• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Invest
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
Coinlive
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
Coinlive
No Result
View All Result
Home Crypto News

Red Kite launches IDO cashback characteristic to secure traders

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Coinbase launches Bitcoin Futures through the new derivatives platform

Coinbase launches Bitcoin Futures by the new derivatives platform

June 24, 2022
Coinbase Launches Altcoin Listing Spree, Adding Long List of Crypto Assets Built on Ethereum

Coinbase Launches Altcoin Listing Spree, Adding Long List of Crypto Assets Built on Ethereum

June 24, 2022

Due to the volatility of the marketplace, following a lengthy reflection, Red kite has made a decision to open the IDO cashback facility commencing June 23, 2022.

Red Kite launches IDO cashback characteristic to secure traders

What is IDO Cashback?

Through the IDO refund mechanism, end users can determine no matter if to get their cash back following observing how the token performs in the marketplace. This characteristic presents a threat-free of charge method to IDO traders.

  • Effective date: applies to all IDOs from June 23, 2022 onwards. .
  • Scope of: end users and traders join IDO on Red Kite.

Terms and circumstances

  • Users and traders who have efficiently bought tokens but have not requested (obtained) tokens will be ready to request a refund.
  • Refund requests ought to be submitted inside the specified time.

The complete time for the refund request is thirty minutes.

Refund open: 15 minutes ahead of the TGE.

Close Refund: 15 minutes following TGE.

  • The cashback characteristic is only obtainable for pools requesting tokens by way of Red Kite. Pools of the “Airdrop” form or claimed by one more venture site will be excluded.
  • The refund request is utilized only to pools with the similar exchange (exchange) and obtaining (declare) network. For instance: BSC – BSC, ETH – ETH …

How to request a refund?

To be eligible for a Red Kite cashback, comprehensive the following actions:

Step one: Submit a refund request

  • Visit the project’s IDO web page at Red kite launch pad and decide on the tab “Complaint”.
  • Link the wallets that have joined the IDO.
  • Click the “Refund request” and verify the request.
Go to the project’s IDO web page on the Red Kite Launchpad and decide on the “Claim” tab.
  • Sign the wallet to verify.

Step two: Get the cash back

  • Click the “Request a refund”And signal the wallet to acquire the cash.
Click the “Request Refund” button and signal the wallet to acquire the cash
  • Funds will be returned to wallet following consumer confirmation.

Detailed guidelines: https://redkite-faq.polkafoundry.com/swap-and-claim-and-refund/how-to-refund-tokens

Note:

  • Users will not be eligible for a refund if a portion of the token has been claimed.
  • Refund requests ought to be submitted inside the specified time. If the consumer does not request a refund, the user’s standing will be converted to “Do not request a refund“.
  • The reimbursement course of action will get location by way of good contract. If the consumer encounters this error “Insufficient smart contract deposit “, please consider once again later on. when you press the button “Request a refund“, Please wait and consider once again later on.

The IDO refund characteristic will be officially utilized from June 23, 2022 for all IDOs on Red Kite. However, the time to request a refund is only thirty minutes. Therefore, end users should really periodically update facts concerning TGE / Token List Time and Refund Time by way of Red Kite official channels to make the greatest choice.

About red kite

Red Kite is a launchpad produced by PolkaFoundry as element of the Polkadot ecosystem. Projects on the Red Kite platform are meticulously picked by a rigorous overview course of action, which will take into account the following criteria for the origin of venture teams to legitimacy and functionality. Fundraising tasks by the Red Kite platform will be supported by a network of major advertising and marketing partners in the cryptocurrency marketplace.

Learn extra about the red kite: Website | Telegram | Twitter | medium

Maybe you are interested:

Note: This is sponsored material, Coinlive does not immediately endorse any facts from the over report and does not assure the veracity of the report. Readers should really carry out their very own study ahead of building selections that impact themselves or their companies and be ready to get accountability for their very own decisions. The over report is not to be viewed as investment tips.

Maybe you are interested:

Tags: cashbackfeatureIDOInvestorsKitelaunchesprotectRed
Share76Tweet47

Related Posts

Coinbase launches Bitcoin Futures through the new derivatives platform

Coinbase launches Bitcoin Futures by the new derivatives platform

by Shiba Inu
June 24, 2022
0

Retail traders will be ready to trade cryptocurrency futures by means of Coinbase, as the biggest US stock exchange will...

Solana makes Web3 smartphones, dApp store

Solana tends to make Web3 smartphones, dApp keep

by Shiba Inu
June 24, 2022
0

Solana Labs launches Solana Mobile Stack on the Android mobile platform and prepares to launch the Saga smartphone in early...

CoinFLEX exchange has blocked withdrawals, stating not "because of 3AC"

CoinFLEX exchange has blocked withdrawals, stating not “because of 3AC”

by Shiba Inu
June 24, 2022
0

Cryptocurrency exchange CoinFLEX is the most recent identify to block withdrawals for causes relevant to a third get together, but...

QiDAO is the next project to be exploited, what happened?

Convex Finance suffers a DNS assault

by Shiba Inu
June 24, 2022
0

This morning (June 24), the DeFi market place continued to encounter a whole lot of turmoil with cross-chain bridge attacks....

Harmony's Horizon Bridge was breached, damages estimated at $ 181 million

Harmony’s Horizon Bridge was breached, damages estimated at $ 181 million

by Shiba Inu
June 24, 2022
0

Bridge tasks proceed to be hacked, the most current currently being Harmony's Horizon with "9-figure" injury. Harmony's Horizon Bridge was...

Load More

Tags

ADA analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance fund game General News IDO Information Investment Latest Launch launches market Metaverse million Mining Network News NFT platform Price project Review SEC Token trading updates USD wallet

Recent Posts

  • Cardano Will Launch Its First Light Wallet | Latest News 23 June 2022 | Crypto News
  • Coinbase launches Bitcoin Futures by the new derivatives platform
  • Coinbase Launches Altcoin Listing Spree, Adding Long List of Crypto Assets Built on Ethereum
  • Red Kite launches IDO cashback characteristic to secure traders
  • Solana tends to make Web3 smartphones, dApp keep
  • CoinFLEX exchange has blocked withdrawals, stating not “because of 3AC”
  • Convex Finance suffers a DNS assault
  • Harmony’s Horizon Bridge was breached, damages estimated at $ 181 million
  • CoinFLEX Exchange Blocks Withdrawals, Domino Effect From The Market
  • Hot Testnet Version Of MetaDoge Will Be Released In July
  • What is dYdX($DYDX)| Everything you need to know about DYDX token
  • Convex Finance Suffers From DNS Attack
  • Harmony’s Horizon Bridge Was Hacked 181 Million USD
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7