Update: Dates of Highest Trader Kaun Marathon trading contests have been changed.
Namaste Tribe! ?
PAX Gold (PAXG) is listing on WazirX on Monday, 17th May, and you will be able to buy, sell, trade PAXG in our INR and USDT market. We are also running a giveaway for you via a host of activities.
What about PAXG Deposits & Withdrawals?
PAXG is a part of our Rapid Listing Initiative. Hence, we will start PAXG trading with enabling its deposits via WazirX <> Binance inter-wallet transfer option.
What does it mean for you?
- Deposits — You can deposit PAXG from Binance wallet to WazirX.
- Trading — You will be able to buy, sell, trade PAXG in our INR and USDT market. When you buy PAXG, it will appear in your “Funds”.
- Withdrawals — You will be able to withdraw PAXG to your Binance wallet one day after the listing.
Don’t worry, you’ll be able to deposit/withdraw PAXG from other wallets very soon. Read more about the Rapid Listing Initiative here.
- Monday, 17th May: AMA with Carl Vogel, Paxos Global. Learn everything about PAXG and win total prizes of $150.
- Tuesday, 18th May: YouTube Live between Pareen Lathia, WazirX, and Carl Vogel, Paxos Global.
- Wednesday, 19th May: Quiz in our Telegram group with prizes of $300. Show off your PAXG knowledge in a fun quiz session and win.
- Thursday, 20th May: Trivia contest on WazirX Instagram page with prizes of $50. Learn interesting trivia about PAXG and win.
- Monday, 24th May — Wednesday, 26th May: 48-hour long Highest Trader Kaun Marathon with prizes of ₹7,20,000 ($9,000) worth PAXG for top 150 traders.
- Monday, 31st May — Wednesday, 2nd June: 48-hour long Highest Trader Kaun Marathon with prizes of ₹7,20,000 ($9,000) worth PAXG for top 150 traders.
Participate in a live AMA with Carl Vogel, Paxos Global, to learn everything about PAXG.
When: Monday, 17th May, 5 PM IST
How to participate:
Part 1: We will ask 10 questions (crowdsourced from our Twitter followers) about PAXG to Carl
Part 2: At the end, we will unmute the group for 10 minutes where you can ask your questions live to Carl. They’ll try to answer as many questions as they can.
$100 for top 10 questions selected from Twitter
$50 for top 5 live questions from Telegram group
We are hosting a fun quiz session about PAXG. Show off your PAXG knowledge and win prizes.
When: Wednesday, 19th May, 6 PM IST
How to participate?
- Join WazirX Telegram group: t.me/wazirx_discuss
- There will be a total of 10 questions
- Choose the correct answer
1st prize: $50
2nd – 5th prize: $25 each
6th – 20th prize: $10 each
You think you know enough about PAXG? Find out in our PAXG trivia contest!
When: Thursday, 20th May, 12 PM IST
How to participate:
- Follow us on Instagram: instagram.com/wazirx
- We’ll share 5 questions on Instagram Story
- Choose the correct answer
For every question, one lucky winner from all the correct answers will win 0.0054 PAXG.
Highest Trader Kaun Marathon: PAXG/INR
Get ready for Highest Trader Kaun Marathon with double the fun & double the prizes!
What’s new in the contest?
- We are running two Highest Trader Kaun Marathon contests.
- Each contest will be non-stop for 48 hours.
- Yes, you can participate in any or both contests any time between the contest duration.
- For each contest, total prize is of ₹7,20,000 (~ $9,000 USD) worth PAXG. You can win prizes based on your trading performance for the entire 48-hour long trading contest marathons!
Contest 1 timing: Monday, 24th May, 9 AM — Wednesday, 26th May, 9 AM IST
Contest 2 timing: Monday, 31st May, 9 AM — Wednesday, 2nd June, 9 AM IST
What are the prizes?
|Trader Rank||Prizes/Person (PAXG)||INR Worth|
|4 – 10||0.1457||21,600|
|11 – 20||0.0728||10,800|
|21 – 30||0.0389||5,760|
|31 – 40||0.0243||3,600|
|41 – 50||0.0146||2,160|
|51 – 100||0.0097||1,440|
|101 – 150||0.0049||720|
PAX Gold (PAXG) is a digital asset issued by Paxos. Each PAXG token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. Users that own PAXG will also own the underlying physical gold, held in custody by Paxos Trust Company.
- Trading Price (past 24 hr): $1,855.55 USD
- Global Market Cap (past 24 hr): $112,211,003 USD
- Global Trading Volume (past 24 hr): $32,746,066 USD
- Circulating Supply: 60,161.00 PAXG
Happy Trading! ?
Note: For the entire giveaway, PAXG price will be considered at $1,855.55, i.e., ₹1,48,258.44 and all prizes will be distributed by 11th June 2021.
Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.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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