MXC will list Cashaa (CAS) on the innovation board, and open trading for CAS/USDT pair. The specific timeline is as follow:
Trading: 20:00 (UTC+8), May 8
Withdrawal: 20:00 (UTC+8), May 10
Awards and Rules
To celebrate the listing of Cashaa, the project party of Cashaa will hold trading competition. Besides, new user bounty and CAS position prize are waiting for you. The details are shown below.
Activity period: 20:00, May 8 – 20:00, May 13 (UTC+8)
I. Trading Competition: prize pool 1,400,000 CAS
- Users whose trading volume no less than 40,000 CAS during the activity period can share 700,000 CAS in proportion to their trading volume respectively.
- In addition, the winners of the trading competition whose aggregate trading volume for major cryptos on MXC no less than 200 USDT during the activity period can share another 700,000 CAS in proportion to their major crypto’s trading volume respectively.
Note: The major cryptos are limited to BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, EOS, XTZ, XLM, HT, ADA, LINK, TRX, XMR, DASH, ETC against USDT spot pairs.
II.Holding CAS to Share 80,000 CAS
Users who have traded CAS during the activity period and have position no less than 10,000 CAS at the end of the activity (i.e. 20:00 (UTC+8), May 13) can share 80,000 CAS equally.
III. New User Prize: prize pool 500,000 CAS
Eligibility: Newly registered users passed KYC during the activity period are valid for the prize.
Rules: Eligible new users who has a trading volume no less than 5,000 CAS and trade any leveraged ETF products on MXC during the activity period can share 500,000 CAS in proportion to user’s total trading volume for CAS and ETF products.
- Trading volume = Buys + Sells
- All trading volume will be calculated into equivalent of USDT.
- The prize will be distributed to winner's account within 7 workdays.
- Wash trading and any cheating conduct are prohibited. Otherwise, MXC has the right to deprive the prize, even freeze the account.
- MXC reserves the right to cancel or amend the promotion and related rules at our sole discretion.
Cashaa is the largest crypto-friendly neo-bank based in the UK banking hundreds of crypto businesses. It is started in 2016, as a P2P cash transfer service from the UK to Asia and Africa (CashAA), using Bitcoin. In late 2017 Cashaa decided to solve the banking issue for the entire crypto industry. Now they are ready with a crypto-friendly banking platform for old and new money.
Cashaa (CAS) powers the Cashaa banking ecosystem. As the native coin of the Cashaa platform, CAS has multiple utilities such as application processing fees, set up fees, discounted international wire, exchange fees, transaction fees and access to crypto friendly banking services restricted only for its holders.
(The data below is provided by the project party. It is for reference only.)
Token type: BEP2 token
Total Supply: 1 billion
Private sale or not: Yes
Private sale price: 0.02 USD
Project official website: https://cashaa.com/
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high quality coins, but will not be responsible for your investment losses.
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Enjoying your trade on MXC.
The MXC team
May 7, 2020