April 13, 2020 – Vaduz, Liechtenstein: LCX, the Liechtenstein Cryptoassets Exchange, has launched its second trading competition that will be conducted for 15 days on the LCX Terminal with a total prize pool of 500,000 LCX Tokens.
Participants will trade and compete against one another in the hunt for 500,000 LCX tokens in the total prize pool. The trading competition will see participants exercise their trading mastery in an attempt to place among the top 75 traders based on two categories i.e Number of Trades and Trading Volume. The top 3 winners in each category will get 100,000; 50,000 and 25,000 LCX tokens respectively while the next top 75 participants will get 1,000 LCX tokens each.
For participants to qualify and become eligible for the prize pool, they are obliged to fulfill the minimum requirements for the competition in each of the category they are competing in, which is
Minimum 10 trades for Number of Trades
Minimum 100 USD trading volume for Trading Volume
The contest starts at 3:00 pm CET 15 April 2020 and will end at the same time on 30 April 2020. During these 15 days, anyone can participate in the competition. Each of the participants can see their own ranks in the leaderboard section of the LCX terminal. The result of this competition will be out on 1st May 2020.
Join the competition at https://terminal.lcx.com/contest
LCX is building a financial ecosystem for crypto and fiat alike to become the new category leader in the blockchain industry. LCX’s platform has seen a recent jump in registrations while usage of LCX Terminal has been growing constantly. LCX aims to launch a licensed security token exchange as a marketplace for regulated digital assets.
LCX AG, the legal entity behind LCX.com, was founded in 2018 and has a registered share capital of 1 Million CHF. The company is headquartered in Liechtenstein, a country that’s part of the European Economic Area (EEA), and has offices in Switzerland and India. Liechtenstein introduced the Blockchain Act, aka the Token and Trustworthy Technology Service Providers Act (TVTG), which clearly defines and provides a regulatory framework for blockchain companies such as LCX.
While LCX is a tech company at its core, it also balances expertise in the sectors of crypto, blockchain, and banking. All team members have been at the forefront of innovation in these industries for many years and have led high growth companies in the past. The advisory board of LCX includes leading experts Don Tapscott (Author of Blockchain Revolution), Jimmy Wales (Founder of Wikipedia), Yat Siu (Animoca Brands), and others.