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Anti A. Danilevski
Kick Ecosystem Security Bug...
Thanks to our brave security bug hunters we have found and fixed 6 system bugs!Dear Kick Community!Recently we have launched a Security Bug Bounty Program and by now there were 6 bugs discovered and fixed within Kick Ecosystem:3 critical bugs2 medium bugs1 low bugWe thank all participants who collaborated with our security team and helped us make the ecosystem a much safer service for everyone. Users’ data protection and funds safety is extremely important for us, hence we pay so much attention to IT security.You can take a look at our security heroes on the Hall of Fame page!As a result, 4 security researchers have applied for a payout and will receive their deserved rewards. There are also 2 “Hall of Fame” records reserved for our best security bug hunters.We remind you that any security folks can still participate in the bug bounty program of Kick Ecosystem. Please, read all the details here. Every effort is appreciated and each security bug you find will be rewarded in crypto. You can receive up to 300 USD for every critical security bug you found.Take part in our Security Bug Bounty program: pump your skills, earn money, and become a Hall of Famer!Always yours,Kick Ecosystem team
20. 07. 31
We are hiring!
Hiring a blockchain and finance journalist-analystKick Ecosystem is hiring a journalist-analyst with a great Twitter experienceDear Friends,Kick Ecosystem team is expanding and we are looking for a native English speaking journalist/analyst to take over 3 Twitter accounts. Themes: crypto/finance worlds. Join the most dynamic revolutionary industry together with Kick Ecosystem.Looking for someone who has:‣ A background in journalism and experiencing writing for a financial/crypto news publication‣ A passion for financial technology, cryptocurrencies, or blockchain technology‣ The ability to work independently, and work quickly‣ Social media management skillsRequirements:‣ Cover breaking news on the most important people and companies in crypto‣ Make at least 2 posts per day on each account‣ Have a deep knowledge of the crypto market and analytical skillsNice to hear:‣ Competitive salary + bonuses‣ Remote work‣ Dynamic team of professionals‣ Flexible working hoursIf you believe you are a good fit, please attach your CV and reach out to: firstname.lastname@example.orgAlways yours,Kick Ecosystem Team
20. 07. 28
20. 07. 21
(KYC news in Chineese) 我们将K...
现在，在交易所进行交易将变得更加容易。 高风险国家的公民也可以在交易所进行交易！尊敬的KickEX用户，社区的意见对我们非常重要，我们尝试听取生态系统会员的要求。这就是为什么我们决定简化交易所的KYC进程的原因。从2020年7月21日起，对于那些存款/取款金额不超过每个月1000欧元等值金额的人，将会取消其强制验证（具体限制金额由当地法律和欧盟的AML指令确定）。我们知道，正是由于KYC进程使许多人难以进入交易所，所以我们决定满足用户的需求。现在，对于那些通过KickRef推荐计划进入生态系统并且不立即了解验证过程的用户而言，交易会变得更容易。来自高风险国家的用户也将有机会通过验证，并能够与他人在交易所进行交易。高风险国家如下：这些国家的用户只能在KYC之后提存资金：阿富汗，阿尔巴尼亚，巴哈马，巴巴多斯，博茨瓦纳，柬埔寨，埃塞俄比亚，加纳，冰岛，伊拉克，牙买加，老挝，利比亚，毛里求斯，蒙古，缅甸，尼加拉瓜，尼日尔利亚， 巴基斯坦，巴拿马，萨摩亚，沙特阿拉伯，斯里兰卡，特立尼达和多巴哥，突尼斯，也门，津巴布韦。受禁止的国家这些国家/地区的用户无法在交易所提存资金：加拿大; 美国; 关岛; 北马里亚纳群岛； 波多黎各; 美属维尔京群岛； 美属萨摩亚； 古巴 伊朗 叙利亚; 朝鲜民主主义人民共和国（朝鲜）；以上列表中国家/地区以外的其他用户，每个月均可免验证提存资金，最高可达1000欧元或等值金额。例如例如1: 用户存款等值900欧元，后来他想要再存款105欧元。总存款为1005欧元（超过了1000欧元的限额）。在这种情况下，无论他在哪个国家/地区，他都必须通过验证或将自己的存款限制为当月的1000欧元。范例2：用户在当月中提取了300欧元的金额，在一周后又提取了400欧元，并在接下来的一天又提取了50欧元。总的提取额为750欧元（不超出1000欧元）在这种情况下，只要用户不是被禁止国家列表中的公民，就可以不通过KYC进程就提取资金。Kick生态系统团队正在努力向尽可能多的国家/地区开放在KickEX交易所进行交易。我们最大的梦想是为全球的加密货币爱好者提供最好的加密货币交易服务，工具和在我们生态系统交易的机会。加密产业 — 是一个尚未与世界融洽相处而且开始与其合作的新一代新兴产业。在开发我们的产品时，我们不能忽略限制我们的监管者的要求，因此，所有的Kick生态系统服务都会绝对遵守法律法规。此致敬礼，Kick Ecosystem的团队
