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Posts published in “News”

All updates related to latest developments in Crypto Currency

Opinion: Trading Competitions Do not Violate Competition Law

In this article I am strictly going to refute the claims made in the recent article by Crypto Kanoon titled “TRADING COMPETITIONS BY CRYPTO EXCHANGES VIOLATE COMPETITION LAW”. I get it, you cannot win these competitions easily, we already established it in our article Strategies used by Winners in Trading Competitions, but the claim that they violate competition law is something I cannot get my head around. So I wanted…

Ended: Trading Competition: ACT worth INR 25 lakhs

After a big trading competition by Koinex on IOST, Koinex is now back with another competition. This time it is ACT (Achain), and the winning prizes are a total worth of 25 Lakhs INR. ACT is quite a nice choice for a competition, the withdrawal fees are low, only 1 ACT on other exchanges and also Coindelta did a competition which was very successful. Winners get Trader who trades (Buy/Sell)…

Ended: Trading Competition: GNT Giveway upto INR 50000

Golem (GNT) has seen quite a few ups and down. The volume goes into millions on Zebpay and Koinex. Sometimes even on WazirX – on days of Highest trader competitions. So it must have been in the minds of the team at CoinDCX exchange as they have launched a trading competition for GNT. Winners get Trader who trades (Buy/Sell) for maximum volume of GNT tokens during the course of competition…

Ended: Trading Competition and Giveaways: Eight Lakh Worth of KEY tokens

KoinOk has listed selfkey (KEY) tokens on the exchange today with several giveaways including trading competitions Deposits are live now and trading starts at 6 PM today. There is a trading competition, Deposit Bonus and also a buying Bonus. KEY is trading at 50 Paisa per token at the time of this writing. Deposit Reward First 2000 Traders to deposit atleast 2000 KEY will receive 500 KEY bonus Buying Reward…

Sri Lanka’s First Cryptocurrency Exchange Launches ICO

Ceybit, Sri Lanka’s first ever exchange will be opening registration and private sales on the June 11, 2018. Ceybit will be predominantly a cryptocurrency/ fiat exchange and will provide a unique mobile wallet and a payment gateway solution. The Ceybit token (CYBT) buyback and burn mechanism is also a new entry into the market. The token utility model is structured to gain some independence to Bitcoin volatility and be a…

Ended: Trading competition: Top Ten High Volume Traders in XRP wins Prizes

Coinome Exchange is running a trading competition of their newly listed XRP asset. Trading Reward Prizes for top 10 traders in terms of trading volumes: Top Trader – INR 50000/- Second Top Trader – INR 25000/- Third Top Trader – INR 10000/- Fourth and Fifth Top Trader – INR 5000/- Sixth to Tenth Top Trader – INR 1000/- Date and Time of Competition May 20, 6 PM to June 6, 6 PM Visit Coinome Will…

The Strategies People use to Win Trading competitions

Time and again, Coin Crunch India has been critical of cryptocurrency trading competitions in India. But they are becoming more and more popular. There are so many of them it is hard to keep track. But no matter how big these competitions get, your participation may end up in you losing more money than you can win. I am not saying you cannot win in such competitions. I have won…

Opinion: The warning about GST on Crypto should be ignored

On May 23, a famous news outlet Bloomberg Quint published an article with title “India Mulls GST On Trading Of Virtual Currencies”. Pretty soon the rest of the mainstream media channels picked it up, and published their own versions of the story. At Coin Crunch India, we decided to call it a bad move and published an article titled “Gaon Basa nahi aur aa gaye lutere” without any harsh opinions.…

Ended: Trading Competition: Reddcoin (RDD) on KoinOK

KoinOk is listing six new assets today  Reddcoin (RDD), OmiseGO (OMG), 0x Protocol (ZRX), VeChain (VEN), Zilliqa (ZIL) and ICON (ICX). Deposits are live now and trading starts at 6 PM today. There is a trading competition and deposit bonus for one of the above assets – Reddcoin (RDD). Deposit Reward First 700 traders to deposit atleast 1000 RDD will receive 200 RDD bonus Trading Reward Prizes for top 5 traders in terms of trading volumes: Top Trader –…

Ended – Trading Competition: POLY on WazirX

WazirX has been the first one to honour highest traders in India. They are continuing the tradition. After a poll on Telegram yesterday, they are doing a trading competition for NCASH. Winners get For the highest number of trades: 2000 WRX + POLY worth ₹5,000 For the second highest number of trades: 1000 WRX + POLY worth ₹3,000 For the third highest number of trades: 1000 WRX + POLY worth ₹2,000 For the…