CoinEx Announce Chain Nodes Election Competition

CoinEx Announce Chain Nodes Election Competition

CoinEx are 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 which 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 which has multi-faceted benefits for all involved. The first of these is inherent of 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, it 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 which 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 in an element to risk in the process, but the more you risk the more chances you get to get your hands on the prizes which 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 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


Cryptocurrency Market Cap Jumps Past $2 Trillion

Cryptocurrencies continue to make headline news around the world as the total market cap surpassed $2 trillion on Monday. Supported by increased interest from institutional investors, celebrities, and retail investors, digital coins are now worth more than Apple Inc. Bitcoin has, once again, played a major role in the sector’s market cap. The world’s first […]

6 April, 2021
Digital Currency,Ethereum,Stablecoin

VISA Set To Support Cryptocurrency Settlements

The global payments corporation, VISA, announced on Monday that it is making preparations to allow USD Coin (USDC) to settle transactions within its network. This move is being viewed by industry analysts as yet another clear sign that cryptocurrencies are being accepted by major institutions within the traditional financial industry. USDC was selected by VISA […]

30 March, 2021

CasinoFair Temporarily Shuts Down Amid Network Congestion

The popular cryptocurrency casino, CasinoFair, has announced in a recent blog post that it will be temporarily stopping its gaming services. Citing unsustainable congestion on the Ethereum network as the main reason for this pause, the casino reassured its players that it is “actively researching solutions and hope to be back with a new range […]

26 March, 2021

Significant Bitcoin Drops As Coinbase Announces IPO

The cryptocurrency market is back in turmoil following yet another volatile week where Bitcoin almost reached a record-breaking value of $60,000. Bitcoin drops are nothing new, but the recent 25% decrease has caused panic amongst even traders with an experience of major currency fluctuations. The latest drop comes as Coinbase, one of the world’s largest […]

1 March, 2021

Trezor Warns Users About Fake Mobile App

Trezor is warning users of a malicious mobile application featured on Google Play which appears to be associated with the wallet provider. At least 1,000 users have already downloaded this software, and it is likely that some have unwittingly provided their seed phrase to unlock their funds. Both Trezor and SatoshiLabs have confirmed the existence […]

26 January, 2021

eToro Temporarily Raises Minimum Deposit To $1,000

For the past few weeks, the increase in Bitcoin’s price has led to a massive interest in cryptocurrency trading. eToro has been overwhelmed by new registrations and has decided to temporarily raise the minimum deposit from $200 to $1,000. Although 2021 has barely gotten started, it promises to be an exciting time to invest in […]

11 January, 2021

Global Cryptocurrency Market Value Surpasses $1 Trillion

Thursday has proven to be a monumental day for cryptocurrencies as the world’s combined value tops the $1 Trillion mark. Energised by a substantial rise in the value of Bitcoin in recent months, the volatile crypto market has reached a once-unreachable value. Following the latest Bitcoin Halving in May 2020, the world’s largest digital token […]

10 January, 2021

Victory over virus: SiGMA Virtual Expo hosts 100+ exhibitors

SiGMA Europe and AIBC Virtual Expos launch with record breaking attendance, providing a cure to the industry’s events sector In the light of this year’s changes in our everyday lives, SiGMA was close to having to stop doing what it does best; creating networks for people through the company’s iconic physical events, but luckily, the […]

26 November, 2020