One of many largest crypto exchanges in India, CoinDCX has introduced a particular partnership with decentralized blockchain utility community QTUM, and has chosen it because the ‘challenge of the week’.
Within the official tweet, the alternate additionally introduced a double reward on QTUM staking for brand spanking new customers of the platform.
Mission of the Week: QTUM (@qtum)
Earn 2X Rewards on QTUM Staking for all new joinees,
Learn extra in regards to the provide and our partnership right here:
➡️ https://t.co/j5IXsqXO6f#TryCrypto #QTUM #staking
— CoinDCX: India’s Largest Cryptocurrency Alternate (@CoinDCX) August 31, 2020
Based mostly out of Singapore, QTUM is without doubt one of the largest open supply dApp networks popping out of Asia, and it goals to bridge the void between the Bitcoin and Ethereum networks. Choice because the challenge of the week will assist QTUM to faucet into the crypto neighborhood in India.
The partnership with QTUM is a part of the collection of particular partnerships CoinDCX is participating in, and QTUM is certainly one of their first particular companions. Customers who register and stake their QTUM tokens on CoinDCX between August 31 to September 06 will likely be eligible for the double rewards. The rewards will likely be delivered on the finish of the month.
CoinDCX claims to be the most important and the most secure crypto buying and selling platform within the nation, with investments from Coinbase, BitMEX, and BainCapital. Aside from crypto staking, it additionally gives varied different choices like margin buying and selling, and futures buying and selling. By the ‘challenge of the week’ initiative, CoinDCX intends to give attention to premium initiatives to offer extra worth to its customers. By staking, customers additionally get a proper to take part in voting on proposed software program alterations, and are allowed to validate transactions.
The newly registered customers can both switch their tokens from an exterior supply, or purchase QTUM on CoinDCX to be eligible. Nonetheless, the utmost restrict for double rewards is capped at 500 QTUM, put up which they’ll obtain common rewards.