BTC 50% OFF!

1. Event schedule

Event starts: 2022/06/16 11:00 (UTC)

Event ends: 2022/06/17 11:00 (UTC)

2. Pledge process

Step 1: Once the event begins, you can click “Purchase” and enter your pledge amount. Your pledge must not exceed the pledge limit of the event.

Step 2: After the pledge period, we will calculate the amount of featured crypto you will receive proportional to your pledged amount and the discount (determined by how much has been collectively pledged by participants).

Step 3: We will add the featured crypto and any refunded funds from your pledge into your spots account.

3. Calculation for featured crypto

The discount is determined by the number of participants that pledged. The more participants, the greater the discount.

• 0-500
  10%Discount
• 501-1000
  20%Discount
• 1001-2000
  30%Discount
• ≥2001
  50%Discount

4. Pledge limits

Every event has a minimum and maximum pledge limit. For example, if the event has a minimum pledge limit of 100 USDT and a maximum of 1000 USDT, your pledge amount must be within 100 - 1000 USDT. All the pledge limits are calculated in the specific crypto on respective events.

5. Calculation for featured crypto

1) If the total pledge amount of users is less than or equal to the total value of the featured crypto, you will receive the featured crypto based on how much you pledged.

2) If the total pledge amount of users is greater than the total value of featured crypto, you will receive the featured crypto based on your pledge proportional to the total pledge amount of users.

*Exchange formula: featured crypto you will receive is equal to your pledge amount divided by the total pledged amount, then multiplied by the total value of the featured crypto, and multiplied again by the final discount.

6. Featured crypto price

Due to the volatility of cryptocurrency, the purchase price of the featured crypto (before applying the discount) will be based on the average price of the featured crypto during the pledge period.

The coin price = (starting + ending price) ÷ 2

* Both BGB (or other specified pledging crypto) and the featured crypto’s price will follow this formula to calculate the price for GroupCoin purchase.

7. Eligibility

You must complete KYC verification to be eligible for Bitget GroupCoin.

Your Spot holdings must be ≥ 1000 BGB for participation eligibility.