20. 07. 21
KickEX launches a new tradi...
KickEX launches a new trading contest and gives away $10,000 to celebrate the reduction of KYC requirementsTrade actively in pairs with KICK on the exchange, become one of 100 best traders, and take a chance to win crypto rewards!To mark the occasion of reducing the KYC requirements, KickEX exchange is organising a mass contest with prizes for 100 the most active traders, starting the 21st of July. Contest participants need to make a deposit of $20 or more, trade on the exchange, then they are automatically classified for a prize draw with a cryptocurrency prize pool of the equivalent of $10,000!Having to mandatory pass the KYC verification served as a barrier for many users and prevented them from trading on KickEX. Starting on the 21st of July, KYC will be switched off for those whose deposit and/or withdrawal do not exceed the equivalent of 1000 euros per month. Trading has become much easier and more convenient.Furthermore, the trading on KickEX exchange has become possible for users from another 30 high-risk countries after they pass the KYC verification. List of countries can be found below. Citizens of the United States and Canada are yet still completely restricted from trading. KickEX puts its efforts to acquire the required license and it is in the process.Contest period: starting from 21.07.2020 11:00 until 04.08.2020 11:00 (UTC +3)How to take part?Deposit an equivalent to 20 dollars in any currency: KICK, USDT, BTC, ETH. Make as many transactions as possible in pairs including KICK on the KickEX exchange, the trading volume does not matter!Required condition: Retweet the post with details about this contestTrade actively and track your progress in the chart of the top 100 traders.How do you get the prize?To win, you need to become one of the top 100 traders with the highest number of transactions in any pair including KICK on the KickEX exchange, after making a deposit worth at least $20 in KICK/USDT/BTC/ETH during the contest period. The winners will be determined on the 5th of August.Additional Information: Now trading has become much easier for those participants who joined the Kick Ecosystem through the KickRef referral program and did not immediately follow the verification process. Users from “high risk” countries will be given the opportunity to pass the verification, however, they may be asked to send additional documents.High-risk countriesUsers from these countries can only deposit and withdraw funds after passing the KYC procedure: Afghanistan, Albania, Bahamas, Barbados, Botswana, Cambodia, Ethiopia, Ghana, Iceland, Iraq, Jamaica, Laos, Libya, Mauritius, Mongolia, Myanmar, Nicaragua, Nigeria, Pakistan, Panama, Samoa, Saudi Arabia, Sri Lanka, Trinidad and Tobago, Tunisia, Yemen, Zimbabwe.Prohibited CountriesUsers from these countries can NOR deposit nor withdraw funds on the exchange:Canada; USA; Guam Northern Mariana Islands; Puerto Rico; US Virgin Islands; American Samoa; Cuba; Iran; Syria; Democratic People’s Republic of Korea (DPRK).All other users who are not citizens of the countries listed above, can easily deposit and withdraw funds up to 1000 euros (in equivalent) per month without having to pass KYC.Take part in the contest!Always yours,Kick Ecosystem Team
20. 07. 20
Reducing KYC requirements f...
