Bitcoin Exchange OKX Will Pay Compensation To BLUR Victims Who Rise And Fall Hard!

of opensea among its biggest competitors NFT markets located between BLURThe listing of the token on major exchanges and the news of the airdrop turned the attention in this direction.

BLUR price yesterday coinbaseIt climbed above $1 and soon retraced as low as $0.48. It is trading at $0.78 as of our news time.

The high volatility in the price caused some investors to suffer. The airdrops they received OKX Investors who wanted to sell on the stock market faced a delay due to the stock market and had to sell at a lower price.

aware of the situation OKX by issuing an announcement, he stated that he will compensate the losses of the investors who are aggrieved due to late deposit.

Here is OKX’s announcement and compensation account:

“Dear OKX Users,

When the BLUR token was listed on OKX on February 14 at 18:30 UTC, large deposits triggered OKX’s risk control measures, resulting in slower deposit times and affecting users’ ability to trade.

OKX is proud to put its customers first and will therefore provide OCD compensation to eligible users affected by the incident – ​​up to a maximum of 500 OKB per user.

We sincerely apologize to all users who experienced a delay in their deposit or were unable to complete their transactions in their preferred timeframes.

Users are eligible for OCD compensation if:

“On February 14, 2023, between 18:30 and 19:06 UTC, BLUR deposit(s) was initiated and after 12 confirmation blocks were completed;

Those appearing in their funding account on or after 19:06 UTC on February 14, 2023 and waiting 10 minutes or longer for the deposit to appear in the funding account.”

Compensation calculation:

OKX will provide compensation at a rate of 500(BLUR):1(OKB), determined by the total number of BLUR tokens identified as delayed deposits into a user’s account.

For example, if a payment of 40,000 BLUR is found to be late and eligible for compensation, the user will receive 80 OKB (40,000 / 500 = 80).

The maximum compensation per user is 500 OKB and all compensation will be deposited directly into users’ deposit accounts within the next three business days.”