This week, we’re featuring Moonchain (MXC) in our trading campaign. Moonchain is a DePIN-focused Layer 3 on Ethereum built atop Arbitrum. Moonchain enables data transmission and value exchange between Internet of Things (IoT) devices. This exchange is automated using smart contracts running MXProtocol, which allows devices to connect and communicate more efficiently. It also lets users create their own dApps on top of the network. It’s currently supported by a global network of over 40,000 devices. MXC is the utility token for Moonchain, designed to let users, corporations, and enterprises participate in building Web3 infrastructure.
Between now and 8 May, Crypto.com App users who hold the Freshman Trader Badge stand to win a share of US$50,000 in MXC!
Campaign Period: 1 May 2024, 07:00 UTC – 8 May 2024, 00:00 UTC
Trading Competition (US$25,000 Prize Pool)
The top 5,000 eligible users ranked by MXC trading volume will win US$5 of MXC each.
Participation in the campaign is strictly optional.
In addition to the following rules, please refer to the Limited Offer Official Rules for further rules regarding eligibility and participation in the campaign.
The Campaign is offered by Crypto.com to Crypto.com App users who have successfully completed the identification process and all other onboarding procedures specified in the Crypto.com App by the end of the campaign period.
Any trades that are executed through bad trading practices in Crypto.com’s absolute opinion, including but not limited to wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation (‘disqualified trades’), will not be counted towards the participant’s transaction volume.
Crypto.com will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Crypto.com.
The MXC rewards will be credited to the recipients’ Crypto.com App account in MXC tokens within 90 days after the campaign ends.
Recipients will be notified via email 14 days after the reward distribution is completed for confirmation.
The MXC/USD exchange rate used to administer the campaign will be determined around the time of reward distribution at the sole discretion of Crypto.com.
Crypto.com reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion.
By participating in the MXC App Campaign, participants acknowledge having read the Global Marketing Privacy Notice of Crypto.com, which is published at https://crypto.com/privacy/marketing and understand that we may use their personal information for the purposes of assessing their eligibility to participate in the campaign, identity verification and reward redemption.
In the event of any dispute, Crypto.com reserves the right to make all final decisions regarding the campaign.
Nothing contained herein shall be construed to be financial advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy or sell any digital assets. Purchasing cryptocurrencies involves a high degree of risk and there is always the possibility of loss, including the loss of all or a substantial amount of your purchase price. Please seek professional advice before making any financial, investment, or trading decisions
