CTX airdrop — see what’s coming

TheGCCcoin
4 min readDec 31, 2018

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Caytrex exchange’s CTX token airdrop is around the corner. Get up to 100% in your GCC holdings’ value!

Visit: https://airdrop.caytrex.com

Caytrex is scheduled to be launched in the first quarter of 2019. It is a craftly designed, user-friendly cryptocurrency exchange that introduces Smart Coins Alliance program supporting listings and promotion of quality projects. If you hold Global Cryptocurrency, now is your one-time opportunity to get hold of Caytrex’s internal CTX token and even double your initial holdings’ value!

The airdrop is divided into 3 snapshots: January, February and March 2019.

Registration starts on January 14, 2019!
First snapshot (Airdrop Phase 1) — 28th January!

It’s up to you when and how long you want to participate. You can take part in one, two or all airdrop phases. We will check your GCC balance after each snapshot. Remember — if you want to maximize your airdrop — don’t let GCC balance on your registered wallet drop down below snapshoted amount even for a second before the last, third snapshot happens! Participants will receive CTX tokens after the entire airdrop period ends. Let’s go and see how much you can get by holding GCC.

Calculation

Get 1 CTX to each 60 GCC.
1st phase — January: 50% of your holdings
2nd phase — February: 25% of your holdings
3rd phase — March: 25% of your holdings +
double bonus for long-term holders. Remember that if you continue holding during all 3 phases, the balance must never go below January’s first snapshot!

1st phase + 2nd phase + 3rd phase + bonus = 125%
TOTAL RATIO up to 48:1!

CTX Airdrop procedure

For each 60 GCC you have you will receive 1 CTX. Holders who will keep their GCC escrowed for all 3 airdrop phases could receive CTX at a ratio even up to 48:1! (1 CTX token for each 48 GCC). The nominal price of CTX is 0,09$.

SPECIAL BONUS: GCC holders whose GCC wallet balance during the whole airdrop procedure will never get below the initial 1st phase balance will get the final 3rd phase CTX amount doubled!

About the CTX token
It is the native ERC-20 token of Caytrex exchange. With CTX token, you can lower trading fees on the exchange! It is also used as a payment method for listings and other services and it funds promotional activities of Caytrex’s Smart Coins Alliance programme and the exchange itself. CTX runs on Ethereum blockchain. There will be total 188.000.000 CTX issued.

The airdrop is constructed in a way to bring in new traders and investors, but also in order to reward the long-term holders of GCC. By owning CTX, we invite you to become the “shareholders” of the exchange and help in its development.

Airdrop registration website will launch in mid-January! We will give you enough time and notify you at least 5 days before the snapshot 1 begins via email so that every holder can prepare and send their GCC.

How to register for the airdrop?

Go to https://airdrop.caytrex.com page

Option A: Node (desktop) GCC wallet + ETH wallet

1. Input GCC node (desktop) wallet address where you store your GCC.
2. Input ETH wallet address where you want CTX to be airdropped (when unlocked after the last airdrop phase).
3. Input ETH wallet signature (which you used to sign the ETH address from point 2).
4. Place the valid e-mail. It’s very important that you are available on it during the whole airdrop process.
5. Click SEND button.
6. Check your e-mail and follow the instructions you find there to accomplish the process and get successfully registered for the airdrop.
7. When all steps are performed correctly, you will get another e-mail with airdrop confirmation. If you don’t receive this message within 5 minutes, please contact support or retry registration process (remember to check the spam folder too). 8. Await email reminding you about the incoming snapshot date. You will receive it at least 5 days ahead. There will be 3 snapshots in total. The first snapshot is scheduled for 28th January, 2019. Don’t send GCC from your address until Airdrop Phase 1 ends!
CTX tokens will be sent to you after the 3rd airdrop phase.

Option B: GCC web wallet

1. Input GCC web wallet address where you store your GCC.
2. Place the valid e-mail you are using with your GCC web wallet. It’s very important that you are available on it during the whole airdrop process.
3. Click SEND button.
4. Check your e-mail and follow the instructions you find there to accomplish the process and get successfully registered for the airdrop.
5. When all steps are performed correctly, you will get another e-mail with airdrop confirmation. If you don’t receive this message within 5 minutes, please contact support or retry registration process (remember to check the spam folder too). 6. Await email reminding you about the incoming snapshot date. You will receive it at least 5 days ahead. There will be 3 snapshots in total. The first snapshot is scheduled for 28th January, 2019. Don’t send GCC from your address until Airdrop Phase 1 ends!
CTX tokens will be sent to you after the 3rd airdrop phase.

Technical airdrop information

During each snapshot, GCC holdings on the provided wallets and web wallets are saved to calculate the airdropped amount according to GCC average daily value at the exact time set.

To avoid dump at the day of Caytrex launch, CTX tokens will be locked for 3 months counting from snapshot date.

Airdrops will be executed up to 48 hours from lock expiration. Processing time is dependent on the ETH network load.

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