Following its launch on the world’s largest decentralised exchange (DEX), Uniswap, we are excited to announce that TLOS ERC-20 will be shortly arriving on its first centralised exchange (CEX), MXC. This listing is part of a broader strategy to create more utility for ERC-20 TLOS, integrate TLOS with new and divergent ecosystems, and introduce the Telos blockchain to new communities.
Established in April 2018, and ranked in the top 15% of digital exchanges, MXC Exchange is one of the world’s leading digital-asset trading platforms and is based in Singapore. Users can take part in a broad range of trading activities, including spot, margin, leveraged ETF and contract trading services, as well as PoS staking service. According to coinranking.com, current trading volumes are $382.36 million, and there are over 419 active markets.
Since its establishment, MXC has successively applied for compliance licenses in 5 countries including Switzerland, Canada, Australia, and the United States. Users are distributed in English, Russian, Korean, Portuguese, Turkish, Vietnamese, Hindi, Malay, India, Africa and other language areas or countries. MXC gained bourgeoning growth in 2019, which accounted for 5% of global digital-asset market. It was awarded by professional blockchain medias the titles of “The Most Popular Trading Platform” and one of the “Best Trading Platforms”.
Initially, only ERC20 TLOS will be tradeable on MXC, however, there are plans to integrate native TLOS too. Trading will open on March 23rd, at 11:00 UTC and the pair will be TLOS/USDT. Deposit and withdrawals of TLOS are open from today.
To celebrate the launch of TLOS on MXC, there will be a number of contests and activities for the trading community to take part in. Here are all the details:
TLOS Deposit and Trading Competition – A total of 150,000 TLOS to be won
Direct link to the exchange: https://www.mxc.com/
TLOS Deposit Contest – 50,000 TLOS to be won
Activity period: 10:00, March 22 – 16:00, March 26 (UTC)
Rules and awards:
To be eligible to claim from the 50,000 TLOS prize pool for this activity, deposit TLOS from other exchanges or wallets to MXC with a net deposit amount of no less than 500 TLOS. The prize details are as follows:
Users whose Cumulative Minimum Net Deposit Vol. (TLOS) is no less than 500 TLOS are eligible to share 15,000 TLOS in proportion to the users’ Cumulative Minimum Net Deposit Vol.; Users whose Cumulative Minimum Net Deposit Vol. (TLOS) is no less than 1,000 TLOS are eligible to share 35,000 TLOS in proportion to the users’ Cumulative Minimum Net Deposit Vol.
TLOS Trading Contest – 100,000 TLOS to be Won
Activity period: 11:00, March 23 – 16:00, March 28 (UTC)
1) Leader Prize
Users who trade TLOS during the activity period will be ranked based on their trading volume. The top 10 users with the largest trading volume (meeting min. trading volume requirement) can share 84,000 TLOS prize pools.
2) Participation Prize
All TLOS traders with min. trading volume of 1,000 TLOS are eligible to share 16,000 TLOS TLOS prize pool in proportion to their trading volume respectively.
- The reward will be distributed within 7 days after the activity ends, users can check it in [D/W History] – [Other records].
- Net deposit = Deposit – Withdrawal; Valid Trading Volume = Buys + Sells. Transfer amount between accounts will be excluded.
- Users participating in this event must complete the required KYC verification before the end of the event to be deemed eligible to claim the rewards.
- Wash trading and any cheating conduct are prohibited. Otherwise, MXC has the right to deprive the prize, even freeze the account.
Happy trading, Telosians!