In a recent blog post, the KuCoin exchange has notify SUI token sale schedule change and new schedule update.
The SUI token sale is divided into two pools – Public Sale Pool A and Approved Sale Pool B. Registration for Pool A will end at 11pm on April 22, 2023, while registration for Pool B will end at 8:00pm on May 1, 2023. KuCoin will close at 8pm on April 23, 2023 and 2023 Group A tickets will be announced at 2:00 pm on May 1, 2020.
KuCoin will verify the results of the double SUI token sale at 5:00 pm on May 1, 2023, and the double-pool token distribution will start at 8:00 pm on May 2, 2023 and end at 16:00 on May 3, 2023 , 2023. All times are Vietnam time.
The company also made an important announcement that the endorsement sale pool B is not based on a lottery and is only available to Sui ecosystem contributors on the approved list. KuCoin will verify whether participants are in the whitelist during the calculation and verification phase. If the participant is not on the approved list, their order will not be accepted and processed after the stage of calculating and verifying the results.
KuCoin also stated that it will deduct a corresponding amount of USDT from the trading accounts of eligible users and issue a corresponding amount of SUI. If the deduction is successful, the SUI will be issued to the user’s main account immediately. KuCoin reminds users to ensure that there is enough USDT in the trading account during the token distribution period, so as not to miss the buying opportunity of Spotlight.
KuCoin also reminded users that the SUI token sale is not available for US users. In addition, users who belong to the whitelist of Recognition Sale Pool B can also join General Public Sale Pool A with a maximum deduction of 1,000 + 45 USDT.
KuCoin emphasizes that Spotlight is a high-risk investment channel, and investors are requested to participate cautiously and pay attention to investment risks. The company also declares that it is not responsible for the user’s investment profits and losses, and the information provided by the exchange is only for users’ own research.
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