Third Part of Anniversary Celebrations Go Live at CoinEx

Third Part of Anniversary Celebrations Go Live at CoinEx

CoinEx are celebrating their 2nd Anniversary of operations with a series of promotions. The third and final of which is going live today for you to enjoy.

The promotion will require you as a trader to get involved in spot trading on the platform, specifically, trading LBC.

During the course of the spot trading competition, traders will battle it out to get the largest trading volume – with 10 users being selected to share a prize sum of 50,000 LBC.

These top 10 will all need to trade over 15,000 USD in order to qualify for the top prizes, so it is a case of go big or go home for these top spots. These prizes will be distributed to users at the following rates:

No.1 – 20,000 LBC

No.2 – 10,000 LBC

No.3 – 5,000 LBC

No.4-No.10 – 2,000 LBC

As such, while you need to reach that amount in order to qualify for the top 10, the prizes will still be distributed reflective of the total amount which you eventually trade. And so, those who are looking for the top spot might need to trade substantially more than the threshold amount in order to walk away with that top 20,000 LBC prize.

However, if 15,000 USD is outside of your budget, then don’t fret as you may still be eligible for a share of LBC. This is because CoinEx have also set aside another 450,000 LBC for any other users who may not reach that amount.

This will then be distributed to the other participants proportionally. This means that even if you do reach the top 10 qualifying prizes, the more you trade the higher rewards that will be given to you are anyway.

There are some other points outlined by CoinEx that also are worth considering for those looking to participate in this event and potentially get a share of the LBC when it all comes to an end. These are as follows:

a. Spot and margin market will be included in this event.

b. During the event, should any cheating behavior be found, the user will be disqualified.

c. Event rewards will be issued within 10 days after the event.

d. The sub-account is not allowed to participate in this event.

This event is set to begin today at (Jan 2, 2020) 16:00 (UTC) and will run for the best part of two weeks ending on Jan 15, 2020 at 15:59 (UTC).

You still also have time to get involved in the other two promotions still live at CoinEx as part of the same anniversary celebrations.

There is one more day to get involved in the Perpetual Contract Trading Competition where 100,000 CET is up for grabs. However, you will only have around 24 hours left to make an impact on this promotion. This might be a big ask as some other users have had a week head start over you if you are just beginning to partake now.

With this considered, the Grid Trading Competition which is hosted in partnership with Coin919 is still live right now and there are still 10 days left for you to get involved in this.

The current top spot in this trading competition is currently sitting on 30,000 CET + Coin919 Points worth 1500 USD, while even those in 10th spot at looking at 1,000 CET + Coin919 Points worth 150 USD, at the time of writing. If you get a move on you could easily take these spots for yourself when it all ends on the 10th.

Whichever you choose to get involved in, they all are looking very promising and CoinEx anniversary celebrations are getting the year off to a great start already.

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

Bitcoin,CoinMarketCap,Ethereum

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
Casino,Ethereum,Gambling

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
Bitcoin,Coinbase,CoinMarketCap

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
Cybercrime,Scam,Trezor

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
Bitcoin,eToro,Trading

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
Bitcoin,Investment,Trading

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
Sponsored

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