Home Knowledge base CAS Token Community Activities CAS Binance DEX Trading Competition – 2,000,000 CAS in 21 Days

    • Total Rewards Budget: 2,000,000 CAS
    • Duration: 3 weeks (21 days)
    • Requirements: Daily volume greater than 35,000 CAS on a minimum of 5 days a week, weekly volume of minimum 210,000 CAS, and a minimum holding of 5,000 CAS
    • Realtime leaderboard: Click here

 

Our much-awaited CAS trading on Binance DEX started on 18 July, and we are going to start a trading competition to increase awareness and attract new traders and community members. 

 

About Cashaa and CAS Token

Cashaa, a UK-based banking services platform, is enabling businesses to open a bank account in currencies like GBP, EURO, and USD. Cashaa went live with UK current accounts with limits up to 1 Billion GBP of incoming funds through its FCA regulated partners. In less than 100 days after the platform went online, 562 businesses have registered on the platform to leave their existing traditional banks and to be onboarded with us. 

Cashaa Token (CAS) powers the Cashaa Banking ecosystem. For business users, it provides a 50% discount on onboarding fees, up to 75 % discount on exchange fees, and account limits of up to 1 Billion GBP per account. It also gives access to free services to those with an average account balance of 100,000 CAS/month. Personal users can stake CAS to get free banking services with Mastercard and up to 50 % discount on exchange fees. Cashaa personal users also get a quarterly bonus from the CAS collected from the 25% of revenue generated by the company. Know more.

 

Why CAS Trading Competition?

One of the major goals of our trading competition is to participate in the Binance BEP-2 Community listing campaign and promote the project among new traders who are unknown of Cashaa. All the projects listed on Binance DEX with $50K+ daily volume may take a chance to be listed on Binance.com. Based on the feedback from this competition we will start new or extended this competition on 20th August 2019.

 

Eligibility Criteria: 

  1. The minimum holding of 5000 CAS is a must at the address.
  2. Daily volume is greater than 35,000 CAS

 

Trading Competition: Terms & Conditions:

  1. Duration: 21 Days from 2019/07/29 0:00 AM (UTC) to 2019/08/19 0:00 AM (UTC).
  2. Total rewards budget: 2,000,000 CAS.
  3. Participants must hold a minimum of 5,000 CAS in wallet throughout the competition period.
  4. Minimum 35,000 CAS trading volume per day.
  5. Buy volume must be net positive of sell volume at a minimum of 5,000 CAS token per day.
  6. The recorded trading volume on each address will reset daily at 0:00 AM.
  7. CAS balances for each day will be recorded randomly during the competition day.
  8. Each full-day refers from 0:00 AM to 23:59:59 PM of the next day (24 hours).
  9. Trading volume refers to total buys and sells.
  10. Minimum eligible CAS buy/sell orders must be 100+ CAS per order. Anything less is ineligible. ONLY 100+ CAS buy/sell orders will be considered to the daily volume calculation.
  11. Cashaa reserves the right to disqualify wallet addresses for trades which are wash trades or display market manipulation. Additionally, wash trading between some same accounts will be excluded from the volume.
  12. The reward will be distributed within 48 hrs of each weekend.
  13. Cashaa reserves the right to cancel or amend the competition or competition rules at its sole discretion. Also, Cashaa reserves the right of final decision in the case of disputes.

Traders Reward:

Position Weekly Reward
1st Trader 100,000 CAS 
2nd Trader 60,000 CAS 
3rd Trader 40,000 CAS
4th-10th Trader 20,000 CAS
From 11th rank onwards, share a pool of 346,000/week, with a maximum of 5,000 CAS for each trader.

First week: 29th July 00:00:00 UTC –  5th August 23:59:59 UTC

 

Second Week: 8th August 00:00:00 UTC – 14th August 23:59:59 UTC

Third Week: 15th August 00:00:00 UTC – 22nd August 23:59:59 UTC

Useful Links

How to swap ERC20 CAS to BEP2 CAS

Read more about CAS token

Join Offical Telegram channel

Join the Community Telegram Group

 

Cashaa reserves the right to cancel or amend the Competition or Competition Rules at our sole discretion. Risk warning: All investments are subject to high market risk. Please make your investments very cautiously.

 

The Cashaa Team

Leave a Reply