Namaste Tribe! 🙏

We are pleased to announce that the Shardeum (SHM) token is now listed on the INR market on WazirX.

As a part of this listing, we are conducting the Highest Trader Kaun contest in the SHM/INR market. Traders will be ranked according to their total SHM/INR trading volume during the contest period, with top performers sharing rewards from the 52.9 Million SHM prize pool.

Trade more, win more!

A massive 52.9 Million SHM prize pool awaits top traders in the HTK Contest!

Who All Can Participate?

All KYC-compliant WazirX users with verified bank accounts can participate in the HTK contest, regardless of the trading model you are on.

How To Participate?

• The trading contest will be held from 3rd March, 2 PM IST, and will continue until 7th March, 9 PM IST. (“Contest Period”)
• You can participate in the contest at any time during the Contest Period. 
• 52.9 Million SHM in total rewards to be won! Trade SHM/INR on WazirX, increase your trading volume, and win your share.

NOTE: The minimum trade amount should be ₹1,000.

Giveaway Details

The winners will be decided based solely on the trading volume in the SHM/INR pair during the Contest Period.

Contest timing: 3rd March, 2 PM IST – 7th March, 9 PM IST

Terms & Conditions:

• The user must be a registered user or need to sign up on www.wazirx.com and complete the mandatory Know Your Customer (KYC), identity verification, and bank account verification in accordance with applicable laws, rules, and regulations, before participating in the contest. Users must trade the SHM/INR pair on WazirX between 3rd March, 2 PM IST, and 7th March, 9 PM IST. (“Contest Period”).
• Based on the slab mentioned above, the rewards will be distributed to the top 100 traders, ranked solely on the total trading volume (both buy and sell) in the SHM/INR market during the Contest Period. Prizes will be distributed on or before 23rd March, 2026. 
• This contest is not applicable to traders who have preferential trading fee discounts; e.g., MMs, HFTs, etc., are excluded from the HTK contest.
• The prizes for this contest are sponsored by Shardeum. WazirX has no obligation for payment of any tax in conjunction with the distribution or use of any prize money. All prize monies shall be subject to applicable taxes, levies, or statutory deductions as per Indian laws, and the sole responsibility for payment of such taxes shall lie with the user(s). WazirX may deduct or withhold taxes at source as may be required by law. WazirX has the right to clawback the prize money from the funds lying in the user’s account, without any prior notice, in case if any, suspicious activity is detected/suspected,  In case the HTK contest is held void for any reason whatsoever before distribution of the prizes, then WazirX reserves the right to terminate the HTK contest, and shall not be liable to make any distribution of prizes thereafter.
• The prizes are limited to one per user, i.e., they can be redeemed only once and not multiple times.
• WazirX reserves the right in its sole discretion to modify, suspend, or terminate the contest or revise these Terms & Conditions, at any time and for any reason, without prior notice, or to ensure compliance with any applicable laws, regulations, or regulatory guidance.
• This contest is a trading activity-based incentive program conducted on a digital asset trading platform.