Reducing KYC requirements for amounts less than €1,000 per month and making KickEX available in 30 more countriesTrading has now become much more convenient. Citizens from high-risk countries can instantly start trading on KickEX exchange!Dear KickEX users,Community feedback is a vital part of our development. Therefore we constantly consider all requests of our Ecosystem members. This is the reason why we decided to reduce KYC requirements on KickEX exchange. Starting from July 20th 2020, the mandatory verification will be disabled for those who are willing to deposit/withdraw amounts less than an equivalent of 1000 euros per month (the threshold amount is determined by local legislation and European Union AML directives). We understand that the KYC procedure was a certain obstacle for many people to start trading on the exchange. This is why we decided to meet our customer’s needs.Trading has now become even more effortless for users registered through the referral program KickRef and for those that had difficulties following the verification procedure. Users from high-risk countries will also have an opportunity to easily get through these identification requirements and get full trading access on the exchange as any other user.Why we decided to reduce KYC requirementsThe changes are determined by the pan-European directive on AML (anti-money laundering) and the legislation of the jurisdiction where the KickEX exchange is registered and licensed, namely the legislation of Estonia. This law states that we have the right to use this approach in mitigating KYC and allow a certain category of users to trade on the exchange without going through verification under certain conditions. One of these conditions is the limit on deposit and withdrawal of funds up to 1000 euros in equivalent per month. We were able to introduce this exemption only now since the legislation in the sphere is constantly changing, being edited, and does not immediately come into force. The terms of the directive and its recent updates have now allowed us to reduce KYC procedure requirements and thus simplify trading on the exchange.High- risk countriesUsers from the following countries can deposit and withdraw funds only after completing the KYC requirements: Afghanistan, Albania, Bahamas, Barbados, Botswana, Cambodia, Ethiopia, Ghana, Iceland, Iraq, Jamaica, Laos, Libya, Mauritius, Mongolia, Myanmar, Nicaragua, Nigeria, Pakistan, Panama, Samoa, Saudi Arabia, Sri Lanka, Trinidad and Tobago, Tunisia, Yemen, Zimbabwe.Restricted countriesUsers from the following countries CAN NOT deposit or withdraw funds on the exchange: Canada; United States; Guam; Northern Mariana Islands; Puerto Rico; United States Virgin Islands; American Samoa; Cuba; Iran; Syria; Democratic People’s Republic of Korea (DPRK);The license for the USA is being in a process and we hope to see American users trading on KickEX very soon!All users who are not citizens of the countries mentioned above can deposit and withdraw funds up to €1,000 (equivalent) per month without KYC.Examples1st example: A user has deposited an equivalent of 900 euros. Later, he decides to deposit another 105 euros. The total deposit equals to 1005 euros (which exceeds the limit of 1000 euros). In this case, regardless of his citizenship, he will need to pass the KYC requirements or limit his deposits to 1,000 euros during the current month.2nd example: During the current month a user has withdrawn an amount equivalent to 300 euros. He decides to withdraw another 400 euros next week, and another 50 euros the day after. The total withdrawal now equals to 750 euros (which doesn’t exceed the limit of €1,000). In this case, it’s possible to withdraw funds without passing the KYC requirements, as long as this user isn’t a citizen of a restricted country.The Kick Ecosystem team is working hard on opening trading opportunities on KickEX to as many countries as possible. Our goal is to provide every crypto-enthusiast in every single country of the world the best services, tools, and opportunities for trading cryptocurrency within our Ecosystem. The crypto industry is a new generation field that is yet to find common ground with the “old world” and learn how to cooperate together. While developing our products, we cannot ignore the regulator’s requirements, which severely restricts our capabilities. Hence, unconditionally all Kick Ecosystem products comply with legal regulations.In connection with the reducing KYC requirements on 21 July KickEX launches a trading contest with a $10,000 prize fund! 100 most active traders will receive crypto rewards for trading on the exchange.Participate and win!Sincerely Yours,Kick Ecosystem Team
20. 07. 17
Winners and results of Kick...
