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;
- 500 USDT for second place;
- 300 USDT for third place;
- 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;
- 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;
- 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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