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Dear KuCoin User,
To celebrate HIBAYC being listed on the KuCoin Trading Bot, we will be launching a campaign to give away ZERO Trading Fees for creating HIBAYC/USDT trading bot.
â° Event Duration: 10:30 on August 3, 2022 (UTC) â 15:59 on August 10, 2022 (UTC)
Activity 1: ZERO Trading Fee Offer for HIBAYC
How to Create a HIBAYC/USDT Bot with ZERO Trading Fee?
Step 1: Claim a 100% trading fee deduction coupon đ
Step 2: ClickăTrading Botă, then select HIBAYC/USDT pair on the Spot Grid market.
Step 3: SelectăAutoăorăCustomizeămode to set parameters.
TipsđăAutoămode is recommended for KuCoin Trading Bot newbies.
Step 4: Select the coupon to deduct the trading fee.
Activity 2: HIBAYC/USDT Trading Bot Challenge
Fill out this form to register for the event.
Users who create new Trading Bots to trade HIBAYC/USDT during the campaign period, keep bots running for more than 24 hours, achieve grid profit above $1 USDTïŒ and complete the following tasks can claim up to 42 USDT rewards.
Requirements:
Market: Spot Grid Bot, Infinity Grid Bot
Pairs: HIBAYC/USDT
Running period: more than 24 hours
Grid profit: more than $1 USDT
Lvl 1: Run HIBAYC/USDT Spot Grid Bot or Infinity Grid Bot for more than 24 hours and have at least 5,000 USDT investment to earn 2 USDT rewards.
Lvl 2: Run HIBAYC/USDT Spot Grid Bot or Infinity Grid Bot for more than 24 hours and have at least 15,000 USDT investment to earn 10Â USDT rewards.
Lvl 3: Run HIBAYC/USDT Spot Grid Bot or Infinity Grid Bot for more than 24 hours and have at least 50,000 USDT investment to earn 30Â USDT rewards.
Task Level | Investment Requirements | Rewards |
Lvl 1 | 5,000 USDT Investment | 2 USDT |
Lvl 2 | 15,000 USDT Investment | 10 USDT |
Lvl 3 | 50,000 USDT Investment | 30 USDT |
What is HIBAYC Token?
HiBAYC is a fraction token backed by BAYC NFT. One HiBAYC token represents 1/1,000,000 BAYC in an on-chain BAYC Meta-swap pool operating by Fracton Protocol. Therefore, the circulating supply of HiBAYC is equal to the total supply and based on the actual amount of BAYC in the BAYC Meta-swap pool, which can be monitored by a public address-( 0x83031984B45553070a088273f341BfF7fB4f2F46), with a 100% reserve guarantee.
1 BAYC NFT = 1,000,000 hiBAYC
Click HERE to know more details.
Why should I create HIBAYC/USDT Grid Bot?
The price of each HIBAYC = 1/The actual amount of BAYC * 1,000,000
The actual amount of BAYC can be monitored on the public chain, which guarantees the price fluctuation of HIBAYC is transparent and traceable, which meets an ideal condition for grid arbitrage.
Letâs take the HIBAYC performance as an example.
From July 30, 2022 to Aug 2, 2022, the price of HIBAYC kept fluctuating from 0.13 USDT to 0.2 USDT, and it never fell below 0.13 USDT. So if you create a bot during this period, youâll get 7*24 nonstop arbitrage.
As of 09:00 on August 3rd, the top 1 APR of HIBAYC/USDT on the Spot Grid market is up to 1071.27%. The price range is set as 0.13-0.2, which can be used as a reference for you.
Explore HIBAYC/USDT Grid Trading to Make More Profits Now!
Tips
Grid trading is a strategic tool that automates the buying and selling of crypto at preset intervals around a preset price range to construct trading grids. If the price range and the number of grids you set are reasonable, the strategy can help you gain grid profits in 7*24 nonstop arbitrage.
The KuCoin Team
Find The Next Crypto Gem on KuCoin!
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.