This tutorial explains how users can deposit USDT0 to KuCoin via the Conflux eSpace network, withdraw it through another supported network, bridge it back to Conflux eSpace, and deposit it to KuCoin again. By repeating this process, users can accumulate higher net deposit amounts via Conflux network on KuCoin.
Pre-requirements
- Click Join event in the Campaign page (https://www.kucoin.com/campaigns/Conflux_Carnival)
- Cumulative deposit of at least 500 USDT via the Conflux network to KuCoin during the campaign period.
- Minimum 100 USDT spot trading volume of $CFX during the campaign period.
- You have USDT on Conflux
- Deposit to KuCoin
- Spot trade a minimum of 100 USDT/CFX
- Withdraw USDT0 to Plasma, Arbitrum BNB (or any other chain besides Conflux)
- Bridge it to Conflux using https://usdt0.to/transfer (or any other bridge)
- You will have USDT0 again in Conflux minus fees
- Repeat (when you repeat step 3 is optional, you don’t need to trade again to participate)
Step 1 Deposit USDT0 via Conflux eSpace
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Go to the Deposit page
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Select USDT as the deposit asset and Conflux eSpace as the network.
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Your deposit address is now visible for USDT0 (Conflux eSpace).
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Please make sure to deposit USDT0 to the address provided by KuCoin via Conflux eSpace.
Step2 Withdraw USDT0 via another network
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Navigate to the Withdraw Page
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Select USDT as the crypto asset to withdraw.
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Input the address to receive your withdrawal.
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Choose the chain you intend to receive your USDT on. In this example, BNB Chain is selected. (Please do not withdraw via Conflux eSpace, as this will make you ineligible for rewards)
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Input the amount you intend to withdraw and then cross-chain back into Conflux eSpace. Here, 10 USDT is input for withdrawal to BNB Chain.
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Confirm the withdrawal by clicking on “Withdraw”. Note: the amount received is less than the entered withdrawal amount because withdrawal fees are deducted.
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A final withdrawal confirmation will appear, confirm this by clicking on “Submit”. Note: 2FA and other security measures will be taken to 100% confirm the withdrawal.
Step3 Bridge from the other chain to Conflux eSpace
After receiving USDT on BNB Chain, please bridge it to Conflux eSpace via a cross-chain bridge, and then deposit it to KuCoin again. Meson is recommended, as it currently supports free bridging from BNB Chain, Arbitrum, Optimism, and Avalanche to Conflux eSpace: https://meson.fi/
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Connect your wallet. Select BNB Chain as the source chain and Conflux as the target chain, with BSC-USD and USDT0 as the corresponding cross-chain assets.
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Input the asset amount to bridge.
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Click “Swap” and confirm the transaction in your wallet.
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The bridging is complete.
In addition to Meson, you can also use the following bridges to transfer assets to the Conflux network. Tutorials are provided here:
- USDT0.to (official bridge): USDT0 Bridging Guide (via USDT0.to)
- Stargate: Cross-chain Bridge Tutorial | Stargate
After receiving USDT0 on Conflux eSpace. You can then deposit it to KuCoin again by following Step 1. The above process can be repeated to accumulate higher net deposit amounts via Conflux on KuCoin.