Hydax is an innovative digital asset trading platform that aims at bolstering the growth of digital assets/cryptocurrencies trading. Through the platform, you can have seamless transactions at the fraction of the cost. Moreover, the fees are lower and you can also enjoy fast paces of crypto trades.
As the Hydax cryptocurrency exchange continues to evolve, it also continues to bring forth new programs for the users. The latest update and program it has in stock is the Hydax VAS Trading Contest. As a cryptocurrency and digital asset trader, you cannot afford to miss out of the fantastic offers made via this medium. Below are the highlights of the contest.
THE CONCEPT OF VAS CHAIN
VAS Chain is the harbinger of the Hydax VAS Trading Contest. It is also a Value Asset Depository Service Chain that empowers digital asset traders and users to store their assets in the depository. Aside from the management of the assets, it also conducts joint audits, monitors the assets, and establishes a consensus via the supernode or the proxy node. Above all, the aim of the VAS Chain as introduced by Hydax is to bolster the security of digital assets.
HOW THE VAS TRADING CONTEST WORKS
That said, at the launch of the VAS Chain platform, the Hydax cryptocurrency exchange will be issuing free VAS tokens to potential users that won the contest. The move was informed by the successful listing of the VAS digital currency on the Hydax cryptocurrency exchange on November 16, 2019. It was only a few days into the listing and trading of the VAS digital currency with the USDT pair (VAS/USDT) that it became obvious that the value was surging. Therefore, Hydax decided to reward the users by introducing the VAS Trading Contest.
The VAS Trading Contests is devised in a way that the participants would get rewarded with 2 $VAS for trading on the USDT pair (VAS/USDT). The offer is on a “first come, first served” basis whereby the participants would be able to win provided they met the requirements before others did. Also, the contest is only open for the first 2,500 users that would participate. Also, there are no restrictions to how much you can invest because there are no minimum requirements.
THE MECHANICS
Indeed, the contest is open to 2,500 participants. That notwithstanding, you should note that the numbers of potential winners will be reduced along the line. Ideally, the participants are mandated to trade VAS and the underlying pair (VAS/USDT) throughout the phase of the contest.
For a winner to emerge, Hydax will check their VAS trading volume in terms of the VAS Buy-in and the VAS Buy-Out. In the end, the first or top 10 traders using the aforementioned formats would be rewarded.
THE PRIZE MONEY
Since the VAS Trading Contest has a minimum of 2 $VAS for each of the 2,500 traders and participants, it means that it would be distributing a total of 5,000 $VAS throughout the phase of the contest.
Now, out of the 2,500 participants, only 10 traders would be given the rewards. The first winner gets 2,500 VAS; the second gets 1,200 VAS while the third winner gets 600 VAS. Furthermore, the fourth winner gets 300 VAS while the fifth winner gets 150 VAS. From the sixth to the tenth winner, the reward would be 50 VAS for each trader.
REGIONAL ANGEL PROGRAM
Hydax is taking decisive actions to ensure that the users do not have to wait for long to get insights about the platform's next step. The introduction of the Hydax Regional Angel Program is a way of increasing the awareness of the platform's offers.
Ideally, Hydax is looking at recruiting more people in fifteen countries and regions of the world. They would among many other features, manage the social media platforms and curate contents depicting the functions of the broader Hydax ecosystem.
CONCLUSION
What are you waiting for? There are many opportunities when you join the Hydax-powered VAS Trading Contest. Besides, the Hydax Regional Angel Program is another way to bring more investors into the platform. So, start trading on the VAS/USDT pair for a chance to be in the top category of winners.
USEFUL LINKS
Website: https://www.hydax.com/
ANN Thread: https://bitcointalk.org/index.php?topic=5194780
App Download: http://52sg.vip/app.php/5599
Telegram: https://t.me/HydaxExchange
Twitter: https://twitter.com/HydaxE
Medium: https://medium.com/hydax
AUTHORS DETAILS
Bitcointalk username- Uju4real
Bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=2202971
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