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Bantu Trading Competition: $10,000 prize!
Bantu Trading Competition: $10,000 prize!

The more you trade $XBN, the bigger the prize!

M
Written by Mia Lee
Updated over a week ago

We are excited to announce that FMFW.io is partnering again with BANTU to host another thrilling Trading Competition for a total prize of $10,000! 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 January 20th at 00:01 UTC and runs until January 27th, 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. $1500 XBN

2. $725 XBN

3. $500 XBN

4. $450 XBN

5. $400 XBN

6. $350 XBN

7. $325 XBN

8. $300 XBN

9. $275 XBN

10. $250 XBN

11. $225 XBN

12. $200 XBN

13 - 15. $175 XBN

16 - 20. $150 XBN

21 - 25. $125 XBN

26 - 35. $100 XBN

36 - 45. $75 XBN

46 - 55. $50 XBN

56 - 65. $25 XBN

66 - 75. $10 XBN

Terms and conditions apply

About Bantu

The Bantu Blockchain Foundation (BBF) is a non-profit entity that develops blockchain-based and Africa-led financial inclusion solutions to serve the continent's unique problems and challenges.

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).

  1. 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.

  2. The trading competition runs between January 19th at 00:01 UTC and January 27th, 23:59 UTC, ("Promotion Period").

  3. Participation in the $10,000 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.

  4. 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.

  5. 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.

  6. The $10,000 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.

  7. 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".

  8. 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".

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