Popular exchange WazirX is partnering with Metal, the blockchain-based payment system, for a grand giveaway. The announcement comes in tandem with the decision to list Metal (MTL) on the WazirX platform. With the listing set to go live on December 21 2020, users will now be able to buy, sell, and trade MTL in the USDT market on WazirX.
WazirX users will now be able to deposit MTL their WazirX wallet from another wallet; buy, sell, and trade MTL in the USDT market; and withdraw MTL from their WazirX wallets.
WazirX has been particularly creative about this announcement, with a number of exciting events to accompany the listing on December 21. The Grand MTL Giveaway is all set to take place with several activities. Let us have a look.
The Grand MTL Giveaway: Everything you need to know
The Grand MTL Giveaway comes with four special events planned for WazirX users, spanning December 22-24, 2020. The events include an AMA with none other than the CEO of Metal, a trivia contest on the WazirX Instagram page, a Quiz Time with WazirX on the Telegram group, and a 36-hour long Highest Trader Kaun Marathon.
#1 AMA with Marshall Hayner
The Grand MTL Giveaway is all set to kick off with the AMA with Marshall Hayner, the CEO of Metal. The event serves as a great opportunity to interact with the Metal CEO and learn everything about MTL while still winning rewards for the same.
With his decade of experience in cryptocurrency and blockchain, the interaction with Marshal Hayner will be insightful and a great learning experience. Having founded several blockchain and cryptocurrency startups such as Stellar in 2014 and, of course, Metal in 2016, Hayner is a decisive pioneer in his field.
- The Event
Tuesday, December 22, 2020, 10 AM IST
Total prizes of $150
#2 MTL Trivia Contest
For all the trivia lovers out there, here is the perfect chance to be a part of a fun event and win exciting rewards. All you need to do is select the right answers on the Instagram stories posted by WazirX on the respective day and time. One lucky winner will be awarded for every correct answer. A total of three questions will be shared on the Instagram story at intervals of three minutes.
- The Event
Tuesday, December 22, 2020, 12 PM IST
For each question, One lucky winner from all the correct answers will receive 27.77 MTL
#3 Quiz Time with WazirX
Quiz Time with WazirX provides yet another amazing opportunity to crypto enthusiasts to put their knowledge to the test. The questions will be centred around MTL and there are exciting prizes in store for the winners.
- The Event
Tuesday, December 22, 2020, 6 PM IST
With a first prize worth $100, the 2nd-5th position prize would be $50, followed by $20 for 6th to 10th positions and $10 for the 11th to 20th positions.
#4 Highest Trader Kaun Marathon
Crypto trading enthusiasts have a 36-hour long trading marathon in store for them, this time with a new format and bigger prizes. The Highest Trader Kaun Marathon will be the longest and final event of the Grand MTL Giveaway, spreading across two days.
- The Event
Wednesday, December 22 2020, 9 AM IST to Thursday, December 24, 9 PM IST
Total prizes worth 11,35,000 INR. Check here for more details.
Metal is a blockchain-based payment that rewards users for converting fiat currency into cryptocurrency. It uses the Proof of Processed Payments method to identify users and also offers a prepaid debit card service which enables users to pay with crypto in many day-to-day situations.
The token of the platform is MTL, which runs on the Ethereum blockchain and is awarded to users when they make transactions in any currency and can also be used as a payment method.
Win-Win for Metal and WazirX
The listing of MTL on WazirX makes it more visible to the Indian crypto community. The Grand MTL Giveaway is likely to create a lot of awareness regarding the token as well as the platform. And of course, WazirX continues to leverage its position as a popular exchange to generate even more buzz, especially amongst MTL fans.