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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. Also you must click on this link and read WazirX review by CryptoNewsZ before trading with it.
Today’s marathon contest starts at 9AM IST 🚀$CHZ https://t.co/KJSqfjgtmx
— Nischal (Shardeum) 🔼 (@NischalShetty) December 26, 2019
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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.
Time for the Highest Trader Kaun Marathon for #CHZ in 30 mins! 💪 Are you ready?
Contest duration: 9AM — 9PM today & tomorrow
You can participate on both days and win. Both volume as well as number of trades matter, so bring on your A-game! 🚀
— WazirX: India Ka Bitcoin Exchange (@WazirXIndia) December 26, 2019
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.
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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 Trade | CHZ Tokens (CHZ) | Value in INR (₹) |
| Highest | 53,414 | 30,000 |
| Second Highest | 35,609 | 20,000 |
| Third Highest | 26,707 | 15,000 |
| Fourth Highest | 17,804 | 10,000 |
| Fifth Highest | 8,902 | 5,000 |
| Next Top 10 | 3,560 | 2,000 |
Bounty scheme based on number of trades on each day
| Volume Trade | CHZ Tokens (CHZ) | Value in INR (₹) |
| Highest | 32,048 | 18,000 |
| Second Highest | 26,707 | 15,000 |
| Third Highest | 17,804 | 10,000 |
| Fourth Highest | 14,243 | 8,000 |
| Fifth Highest | 7,121 | 4,000 |
| Next Top 10 | 3,560 | 2,000 |
