On the cryptocurrency exchange Waves DEX an international competition for traders will be held

Waves , one of the leading players in the blockchain market and the pioneer of Web 3.0, is the general sponsor of the World Series trading tournament (WSOC) , which will be held on the Waves DEX exchange soon. Participation in the competition is free, and the prize to the winner will be up to 5,000 WAVES!

“The WSOC platform specializes in trading contests and invites all exchanges and the crypto community as a whole to participate in them ,” comments Alexander Ivanov , founder and CEO of Waves.

“We are convinced that choosing Waves DEX as the venue for the WSOC tournament will ensure its full transparency and security. May the strongest win! ”

Registration will open on May 23 and will continue until June 12. The tournament itself will begin at 14:00 Moscow time (UTC +3) on June 13 and will end at 14:00 Moscow time (UTC +3) on June 20. To register, participants will need the installed Waves Keeper extension and Telegram account.

Participation in the competition is absolutely free. Each participant will receive demo tokens in the amount of 100,000 dUSD (demo dollars) as an initial balance. The competition will be held exclusively on the Waves DEX exchange with the use of five pairs of demo-tokens and will be extremely reliable, decentralized and transparent. All participants with a final balance of over 100,000 dUSD will be included in the prize pool.

Contest rules :

• The contest takes place exclusively at Waves DEX.

• Trading is possible with smart assets (dWAVES, dBTC and dETH) in the following pairs: dWAVES / dBTC, dWAVES / dUSD, dBTC / dUSD, dETH / dUSD, dETH / dBTC.

• Traders have seven days to show their skills and get the maximum profit.

• Allowed to use trading bots.

• The prize fund will be divided among the most successful traders.

The establishment of other assets and the withdrawal of demo tokens is prohibited. Statistics of all traders will be visible on the WSOC main page.

Personal statistics will be available in the profile of each trader. It can also be seen using the filters on the main page. Transaction commission is paid from the user's balance in WAVES.

Winners

At the end of the competition, the demo tokens of all participants will be frozen, and the balance will be transferred to dUSD at a spot price. All traders with a balance of over 100,000 will receive part of the prize fund. The pool of winners will be published in the Achievements section of the main page of the WSOC website.

The prize fund is distributed as follows :

• 1st place: 5 000 WAVES

• 2 place: 3 000 WAVES

• 3rd place: 2 000 WAVES

• Another 3,000 WAVES will be divided among the other participants who made a profit in proportion to this profit.

You can get more information and apply for participation through the official WSOC website .

O waves

Waves belongs to the world leaders in the blockchain industry and is one of the pioneers of Web 3.0. Since its founding in 2016, the Waves mission has been to build a blockchain ecosystem that allows us to solve real problems in various fields.

The Waves team is developing tools to create a segment of decentralized technology, which will be the basis of Web 3.0 – the digital landscape of the future. Waves provides everything you need for backend development of Web 3.0 services, including an intuitive and user-friendly UX for end users, including IDE, code plugins, nodes, oracle manager, API interfaces (DEX, Data Services, Node, Auth, Payment, Waves Keeper), libraries and explorer (testnet, mainnet, PyWaves).

Also, the Waves team developed RIDE , a special programming language for creating smart contracts and decentralized applications on the blockchain platform.

In April 2017, the decentralized DEX exchange, a fast and secure tool for trading popular cryptocurrencies, was successfully launched. At the end of 2017, the Waves-NG protocol was activated, providing unprecedented bandwidth, while the validation of each transaction takes no more than a few seconds. In March 2019, the RIDE programming language for dApps was updated, allowing developers to create full-fledged applications for Web 3.0 on the Waves blockchain.

Publication date 23/05/2019
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