ADX Trading Competition on Binance, $60,000 in ADX to Be Won!

adex-logo

Posted by AdEx Network on September 21st, 2020

ADXNEWS

Attention, traders, holders, Chads and devoted ADX fans! To celebrate our successful token upgrade on Binance, we teamed up with them to run a trading competition. The prize pool is huge - you can win 60,000 USD in prizes (payable in ADX tokens) There is something for everyone - we are doing both a trading competition, and a prize raffle. See what we’ve got for you!

🎯Competition: Trade ADX and Win $40,000 USD in ADX Tokens!

If you’re into candlestiicks, bars and charts, this one’s for you. Participants in the trading competition will be ranked based on the total ADX trading volume traded on their Binance account (including both buys and sells) across all ADX spot or margin trading pairs during the competition period.

The reward structure is as follows:

  • 🥇1st place: 10,000 USD in ADX tokens
  • 🥈2nd place: 6,000 USD in ADX tokens
  • 🥉3rd place: 4,000 USD in ADX tokens
  • 🎖4th-10th place: split 20,000 USD in ADX tokens equally

🎲 Lucky Draw: Trade ADX to win $100 USD in ADX Tokens!

If you’re not a super competitive trader, you still have a chance in our promotion. All users with a total trading volume of 20,000 ADX or more (including both buys and sells) during the competition period will qualify for lucky draw, where 200 lucky winners will be randomly drawn to each win 100 USD in ADX tokens.

  • The lucky draw rules are as follows.
    • We will take the final 8 numeric digits of the last Binance chain hash value at 2020/09/** 11:59 PM (UTC) as the winning number.
    • We will then use this winning number to match User IDs from the first digit onward. The 200 lucky winners whose IDs have the most consecutive identical digits will win the lucky draw.
    • If the number of matches exceeds the number of winners, we will then further select winners based on their User IDs in ascending order (The earlier the registration time, the lower the UID number).
  • For example:
    • Assume that the last Binance Chain block hash value before 2020/09/** 11:59 PM (UTC) is: 3E53A755905113FD1738F0A585D65CE4AC942AAF214625512E30A07FBBA5DFA5
    • Removing the letters from the hash value gives us a string of numbers: 3537559011317380585654942214625512300755
    • The winning number is 12300755.
      • Comparing the last 8 digits of all User IDs, if it matches the last 8 digits of the winning number 12300755, the user will be a winner.
    • If the first digit does not match, the last 7 digits of the User IDs are compared. If they match the last 7 digits of the hash value 2300755 exactly, the user will be a winner.
    • If the first 2 digits do not match, the last 6 digits of the User IDs are compared. If they match the last 6 digits of the hash value 300755 exactly, the user will be a winner

Terms & Conditions:

  • If you don’t have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
  • Participants that win rewards in Promotion A will not be eligible to receive rewards from Promotion B.
  • ADX trading pairs include ADX/BTC and ADX/ETH.
  • Binance will use the average USD price of ADX on CoinMarketCap during the competition period as the exchange rate used for distribution.
  • Trading volume counts both buys and sells, excluding any wash trades, across all ADX trading pairs.
  • Sub-account trading volume will be combined with the master accounts standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
  • Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • Rewards will be distributed within 2 weeks after the competition ends. You will be able to login and see your rewards via the Distribution History page in the Account Center.
  • Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.

Risk warning: Cryptocurrency investment is subject to high market risk. Binance is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make your investments with caution.