Categories: EventsPublished On: April 27th, 20202.7 min read
Stably is partnering with Koinfox for a MEGA trading competition! 27th April 12:00 AM UTC to 3rd May 12:00 AM UTC
Up to 1000 USD worth of Stably USD (USDS) can be won.
Game A: Best Tradathon
Top 10 traders with the best trading volume (buys and sells) for the USDS/USDT pair will get 50 USDS each
Game B: Best Sprinter
Top 3profitable traders (ranked by return on investment) for the USDS/USDT pair will be rewarded as:
Champion: 250 USDS
1st Runner up: 150 USDS
2nd Runner up: 100 USDS
What so special in this competition?
Main specialty is the predictability of the USDS/USDT pair. As this is a stable coin pair, there is almost negligible chance of dump or loss to your capital. All you have to do is to employ your strategy to extract consistent profits even if it is 0.30% in each trade which can extracted 4–5 times a day easily as per chart. This will help you generate consistent trading volume as well as profits.
How to participate?
First Join telegram group of Stably and telegram channel of Koinfox
Now fill this Google form to submit your telegram id, twitter id and koinfox email address to become eligible for this competition
To Signup on Koinfox if you are new user and follow this video tutorial in English or in Hindi to link your Koinfox mobile app with Koinfox email account as well as Binance exchange with Koinfox Mobile App
If you are an existing user, simply Logon to Koinfox email account or open up your mobile app
Select USDS/USDT pair from USDS Markets of Binance
Start placing brackets and that’s it. Your participation will automatically be counted
Koinfox’s Secret to increase your Winning Chances
You must be wondering how will it be possible to generate maximum profits from a stable coin pair? Moreover why will someone sit whole day to scalp the pair multiple times for smaller profits? Koinfox team knew this and thats why our team has developed a special tool called Loop which is designed to work like magic in range bound markets like this.
Loop enables crypto traders to set buys and sells that execute automatically over and over again. You can now make money on charts you would otherwise not consider trading due to a lack of upward momentum in a completely hands-free manner.
Like this hack? Want to learn more how to use this tool to increase your chances of winning? Check this article explaining loop in detail.
Terms & Conditions
One has to trade on Binance using the Koinfox platform
Each individual can win Multiple prizes at different Games
After the event, Rewards will be distributed within 14 working days
Stably Team reserves the right to change any terms and make final decisions upon the Winners and Prizes during the competition
You can reach out to us via our online communities in Telegram!
Trading Competition Video Overview (English + Vietnamese Subtitles)
Stably is a US-based FinTech providing fiat onramp and stablecoin infrastructure to digital wallets, decentralized applications, Web3 projects, and blockchain development organizations. Our mission is to power the next billion Web3 users with a superior fiat <> crypto onramp to all popular and emerging blockchain ecosystems.
RISK DISCLAIMER: Digital assets involve significant risks, including (but not limited to) market volatility, cybercrime, regulatory changes, and technological challenges. Past performance is not indicative of future results. Digital assets are not insured by any government agency and holding digital assets could result in loss of value, including principal. Please conduct your own thorough research and understand potential risks before purchasing/holding digital assets. Nothing herein shall be considered legal or financial advice. For more information about the risks and considerations when using our services, please view our full disclaimer.
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DISCLAIMER: Stably Corporation (“Stably”) is a blockchain and financial technology service provider, not a bank, with a registered address at 16192 Coastal Hwy, Lewes, DE 19958, USA. Stably Trading LLC (“ST”), a wholly owned subsidiary of Stably, is a FinCEN-registered money service business (MSB) with registration number 31000251219597 and a registered address at 10 E Pearl Ave Suite 200, Jackson, WY 83001, USA. Stably’s fiat orchestration partner, Bridge Building Inc. (“Bridge”), is a FinCEN-registered MSB with registration number 31000252673675 and a registered address at 1501 Hillmon St, Austin, TX 78704, USA.
Blockchain-connected products and services offered by Stably and ST are built on top of Bridge’s infrastructure via manual and automated integrations, leveraging its financial services including but not limited to: fiat custody, funds processing, virtual currency exchange, convertible virtual currency (CVC) administration—as defined by FIN-2019-G001—plus Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance services. Bridge is not an FDIC-insured institution but it works with FDIC-insured banks to hold US dollars (USD).
Stably Ramp (“Stably Ramp”) is a non-custodial fiat-to-crypto on and off-ramp platform that enables a verified account holder (“User”) to mint/redeem stablecoins as well as buy/sell stablecoins and other digital assets using fiat and blockchain payment methods. Fiat payments are processed by Bridge and blockchain transactions may be processed by Bridge, Stably, ST, or LI.FI (“LI.FI”), a decentralized exchange and token bridge aggregator. Only Users whose identities and funding sources are verified by Stably, ST, and/or Bridge for compliance with its terms and policies, including BSA/AML programs, are allowed to mint/redeem or buy/sell stablecoins and digital assets with Stably Ramp. Deposits and disbursements to/from a Stably Ramp account to third parties other than the account User are prohibited.
Stably USD (also known as “Stably Dollar” or “USDS”) is a multichain stablecoin fully backed with liquid USD-denominated assets such as cash, cash equivalents, and/or stablecoins. The collateral assets are held by Bridge and/or ST for the benefit of verified USDS token holders, including white-label versions of USDS like VechainThor VeUSD. Bridge and/or ST are the CVC administrators of USDS and its white-label versions. USDS and its white-label versions are not FDIC-insured. Every USDS token, including its white-label versions, may be minted/redeemed 1-to-1 with USD or USDC according to Stably’s terms and policies, minus fees, through a Stably Ramp account.
Stably BTC (also known as “Stably Bridged Bitcoin” or “BTCS”) is a cross-chain Bitcoin (BTC) bridged token fully backed with BTC held by ST for the benefit of verified holders of natively-issued BTCS tokens. ST is the CVC administrator of BTCS. Every BTCS token may be minted or redeemed 1-to-1 with BTC according to Stably’s terms and policies, minus fees, through a Stably Ramp account.
Stably ETH (also known as “Stably Bridged Ethereum” or “ETHS”) is a cross-chain Ethereum (ETH) bridged token fully backed with ETH held by ST for the benefit of verified holders of natively-issued ETHS tokens. ST is the CVC administrator of ETHS. Every ETHS token may be minted or redeemed 1-to-1 with ETH according to Stably’s terms and policies, minus fees, through a Stably Ramp account.
Stably reserves the right to deny, suspend or terminate any User’s usage of Stably Ramp, BTCS, ETHS, USDS and its white-label versions, if Stably deems it advisable or necessary to comply with applicable laws or to eliminate practices that are not consistent with laws, rules, regulations, or best practices.
Digital assets involve significant risks, including (but not limited to) market volatility, cybercrime, regulatory changes, and technological challenges. Past performance is not indicative of future results. Digital assets are not insured by any government agency and holding digital assets could result in loss of value, including principal. Stablecoins (e.g., USDS, USDC) and bridged assets (e.g., BTCS, WBTC) involve additional risks, such as technical challenges, security vulnerabilities, reliance on third-party custodians, and dislocation of market prices relative to the underlying collaterals. Please conduct your own thorough research and understand potential risks before purchasing/holding digital assets. Nothing herein shall be considered legal or financial advice. For more information about the risks and considerations when using our services, please visit stably.io/terms-of-service.