We are excited to announce your favorite community campaign is back at FMFW.io exchange! Together with the Bantu team we’re organizing a trading competition for $25,000 XBN!
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 50 traders with the highest trading volume will be sharing the prize pool. The competition starts on 29 March and runs until April 9th, 00:01 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 - $7,500 XBN
#2 - $4,500 XBN
#3 - $2,500 XBN
#4 - $1,500 XBN
#5 - $1,250 XBN
#6-10 $500 XBN
#11-15 $250 XBN
#16-20 $200 XBN
#21-30 $150 XBN
#31-40 $100 XBN
#41-50 $50 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 March 29th and April 9th, 00:01 UTC ("Promotion Period").
Participation in the $25,000 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 $25,000 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.