The second contest on the exchange has finished but there is no time to relax, the next contest is coming soonDear users, yesterday on July 14 the deposit contest on the KickEX exchange has finished. Using a randomizing program there were selected 10 winners who will receive awards in USDT. Each winner will receive 100 USDT to their balance! The reward will be credited within 2 days. We will personally contact each winner to make sure that an important condition is fulfilled — repost a post on Twitter.🏅List of the winners:crazymastermoath_shocairbarboshenk_deoscar_gomez_4kickuser387810gastinosmile_tokenmackarlolopasoloIf you are not among the winners this time, do not worry! We are currently preparing new contests and more valuable prizes. Stay tuned!💫 Meanwhile, you can practice and pump your trading muscle for un upcoming contest on KickEX.comAlways yours,Kick Ecosystem Team
20. 07. 15
Withdraw your crypto revenu...
Now you can withdraw earned cryptocurrency from your actively trading referral networkDear KickRef participants, the ecosystem has fully launched the functionality for withdrawing funds earned in the referral program. This means that starting today, you can withdraw income for active traders in your referral network. Earnings are accrued for trading referral networks from the moment the exchange was launched — from June 1, 2020. Cryptocurrency earned by the network in the current month (for example, in July) can be withdrawn next month (in August).The very first payout period will last until July 31 (00:01:00 UTC + 3)The funds that the referral network has earned for you over the past month are credited to your referral account on the first day of the current month. For example, earnings for July will be credited to the account on August 1.Balance of referral earnings in KickEX accountTo withdraw funds, you must accumulate at least $5 of a personal trading fee in July.Important (!) If the referral type of account has more than $5, and the user does not withdraw funds in the current month, then the earnings will be burned. If there is less than $5, and the user does not withdraw funds, then they remain on the referral type of account and will not be burned (that is, the income from the referral network for the current month will be summarized).For example:Now is July, on the referral type of account you have accumulated $4. They will be automatically transferred to the withdrawal period of August. In August, the referral network brought you $3 of income. In September, you already have $7 on the referral type of account. Now you need to withdraw the earned funds, otherwise, in September they will be burned.Read more about the KickRef balance sheet and calculation mechanics.5 easy steps on how to receive your monthly earnings with KickRef1. Have an active trading referral network.2. Pay $5 in commissions fees during trading on the KickEX exchange.3. Transfer your earnings from the referral account to the main exchange account and pay a 10% fee with KickToken from the Ecosystem account.4. Withdraw the funds from the referral type of account during the month.5. Congratulations, you have withdrawn your KickRef earnings successfully!Always yours,Kick Ecosystem Team
20. 07. 10
1 000 000 users are already...
