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WazirX and Stacks Partners for a Grand Giveaway of $26,900 worth of STX



WazirX and Stacks Partners for a Grand Giveaway

WazirX is back with another giveaway, this time it partners with Stacks for a grand giveaway of $26,900 worth of STX. WazirX listed Stacks on its platform on Wednesday, 8th September in the USDT market. It will soon be listed in the INR market as well.

Listing of STX on WazirX is under the rapid listing initiative where users are allowed to deposit and withdraw via WazirX <> Binance inter-wallet transfer option. Other wallets deposit/withdrawal will be enabled later.

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

WazirX – Stacks (STX) Giveaway

The total giveaway amount is $26,900 worth of STX, users can participate in various contests to win. Let’s have a look at the various contests where you can participate:-

Giveaway Schedule

  • Monday, 13th September: AMA with Saurabh Hasija & Abhijoy Sarkar and win total prizes of $150.
  • Tuesday, 14th September: YouTube Live with Trevor Owens, Managing Partner & Louise Ivan, Growth @Stacks Foundation.
  • Wednesday, 15th September: Trivia on WazirX Instagram page with prizes of $50.
  • Wednesday, 15th September:  Quiz in our Telegram group with prizes of $500.
  • Tuesday, 21st September— Thursday, 23rd September: 48-hour long Highest Trader Kaun Marathon with prizes of ₹15,66,000 ($20,000) worth STX for top 300 traders.

AMA with Saurabh & Abhijoy

A live AMA with Saurabh & Abhijoy was hosted on Monday, 13th September, at 5 PM IST. Here users participated and won $150 worth of STX tokens for the top questions selected.

Trivia Contest

This event is scheduled for Wednesday, 15th September, 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. For each correct answer, one lucky will win 7.6 STX.

STX Quiz

This session is basically to show off your STX knowledge and win prizes. This contest is scheduled for Wednesday, 15th September, 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:-

Highest Trader Kaun Marathon: STX/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 21st September, 9 PM IST and will continue till 23rd September, 9 PM IST.

Users can participate in this contest any time between the contest period to win a total prize of ₹15,66,000 (~$20,000) worth STX.

Trader RankPrizes/ Person (STX)INR Worth
4 – 10456.8746,980
11 – 20213.2121,924
21 – 30106.6010,962
31 – 4060.926,264
41 – 5045.694,698
51 – 10030.463,132
101 – 15016.751,723
151 – 2007.61783
201 – 3004.57470

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

Note: For the entire giveaway, STX price will be considered at $1.313, i.e., ₹102.83 and all prizes will be distributed by 7th October 2021.

About Stacks (STX)

Stacks is a layer-1 blockchain solution that is designed to bring smart contracts and decentralized applications (DApps) to Bitcoin.

It has properties such as built-in Privacy, where data in Stacks apps, such as photos, messages, health records, are encrypted by default. Apps will not be able to see, access, or track your activity. Stacks uses a hybrid consensus mechanism, which Stacks calls Proof-of-Transfer (“PoX”).

At press time STX is trading at $1.49 as per CoinMarketCap. The total and circulating supply for STX is 1.35B and 1.25B 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.