CoinEx Announce Chain Nodes Election Competition

CoinEx Announce Chain Nodes Election Competition

CoinEx is celebrating the latest addition to their service with a competition that will see prizes worth  15,000,000 CET become up for grabs!

As you may already have CoinEx are currently in the process of setting up the CoinEx Chain, a service that promises eventually to see the launch of the new decentralised exchange platform. In the spirit of this, yesterday saw the first of several CoinEx Chain Nodes Election Launch Conference. The purpose of which is to generate hype and support for the launch of the new service which is reaching its final stages.

While this is all well and good for industry professionals, the firm didn’t want to leave the CoinEx community out of the loop. With this in mind, they have announced a competition that has multi-faceted benefits for all involved. The first of these is inherent to any competition in that, it will see some very impressive prizes up for grabs. Which is always nice.

However, it will allow users their first glimpse of the service and what will be on offer when it eventually goes live. Plus, of course, for CoinEx, will help raise the profile of its impending launch also. With all this considered, there is plenty to gain all-around from this exciting little competition they are hosting.

The Competition

The new concept of the competition revolves around a nodes pre-election. During this time, users will be able to familiarise themselves with the process that this entails, by participating within it.

The event will ask those who hold CET to vote for nodes in the pre-election. The reward for doing so will be prizes, of which these are quite literally millions. With the competition seeing users get the opportunity to win more than 15 million CET in total.

The way the competition is very simple, with it being just a two-step process that kicked off yesterday so you can get involved in it already. The competition pans out, as defined by CoinEx, as follows:

Step 1: The users will be able to draw a number of times after they vote for the nodes in the pre-election. One draw for every 20,000 votes, and they will have to stake the same amount of CET. For example: if you want to give 20,000 votes you will need to stake 20,000 CET and then receive one draw.

Step 2: The users can participate in the draw on the page once they are qualified for it.

The Prizes

As such, there is an element to risk in the process, but the more you risk the more chances you get to get your hands on the prizes that the competition has up for grabs for those who dare.

  • 3 Winners Will Win – BTC x 3
  • 10 Winners Will Win an iPhone 11 Pro Max (512, Midnight Green
  • 15 Winners Will Win CET x 50000
  • 60 Winners Will Win BCH x 2
  • 5000 Winners Will Win CET x 500
  • 500 Winners Will Win a CoinEx-designed Product
  • 1000 Winners Will Win CET x 100
  • And finally, 25,0000 Winners Will Win CET x 10

As such, there is plenty of goodies up for grabs and plenty of opportunity to win, with the more you choose to get involved the higher probability of walking away with something awesome. Plus, there is still plenty of time to get involved with the competition running on November 10th, 2019.  

However, you want to start getting involved nice and early in order to hedge your bets and make the most of the competition and get those top prizes. Head over to CoinEx to learn more about the competition are get involved in the pre-election ahead of the big launch.

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

ChangeNOW,Decentralised,Fraud

ChangeNOW’s AML Action Lead To The Return Of $15M COMP

Earlier this week, ChangeNOW announced that it was able to identify and return 45,505 COMP back to Compound. The estimated value of this recovery is around the $15m mark. This remarkable achievement is further proof of the effectiveness of the exchange’s Anti-Money Laundering (AML) procedures. In an announcement made on ChangeNOW’s website, the company provided […]

6 October, 2021
CFD Trading Platform,eToro,Trading

eToro Lowers The FTD Minimum Across Several Countries

eToro, the social trading and multi-asset platform, has decided to lower the minimum first time deposit, or FTD. Until further updates, users who sign up today using the link below will be able to fund their trading account with as little as $50. This offer is only valid to users in selected countries. To participate […]

24 September, 2021
ChangeNOW,Cryptocurrency,Investment

ChangeNOW Launches The NOW Tracker App

The young, but fast-growing online cryptocurrency exchange, ChangeNOW, has just announced the release of its latest product. The NOW Tracker is a free asset management app that lets users keep track of their coins and tokens across different wallets. Available on Google Play and the App Store, NOW Tracker is flexible and functional. This solution […]

9 September, 2021
eToro,Investment,Trading

eToro Becomes An Official Partner Of RB Leipzig

The world’s leading social investment network, eToro, has recently announced a new and exciting partnership. According to an announcement on eToro’s Twitter page, the company has become the latest partner of the German football team, RB Leipzig. A two-year partnership agreement has been signed between the parties. Running until 2023, this agreement can be extended […]

24 August, 2021
Binance,Bitcoin,token

PSG’s Messi To Receive Part Of His Salary In Cryptocurrency

The Argentinian footballer, Lionel Messi, has made headline news several times in the past few weeks. Following his surprise departure from FC Barcelona, the player confirmed that he will be joining Paris Saint-Germain FC. The move was significantly newsworthy but got even more interest when it was announced that part of the footballer’s salary will […]

23 August, 2021
Blockchain,Casino,Ethereum

KingTiger Casino Announces Shut Down

KingTiger Casino has announced that it has ceased all operations until further notice. According to its website, the casino has had to “temporarily close” due to Ethereum network congestion. It is not yet clear if and when this online Bitcoin casino will reopen. Meanwhile, we invite you to check out other Bitcoin casinos from our […]

12 August, 2021
Binance,Casino,Cryptocurrency

CryptoCasino Announces Temporary Close

CryptoCasino has stopped operating until further notice. According to a landing page on their website, the casino is undergoing an update. There is no information about when the casino will reopen or the reason why an update required the website to shut down temporarily. Players who hold a crypto wallet account with CryptoCasino need not […]

11 August, 2021
Binance,Bitcoin,SEPA

Binance Suspends SEPA Inward Payments Until Further Notice

Binance Suspends SEPA Inward Payments Until Further Notice Binance has just announced that it has temporarily stopped all incoming SEPA payments. As a result, users will no longer be able to deposit euros using the primary European payments network. The world’s largest cryptocurrency exchange did not provide any specific information regarding the reason behind this […]

12 July, 2021