NovaDAX launched on Friday (14) a new campaign for the crypto market that should help traders to earn more cryptocurrencies on the platform. Called NovaFriday, the event will bring one news per week on the exchange's social networks.
Ethereum trading competition (ETH)
The current cryptocurrency is ether, a native token of the Ethereum network. Users can compete for up to R $ 800 of cryptocurrency just by trading the asset at the brokerage house. The rules were posted on NovaDAX's Instagram and inform that the competition starts today and will go until 23:59 on May 20. The terms are simple, the 10 traders that add the highest traded volume of ETH (including both the Real-Cripto pair and the Crypto-Crypto pairs) gain some value in ether. See below the prize table:
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1st Place: R $ 800 in ETH2nd Place: R $ 500 in ETH3nd Place: R $ 300 in ETH4th Place: R $ 100 in ETH5th Place: R $ 80 in ETH6th Place: R $ 60 in ETH7th Place: R $ 50 in ETH8th Placed: R $ 30 in ETH9º Placed: R $ 20 in ETH10º Placed: R $ 10 in ETH “The prize will be credited to the winners' accounts within three business days after the end of the campaign.”, Says NovaDAX in a publication.
NovaDAX is conquering the market:
Launched in October 2018 on the Brazilian market, NovaDAX is a bitcoin brokerage controlled by the Chinese giant Abakus Group. In a short time, the brokerage conquered Brazilians with low rates, large amounts of currencies and attractive marketing campaigns; in the last 24 hours NovaDAX surpassed the main Brazilian brokers in the volume of traded bitcoins, corresponding to 17% of the national btc market. With the new campaign, the broker also wants to dominate the ether market. Just today, the first day of the campaign, the broker has already traded R $ 5,290,840.00 according to data from Coinmarketcap. Among the 4 major brokers in the national market, NovaDAX is one of the ones that offers more pairs in BRL (25), while Binance, its biggest competitor, offers only 17, but with a giant range of products such as futures and savings.