Proton DEX is hosting its first-ever cash prize trading competition, featuring the recently listed XDC token. With a total prize pool of $5,000 and an exclusive XDC Proton DEX NFT for eligible traders, this competition presents an excellent opportunity for traders to participate in the growing Proton DEX ecosystem.
Trading Prizes
The XDC trading competition on Proton DEX offers a generous prize pool of $5,000, allocated as follows:
- 1st Place: $2,500
- 2nd Place: $1,500
- 3rd Place: $1,000
Prizes will be awarded in XDC tokens to the respective winners. View the leaderboard.
Exclusive XDC Proton DEX NFT
In addition to the cash prize pool, an exclusive XDC Proton DEX NFT will be offered to anyone who trades over $100 on the XDC/XMD pair during the competition period. This limited edition NFT commemorates the list of the XDC token on the Proton DEX
The NFT will be airdropped at the end of the trading competition, to all eligible participants.
How to Trade XDC on Proton DEX
Follow these steps to trade XDC on Proton DEX:
- Connect your WebAuth wallet to Proton DEX (refer to the previous blog post for detailed instructions).
- On the Proton DEX homepage, click the “Markets” tab.
- Use the drop down menu to find the XDC trading pair you’re interested in (e.g., XDC/XMD).
- Click on the trading pair to access the trading interface (or click here)
- Choose Limit on the Order widget
- In the “Buy” or “Sell” section, enter the amount of the cryptocurrency you want to trade and your desired price.
- Review your order details and click Buy or Sell XDC to execute the trade.
- Once your order is filled, the traded tokens will be added to or removed from your WebAuth wallet, depending on whether you bought or sold the asset and you will be able to see your filled trade on the Order History tab.
Competition Rules
The XDC trading competition will run for three weeks. The competition begins at 00:00 UTC April 4 and ends at 00:00 UTC on April 26. The rules for the competition are as follows:
- Only trading with XDC pairs will count towards the competition.
- Zero fee trades are excluded from the competition.
- The winner will be the individual who has traded the most XMD value during the competition period.
- Trading on any other pairs or using any other decentralized exchanges will not be counted towards the competition.
- Any attempts to manipulate the competition or violate the rules will result in disqualification.
- The decision of the judges is final and cannot be appealed.
- All prizes will be issued to winners by April 30th.
- The rules and regulations of the promotion shall be subject to Metallicus’ final decision, and Metallicus reserves the right to disqualify any person who is known or suspected to be cheating or violating any rules and regulations set by Metallicus.
Please note that market makers are excluded from the competition.