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Home Crypto Exchanges Trading

Crypto trading app Hxro launches “100M Satoshi Stimulus Package” competition

Published by CryptoNinjas.net
03/17/2020
Bitcoin trading app Hxro launches “100M Satoshi Stimulus Package” competition

COVID-19 has changed the lives of nearly every person across the globe, now forcing us to live in virtual isolation. The recent economic turmoil and massive market volatility “Quarantine 2020″ is causing has only just begun to affect both traditional and crypto market traders around the world.

“At Hxro, we want to make sure every second you spend behind your screens is bolstered with a little extra chance at stacking (or replenishing) more sats. What better way to inject bitcoin economic stimulus than with a good ‘ole fashioned trading competition. Over the next two weeks, we will be hosting an overlay trading competition on the Hxro platform and will be giving away a total prize pool of 100 Million Satoshis (1 BTC).”
– The Hxro team

Details are as follows

  • Starts: March 18th 00:00 UTC
  • Ends: March 31st 00:00 UTC

Ranking Categories

The top 10 traders will be paid out in the following three categories at the end of the competition:

  • Total PNL (Profit & Loss): 0.5 BTC
  • Total ROI % (Return on Investment): 0.25 BTC
  • Total Transactions: 0.25 BTC

Traders may participate in any combination of platform contracts (timeframe, underlier, denomination).

Both existing and new Hxro traders are qualified to participate. All accounts will be measured from competition start time to end time and will be normalized to USD for purposes of measurement.

Payout percentages for all categories are as follows:

  • 1st 50%
  • 2nd 25 %
  • 3rd 12.5 %
  • 4th 6.25 %
  • 5th 3.125 %
  • 6–10th 1.5625% each

Participants are eligible to begin trading at any time after the competition has commenced.

Hxro is a cryptocurrency platform that offers perpetual, time-based digital derivatives products. Hxro offers a simplified way to interact with the market, giving traders an alternative way to express a view on price, hedge risk, and trade digital assets.
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Via: hxro.io

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