India’s largest IOST trading competition on Koinex

Prizes worth INR 50 Lakhs to be won

We are excited to announce that Koinex in association with IOST token, is organizing India’s largest trading competition in the IOST/ INR market. The likes of such a competition have only been seen on international cryptocurrency exchanges and this will be the first trading competition of its kind in the Indian cryptocurrency market.

This IOST trading competition will be live for a period of one week from 12:00 pm IST on May 15, 2018 to 5:00 pm IST on May 22, 2018.

How to enter the competition

Entering the competition is as simple as making a trade! Start trading (buying, selling or both) in the IOST/ INR market while the competition is live.

Ranking

• Traders will be ranked based on their buy and sell volumes of IOST in the IOST/INR market throughout the week.
• Top 10 traders (Rank 1 to Rank 10) will be featured on our leaderboard. For traders from rank 11 onwards, only the trade volume will be featured on the leaderboard. The leaderboard will be updated every 15 minutes.

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 IOST wallets within two weeks after the trading competition ends and the tokens awarded will be as per the table above.

Read the detailed terms and conditions here. Also note that consent is mandatory for participating in the contest. Watch this space for more updates.

Update (May 21, 2018)- Due to an overwhelming response from our users we have extended the contest for one more day. The contest ends at 5:00 pm IST on May 22, 2018. Hurry and trade now!

IOST Trading Competition in the IOST/ INR market, goes live at 12:00 pm IST on May 15, 2018 and ends at 5:00 pm IST on May 22, 2018. Traders will be ranked based on their trade volumes while the competition is live. Winners will receive an airdrop of IOST (proportional to their trade volume) in their Koinex IOST wallets within two weeks after the competition ends. Note that consent is mandatory for participating in the contest.