What is KUSD / IUSD?
They act as prepaid coupons for automatic mining allowing users to perform automatic mining more easily. Users exchange USDT and get KUSD and IUSD in one-step (minimum purchase amount is $20 (20 USDT)). KUSD and IUSD are coins for automatic mining, thus they cannot be sold or withdrawn.
VIP members and Premium members who purchase specific amounts of KUSD / IUSD will receive Bonuses at the time of purchase and can participate in Pre-mining at discounted prices.
Depending on the purchase date, VIP members and Premium members will be granted a Bonus.
- 'Bonus Potential Gains' are the percentage of the maximum potential profit a user can attain if they are able to mine all their purchased KUSD/ISDT on that day. Koindex cannot guarantee all purchased KUSD/IUSD can be mined on VIP Day and Premium Day due to the limited supply available each day.
- KUSD/IUSD that could not be used during on a particular Pre-Mining day can also be used on days other than VIP and Premium Day. Users can mine KOIN with a large discount on days other than these two days during Pre-Mining.
- VIP members are those who purchase 15,000 USDT or more worth of KUSD / IUSD before Pre-Mining (VIP day) begins.
- Premium members are those who purchase 2,000 USDT or more worth of KUSD / IUSD before Pre-Mining (Premium day) begins.
- Users can qualify for VIP day (15,000 USDT or more) and Premium day (2,000 USDT or more) simultaneously. Participation rights for each day will be maintained even if a user’s balance decreases. (VIP members can also participate in Premium Day)
- Premium and VIP Bonus potential gains include the bonus KUSD/IUSD amount granted and assumed listing price of KOIN at 0.025 on Launch Day 8/18.
How do I purchase KUSD/IUSD?
Step 1: Sign In. Make sure you have passed Identity Verification (KYC)
Step 2: From the top menu, navigate to “Mining Ticket”
Step 3: Deposit USDT, if you haven’t yet. You can make a USDT deposit by clicking here:
Step 4: Input the amount of USDT you want to convert to KUSD & IUSD
Step 5: Click on “Convert”. You now have KUSD & IUSD!
8/5 06:45 UTC 〜 8/12 06:44 UTC
8/12 06:45 UTC 〜 8/17 06:45 UTC
1st Stage Bonus Simulations
User makes cumulative purchases for the below amounts until ~8/12 06:44 UTC:
2,000 USDT = 1,020 KUSD & 1,020 IUSD (2% bonus & qualify for Premium Day)
15,000 USDT = 7,875 KUSD & 7,875 IUSD (5% bonus & qualify for both VIP & Premium Day)
2nd Stage Bonus Simulations
User makes cumulative purchases for the below amounts until ~8/17:
2,000 USDT = 1,010 KUSD & 1,010 IUSD (1% bonus & qualify for Premium Day)
15,000 USDT = 7,725 KUSD & 7,725 IUSD (3% bonus & qualify for Premium Day)
- To become a VIP or Premium member, your cumulative purchase amount will need to be 15,000 USDT or more or 2,000 USDT or more, respectively.
- Please note that purchases of KUSD/IUSD are final and non-reversible (USDT is non-refundable).
- Purchases are only available in USDT.
- The minimum purchase amount is 20 USDT.
- KUSD and IUSD are auto mining exclusive coins and cannot be sold or withdrawn.
- KUSD / IUSD do not expire and can also be used any time after Pre-Mining.
- When KUSD / IUSD are used during auto mining, they will be swapped for USDT and paid out as distributions and affiliate rewards.