WazirX, one of India’s largest cryptocurrency exchanges listed Vite in USDT and INR on 16th September. WazirX also partners with Vite for a grand giveaway of $30,650 worth of VITE.
Listing of VITE 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 – Vite (VITE) Giveaway
The total amount of giveaway is $30,650 worth of VITE, users can participate in various contests to win. Let’s have a look at the various contests where you can participate:-
- 17th September: YouTube Live with Richard Yan.
- 20th September: AMA with Richard Yan and win total prizes of $250.
- 21st September: Trivia on WazirX Instagram page with prizes of $50.
- 21st September: Quiz in our Telegram group with prizes of $500.
- 23rd September: VITE Airdrop worth $9,850 for top WRX holders.
- 24th – 26th September: 48-hour long Highest Trader Kaun Marathon with prizes of ₹15,48,300 ($20,000) worth VITE for top 300 traders.
A live YouTube session with Richard Yan was done on 17th September, 6:30 PM IST where he discusses the VITE tokenomics.
AMA with Richard Yan
A live AMA with Richard Yan is scheduled for Monday, 20th September, at 6:30 PM IST. Here users can participate and won $250 worth of VITE tokens. Out of the total $150 is for the top 10 questions selected from Twitter while $100 is for the top 5 live questions from the Telegram group.
This event is scheduled for Tuesday, 21st 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 $10 worth of VITE.
This session is basically to show off your VITE knowledge and win prizes. This contest is scheduled for Tuesday, 21st 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: VITE/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 Friday, 24th September, 9 AM and will continue till Sunday, 26th September, 9 AM.
Users can participate in this contest any time between the contest period to win a total prize of ₹15,48,300 (~$20,000) worth VITE.
|Trader Rank||Prizes/ Person (VITE)||INR Worth|
|4 – 10||7,384.58||46,449|
|11 – 20||3,446.14||21,676|
|21 – 30||1,723.07||10,838|
|31 – 40||984.61||6,193|
|41 – 50||738.46||4,645|
|51 – 100||492.31||3,097|
|101 – 150||270.77||1,703|
|151 – 200||123.08||774|
|201 – 300||73.85||464|
The prizes will be based on the total VITE/INR traded volume in the 48-hour long trading contest marathon.
Note: For the entire giveaway, VITE price will be considered at $0.0813, i.e., ₹6.29 and all prizes will be distributed by 10th October 2021.
About Vite (VITE)
Vite is a DAG-based smart-contract platform for fast transactions. Vite operates a Directed Acyclic Graph (DAG)- based smart-contract platform that features “zero-fee transactions and optimizes for transaction speed, reliability, and security”.
The VITE token is used to initiate transactions and fuel smart contracts (similar to Ethereum’s gas). Additionally, VITE can be used to vote for (Snapshot) block producers.
At press time VITE is trading at $0.085 with a market cap of $41,570,522 as per data from CoinMarketCap. The total and circulating supply of VITE tokens is 1,021,464,196 and 488,893,085 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.