OKX Jumpstart Presents SUI Coins Subscription+Lottery Event: All you need to know

According to the official news of OKX, OKX Jumpstart will start selling SUI coins on April 23, 2023 (UTC+8). The activity will use the latest “subscription+lottery” method to sell SUI coins, with a sales price of 0.1 US dollars and payment currency of OKB. This process includes position statistics, new currency subscription, lottery and distribution. You can participate in the activity through the OKX APP and complete KYC2 verification and other conditions. At the same time, for contributors to the Sui ecosystem, additional whitelist sales will be launched. The whitelist sales are only open to contributors of the Sui ecosystem, and users need to complete the whitelist verification of the Sui Foundation.

OKX Jumpstart will start SUI sales on April 23, 2023

On April 23, 2023 (UTC+8), OKX Jumpstart, one of the largest cryptocurrency exchanges, will launch a new sale for SUI coins, a digital asset that has been gaining traction lately. This sale will use the “subscription+lottery” method, with a fixed sales price of 0.1 US dollars and payment currency in OKB. In this article, we will explore how you can participate in this event, what you should know about SUI coins, and who is eligible for the additional whitelist sales.

Outline

I. Introduction
– Overview of OKX Jumpstart’s new sale for SUI coins.
II. Details of the Sales Method
– Explanation of the subscription+lottery system.
– Sales price and payment currency.
III. How to Participate in the Event
– Steps to participate through the OKX APP.
– KYC2 verification and other conditions.
IV. About SUI Coins
– Introduction to SUI coin and the Sui ecosystem.
– Recent developments and its potential value.
V. Whitelist Sales
– Information on the additional whitelist sales.
– Eligibility criteria.
VI. Conclusion
– Recap of the article’s main points.
– Final thoughts on the significance of the event.
VII. FAQs
1. What is KYC2 verification, and why is it necessary to participate in the OKX Jumpstart event?
2. Can I purchase SUI coins using currencies other than OKB?
3. What are the benefits of contributing to the Sui ecosystem?

Details of the Sales Method

The “subscription+lottery” system, as the name suggests, is a unique way of selling digital assets that combines subscription and lottery elements. In this system, buyers subscribe to a fixed number of tokens at a fixed price, after which they enter into a lottery draw for a chance to purchase the tokens.
For the sale of SUI coins on OKX Jumpstart, the sales price is fixed at 0.1 US dollars, and the payment currency will be OKB, an internal cryptocurrency of the OKEx platform. Buyers need to lock up their OKB as a guarantee to participate in the subscription process.

How to Participate in the Event

To participate in the OKX Jumpstart sale, buyers need to follow these steps:
1. Download and log in to the OKX APP.
2. Complete KYC2 verification, which includes identity verification and other personal data.
3. Lock up the required OKB amount to participate in the subscription process.
4. Subscribe to a fixed number of SUI coins at a sales price of 0.1 US dollars.
5. Enter into the lottery draw for a chance to purchase the SUI coins.
It is essential to note that the subscription and lottery process will take place simultaneously. Buyers who successfully win the lottery will receive the SUI coins into their accounts, and those who do not win will receive their OKB back.

About SUI Coins

SUI coin is the native cryptocurrency of the Sui ecosystem, a decentralized finance platform that offers various services such as liquidity farming, staking, and governance. The SUI coin has been generating interest lately due to its potential to disrupt the traditional finance industry.
Currently, the SUI coin’s circulating supply is limited, which makes it an attractive asset for investors. Moreover, the development team behind the Sui ecosystem continues to make strides in improving and expanding the platform, which could translate to an increase in the coin’s value.

Whitelist Sales

In addition to the subscription+lottery sale, OKX Jumpstart will offer an additional whitelist sale to the contributors of the Sui ecosystem. The whitelist sales will be more personalized, and the sale price may differ from the subscription+lottery system.
To be eligible for the whitelist sales, users must complete whitelist verification through the Sui Foundation. Only contributors to the Sui ecosystem will have access to the whitelist sales, making it a highly sought-after opportunity.

Conclusion

OKX Jumpstart’s upcoming sale of SUI coins is a significant event for crypto enthusiasts and investors. The subscription+lottery system and the additional whitelist sales bring exciting opportunities for buyers to gain access to SUI coins while also potentially benefiting the Sui ecosystem.
The sale will be available for participation through the OKX APP and requires KYC2 verification and OKB as the payment currency. Additionally, the SUI coin’s potential value makes it a valuable asset for those looking to invest in a promising cryptocurrency.

FAQs

1. What is KYC2 verification, and why is it necessary to participate in the OKX Jumpstart event?
KYC2 verification is the second tier of verification on the OKX platform, which involves identity and personal data verification. It is necessary to participate in the Jumpstart event to ensure that buyers comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) policies.
2. Can I purchase SUI coins using currencies other than OKB?
No, the sales price in the Jumpstart event is only available in OKB, the internal cryptocurrency of the OKEx platform.
3. What are the benefits of contributing to the Sui ecosystem?
Contributing to the Sui ecosystem provides opportunities for users to earn more SUI coins through services such as liquidity farming and staking. Additionally, contributing to the ecosystem helps improve and decentralize finance services globally.