【New Listing】 Velas coin(VLX)Deposit & Trade to share 200,000 VLX!

Dear users,

DigiFinex will list Velas coin（VLX）, open trading service of VLX/USDT at 16:00 (GMT+8) on August 18th. The specific schedule is as follows: 

• Time of opening deposit: 11:00(GMT+8) August 18th
• Time of opening trading: 16:00(GMT+8) August 18th
• Time of opening withdrawal: 11:00(GMT+8) August 18th
• Trading pair: VLX/USDT, VLX/BTC

We will launch the following events:
Event period: 11:00 (GMT+8) August 18th - 11:00 (GMT+8) August 24th
Rewards distribution: rewards will be distributed in 7 days after this event ends.

Event 1: 10,000 VLX exclusive for new users
During this event, newly registered users whose trading volume (buys & sells) of VLX/USDT reaches 100 USDT can share the 10,000 VLX in the reward pool exclusive for new users.

Event 2: Deposit VLX to share 40,000 VLX
During this event, users whose net deposits ≥ 700 VLX(net deposits = total deposits - withdrawals) can share 40,000 VLX according to the proportion of personal VLX net deposit amount. (Internal transfers are not included)

Reward calculation: Reward = (personal VLX net deposit amount/sum of all net deposit amount larger than 700 VLX) * 40,000 VLX

Event 3: Trade VLX to share 150,000 VLX

This contest is a net buy-in trading contest, and the winner will be determined by the net buy-in volume.

Net purchase quantity = total quantity of VLX bought-total quantity of VLX sold

Entry conditions: buy at least 1000 VLX

Note:
1. Only parent accounts can be used to participate in this event and to claim rewards.
2. During this event, users with dishonest behaviors including fake volume, bulk registration, self transaction or matched trading will be disqualified from this event. In severe cases, the account will be frozen.

Project name: Velas Coin（VLX）
Official website: https://velas.com
Block explorer: https://native.velas.com/

The Velas blockchain has its own proprietary cryptocurrency known as the Velas Coin, or simply ‘VLX’. This digital asset has a number of key functions:

Firstly, as the token used to fuel the Velas network, VLX is required to power smart contracts.

Secondly, VLX  is also required to engage in staking. For those unaware, staking incentives users to lock a certain number of coins away, with the view of supporting the blockchain. In return, the user will be accustomed to a share of block rewards and transaction fees, proportionate to the number of tokens they stake.

Risk Alert: This is a new token project that has higher risks than others. Potential high price volatility could incur. Please ensure that you have done your own research regarding the fundamental concepts and have fully understood this project before trading. DigiFinex will make the best efforts to list high-quality token projects, but will not be responsible for any of your trading losses.

Thank you for your support!

Digifinex Team
Aug 15^th, 2021

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DigiFinex (digifinex.com)DIGIFINEX LIMITED. reserves all rights of this event, including but not limited to adjustment, explanation and termination at any time.