Join the big team and start earning crypto for invitations to KickEX exchangeAn unbelievable number that we have reached together with 1 MLN users from all over the globe from Africa to Siberia. We reached that crucial milestone less than in 1 year. KickRef is growing very fast and globally. More and more people are getting interested in making money in crypto. You may become a part of the family.Start making your passive income in cryptocurrency together with the KickEX exchange referral program. Invite users to KickRef in two clicks and earn from their trading on the exchange.Join a big team and earn cryptoAlways yours,Kick Ecosystem Team
20. 07. 08
KickEX New Deposit Contest
Make a deposit on the exchange and win 100 USDT!On July 1, a deposit contest has started on KickEX. The contest involves all deposits made by users from June 1 to July 14. If you made a deposit on the exchange account since the launch of the KickEX, then you are already participating!Dates: from 16:00 (UTC+3) 1.07.20 until 11:00 (UTC+3) 14.07.20.To participate you need:1) Make a deposit in BTC, ETH, or USDT, in the amount of $10 or more. (Deposits made before the start of the competition are also taken into account).2) Follow KickEX on Twitter3) Make a repost in TwitterPrize fund: 1000 USDT will be distributed among 10 winners selected using a randomizer, i.e. randomly through the program. There will be 10 winners, that have a total balance of more than $10 equivalent in USDT, BTC, or ETH. Each winner will receive 100 USDT to their balance on the KickEX exchange!Turn your 10 USDT into 100 USDT on KickEX!Make a deposit!Always yours,Kick Ecosystem Team
20. 07. 01
KickRef referral network ea...
KickRef referral network earnings balance is now visible in your KickEX account and can be withdrawnNow in the KickEX account, you can track and withdraw your total earnings from the KickRef program. Earn BTC, ETH, and USDT!Dear Friends! We have great news! You’ve done the hard work by referring new members to KickEX and waiting to enjoy your referral income. The wait is over! You can now see your referral balance in your KickEX exchange account, and withdraw any earnings in cryptocurrencies. To see the current balance, go to the KickEX exchange page → Log in→ check the “Referral earnings” tab. There is a balance of your earnings (in cryptocurrencies) from your referral network.The balance of referral earningsHow to withdraw earnings from an active trading referral network?The KickEX exchange dashboard now displays all rewards earned in KickRef. This means that now you are able to experience the fruitful results from your previously grown referral networks and withdraw your real earnings!Earned rewards from active referrals of your network that have been trading since the launch of the KickEX exchange (June 1, 2020) can be withdrawn during July.A required condition for transferring funds from a referral account to the main account is that you pay a minimum trading fee equivalent to $5 per month. When making a withdrawal you will need to pay a 10% fee in KickTokens from the ecosystem account. The tokens must be on the ecosystem account, any tokens (referral or regular KickTokens) are suitable.Let’s consider the functionality during withdrawal periods on two possible examples:Scenario 1A user does not withdraw the earned $2 for July, the funds are transferred to August. If the user again does not withdraw them in August, and the referral network brought him another $2 in the current month — the total amount of funds will be transferred to September, and it will be possible to withdraw $4.Scenario 2The same user as in the first scenario. $4 was saved in the referral type of account. In August, the user’s referrals brought him another $3. At the beginning of a new month, the user had $7 in the referral type of account. Now the user needs to withdraw the earned funds, otherwise, in September they will be burned.Balances that exceed $5 and were not withdrawn during the billing month will begin to burn, starting from July.Examples of referral earnings withdrawal1. Your earnings — $4. During the withdrawal, month transfer $4 from the referral account to the exchange account. Then pay a 10% fee with KickTokens from the ecosystem account at the KICK/ USDT rate. Now, you have $4 to withdraw. Let’s suppose you forgot to make a withdrawal during the month, then $4 will be transferred over to the next month.2. Your earnings — $25. During the withdrawal, month transfer $25 from the referral account to the exchange account. Then pay a 10% fee with KickTokens from the ecosystem account at the KICK/ USDT rate. Now, you have $25 to withdraw. Let’s suppose you forgot to make a withdrawal during the month, then $25 will NOT be transferred to the next month (because this amount exceeds $5), it is necessary to withdraw your earnings in the current month, otherwise, the earnings will burn out.We remind you that when trading — up to half of the trading fee on the exchange can be paid with KickTokens from the ecosystem account. Moreover, with KickTokens you pay a 10% fee for transferring earnings from a referral account to an exchange account. Read more about the structure of fees and discounts.5 easy steps on how to receive your monthly earnings with KickRef1. Have an active trading referral network.2. Pay $5 in commissions fees during trading on the KickEX exchange.3. Transfer the number of your earnings from the referral account to the main exchange account and pay a 10% fee with KickToken.4. Withdraw funds during the month.5. Congratulations, you have withdrawn your KickRef earnings successfully!Earn BTC, ETH, and USDT with KickRef!Always yours,Kick Ecosystem Team
20. 06. 30
KickEX Exchange Incident In...
