We are excited to announce that we celebrate Bantu listing on FMFW.io by organizing a trading competition! XBN is a coin of Bantu, a non-profit entity that develops blockchain-based and Africa-led financial inclusion solutions to serve the continent's unique problems and challenges.
The top 75 traders with the highest trading volume will be sharing the prize pool. The competition starts on 21st December at 00:01 UTC and runs until December 31st, 23:59 UTC.
You can join by simply going to our competition page, clicking the apply now button, and registering for it. Your trading volume will then automatically be tallied.
Prizes will be awarded in the following manner:
1. $3,000 XBN
2. $1,450 XBN
3. $1,000 XBN
4. $900 XBN
5. $800 XBN
6. $700 XBN
7. $650 XBN
8. $600 XBN
9. $550 XBN
10. $500 XBN
11. $450 XBN
12. $400 XBN
13 - 15. $350 XBN
16 - 20. $300 XBN
21 - 25. $250 XBN
26 - 35. $200 XBN
36 - 45. $150 XBN
46 - 55. $100 XBN
56 - 65. $50 XBN
66 - 75. $20 XBN
Terms and conditions apply
About Bantu
The Bantu Blockchain Foundation (BBF) is a non-profit entity that develops blockchain-based and Africa-led.
The springboard to the world for Bantu blockchain as a blockchain technology seeks to re-orientate Africa and its people towards a new technology aligned with the spirit of sharing and equality.
The foundation currently focuses on the African markets, catering to the unbanked and underbanked. It also maintains the source code for the blockchain and acts as a governance body for its ecosystem of users.
Terms and Conditions
"Trading Volume" is defined as the sum of a trader's total buys and sells (excluding wash trades) of XBN/USDT trading pairs on FMFW.io Exchange. We calculate Trading Volume in the following way: Trading Volume = Sum (executed buys of XBN/USDT pair) + Sum (executed sells of XBN/USDT pair).
Winning traders will be notified by email, and rewards will be deposited to their FMFW.io Exchange wallets within 3 weeks after the end of the Promotion Period.
The trading competition runs between November 24th at 00:01 UTC and December 4th, 23:59 UTC ("Promotion Period").
Participation in the $20,000 XBN Trading Competition is limited to one trader account per legal or natural person. Persons found to have competed with more than one trader account will be disqualified from the competition.
Please note in the event of disqualification of any participants due to a breach of the terms and conditions of the trading competition, the leaderboard ranking may not be adjusted.
FMFW.io Exchange will use the ad hoc average daily closing prices of the XBN/USDT trading pair during the competition period as the XBN/USDT exchange rate for XBN distribution. For an explanation of the calculation of the ad-hoc average daily closing rate, refer to this article.
The $20,000 XBN Trading Competition is hosted by FMFW Ltd. The terms and conditions of this competition form part of the User Agreement. The FMFW.io Exchange reserves the right to cancel the XBN Trading Competition or amend its terms or conditions unilaterally without prior notification. All existing terms and conditions on the FMFW.io Exchange website apply to this XBN Trading Competition.
By participating, you confirm the following: "I accept that performing wash trades and using multiple accounts during one trading competition will lead to my being excluded from the competition. FMFW.io Exchanges's decision is final and binding".
By participating, you confirm the following: "I accept that performing wash trades and using multiple accounts during one trading competition will lead to my being excluded from the competition. FMFW.io Exchanges's decision is final and binding".
