The OKCoin cryptocurrency exchange is celebrating its recent TRON (TRX) listing with a trading competition with $12,000 worth in prizes.
OKCoin, the San Francisco-based crypto exchange, recently added TRON trading to its platform. To commemorate this event, the exchange is holding a trading competition that features $12,000 worth of TRX as prizes.
Multiple Chances to Win TRON
The OKCoin competition will reward the top 20 traders of TRX on the platform. The competition has already started and will last through 0:00 am on January 25th, 2019.
— OKCoin (@OKCoin) January 17, 2019
Users can buy and sell TRX via the following trading pairs: TRX/USD, TRX/BTC, and TRX/ETH. The exchange will keep a running tally of everyone’s trading volume and will post the top 20 traders every day.
The prize breakdown for this competition is as follows:
- 1st place gets $3,000 in TRX coins.
- 2nd place gets $2,000 in TRX coins.
- 3rd place gets $1,000 in TRX coins.
- 4th – 10th place gets $500 in TRX coins (per winner).
- 11th – 20th place gets $100 in TRX coins (per winner).
Do You Feel Lucky?
In addition to the top 20 traders, OKCoin will also randomly pick 30 users who will each win $50 in TRX coins. To qualify for the random drawing, participants will need to do the following:
- Follow the Twitter accounts for both TRON and OKCoin.
- Retweet an OKCoin TRX trading competition tweet (will have #OKCoinXTRON in the tweet).
- Register for an OKCoin account and pass level 2 KYC.
It should be noted that people can only win one reward in total, so if you win one of the top 20 trading prizes, you are not eligible for the lucky draw.
It’s a good thing that the exchange is having a lucky draw component to this competition. The top 7 spots are pretty locked up. The number one trader has a volume of 2,062,260 while number two clocks in with 100,300. Number six has a volume of 34,205 while number seven has a volume of 24,606. Then there’s a huge drop-off as number eight has a trading volume of 316.
TRON (TRX) is currently trading at $0.024793, according to CoinMarketCap, with a total market cap of $1.975 billion. TRX is the ninth-ranked cryptocurrency on the market today.
Will you be taking part in the OKCoin TRX trading competition? Let us know in the comments below.
Images courtesy of Twitter/@OKCoin, TRON, and YouTube/@Tron Foundation.