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KuCoin launches $1M futures airdrop to reward traders holding new listings
๐คAI Summary
KuCoin has launched a $1 million USDT airdrop program to incentivize traders who hold positions in newly listed futures contracts for longer periods. The initiative rewards time-based holding rather than trading volume or speed, aimed at boosting early liquidity in altcoin futures markets.
Key Takeaways
- โKuCoin introduces a $1 million USDT airdrop for new futures listings traders
- โRewards are based on position holding time rather than trading volume or speed
- โThe program aims to increase early liquidity in altcoin futures markets
- โThis represents a shift toward incentivizing longer-term position holding over high-frequency trading
Read Original โvia CoinJournal
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