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MATIC/INR & Matic Monday’s on WazirX

By May 14, 2020March 22nd, 20222 minute read

Namaste Tribe! Yesterday, we ran a poll on Twitter about which INR pair you want to see next on WazirX! Turns out MATIC is a huge favourite. So, MATIC/INR is going live on WazirX today at 5 PM IST!

We’re giving ₹4,00,000 worth MATIC on Matic Mondays! Share this

We’d also like to congratulate our friends at Matic Network for achieving two big milestones in their journey — Matic Mainnet is going live in the end of May after which MATIC will be listed on Binance America ⚡️

WazirX will enable MATIC deposits & withdrawals before Matic Mainnet goes live 😎

What is ‘Matic Mondays’?

For the next 2 Monday’s, we’ll run day-long MATIC/INR trading contest. It’s on:

Monday, 18th May: 9 AM — 9 PM IST

Monday, 25th May: 9 AM — 9 PM IST

You can participate and win on both days!

How can I participate?

Winners will be decided on the basis of the volume and number of MATIC traded in our INR market. Here’s how to qualify:

For volume of trades: Minimum trade volume of ₹5,000 worth of MATIC each day

For number of trades: Minimum 50 trades each day

Lucky trader of the day will win 25806.4 MATIC worth ₹40,000!

What’s the bounty?

For volume of trades on each Monday:

  • For the highest volume of trades: 19354.83 MATIC (worth ₹30,000)
  • For the 2nd highest volume of trades: 14193.54 MATIC (worth ₹22,000)
  • For the 3rd highest volume of trades: 9677.41 MATIC (worth ₹15,000)
  • For the 4th highest volume of trades: 6451.61 MATIC (worth ₹10,000)
  • For the 5th highest volume of trades: 4516.12 MATIC (worth ₹7,000)
  • For each of the next top 10 highest volume of trades: 1032.25 MATIC (worth ₹1,600)
  • For each of the next top 10 highest volume of trades: 645.16 MATIC (worth ₹1000)

Total bounty for volume of trades is ₹2,20,000 worth MATIC

For the number of trades on each Monday:

  • For the highest number of trades: 7741.93 MATIC (worth ₹12,000)
  • For the 2nd highest number of trades: 5806.45 MATIC (worth ₹9,000)
  • For the 3rd highest number of trades: 3870.96 MATIC (worth ₹6,000)
  • For the 4th highest number of trades: 1935.48 MATIC (worth ₹3,000)
  • For the 5th highest number of trades: 1290.32 MATIC (worth ₹2,000)
  • For each of the next top 10 highest number of trades: 645.16 MATIC (worth ₹1,000)
  • For each of the next top 10 highest number of trades: 516.12 MATIC (worth ₹800)

Total bounty for number of trades is ₹1,00,000 worth MATIC

Note: Each day, you can qualify for only one category of bounty (volume or number) whichever has a higher value. For example, if you’re the 2nd highest trader in terms of number, and 2nd highest in terms of volume, then you’ll get bounty for the “volume”. Also, self-trading is not allowed.

Don’t forget to take advantage of the contest leaderboard, trade smartly and win!

Happy Trading!

Priyanka works at WazirX, and is HODLing like most of us.
*Above content is migrated from medium to wazirx blog
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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