Our first blockchain venture — Zaddex — is partway through its first trading competition. The contest ends July 17 at 0:00 UTC. That means there’s still time left to enter!

Even if you’re holding tight to your $RFOX coin and have no intention of short-term trading, now’s a great time to open a free Zaddex account.

RedFOX products run on top of Komodo Platform’s innovative tech, and our new exchange is no exception. In addition to RFOX Smart Chain assets, Zaddex carries multiple coins from Komodo-powered projects. Current trading pairs include $ARRR, $CHIPS, $KMD, $OUR, $VRSC, and the exchange’s native token — $ZEXO. And, each of these assets trades against $BTC.

Trading competition details and rankings: https://www.zaddex.com/competition

So, how can you enter, and how can you win? Let’s get you up to speed.

Contest Jackpots

Many will enter, but only 10 can win. Will you be one of the lucky participants?

To the victor go the bulk of the spoils. However, positions 2–10 are still enticing. Here’s the rewards structure:

1st Place: 40k $RFOX

2nd Place: 20k $RFOX

3rd Place: 10k $RFOX

4th — 10th Places: Equal split of 30k $ RFOX, which equates to a little more than 4,285 coins for each winner

How to Win

This part’s as easy as it gets. How can you enter the contest? Simply swap — buy or sell — $RFOX on the Zaddex exchange. Yes, that’s it. The exchange automatically tracks every trade. Have a quick look at the leaderboard to reveal the trade volume of your competitors.

Now, this figure is bound to change over the next few days. However, at the time of writing, the contest’s leader has circulated 332,467 $RFOX throughout the Zaddex trading platform.

Simple, huh? Just conduct trades. And if you trade more than others, you win.

To give you an even deeper understanding of how the competition fits in with recent project development, here’s our CEO:

Trade Talk

Now, if you’re still a little unsure about how to trade cryptocurrencies, including $RFOX, we put together a beginner’s trading guide for you.

When you’re ready to take your trading skills to the next level, there’s nothing like chatting about strategy with fellow traders. Conveniently, we know of a place where you can do just that!

New to Discord? You’ll need an account. And to join the RedFOX server, you’ll need an invitation. No invite? No worries — we have one for you!

RedFOX Labs Discord: https://discord.gg/F8Jgg3f

Come on in and say hi to the team. Plus, some of your fellow RFOX fans and traders are waiting to swap ideas with you. We even have a community chat channel dedicated to trading:

Just in case you’re unfamiliar, Discord provides free text and voice chat for all members. We hope to see you on the inside!

Wrapping Up

Trading competitions are an excellent method for kickstarting project awareness. Yes, our blockchain is a year old, and yes, our first blockchain venture is alive and kicking. However, we’re still in the early stages of our mission to accelerate blockchain adoption throughout Southeast Asia.

For the short-term, we’re focused on building volume and liquidity for our native cryptocurrency. We aim to give as many people as possible the ability to interact with our utility coin.

Remember, Zaddex accounts are free to open, and we encourage you to grab one of your own. The current competition is a pilot test program for RedFOX. In other words, we may very well host another. So, even if you don’t win this time around, the door isn’t closed.

Good luck to you!