Help & FAQs / Nillion Community Round

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How to withdraw your NIL

The following instructions will guide you through withdrawing your NIL from CoinList. 


  1. Withdraw your NIL from CoinList to a self-custodied wallet (Keplr). Follow the instructions in Nillion's wallet guide. DO NOT withdraw NIL tokens from your CoinList wallet to another exchange, your tokens may be irrecoverable. Withdrawing directly to another network is not supported and may result in a loss of funds. 
  2. The format of the address should begin with "nillion".
  3. Please note: Memo IDs are currently not supported. 

Other Nillion Community Round Questions

Can I make multiple purchases?

One common point of feedback we've heard from users is allowing multiple purchases in the launch flow.


Starting with the Nillion Community Round, you'll be able to purchase more than once up until you hit the max amount.


You do not have to make all of the purchases at one time. You are able to come back on another day and purchase more then. 


Why can’t certain residents and citizens participate in the Nillion Community Round?

CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer NIL tokens for purchase during the NIL Community Round to prospective participants in the United States (and its territories), Canada, China, Cuba, Iran, Myanmar, Syria, as well as other unsupported jurisdictions.

When do I need to fund my purchase?

In order to participate in the Nillion Community Round, users will need to fund their CoinList Wallet with the minimum purchase amount ($100.00 in USDC or USDT). There is no pre-funding deadline, but users will need their funds in their CoinList wallet to submit a purchase request within the 7 day timeframe, June 19 at 17:00 UTC to June 26 at 17:00 UTC, to be eligible to receive a NIL allocation.

When can I expect to receive my funds back if I do not get an allocation?

Users who are not selected to receive an allocation will receive the funds back in their CoinList Wallet by June 28, 2024.

Can I participate in the token launch without going through KYC?

No, participation in the token launch requires completion of KYC/AML (Know Your Customer/Anti-Money Laundering) checks for all participants.

How do I fund my purchase?

We will display payment information when you complete your registration for the Nillion Community Round. Eligible purchasers can pay with Tether (“USDT”) or USD Coin (“USDC”). Payments made in USDT or USDC will equate to the value of one United States Dollar ("USD") regardless of fluctuations in USDT or USDC.


There are no fees associated with purchasing tokens with USDC or USDT. You can deposit USDC and USDT into your CoinList Wallet anytime at https://coinlist.co/wallets.

How will the Nillion Community Round work?

In order to be eligible to participate in the Nillion Community Round, users must fund their CoinList Wallet with the minimum purchase amount ($100.00 in USDC or USDT) and pass KYC verification.


Once the token launch begins, users will be prompted to submit a purchase request with a minimum of $100.00. You cannot submit a purchase request that is larger than the amount of USDC or USDT that you hold on CoinList. 


After the token launch period closes, June 26, 2024 at 17:00 UTC, allocations will be selected at random. Users who are not selected to receive an allocation will receive their funds back in their CoinList Wallet within 48 hours of the purchase period.


What is the lock-up schedule for the Nillion Community Round?

Tokens sold in the Nillion Community Round are subject to the following lock-up:

  • Capped: 5% unlocks at public listings, followed by a 6-month linear release.
  • Uncapped: 25% unlocks 12 months cliff after TGE, which will occur on March 24, 2026. Remaining 75% of tokens unlock monthly over the following 24 months, such that all tokens are unlocked by March 24, 2028.


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