Notice on USDS Crypto Lending Event

Dear users,

USDS Crypto Lending has been online! In order to offer you more interest discounts, Bixin is now presenting the “USDS Crypto Lending Event”.

On top of the 0.02% USDS lending interest rate per day (7.3% annually) , now there’s a chance to win 4 new discount rewards and 1000 USDS (1000 USD in value). You only need to hold a standing loan of more than 1000 USDS over 10 days. Participating in the Event is as simple as sharing our slogan poster. Rules of the event are as follows:

 

Rewards

Grand prize: 1,000 USDS (1 user)

1st prize: 0 interest for a certain loan (2 users) —— 0 interest for a loan of at most 15,000 USDS and up to 60 days

2nd prize: 50% interest off for a certain loan (3 users) —— interest discount for a loan of at most 10,000 USDS and up to 60 days

3rd prize: 20% interest off for a certain loan (10 users) —— interest discount for a loan of at most 4,000 USDS and up to 60 days

 

The more you borrow, the bigger discount you get.

 

How to Participate

1. Download the latest Bixin Wallet App;

2. Use Bixin Crypto Lending, stake BTC and borrow at least 1000 USDS;

3. Share Bixin’s slogan poster from Bixin Wallet App to Twitter, and get 5 likes or retweets;

4. Fill out this online spreadsheet before deadline with the screenshot of the Tweet you posted and your UID to compete for the prizes;

5. Prize winners will be announced and notified after 14:00 June 10, 2020 (UTC+8)

 

Event Details

1. To be eligible, you must borrow more than 1000 USDS for a single loan.

2. The loan period should be longer than 10 days.

3. Loans originated between May 1 and May 31 2020 and other standing loans that originated before May are both eligible for this event.

Eg. If you have a standing loan that originated before May (of more than 1000 USDS), and the loan lasts more than 10 days in May, then you are also eligible for the event, you shall submit the online spreadsheet. If you win the prize, the interst benefit applies to the loan period since May 1st. Interest benefit’s coverage length is 60 days at most.

4. The length of interest benefit coverage is 60 days. If a loan is repaid wthin 60 days, the interest benefit applies to the whole lending period. If a loan lasts for more than 60 days, the interest benefit can only apply to the first 60 days of the lending period.

5. Users who borrow 10,000 – 15,000 USDS are eligible for prizes of all levels.

    Users who borrow 4,000 – 10,000 USDS are eligible for grand, 2nd, and 3rd prizes.

    Users who borrow 10,00 – 4,000 USDS are eligible for grand, and 3rd prizes.

6. Based on your KYC, each user can only win one prize for this event. If a user signs up for the event repeatedly, only the first submission will be counted.

7. The interest benefit of this event will not overlap with the “7 Days Interest-Free” benefit for new users.

8. With regard to any intentional exploitation of the event rules, such as repeated registrations of accounts to participate as multiple users, Bixin reserves the right to revoke the abuser’s eligibility for prizes.

9. Bixin reserves the right of final interpretation of the event.

 

Event period

00:00 May 1, 2020 (UTC+8) – 23:59 May 31, 2020 (UTC+8)

 

Claiming the Rewards

1. The winners will be announced after 14:00 June 10, 2020 (UTC+8).

2. Please pay attention to Bixin Wallet’s in-app private message.

3. Reward winners will be announced both in Bixin’s official site and Official Twitter @BixinWallet .

4. Interest reward will be issued to user’s Bixin wallet after the repayment. If the loan is not repaid after the maximum 60 days of interest benefit coverage, the user will receive the interest reward of the first 60 days when the 60-day interest coverage period ends.

 

Bixin reserves the right of final interpretation of the event.

You could contact Beki Zhang, Bixin Key Account Manager, through WeChat.

WeChat QR Code:

WeChat ID: Bekiblockchain

 

Download Bixin: https://bixin.im

Bixin Official Twitter: https://twitter.com/BixinWallet

Bixin Official Weibo: https://weibo.com/p/1006066421329605

Bixin Official WeChat: BixinWallet

Bixin Team

April 30, 2020

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