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WazirX Kickstarts Highest Trader Kaun Marathon for CHZ Owners

Pioneering the cryptocurrency industry in the Indian subcontinent, WazirX, the leading cryptocurrency trading platform, has announced the news about the launch of an exciting initiative for the owners of the Chiliz or the CHZ tokens. The event has been introduced to the community by the name of “Highest Trader Kaun Marathon,” and will bestow the Chiliz token owners with the golden opportunity to win CHZ tokens in huge amounts. The contest has been scheduled to take place on two consecutive dates- December 26, 2019, and December 27, 2019. The interested investors can take part in the contest on both individual days from 9 AM to 9 PM IST.

According to the latest information, the giveaway amount will involve the disbursement of CHZ tokens worth 3,50,000. The winners will be chosen on the basis of the volume of their transactions and the number of Chiliz tokens traded in the USDT space. The exchange has fixed a minimum bar on the volume and number of CHZ transactions, and the investors who will meet the requirements will only be qualified to take part in the event.

WazirX is strengthening its control in the Indian crypto space by listing more and more reputed cryptocurrencies on its platform. Chiliz token was recently added to the esteemed exchange.

The total amount reserved for the disbursement of rewards on the basis of the volume of trades has been decided to be CHZ tokens worth ₹2,00,000 while the bounty amount reserved for the number of trades has been fixed at ₹1,50,000 worth CHZ tokens. Given below is the rewards scheme decided by WazirX for both, the volume of trades and the number of transactions executed during the event.

A person can qualify for only one category of bounty scheme, which will have a higher value, on each of the days prescribed. The exchange has prohibited the self-trading during the contest span.

Bounty scheme based on the volume of trades on each day

Volume TradeCHZ Tokens (CHZ)Value in INR (₹)
Highest53,41430,000
Second Highest35,60920,000
Third Highest26,70715,000
Fourth Highest17,80410,000
Fifth Highest8,9025,000
Next Top 103,5602,000

 
Bounty scheme based on number of trades on each day

Volume TradeCHZ Tokens (CHZ)Value in INR (₹)
Highest32,04818,000
Second Highest26,70715,000
Third Highest17,80410,000
Fourth Highest14,2438,000
Fifth Highest7,1214,000
Next Top 103,5602,000

 

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Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.
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