Dear WBF Exchange users:
WBF Exchange has been founded for one year, during which we have achieved many fruits. We appreciate our customers’ help and support. In the first anniversary of the establishment of WBF Exchange, we launched this special activity. The specific rules are as follows:
The rule for this activity:
- It starts from 10:00 to 12:00 on January 11, 2020, totaling 2 hours;
- The target buyingamount of this round is 11 BTC, which is allowed to be oversubscribed. Even if the target quota is completed, users can continue to buy BTC before the end of the activity. The weighted average allocation shall be adopted according the users’ buying ration after the end of the activity;
- Users shall subscribe in USDT for unlimited subscription times. It totals 2,000 U;
- Users must complete advanced KYC in advance;
- You can check the details in "assets" - "fund history" - "HotStar" after purchasing;
- This subscription only supports PC end, and APP is not available for the time being.
- WBF Exchange reserves the right to final interpretation.
- The weighted average distribution mode shall be adopted. The USDT used for subscription will be deducted. At the end of the activity, the system will distribute the BTC actually subscribed and return additional USDT according to the proportion of the single account payment in total payment.
- Calculation formula:
Buying coefficient = total BTC buying quota/actual total amount of BTC purchased by all users;
Actual volume obtained (BTC)= buying coefficient * volume of BTC purchased;
Actual cost (USDT)= buying price * actual volume of BTC obtained
- For example:
It totals 11 BTC. If the closing price of BTC on our platform is 7500 USDT the day before, then the purchase price is 1BTC=7500*0.7USDT=5250 USDT. When the quota reached 11BTC, users can still continue to pay USDT. Assuming that the amount raised at the end of the activity is 22 BTC, and A paid 2,000 USDT when the raised quota reached 12 BTC, then the actual buying result of A is calculated as follows:
The amount of BTC purchased= buying amount/buying price =2000/5250=0.38095238 BTC.
Buying coefficient = total BTC buying quota/actual total amount of BTC purchased by all users=11BTC/22BTC=0.5;
Actual volume obtained (BTC)= buying coefficient * volume of BTC purchased=0.5*0.38095238=0.19047619BTC;
Actual cost (USDT)= buying price * actual volume of BTC obtained=5250*0.19047619=1000USDT;
The amount of USDT returned by the system=actual payment-actual cost=2000USDT-1000USDT=1000 USDT.
In a conclusion, this system will distribute 0.19047619 BTC to the account of A, and return 1000 USDT to the exchange account.
Thank you for your support and cooperation. If you have any questions, please consult the official customer service!
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. WBF Exchange as a trading technology service provider does not undertake guarantee, compensation and other responsibilities for user’s investment.
WBF Exchange Website: www.wbf.info
WBF Exchange English Telegram: https://t.me/WBFex_EN
WBF Exchange Weibo: https://weibo.com/u/7029681334?is_hot=1
WBF Exchange welcomes high-quality assets transaction!
Invite friends to register and become community partners and get 85% referral bonuses detailed as follows: https://wbfex.zendesk.com/hc/en-us/articles/360033843294
WBF mining pool lockup reward program, get up to 12% annualized returns: https://www.wbfpool.com/wpt
WBF Exchange team
January 10, 2020