Trade NRG and Win Rs. 6,00,000

Fay Barretto
Jul 1 · 2 min read

Say hello to the “NRG Trading Contest!

Hey folks,

We know you are always waiting for our unique trading contests and flash sales. So here we are, back with another trading contest, and this time it’s Energi (NRG) coin. Needless to mention, the reward purse is big, yet again.

1,000 NRG coins worth more than Rs. 6,00,000 are waiting to be won. Everyone is a winner now. The 1,000 NRG will be shared among all NRG traders based on the volume you have traded during the contest period.

Contest Details:

Total Reward: 1,000 NRG tokens (Rs. 6,00,000)

Start Date: 05/07/2019, 22:30:00 Hours

End Date: 12/07/2019, 23:59:59 Hours

Unlock Volume: 1 NRG On Every Rs. 1,20,000 Trading.

Peg Rate: Rs. 600 per NRG

How it Works:

Unlock Mechanism:

There’s 1000 NRG waiting to be unlocked. Each time NRG gets traded(including buys & sells) on Bitbns, NRG worth double the fees collected from the trade will be unlocked. This would continue till the total unlocked volume reaches 1000 NRG.

For example: If you trade for Rs. 6,00,000 worth of NRG, which would cost you Rs. 1500 as fees (600000*0.0025 = Rs.1500), Rs. 3000 worth of NRG (approximately 5 NRG as per current market price of 600 INR) will be unlocked.

How much you will Earn:

Let’s say the total Trading volume on 12/07/2019 is worth Rs.12,00,00,000 and suppose then 1000 NRG has been unlocked. So your share of NRG would be:

( Your Volume Traded during the contest/ Total Volume traded during the contest) * Unlocked Tokens

For example, you traded Rs.1,20,000 worth of NRG during the contest. You would earn:

(1,20,000 / 12,00,00,000 )* 1000 = 1 NRG

NRG contest mein #MilegaUmeedSeDugna and #HarKoiJeetega

NOTE: The fee incurred during the previous contest of NRG will be refunded.

Bitbns

Official Medium Account of Bitbns — Fastest and easiest way to trade cryptocurrency in India. https://bitbns.com/

Fay Barretto

Written by

Bitbns

Bitbns

Official Medium Account of Bitbns — Fastest and easiest way to trade cryptocurrency in India. https://bitbns.com/