In partnership with colossal exchange Binance, Waltonchain has announced the launch of a new trading competition where $85,000 reward in WTC is to be distributed.
Waltonchain made the announcement via its Twitter page after a preannouncement from Binance exchange.
$WTC trading competition is arriving! Trade $WTC trading pairs on @binance to share a #giveaway of $85,000 in $WTC tokens.
Competition period: 2020/04/17 08:00 AM – 2020/04/24 08:00 AM (UTC+8)#Waltonchain #Cryptocurrency #IoT #Crypto https://t.co/pgP0KqhLOG
— Waltonchain (@Waltonchain) April 16, 2020
Binance, in a release dedicated to the competition, said the contest is orchestrated towards celebrating the successful mainnet swap of Waltonchain and the addition of WTC/USDT trading pair.
The exchange said the competition which begins at exactly 0:00 AM on 2020/04/17 and ends on 2020/04/24 was jointly organized with Waltonchain.
Users only need to have a Binance account and trade WTC token on the account to stand the chance of winning a prize from the $85,000 giveaway.
Prizes to be won in the competition would be determined by the volume of WTC transactions a user performs on the exchange across all WTC trading pairs.
While the 1st, 2nd and 3rd place winners would be entitled to $20,000, $10,000, and $5,000 respectively in WTC, 4th-10th place winners would have $20,000 to be shared among them.
Irrespective of the above, users with 30,000 WTC or more will also share $30,000. Other terms and conditions attached to the competition can be found on the Binance platform.
