Dear Users,
Thank you for your continuous support and trust in JuCoin. We are issuing the following announcement regarding the abnormal trading situation that occurred during the launch of WBKC:
Event Description:
On February 14th, during the launch of the WBKC/USDT trading pair, due to high market trading activity, some users inadvertently set their buy orders at excessively high prices (up to 1000 USDT), resulting in trades with other users.
After in-depth communication with the WBKC Foundation, we have decided to compensate users who bought at high prices.
The compensation plan is as follows:
With a base price of 1.7 USDT
For users who bought WBKC at prices above this base price
We will refund the amount in excess of the base price in USDT
Compensation Process:
The system will automatically identify trading records that meet the compensation criteria
Compensation will be distributed directly to users' accounts in the form of USDT
The JuCoin Team
February 15, 2025