Connect with us

Altcoins News

WazirX and IoTeX Partners for a Grand Giveaway of $25,000 worth of IOTX



WazirX and IoTeX Partners for a Grand Giveaway of $25,000 worth of IOTX

WazirX, the leading cryptocurrency exchange of India is back with another grand giveaway. This time WazirX and IoTeX have partnered for a grand giveaway of $25,000 worth of IOTX tokens.

Users can win prizes by participating in various activities like AMA, Quizzes, Highest Trader Kaun Marathon and Trivia Contest.

WazirX – IoTeX (IOTX) Giveaway

Let’s have a look at the various contests in which users can take part and win prizes. The total giveaway amount is $25,000 worth IOTX which will be distributed among the winners of various contests.

Giveaway Schedule

  • Thursday, 26th August: AMA with Art Malkov, where you can learn everything about IOTX and win total prizes of $100.
  • Friday, 27th August: Trivia on WazirX Instagram page with prizes of $70.
  • Friday, 27th August: Quiz in Telegram group with prizes of $500.
  • Monday, 30th August: YouTube Live with Larry Pang, Head of Ecosystem. 
  • Monday, 30th August — Wednesday, 1st September: 48-hour long Highest Trader Kaun Marathon with prizes of ₹18,63,000 ($24,000) worth IOTX for top 300 traders.

AMA with Art Malkov

A live AMA with Art Malkov, Head of Growth at IoTeX was hosted on 26th August, 6 PM IST. Here users participated and won $100 worth of IOTX tokens for the top questions selected.


This session is basically to show off your IoTeX knowledge and win prizes. This contest is scheduled for Friday, 27th August, 6 PM IST on the official WazirX discuss Telegram channel.

In the Telegram channel, a total of 10 questions will be shared. Choose the correct answers quickly to stand a chance to win.

  • 1st prize: $100
  • 2nd – 5th prize: $50 each
  • 6th – 10th prize: $20 each
  • 11th – 20th prize: $10 each

The reading resources that will be useful for you are:-

Trivia Contest

This event is scheduled for Friday, 27th August, at 12 PM IST on the official WazirX Instagram page. A total of 5 questions will be shared on the Instagram story, choose the correct answer and win prizes.

Highest Trader Kaun Marathon: IOTX/INR

Like the previous marathon, WazirX this time too launched a non-stop 48-hour long highest trader kaun marathon. This trading contest will start from Monday, 30th August, 9 AM and will continue till Wednesday, 1st September, 9 AM.

Users can participate in this contest any time between the contest period to win a total prize of ₹18,63,000 (~$24,000) worth IOTX.

Trader RankPrizes/ Person (IOTX)INR Worth
4 – 109,098.1655890
11 – 204,245.8126082
21 – 302,122.9013041
31 – 401,213.097452
41 – 50909.825589
51 – 100606.543726
101 – 150333.602049
151 – 200151.64932
201 – 30090.98559

The prizes will be based on the total IOTX/INR traded volume in the 48-hour long trading contest marathon.

About IoTeX (IOTX)

IoTeX is a decentralized network for the Internet of Things powered by a Privacy-Centric blockchain.

IoTeX uses a Roll-Delegated-Proof-of-Stake (“Roll-DPoS”) consensus mechanism to deliver “higher scalability with instant finality, without sacrificing decentralization or security”.

IoTeX distinguishes itself with three main functionalities and service offerings:

  • Layer 2 chain as a service
  • Edge trusted computing
  • Cross-network interoperability

IOTX is the native token of the IoTeX network. The respective use-cases of IOTX include:-

  • Decentralized governance
  • Gas fees
  • Staking for Layer-2 chains.

At press time IOTX is trading at $0.0799 as per CoinMarketCap. The total and circulating supply for IOTX is 9.63B and 9.54B IOTX respectively.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.