The new competition for traders from 50x
Trading in the crypto industry is becoming more and more popular. This is why large platforms are actively seeking to introduce new users to digital trading. For example, 50x, a company that processes transfers within its own online exchange, is running a competition. The meaning of the event, as well as the answer to the question: “Is it worth taking part in the competition?”, You will find below. So let’s get started.
A little about the organizing company
First of all, you should tell about the company that is holding the competition. 50x is a fairly well-known and, in its own way, unique cryptocurrency exchange. The main feature of the site is the so-called liquidity overflow. This is a technology that allows you to safely transfer funds from one asset to another and make money on the difference. A really interesting solution became the foundation of 50x, and brought the company a lot of fame. The firm is respected by both professionals with a rich history of work and novice traders. And obviously, to increase the number of young users, 50x needs to get attention.
A good decision was the competition, which will allow everyone to compete in the skill of making deals. All users should trade and perform at their best. The most successful trader will receive as much as 1500 USDT. Tether coins are pegged to the dollar value, so the top prize is $ 1,500. Not a bad fee for what you love.
The second place will be awarded $ 500 in USDT, and the third place will receive $ 300 in their own cryptocurrency account. From 4th to 10th places the prize is set at 100 USDT. 10th place is the minimum of those awarded, so you will have to try hard in trading. Let’s take a look at what is required to participate in such an event.
The meaning of the competition
First, you should inquire about the timing of the competition on the night of August 20, so that you have enough time to fulfill the required conditions. The main task is to carry out transactions with certain currency pairs. Participating traders must trade using Bitcoin, Ethereum, Litecoin, as well as other well-known coins. Trading must take place between the specified assets, transactions using other currencies do not count and do not increase your chances of winning. So, when trading, be sure to place orders and take profits with the note “contest-2020-2”. This is a pointer that will allow you to record the transaction to your account, as a participant in the event. The main task is to carry out transactions with the specified note for at least 0.1 BTC. The minimum number of transactions is 10 transfers.