Today, the buyback application for KOIN & XEX has started. If you wish to apply for the buyback, please be sure to verify the items below before applying.
KOIN & XEX Buyback Period
5/12/2021 12:00 UTC ~ 5/25/2021 11:59 UTC
KOIN Buyback Rate
The KOIN purchase budget of $ 2,182,500 will be proportionally distributed according to the amount of KOIN applied.
* KOIN owned by management is not eligible nor will be applied in the buyback.
XEX Buyback Rate
1 XEX = 0.003 USDT
KOIN & XEX Minimum Application Amount
100 KOIN or 100 XEX
By 6/4/2021 12:00 UTC, USDT will be distributed to your wallets
KOIN & XEX Buyback page
How to apply for the KOIN & XEX Buyback
① After logging in, click on the KOIN & XEX buyback application page
② Select ‘Buyback’
③ Select KOIN or XEX from the dropdown
④ Enter the amount you want to apply for the buyback、while either entering your own KOIN or XEX percentage (25%, 50%, 75%, 100%)
* You cannot apply KOIN that is being staked. If you want to apply KOIN that is currently being staked, please first go to the Staking page to unstake your KOIN (https://koindex.io/staking) to apply it for the buyback.
⑤ Click the red button (Buyback) to complete your application
* If you want to cancel or change your application amount within the application period, click on the "CANCEL" tab at the top of the page and enter the amount of KOIN or XEX you want to cancel.
KOIN & XCR Swap Rate
KOIN 0.04619 USD(+2% Bonus)
XEX 0.005 USD (+5% Bonus)
XCR 0.11 USD
* All of the remaining KOIN and XEX you do not apply for the buyback during this period will be subject to the XCR swap.
** We will announce the Swap for XCR and Koindex and CROSS exchange integration separately, so please stay tuned for those announcements.
About swapping for the KOIN Trade Bonus
We had made adjustments so KOIN can be used as a trade bonus that can be used as margin for leveraged transactions. However, due to the time it took to clear regulations, we are no longer able to offer a swap for trade bonuses.
Even though we tried to make this happen, we apologize to all users who were expecting to swap their KOIN for a trade bonus.
We ask you to choose either buyback or XCR swap for your KOIN.
The amount applied will be finalized when the buyback application period ends. Please note we cannot accept changes for the amount applied after the period ends.
Thanks for your support.