KuCoin has launched GemSlot, a new promotional campaign built around two separate ways for users to earn rewards: a task-based Lucky Draw and a trading-focused Carnival tied to specific tokens on the exchange.
The Lucky Draw component rewards users with ticket spins for completing simple platform tasks, with new users and those who invite others eligible for multipliers of up to 4x on their ticket allocation, according to the exchange's announcement.
Trading Carnival Adds Volume Boosts
The second track, the Trading Carnival, centers on trading activity in three tokens: AEON, BTC, and KCS. KuCoin is offering a 2x volume boost specifically for AEON trades completed during the campaign, while KCS trading contributes toward stacking additional rewards.
The structure mirrors a format KuCoin has used before, pairing a low-barrier engagement mechanic — the Lucky Draw — with a higher-effort trading incentive aimed at driving volume on selected pairs. Campaigns of this kind are common across centralized exchanges looking to boost activity on newer or smaller-cap listings such as AEON alongside more established tokens like BTC and the exchange's native KCS token.
Related: KuCoin Launches 9th Anniversary Futures Contract Competition
Part of a Broader Push
The GemSlot launch comes as KuCoin runs a separate campaign tied to its 9th anniversary, including a futures trading competition with a large rewards pool. Together, the promotions reflect a period of heightened marketing activity for the exchange as it looks to attract and retain active traders heading into August.