What is CoinEx Mining?
CoinEx Mining allows you to lock one or more specified assets to earn new coins or trendy tokens as mining rewards. Additionally, the assets locked in mining are not frozen, they can be removed at any time, offering you flexible asset management while enjoying extra rewards.
CoinEx Mining Participation
1. Participation requirements: You can participate in mining as long as you have completed primary verification and your account has not been flagged as high-risk by the platform.
2. Participation activities:
- When the event status is displayed as "Lock Early," users can lock supported assets in advance. Once mining begins, the locked assets will start generating rewards.
- When the event status is displayed as "In Progress," it means mining has already started, and the locked assets are generating rewards, with cumulative earnings updated hourly.
- When the event status is displayed as "Ended," the rewards from participating in mining will be settled and distributed to your Spot Account within 1 hour.
3. In a mining event that supports multiple assets, you can lock multiple assets simultaneously.
CoinEx Mining Settlement
1. NO rewards are generated or given for assets locked during the "Lock Early" period.
2. During the mining, you can lock and remove assets at any time, during both the "Lock Early" and "Mining" periods. The system takes multiple random snapshots of the your locked assets and the total assets locked by all users every hour. At every o’clock, the average value of these snapshots from the previous hour is used to calculate the your share of locked assets, and mining rewards are distributed based on this share.
3. When you lock assets, the corresponding amount will be temporarily frozen in your Spot Account. When you remove assets, the corresponding amount will automatically be unfrozen in the Spot Account. If assets are not removed by the end of the event, they will be automatically unfrozen and returned to the Spot Account.
How to Join CoinEx Mining
1. Visit CoinEx official website (https://www.coinex.com), log in to your account, and select [CoinEx Mining] > [Promotion] in the top-left corner.
2. Find "Mining Pool(s) on the"CoinEx Mining"page, select your desired mining project, and click [View]. (For the following steps, we'll use the USDT Pool as an example.)
3. Click [USDT Pool] on the "Mining Homepage". After reviewing the project details, click [Lock].
4. Read and tick the box for “I've read and agreed to ‘Mining User Agreement’”. Enter the amount you want to lock, and then click [Lock].
5. A pop-up will appear showing the successful lock.
6. After locking, click [Mining operation records] to view the information of [Historical reward records] and [Mining operation records].
How to Remove Assets From Mining Pool
1. Click [Remove] in [USDT Pool], enter the "Removed amount", and click [Remove] again.
2. Click [Confirm] after the pop-up shows "Remove successful".
Note: The removed assets will no longer generate mining rewards.
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CoinEx Mining Terms And Conditions