KuCoin are continuing the trend of adding NEP-5 tokens to their exchange with the addition of identity verification project THEKEY’s TKY token on February 6th.

TKY will be listed on KuCoin at 10:00pm Beijing time (UTC – 8), and will be available for trading against NEO, ETH and BTC pairs. All crowd sale participants who are waiting on their TKY tokens will receive them by 00:00am February 6th (UTC – 8)

KuCoin are launching a trading competition to support the addition of the TKY token. A token of of 20 BTC and 2,000,000 TKY will be given away through three different promotions.

The first promotion will reward users based on trade volume. The top 500 traders will receive both TKY tokens and Bitcoin, with a first prize of 200,000 TKY and 0.5 BTC.

The second promotion ranks users based on net TKY deposits (deposits minus withdrawals). Users with the 500 largest net deposits will receive Bitcoin, with a top prize of 0.8 BTC.

The third promotion simply requires users to retweet the below tweet and fill out this form for a chance to win a share of 7 BTC.

All promotions run from January 6th 22:00 to January 11th 23:59:59 (UTC+8). For full promotion details you can visit the below link –

https://www.kucoin.com/#/rank/TKY

THEKEY completed the final phase of their token sale on January 17th by raising 10,000 NEO through the public crowd sale. The crowd sale was met with frustration as some users had trouble accessing THEKEY site and transferring funds. To clear the air with the community, the sale was followed by an AMA with Catherine Li, CEO of THEKEY, and a refund was offered for anyone who contributed to the sale. Only 64 refund applications were received. THEKEY also hired Pinsent Masons MPillay lawn firm to audit the TGE to ensure it was fully compliant, although this was planned in advance.

For more information on THEKEY you can visit their website at thekey.vip, their Telegram, or Twitter @thekeyvip.