AAX is excited to announce the upcoming Launchpad Phase 9 featuring Ethereum (ETH) and Shiba Inu (SHIB) at 50% off. There is a maximum supply of 1,600 lottery tickets for this round.

AAX Launchpad is a space to buy discounted tokens using draw lots format. There are several ways for you to get your hands on tickets for the draw, which includes holding cryptos (a certain amount of AAB or USDT), subscribing to AAX Savings, inviting friends, and joining the AAX Savings Telegram community.

Users can then subscribe to the featured Launchpad projects after obtaining tickets. You can subscribe to a project’s token using AAX (AAB) or Tether (USDT) as payment. Different payment channels are available for your convenience.

The event starts at 09:00 on Aug. 25 (UTC).

How are ticket issuances calculated?

Users who want to participate have to hold coins or subscribe to AAX Savings on 09:00 am, Aug. 18 (UTC). The longer you hold or subscribe, the higher the number of tickets you get.

Let’s assume you subscribed 15,000 USDT in your AAX Savings account. The formula of ticket calculation is:

Number of tickets = Crypto holdings in savings account * number of days subscribed/number of days before the campaign begins/ ave subscription amount in fixed savings

For example:

If user A subscribes to 15,000 USDT in their savings account from 09:00 on Aug.18 (UTC) until the next day, then the tickets by 09:00 of Aug. 25 (UTC) will be: 15,000 * 7/7/1500 = 10 tickets.

If user B subscribes to 15,000 USDT in the savings account from 09:00 Aug. 20 (UTC) to the next day. Then the tickets of 09:00 of Aug. 25 (UTC) are: 15000*5/7/1500=7.13 tickets , 7 tickets available.

How to get draw tickets:

  • Hold cryptos

AAB holding amount for each day needs to be ≥ 1,200 USDT 7 days before the start of the subscription. Every 1,200 USDT worth of AAB can earn you one subscription ticket. There is no limit to how many tickets you can obtain.

  • Subscribe your coins to fixed savings

You can subscribe your AAB, BTC, ETH, USDT, USDC to fixed savings with a minimum subscription of 1,500 USDT for 7 days. Every 1,500 USDT fixed savings can earn you one subscription ticket. There is no limit to how many tickets you can obtain.

  • Invite your friends

Before the start of the subscription, every friend you invited to register an account can earn you 1 ticket. Each person can obtain 6 tickets max for inviting friends. Use only the invitation link generated through Launchpad.

  • Join the Telegram community:

Before the start of the subscription, joining the AAX Savings Community can earn you 1 ticket.

How does the AAX Launchpadwork?

  • Users can join the Launchpad projects after obtaining the subscription tickets as mentioned in the instructions above. Each ticket represents 18 USDT or a 20 AAB subscription limit.

  • When the campaign begins, users need to select how many tickets they will enter in the draw lots and deposit the crypto required for the subscription. Users are not allowed to withdraw this deposited amount until the end of the subscription period. The subscription result is based on the ticket subscription rules - that the total fundraising amount needs to carry out a random winning mechanism.

  • The draw results will be displayed on the Launchpad’s official page one working day after the subscription is completed.

  • After the draw, the Launchpad page will show the amount of tickets that won and the amount of project tokens obtained. The system automatically deducts the subscription amount that won the lottery. The total amount of tokens won by users will be distributed to users’ spot accounts.

  • Users’ unsuccessful subscription amount will still be stored in the subscription program. After the subscription is completed, the withdraw subscription amount button will be displayed. Users can click on the “Withdraw subscription amount” button to redeem the unsuccessful subscription amount to spot accounts.

Risk notice: Digital currency deals are risky. Please pay serious attention to your trading and purchase with care. AAX is not responsible for your loss due to any behavior of your trading.

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AAX Exchange: https://www.aax.com/

Get the app:https://www.aax.com/download

Connect with us:

Email Help Desk: cs@aax.com

Telegram: https://t.me/aaxcommunity

AAX Futures Telegram Group-https://t.me/+dqQbWfqDvURlMTM1

AAX Savings Community https://t.me/aaxsavings

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Learn more:

Blog: https://blog.aax.com/en/

Academy: https://academy.aax.com/en/

Medium: https://medium.com/aaxexchange

YouTube: https://www.youtube.com/channel/UCUpkrnlJmPwQOFcb2GxKHxA

AAX reserves all rights in this announcement, including but not limited to, the right to adjust, interpret and terminate it at any time without prior notice.

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