To kick off our first listing as FMFW.io the right way, we’re hosting a trading competition with a $25,000 CSOV Prize pool in collaboration with the team at Crown Sterling.
The competition will start on October 7th at 0:01 UTC and run for 13 days until October 20th at 23:59 UTC. Throughout the competition, we’ll track all trades of the CSOV pair, and the top 75 traders with the highest trading volume will share the prize pool in the following manner.
1. $3,500 in CSOV
2. $2,500 in CSOV
3. $1,250 in CSOV
4. $1,000 in CSOV
5. $900 in CSOV
6. $850 in CSOV
7. $800 in CSOV
8. $750 in CSOV
9. $700 in CSOV
10. $650 in CSOV
11. - 15. $500 in CSOV
16. - 21. $400 in CSOV
22. - 30. $300 in CSOV
31. - 40. $200 in CSOV
41. - 50. $100 in CSOV
51. - 60. $75 in CSOV
61. - 75. $50 in CSOV
To join, simply head to our competition page, sign in to your exchange account and click “Join now”. Your name will automatically appear on the leaderboard.
Terms and conditions apply.
CSOV is the native token of the Crown Sovereign blockchain, a tokenized ecosystem that enables users to maintain their data sovereignty through advanced encryption techniques. Build on a substrate of Polkadot, Crown Sovereign is looking to lead the future of self-sovereign blockchain and nft tech. You can learn more about them on our blog or their website.
Terms and Conditions
“Trading Volume” is defined as the sum of a trader’s total buys and sells (excluding wash trades) of CSOV/USDT trading pairs on FMFW.io. We calculate Trading Volume in the following way: Trading Volume = Sum (executed buys of CSOV/USDT pair ) + Sum (executed sells of CSOV/USDT pair).
Winning traders will be notified by email and rewards will be deposited to their FMFW.io CSOV wallets within 3 weeks after the end of the promotion period.
The trading competition runs for 13 days from Friday, October 7th at 0:01 UTC until Wednesday, October 20th, at 23:59 UTC.
Participation in the $25,000 CSOV 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 might not be adjusted.
FMFW.io will use the ad hoc average daily closing prices of the CSOV/USDT trading pair during the competition period as the CSOV/USDT exchange rate for CSOV distribution. For an explanation of the calculation of the ad-hoc average daily closing rate, refer to this article.
The $25,000 CSOV Trading Competition is hosted by FMFW Ltd ( “FMFW.io”) and the terms and conditions of this competition form part of the User Agreement. FMFW.io reserves the right to cancel it or amend its terms or conditions unilaterally without prior notification. All existing terms and conditions on the FMFW.io Exchange website are applicable to this CSOV 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´s decision is final and binding”.