Bitpanda announces the addition of Avalanche's AVAX to its platform, accompanied by a trading contest!
In the world of cryptocurrency, a new opportunity has arisen for traders. Avalanche, a scalable, adaptable, secure, and decentralized blockchain platform, is hosting an AVAX trading competition on Bitpanda.
Launched in 2018 by computer science experts Emin Gün Sirer, Kevin Sekniqi, and Maofan Yin from Cornell University in New York, Avalanche is built on Avalanche Consensus, a novel approach to consensus introduced in the same year. The project has attracted leading investors, including Andreessen Horowitz, Initialized Capital, Galaxy Digital, Polychain Capital, Bitmain, Naval Ravikant, and Balaji Srinivasan.
The competition, starting at 12:00 PM CET on the 10th of February, 2021 and ending at 11:59 AM CET on the 17th of February, 2021, offers an exciting chance for traders to win prizes. The trader ranked in first place with the highest total amount of AVAX purchased will receive €1,000 in AVAX. The traders ranked 2nd to 5th place will each receive €500 in AVAX, and the traders ranked 6th to 10th will each receive €400 in AVAX.
But that's not all! 25 randomly selected traders (outside of the winners from the prizes listed above) who meet certain conditions will receive €200 worth of Bitcoin (BTC) each. The winners will be credited within one week to their Bitpanda AVAX wallets.
Please note that the residents of the Republic of Turkey are excluded from being selected as VIP winners due to legal requirements. For more details about the competition, including terms and conditions, please visit the Bitpanda website.
Avalanche's native token, AVAX, is used for fees, network security through staking, and as a basic account unit between subnetworks. The public sale of AVAX raised $42M in just 4.5 hours, and Avalanche finalizes transactions instantly while having fees that are a fraction of those on Ethereum.
For more information about Avalanche (AVAX), please visit their official website. Join the competition and take a step towards the future of blockchain technology!
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