDT should be returned to user B is:

74*1=74 USDT

 

 Announce Lottery Draw Result and Complete Excess Return

  • Winning tickets will be announced within 1 hours after the conclusion of purchase period, and return the USDT which the tickets not win.

 

The following countries&regions are not supported in this event:

Afghanistan, Albania, belarus, bosnia and herzegovina, Burundi, Burma, Canada, the democratic republic of Congo (gold), Cuba, Ethiopia, guinea Bissau, guinea, Iran, Iraq, Japan, Korea, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, and Uganda, Ukraine, the United States, venezuela, yemen, Zimbabwe.

Users in other countries should participate in accordance with their own nation laws.

 

Risk Warning

  • Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. This announcement and any other information on LBank are not to be regarded as investment advice. LBank is not responsible for any losses generated by using the information thereof.
  • Any individual who tampers or attempts to tamper with the process or the operations of the subscription will be disqualified from 「USDT Special Event」.
  • In case of dispute, LBank reserves the final right of decision. 

 

If you have problems, please contact LBank official email: [email protected], and we will provide sincere, friendly and immediate service for you. We also welcome you to join LBank.info official English community to discuss the latest issue, (Telegram): https://t.me/LBank_en.