The mining event for the new altcoin on the OKX platform will begin on April 29, 2024, at 10:00. Users who hold BTC will have the opportunity to stake their BTC in exchange for the newly introduced RUNECOIN tokens.

OKX's initiative, Jumpstart Mining, enables users to earn staking rewards by participating in the mining process. These rewards are calculated in real-time and can be withdrawn at any time, offering users flexibility and liquidity.

Users will receive rewards based on the amount of BTC staked in comparison to the total amount staked and tokens released per minute, as per OKX's staking rewards calculation formula. The process of staking and redeeming BTC is straightforward with clear guidance provided by OKX.

To stake BTC, users can transfer their BTC to the funding account in the official OKX app, access the Grow section, and click on Jumpstart. Once mining starts, users can input the desired BTC amount, confirm the stake, and begin mining RUNECOIN tokens.

Withdrawing BTC is also a seamless process, allowing users to release their staked BTC anytime for automatic refund to their funding accounts. OKX guarantees that rewards in the form of tokens will be distributed to users' funding accounts within two hours after the mining event concludes.

The inclusion of RUNECOIN on the Jumpstart Mining platform by OKX signifies a notable advancement towards decentralization and innovation in the realm of cryptocurrencies.

*Not intended as investment advice.