Bitget Wallet’s Announcement for the Exchange of $ARBK for $ARB

Announcement
Bitget Wallet’s Announcement for the Exchange of $ARBK for $ARB image 0

Dear Bitget Wallet (Previously BitKeep)ers,

As one of the most significant gateways for users to access the world of Web3, Bitget Wallet (Previously BitKeep) launched an airdrop campaign of Arbitrum Futures Token ($ARBK) on March 1, 2023, to contribute to the development of the Arbitrum and Layer 2 ecosystem.

ARBK is a credential of the Arbitrum official token ($ARB) issued by Bitget Wallet (Previously BitKeep). Eligible Bitget Wallet (Previously BitKeep) users can receive ARBK airdrops through red packets issued by cooperative channels, trading rewards, and other means during the campaign. Bitget Wallet (Previously BitKeep) has also airdropped ARBK to 108,000 active wallets of the Arbitrum ecosystem, up to 50 tokens each.

Since the launch of ARBK, it has consistently been among the most popular projects on Arbitrum for new users. As of the time of writing, there are over 141,000 on-chain ARBK holders, and the total number of transactions has exceeded 708,000. Web3 users and communities have widely discussed and warmly received ARBK, resulting in other leading platforms following suit.

As per the official documentation of Arbitrum, the total supply of $ARB is 10 billion, and the airdrop of $ARB tokens will be claimable on March 23. Eligible users are 100% guaranteed to exchange their ARBK tokens for $ARB tokens at a ratio of 10:1 as promised, as the total supply of $ARBK is 100 billion.

Multiple leading crypto exchanges will open for ARB deposits on March 23, and users can start trading on March 24. After ARB is listed on any leading crypto exchange, the exchange of $ARBK for $ARB will be completed within seven working days.

Bitget Wallet (Previously BitKeep) is pleased to announce that the exchange of ARBK for ARB will be open from 18 o'clock on March 22, 2023 (UTC+8) until 23:59 on April 4, 2023 (UTC+8).

The procedure for exchanging ARBK is as follows:

  1. Bitget Wallet (Previously BitKeep) will halt the red packet airdrop of $ARBK issued by cooperative channels on March 22, 2023 (UTC+8). A snapshot of user holdings will be taken at 23:59 on March 22, 2023 (UTC+8), and additional ARBK will be airdropped to eligible users for trading and invitation rewards. The airdrop will be completed before March 25, 2023 (UTC+8).
  1. Users who meet the conditions for exchanging $ARBK for $ARB must transfer their $ARBK to the dedicated wallet address below, before 23:59 on March 31, 2023 (UTC+8). 0x633ae7e291fb5A52677309E0C5BFCff366D9A774
  1. Bitget Wallet (Previously BitKeep) will review the received $ARBK transferred by users to determine if the exchange conditions are met. Eligible users will be airdropped $ARB before 23:59 on April 4, 2023 (UTC+8), while ineligible users will be returned the same amount of $ARBK they transferred.
  1. The categories of eligible users who fulfill the exchange conditions are:

A. Users who obtained $ARBK through red packets and completed a Token Swap or NFT transaction on Arbitrum using Bitget Wallet (Previously BitKeep) wallet.

B. Users who get ARBK from transaction rewards via Token Swap and NFT transaction volume using Bitget Wallet (Previously BitKeep) wallet reach the corresponding amount between $100 to $1,000. (Details of transaction rewards: https://blog.bitkeep.com/en/?p=3346)

C. Users who invited friends to trade over $100 on Arbitrum using Bitget Wallet (Previously BitKeep) wallet.

D. Owners of the 108,000 active wallets of the Arbitrum ecosystem that received the ARBK airdrop can import their Arbitrum wallet into Bitget Wallet (Previously BitKeep) before March 31, 2023 (GMT+8), and complete a Token Swap or NFT transaction using Bitget Wallet (Previously BitKeep) wallet to become eligible.

E. Users who purchased $ARBK through Bitget Wallet (Previously BitKeep) Swap before 18 o'clock on 22nd, Mar. 2023 (UTC+8), and completed a Token Swap or NFT transaction using Bitget Wallet (Previously BitKeep) wallet.

F. Users who deposited on Bitget and passed the user review process can exchange their $ARBK for $ARB at a ratio of 10:1. Eligible users should pay attention to Bitget's future announcements.

  1. Users who fulfill the $ARBK exchange conditions will also randomly receive 5 to 50 $SUIBG airdrops. By completing a Token Swap or NFT transaction using Bitget Wallet (Previously BitKeep) wallet, users can obtain $SUIBG airdrops which can be exchanged for Sui official tokens ($SUI) in the future. Users who complete both the $ARBK and $SUIBG tasks will receive a Bitget Wallet (Previously BitKeep) commemorative OAT, granting holders top priority to follow-up innovative asset airdrops in the future.

Bitget Wallet (Previously BitKeep) reserves the absolute right to explain the terms and conditions. Rewards for the event and eligibility to claim them will be canceled if participants are found to engage in misconduct or cheat.

Many thanks for your support and trust in Bitget Wallet (Previously BitKeep). We will launch more trending Layer2-related events and look forward to your participation!

larkLogo2023-03-22
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