Liechtenstein Cryptoassets Exchange, LCX, one of the crypto stalwarts based out of the Principality of Liechtenstein has launched its first trading competition that will be conducted for 7 days starting today on LCX Terminal with a total prize pool of 1,000,000 LCX Tokens.
Participants will match their skills against one another in the hunt for 1,000,000 LCX tokens in the total prize pool. The trading competition will see participants demonstrate their trading mastery in an attempt to place among the top 100 traders based on two categories i.e Number of Trades and Trading Volume. The top 3 winners in each category will get 250,000; 100,000 and 50,000 LCX tokens respectively while the next top 100 participants will get 1,000 LCX tokens each.
For participants to qualify and become eligible for the prize pool, they are obliged to fulfill the minimum requirements for the competition in each of the category they are competing in, which is
Minimum 10 trades for Number of Trades
Minimum 100 USD trading volume for Trading Volume
The contest starts today at 3:00 pm CET and will end at the same time next week. During these 7 days, anyone can participate in the competition. Each of the participants can see their own ranks in the leaderboard section of the LCX terminal. The result of this competition will be out on 4th March 2020.
“Launching the LCX Terminal trading competition is a natural step for us as it fits in the roadmap of LCX to provide an advanced cryptocurrency trading desk for professional investors” Monty Metzger, Founder & CEO, LCX
About LCX: LCX, the Liechtenstein Cryptoassets Exchange, is Empowering The Blockchain Industry: LCX’s goal is to become one of the world’s first licensed and supervised security token exchange as a regulated marketplace for digital assets.
The initial product is LCX Terminal, an advanced crypto trading desk to trade on all major crypto exchanges within a single interface. With LCX Assets and LCX Exchange, the fast-growing technology startup, LCX is planning a compliant security token platform for issuing, storing and trading of cryptocurrencies, tokenized securities and digital assets – after necessary regulatory approval has been obtained.