Skip to main content

Round 2 of Simulated Alpha Testing and Reward program of WazirX!

By February 27, 20184 minute read

Namaste everyone! We’re ready for round 2, are you!?

This time we have the WazirX Web app as well! So finally, round 2 will allow you to trade on Web, Android as well as iOS. We can now say WazirX is everywhere 💪

While the last round rewarded those who did maximum trade, in this round the reward would be for those holding maximum of either INR/BTC/LTC/DASH at the end of the trading session.

Test Trade time: 28th Feb, 9PM to 11PM IST

Reward structure

Rewards would be for the traders who hold the maximum INR or Crypto at the end of the trading session. We will be randomly providing you with either INR or one of the crypto. You can then decide and strategize your trades such that you win in one of the categories.

Qualification: You need to perform a minimum of 20 completed orders in order to qualify.

A completed order is an order which has been fully executed/filled and not just partially executed/filled. For eg — If you place an order for 5 LTCs @ INR 14,200 each — your order must fully execute and you must receive delivery of all 5 LTCs in your wallet. Only then will your order be considered completed and added to your order count for the rewards.

Qualification reward: 100 WRX coins

Top trader rewards

INR:

Those holding the highest amount of INR at the end of the trading session.

  1. Position 1: 10,000 WRX
  2. Position 2 & 3: 5,000 WRX each
  3. Positions 4 to 10: 2,000 WRX each
  4. Positions 11 to 20: 500 WRX each

BTC:

Those holding the highest amount of BTC at the end of the trading session.

  1. Position 1: 10,000 WRX
  2. Positions 2 & 3: 5000 WRX each
  3. Positions 4 to 10: 2000 WRX each
  4. Positions 11 to 20: 500 WRX each

LTC:

Those holding the highest amount of LTC at the end of the trading session.

  1. Position 1: 10,000 WRX
  2. Positions 2 & 3: 5,000 WRX each
  3. Positions 4 to 10: 2,000 WRX each
  4. Positions 11 to 20: 500 WRX each

DASH:

Those holding the highest amount of DASH at the end of the trading session.

  1. Position 1: 10,000 WRX
  2. Positions 2 & 3: 5,000 WRX each
  3. Positions 4 to 10: 2,000 WRX each
  4. Positions 11 to 20: 500 WRX each

How to participate

  1. If you already have our test app from round 1: You would need to update the app from Testflight(iOS) or Playstore(Android) tomorrow at 5PM. We’ll notify you on Twitter and Telegram when exactly to update the apps.
  2. If you don’t have the Android app: If you don’t have our test app for Android then you can submit a request to be included in this form here — https://wazirx.typeform.com/to/UbDIcn We will stop accepting testing requests on this form at 12PM on Feb 28th (Update: Requests are now closed). Make sure you’re following us on Twitter or Telegram Channel because we will share the Android test link there.
  3. If you don’t have the iOS app: If you don’t have our test app for iOS then you can submit a request to be included in this form here — https://wazirx.typeform.com/to/UbDIcn We will stop accepting testing requests on this form at 12PM on Feb 28th (Update: Requests are now closed). You will receive an email with instructions on how to download the test app for iOS
  4. If you want to use the Web app: You just need to be following us on Twitter or our Telegram channel. We’ll post the web link tomorrow around 5PM so that you can participate.
  5. Only those users who have submitted their KYC before 7PM on 27th Feb would be eligible for this round.

Notes

  1. We will be crediting each of your account with dummy INR/BTC/LTC/DASH values before testing starts.
  2. Withdrawal and Deposit functions will be disabled as these are not real INR/BTC/LTC/DASH.
  3. Any trades performed after 11PM won’t be considered as part of reward decisions.
  4. You must complete 20 trades to qualify for the Reward Program. If you have the highest INR/BTC/LTC/DASH but do not complete 20 trades, you will not qualify for the rewards.
  5. Remember, this is just a test phase with all data being test data and all trades being test trades.
  6. Our support team may not respond immediately but we’ll collect all the feedback and fix them for the next test phase. If for any reason, we realize that testing is not possible due to major bugs then we will suspend this test phase in between and announce the same in the WazirX telegram channel. We will then re-run this test next week.
  7. Since this is a test, things may go wrong for a small subset of users. While we try to avoid such scenarios, it’s hard to guarantee this in the alpha phase. We apologize in advance, however, there’s not much we’ll be able to do to fix such edge cases during the testing phase.

Bug reporting

Shake the device to capture screenshot of the app where the problem is and then proceed further to share that bug with us.

All the best and may the sharpest trader win.

Jai Hind!

Nischal Shetty, CEO — WazirX. On a mission to involve every Indian in the blockchain revolution! Follow me on Twitter

*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.
Participate in the Indian Crypto Movement. Share:

Leave a Reply

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.