The exchange is operating normally. Orders and transactions that were carried out by the attackers at artificially high rates were canceled. Deposits, withdrawals, and orders function normally. The accounts of those who intentionally participated in the exploitation of the vulnerability are blockedDear users!There recently occurred an incident with an attempt to exploit a vulnerability in the margin trading algorithm on KickEX exchange. There was a small piece of code that was released into the product servers prematurely. We want to be as transparent with you as possible, so we are going to tell you exactly what happened on the night of Thursday to Friday.What happened?After conducting an internal investigation, we found out that there was no actual hack However, the attackers have found a part of the code that was under the development of the margin trading functionality and was not supposed to be on the “live” server, nevertheless, it got there. Users who gained access to this functionality were able to make transactions without spending their own funds, taking a non-existent loan from the exchange, without the intention to repay it in the future. We found out that these users discovered the vulnerability on June 24th and have been preparing the attack for two days, deliberately choosing a time when our developers were not able to react immediately. As a result of their actions, some unsecured orders began to appear at significantly high rates, which were executed in favor of attackers by random participants in exchange trading. All resulted in a snowball effect, and the KICK rate in relation to BTC increased thousands of times for some time.What will happen to users of the exchange?Attackers. Now all transactions made exploiting the vulnerability have been canceled. Unscrupulous users who have made those transactions without spending their funds managed to withdraw a small amount — the sum is that reward for finding vulnerabilities in our security bug bounty. However, this amount will be withdrawn from them, since we know all our users. We will notify the relevant authorities of their countries of residence about the criminal actions of the attackers.Affected. Those who traded at the correct rates will not notice anything. Exchange accounts of those who involuntarily became participants of the incident and used incorrect rates —ended up with a negative balance. These users are temporarily unable to withdraw any funds until their margin debt is paid off. Kick Ecosystem will cover this debt. We have already identified those who intentionally used the vulnerability and those who did not have a goal of dishonest enriching. Some of these accounts have been unblocked already. The rest unlocked within 24 hours once the debt is covered.Strengthening security. Now the problem is resolved, and such situations will not arise in the future. The process of updating the code has been already very strict and everything has been carefully checked before, nevertheless, the code updates have been tightened even more and put under special control. Besides, we added another layer of security that controls all withdrawals from the exchange wallets, and this functionality has already been transferred to our financial monitoring service. On another side of this extra control for the safety of funds — such operations might take a little longer to complete. Now, the withdrawal of amounts more than $500 will take some time, which is necessary for financial monitoring to verify the transaction and the user. During the attack, cold wallets were not affected and the financial security system worked out as it is required, there is nothing to worry about.Interesting details of what happenedAs we mentioned earlier, access to the functionality under development was obtained by the attackers a few days ago. After that, they have prepared to attack the exchange. These are three people, one of them is a citizen of an African country, the second one is from Vietnam, and the third one is from Russia. We know these people and we are preparing legal statements to the authorities of their countries regarding their illegal actions. We will forward the details of the investigation to the financial crime authorities in these countries and the international financial crime control services. They will be marked as scammers in all services that verify users, so they will no longer be able to pass verification on other exchanges, banks, or payment systems. That will protect other users and other projects from similar incidents. It is amazing how in the era of globalization and digital economy, a crime committed in one country can lead to a complete blockage of financial activity around the world, which increases the security of all decent users.We apologize for this incident. User security is a vital concern for us, and that is why the KickEX exchange and none of the users ’funds have been damaged.Always yours,Kick Ecosystem team
20. 06. 29