Fuel Network (FUEL) Genesis Sale on Bitget LaunchX
Bitget is excited to announce the listing of the LaunchX project Fuel Network (FUEL).
Bitget LaunchX is our innovative token distribution platform designed for the Web3 community. It enables users to discover promising projects early and gain access to project tokens during their launch stage.
About the project
Fuel Network LaunchX details
● Coin name: Fuel Network (FUEL)
● Total supply: 10,000,000,000 FUEL
● LaunchX volume: 275,000,000 FUEL (2.75% of total supply)
● Total hard cap: 5,500,000 USDT
● Exchange rate: 1 FUEL = 0.02 USDT
● Commitment method: USDT
● Individual hard cap (USDT): 5000
● Individual min. commitment (USDT): 20
● Individual subscription cap (FUEL): 250,000
How LaunchX works
1. LaunchX adopts a commitment-subscription model. The more you commit, the larger your subscription share!
2. Bitget LaunchX participants can calculate their new coin allocation according to the following formula: new coin allocation for a user = (user's commitment amount ÷ total commitment amount of all users) × total tokens sold in the current LaunchX promotion.
3. The commitment amount for each user cannot exceed the individual commitment limit, and the allocation of new coins to each user cannot exceed the individual subscription limit.
How to participate:
1. Log in to your Bitget account.
2. Web: Click Launchhub in the navigation bar, and select LaunchX from the dropdown menu, or visit here for quick access. App: Open the Bitget app, tap LaunchX in the quick access section, or find LaunchX under More.
3. Visit the project's details page. If the project is in the subscription phase, tap Subscribe Now and enter your commitment amount in the pop-up window, and tap Confirm. If the subscription period hasn't begun, please check back later.
4. Once the subscription is complete, wait for the distribution. Afterward, you can view your coins in your spot account. If the amount of new coins you received from the subscription is less than the actual commitment amount, any excess funds will be unlocked and returned to your spot account after the distribution period ends.
Fuel Network (FUEL) LaunchX timeline
|
Promotion phase |
Date |
|
Subscription phase |
December 17, 02:00 – December 19, 02:00 (UTC) |
|
FUEL distribution phase |
December 19, 02:00 – December 19, 10:00 (UTC) |
|
FUEL/USDT spot trading listing time |
December 19, 10:00 (UTC) |
Notes:
1. What are the requirements to participate in LaunchX?
To ensure a safe and compliant environment, Bitget LaunchX requires all users to complete identity verification. Sub-accounts and restricted accounts are not eligible to participate.
2. How much can users commit in LaunchX and how many new coins can users subscribe to?
Each LaunchX public sale has an individual commitment limit, which cannot be exceeded. Additionally, there may be an individual subscription limit, specifying the maximum number of new coins one can acquire in each public sale.
3. When can I expect to receive the new coins after committing?
The new coins will be calculated and distributed before the distribution period ends. Due to batch processing of data, there may be a delay in the distribution. We appreciate your patience. You can track your LaunchX income and expenses in Assets > Spot Account > Spot Records.
4. Can users withdraw committed funds at any time?
No, once committed, the funds cannot be withdrawn at any time as you want. After the new coins are distributed, if the number of new coins you receive is less than the actual committed amount, any excess funds will be unlocked after distribution.
Terms and conditions
1. Users must complete identity verification to participate in the promotion.
2. All participants must strictly comply with Bitget's terms and conditions.
3. Sub-accounts, institutional accounts, and market maker accounts are not eligible for the promotion.
4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.
5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.
6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.
Disclaimer
Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!
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