Home Alt coins AscendEX Exchange Launches Trading Contests With $ 300,000 Prize Pool

AscendEX Exchange Launches Trading Contests With $ 300,000 Prize Pool

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AscendEX Exchange Launches Trading Contests With 300000 Prize Pool

AscendEX cryptocurrency exchange will give away $ 300,000 in Solana (SOL) and Tether (USDT) tokens among participants in futures contracts. This is reported in the blog of the trading platform.

The contests will run until October 13, 2021. To participate, you need to register on the exchange and answer questions in Google form. When registering using a referral link, you can get a 10% discount on commissions throughout the year.

AscendEX is a crypto exchange headquartered in Singapore. The platform supports futures contracts for 31 cryptocurrencies with leverage up to 100x, as well as staking 13 assets with a yield of up to 21.54% per annum. Users can use staked assets as collateral when trading futures.

Learn and earn! AscendEX will randomly credit between 5 and 50 USDT to the first 500 users who correctly answer the questions in Google form.

Answers can be found in the post about the competition on the exchange website and the article How to Use Staked Assets for Futures Trading. Also, users can contact the support service in the Russian-language Telegram-channel AscendEX.

Translate and trade! The exchange will reward users with bonuses from $ 10 to $ 1000 in SOL or USDT for transferring staking assets to a futures account and making trades in the amount of 1000 USDT or more. The first 10 participants with a trading volume above 200,000 USDT will receive $ 88 in SOL.

AscendEX will cover your losses! The exchange compensates users for losses when trading futures contracts. The platform will credit participants with USDT Futures Bonus Credits (USDTR) – the USDT equivalent that can be used on AscendEX as collateral when trading futures contracts.

The platform will fully cover losses of less than 100 USDT. The maximum compensation for losses over 100 USDT is 100 USDTR.

crypto-daily.news previously reported that staking brought crypto investors over $ 20 billion in 2020.


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