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Crypto exchange 50x.com with Any2Any liquidity technology launches trader contest

Crypto exchange 50x.com with Any2Any liquidity technology launches trader contest

On August 5, cryptocurrency exchange 50x.com with the Any2Any technology for trading any asset for any asset launched a two-week trader contest with a total prize fund of $3,000. The exchange’s press release states this.

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The 50x.com contest will run until August 20. The top 10 traders will receive:

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  • 1500 USDT for first place;
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  • 500 USDT for second place;
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  • 300 USDT for third place;
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  • 100 USDT each for 4th to 10th place.
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Participants’ ranking is formed based on the average [simple_tooltip content=’percentage of trade profit’]ROI [/simple_tooltip] of the contest trades.

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To participate in the contest, you must:

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  • trade in pairs consisting of BTC, ETH, LTC, OMG, TRX, XRP, USDT, TUSD, USDC, BNB, BCH, LINK, QTUM, DASH, XMR, A2A and ZEC against each other from 00:00:00 UTC 5 August to 23:59:59 UTC 19 August. Pairs may only include currencies from this list;
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  • when placing orders, set take-profits and include the note “contest-2020-2”. The take-profit and execution price can be adjusted to the required level;
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  • close at least 10 trades with a total volume greater than 0.1 BTC as a take-profit.
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Order for the contest: fill in the note and set the take-profit.

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Traders may use their own funds or take a loan to trade with leverage up to 3x.

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The contest will end at 23:59:59 UTC on 19 August 2020. If traders have open positions, 50x.com will calculate their ROI based on market prices at the end of the contest.

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Prize distribution among the winners will take place on 20 August.

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50x.com is a cryptocurrency exchange with a quantum trading core Any2Any, which enables liquidity transfer between order books. Thanks to this technology, orders can be executed via a chain of orders in other currency pairs. Currently the exchange offers 35 cryptocurrencies and 1,190 trading pairs.

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Earlier ForkLog published a detailed review Any2Any technology from 50x.com.

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