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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: btc-mark on July 12, 2018, 01:22:17 PM



Title: ALC First Day's Trading&Mining is Finished, Trading&Mining Rule Will be Updated
Post by: btc-mark on July 12, 2018, 01:22:17 PM
With the support of community users, Allcoin first day's ALC trading & mining has finished.
The trading & mining opening time was at 15:00, 12th, July, 2018, Beijing time. 5,000,000 ALC was mined up only within 20 minutes. Allcoin will distribute ALC mining bonus to users before ALC is live for trade at 16:00 13th, July, 2018, Beijing time (UTC+8) for the first time.

To provide users with a smooth trading & mining experience, Allcoin decides to make a supplementary adjustment for ALC's trading & mining plan, the details are as follows:
1. In order to be in line with ALC's listed, the later trading & mining time is adjusted to 17:00, 13th, July, 2018 Beijing time (UTC+8). There is no limit on the total volume of ALC, until all the 51% of ALC is mined up. ALC trading & mining bonus will be distributed according to the average price after ALC trading is opened.
2. To maintain the interests of users, trading & mining through API is forbidden. The daily mining limit of the each user account is set to: ALC that worth 2000 CNY.

After the trading & mining was opened, Allcoin website didn't work smoothly within 1 hour, this caused a part of users expended excessive trading fee. Allcoin decides to return the trading fee for users who participated in trading & mining during 15:20-16:00, July 12th, 2018, Beijing time (UTC+8). All the trading fee will be returned within 3-5 workdays.

As for the problems occured on Allcoin website recently, Allcoin technicians did comprehensive repair. Thanks for your support!

Allcoin Team