Korbit Holds 'OK Cashback X Korbit KRW Point Conversion' Event

Korean virtual asset (cryptocurrency) exchange Korbit announced on the 14th that it will hold the 'OK Cashback X Korbit KRW Point Conversion' event with SK Planet for two weeks until the 27th.

This event, in which a total of 50 million KRW worth of Ethereum (ETH) will be distributed, allows any Korbit member to participate by converting OK Cashback points to Korbit KRW on the Korbit app. During the event period, OK Cashback can be converted up to 100,000 points per day.

First, among the new members who joined Korbit during the event period and converted OK Cashback points to Korbit KRW points and completed at least one transaction, 1,000 people will be selected by lottery to receive Ethereum (ETH) worth 10,000 KRW.

Additionally, a 'Relay Point Conversion and Trading Event' will be held for a total of two weeks. In the first week, all members who converted more than 30,000 OK Cashback points and completed at least one transaction will equally share Ethereum worth 10 million KRW. In the second week, among those who converted more than 30,000 OK Cashback points and completed transactions worth more than 30,000 KRW, 1,000 people will be selected by lottery to receive Ethereum worth 10,000 KRW.

Furthermore, a trading king ranking competition will be held for members who converted more than 100,000 OK Cashback points during the event period, divided into general and special leagues based on the sum of converted points and accumulated transaction amount, with a total prize of 10 million KRW per league and a maximum of 3 million KRW worth of Ethereum (ETH) per person.

Details of the event can be found through Korbit's announcements.