As you may have heard, Quadency recently partnered with the FastPass Network, a new industry initiative to empower traders all over the world. To celebrate, we've teamed up with our friends at Dash to bring you our biggest trading contest to date with over $7,000 in prizes!
Every trader will have up to 20 days to reach the highest trading volume they can to claim their share of the prize pool - as split below for the Top 20 traders between direct payouts in Dash and Quadency Unlimited subscription credits ($99/mo):
1st place Grand Prize: $1,600
-$1,000 USD in DASH
-6 Months of Quadency Unlimited
2nd to 5th place: $550
-$250 in DASH
-3 Months of Quadency Unlimited
6th to 10th place: $350
-$150 USD in DASH
-2 Months of Quadency Unlimited
11th to 20th place: $175
-$75 USD in DASH
-Month of Quadency Unlimited
ALL: 20 days of unlimited Dash bot volume
No matter what Quadency plan you're on, trade Dash with bots on any FastPass partner exchange with no volume restrictions during the contest.
How to Enter
- Connect your exchange acccounts and get Quadency Pro for Free - Liquid and KuCoin users are upgraded to Quadency Pro for free automatically. Trade on HitBTC or Coinbase Pro? Just Email Us for your one-time Pro discount code.
- Enter the competition and start trading - Enjoy unlimited volume when running bots on ANY supported Dash pair, but only Dash volume traded on FastPass exchanges Liquid, KuCoin, HitBTC and Coinbase Pro applies to your score.
- Get the edge you need for a Top Prize - in order to claim any of the Top 10 prizes, you must reach at least $5,000 in Dash trading volume with Quadency's market making bots. Learn more below.
Become a Market Maker for the Win
"Market Making" may sound intimidating, but is as simple as a lot of buying low and selling high at tight spreads. Makers are actually so important to market liquidity, they're rewarded with lower fees from exchanges and other perks depending on the assets they're trading.
Plus, Quadency's Market Maker bots make it so easy, you can quickly reach high trading volumes even with a low balance. For example, with just $200 in starting capital you could trade $5,000 in volume. (as required to claim top contest prizes)
What is the exact start and end of the contest?
This contest will formally begin at 12:00am UTC on November 18th and conclude at 11:59pm UTC on December 7th.
What is the deadline for entry?
You can enter the competition at any point prior to the end date/time listed above. But your trading activity will begin counting towards your score the later of your entry date and contest start date. So the sooner you enter, the higher your chances to win!
Which markets, exchanges qualify?
To find DASH trading pairs, go to the DASH coin profile and click "Markets." Note that only Dash volume realized on the following FastPass partner exchanges counts towards your score:
- Coinbase Pro
Are there any minimum volume requirements to claim prize?
Your score must be in the Top 20 of all participants to win. Both manual and automated trading volume applies, but to claim any of the Top 10 prizes, you must reach at least $5,000 in trading volume during the contest period using the Market Maker and/or Market Maker Plus bots. Learn more.
How is the score calculated?
Your score is based directly on qualifying trading volume as listed above.
The score can range from 0-100, and represents the proportion of your trading volume among the total trading volume from all contest participants. For example, if you traded $20,000 equivalent in volume, and the total volume is $100,000, your score will be 20.
How often is the score updated?
Scores are updated every 4 hours and you can see where you stand with a quick glance in the Contest Leader board. Please note that your score can go up or down, depending on your individual proportion of the total contest trading volume.
When will the payouts and free Unlimited upgrades be distributed?
Winners will be announced by December 10th, and will be contacted by December 15th to process all payouts and free Quadency account upgrades.
What if I already have an active Quadency Unlimited subscription?
If you place in the Top 20 and already have an Unlimited account, your subscription will be extended at no charge upon contest end.
Disclaimer: contents of this article are for general market education and commentary and are not intended to serve as financial, investment, or any other type of advice.