All this week at the exchange platform EXMO users will be able to win their share of a $1,400 prize pool on the same day they slashed commisson charge for two major fiat currencies.
Up until June 20th this offer to anyone who completes the easy step in order to become eligible for a share of the funds, while also gaining activity points on the platform.
The conditions and the points that users will get along the way are as follows:
Create an account on exmo.com or simply sign up and then complete 3 transactions between 13-18 June for 40 points.
Enable 2FA in your Personal Account for 20 points.
Subscribe to the EXMO’s Social Media pages: Facebook, Twitter, Medium and you will earn 5 points for each.
Follow the official EXMO Telegram channel for 10 points.
Subscribe to the official EXMO YouTube channel for 15 points.
The most important step is to fill out the form to be eligible. Failure to do that will result in all the other steps being voided and you won’t be entered into the draw.
As you can see, completing these simple steps will get you a total 90 points before you have even got involved with the competition and even if you don’t win, these points can be beneficial at a later date too. However, now it is time to get down to business and elaborate on the competition itself.
The way it works is that the money will be divided amongst the most active participants from now until the end of the competition’s runtime, with a100 users with the most activity being randomly selected. Which will be split out over 5 groups, who will earn both cash and prizes, and pays out as follows:
Group 1 will see 10 winners get $50 prize and get between 75-100 points.
Group 2 will see 20 winners get $20 prize and get between 40-70 points.
Group 3 will see 30 winners get $10 prize and get between 25-35 points.
Group 4 will see 40 winners get $5 prize and get between 5 -20 points
Winners will be selected via a randomizer among all the participants who complete the rules, with these winners announced on or before the 24th June 2019. If you want to take part head over to EXMO exchange platform now.
Staying on the topic of EXMO, there is a second reason to join, which is the flashing of two commission rates on the exchange. These will be beneficial to both traders from Russia, as well as across Europe, who use either AdvCash and Qiwi.
The first of these changes will be for Euros and AdvCash, which has seen the deposit commission fee drop from 0.45% to 0%, meaning it is now absolutely free to use to deposit via these means. While the second change has seen the commission fee for deposits by Russian Rubles (RUB) and Qiwi drop by 1% from 3.95% to 2.95%. Both of these new prices will be available to users immediately.
Two more great reasons to join the EXMO exchange platform.
The Ethereum-based Chainlink (LINK) is now possible to be traded on Coinbase. Coinbase had already begun accepting inbound transfers LINK yesterday (26th June) at 10 am (PT) on their Coinbase Pro service. Stating that they will accept deposits for a full 12 hours prior to enabling full trading. The standard four-phase approach that Coinbase uses […]
Changelly have announced that up until the 10th July 2019, users will be able to purchase major cryptos with their fiat currencies for a discounted price. The new offer is to celebrate the fact that you can now purchase Binance’s native coin, Binance Coin (BNB) on their service. In a partnership with Simplex, the payment […]
Leading exchange platform, Kraken has revealed they raised over $13 million in a new fundraising round. The San Francisco-based firm was hoping to make $10 million in this latest round of fundraising, but in fact, surpassed that mark with ease. In total, 2264 investors contributed to a total fund of $13.5 million. This more than […]
CoinEx launched their new market trading feature earlier this week which promises to “further advance the trading experience” on the service. The new service was rolled out on Monday (24th June 2019) and offers 4 separate features that make it stand out as a great addition to their platform for users. These are a Forced […]
United States House Financial Services Committee have announced that they have set a date for a hearing of the impending arrival of Facebook’s Project Libra to the crypto market and its impacts. Facebook’s own stablecoin released its white paper last week and naturally, it caused a stir. As has been the case for a long […]
The exchange platform Bitfinex are poised to begin derivative trading and it could be with maximum leverage it seems. With a member of their upper management having pointing towards the potential of this occurrence. Paolo Ardoino, their CTO announced implied to happen via Twitter last night, when he posted a leverage meter bar with the […]
Huobi is a long-standing cryptocurrency exchange. It was originally founded in China, and as such, suffered some setbacks in the aftermath of China’s crypto exchange ban. While its fellow Chinese exchange Binance has managed to thrive and gain significant fame, Huobi has floundered a bit since relocating to Seychelles. A big black mark that will […]
Major exchange platform, Kraken have announced they have finalised a deal which sees taking ownership of the multi-level crypto business, Crypto Facilities. The news broke today via a press release shared by Kraken in which they explained the new means that the pair combined “creates a global leader in cryptocurrency spot and futures trading”. London-based […]