Zcoin crypto-trading contest goes live on Koinex!

Team Koinex
3 min readJun 22, 2018

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Another week of exciting trading and prizes worth upto INR 15 Lakh to be won!

Koinex is delighted to announce yet another exciting week-long crypto-trading competition and this time we have partnered with Zerocoin (Zcoin) to organize this contest in the XZC / INR market.

This contest is live since June 21, 2018–6:00pm and will end by June 28–5:59 pm (IST).

How to enter the competition

The rules of the contest are the same as before, so to enter the competition, you need to click on the contest pop-up on Koinex and start trading (buying, selling or both) in the XZC / INR market while the competition is live

Read the detailed terms and conditions (here). Also note that consent is mandatory for participating in the contest.

Ranking

Traders will be ranked based on their combined buy and sell volumes of XZC in the XZC / INR market throughout the week.

Top 10 traders (Rank 1 to Rank 10) will be featured on our leaderboard. Following that, we will group the traders in different buckets (based on volume trade) as follows: Rank 11–20, Rank 21- 50, Rank 51- 100 and Rank 101–250. We will only list the trade volume for these bucket ranks, on the leaderboard. The leaderboard will be updated every hour.

Rewards

The distribution of tokens with respect to the trade volumes / ranks (based on the total trade volume while the competition was live) will be as follows:

The reward tokens will be airdropped to the traders’ Koinex Zcoin(XZC) wallets within three — four days after the trading competition ends and the tokens awarded will be as per the table above.

This contest is the fourth edition of the crypto-trading competition pioneered by Koinex in the Indian market akin to the crypto-competitions we see in the global arena. Zcoin (XZC) is an altcoin for the Zerocoin Protocol which is building a framework to allow more privacy to the cryptocurrency ecosystem as a whole, especially for financial transactions.

Stay tuned for more updates on the contest.

Zcoin (XZC) trading competition in the XZC / INR market, is live since 6:00 pm IST, June 21, 2018 and ends at 5:59 pm IST on June 28, 2018. Traders will be ranked based on their trade volumes while the competition is live. Winners will receive an airdrop of XZC (proportional to their trade volume) in their Koinex Zcoin wallets within three -four days after the competition ends. Note that consent is mandatory for participating in the contest.

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Team Koinex

Our team is a diverse coalition of engineers, designers, and entrepreneurs who have come together under a united passion: love for Blockchain Technology.