Binance is hosting TRON Trading Competition! 10,000,000 TRX to Give Away! . Guide to easily get into Rank 3
Competition period: 2018/06/29 00:00 AM to 2018/07/06 00:00 AM (UTC).
Scroll down for my guide
Users will be ranked in terms of the total TRX volume traded on their Binance account (including both buys and sells, excluding wash trades) across all TRX trading pairs during the competition period.
Special Prize: 2,000,000 TRX
The top trader will be awarded 2,000,000 TRX!
Rank 1: 2,000,000 TRX to Win!
Top 2-11 traders: evenly split a pool of 2,000,000 TRX
Rank 2: 1,000,000 TRX to Win!
20 semi-randomly drawn traders* evenly split a pool of 1,000,000 TRX
Rank 3: 5,000,000 TRX to Win!
All traders with at least 65,000 TRX trading volume during the competition period evenly split a pool of 5,000,000 TRX.
** BUT ,What can you do if you are not a whale ?**
As you probably already know, the winner are always big whales, with huge... huge volumes of trade and considering the dumps that follow and trading all day for the week getting just a minute change to win may not be worth it .
So, what DO we do?
well as you can see , the rank 3 reward will be distributed to all traders that trade at least 65,000 TRX within the competition time .
I did some calculations and considering we use just 100 $ to trade TRX , we can easily be eligible to get a cut from the 3rd rank.
65,000 TRX has value of 65,000 x 0.04 (approx) = 2600 $
Since volume will both buys and sell , we can divide it by 2 resulting in 1300 $
By dividing 1300 by 100 we get 13
13 is the no. of trades (both buy and sell ) of TRX that we will have to do (each trade of 100 $) in order to be eligible for a cut from rank 3 reward
Remember the competition hasn't started yet! it will start at June 29 at 00:00 am UTC
Personal note ;
I wasn't planning to start like this but I guess this popped up so I wrote this .
This is my first post so please upvote & Resteem.
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good information bro. keep going and we all should support each other by commenting....
Thanks man , really appreciate it