【XEX Trading Essentials】 CROSS exchange Announces Trading Campaign!

CROSS exchange announces a trade campaign held for the first time.
The trade campaign is an event where people who have plenty of funds can trade where people who trade a lot trade to receive prizes participate.
For details, please see here:
https://support.crossexchange.io/hc/ja/articles/360023107691

CROSS exchange
https://www.crossexchange.io/cross/home

Previously on other cryptocurrency exchanges I have seen particular targeted currencies charts that have tremendously gone up right before trade campaigns, but will this be a currency that will rise significantly before this campaign?

We often see trade campaigns on FX exchanges. The price usually does not rise. That is because there are already so many people who are participating in the market and the value of the currency is already built into the price. Conversely, it will would be a tougher situation if the Dollar and Yen amounts did change.
However, in the case of crypto asset exchanges, the assets to be traded are limited and the value has not yet been decided as the amount of distribution is small and there are few participants, so it is highly likely that the price will rise dramatically. It is a campaign that embodies increasing value as ICO demand rises. However as a prerequisite, the content cannot be bland as community sentiment will be heavily dependent on it. A prize I saw earlier was a luxury car in a Ferrari lol. It was a story last year sending messages that we were in a slight bubble.
Getting back to the article story, since the trade campaign presents a chance for high fluctuation in price as there is not much supply, there is an opportunity to analyze the charts and participate in trading for profits. Why not give it a try?
Let’s keep an eye on this campaign for CROSS exchange!

Campaign summary

[1st ROUND] XEX Trade Battle! ~ Where a New King will be Crowned Daily! ~ Campaign!
※ Monday, February 18th, 2019 4:00 UTC 〜 Wednesday, 27th, February 2019 3:59 UTC

During the period, XEX traders will be ranked by the number of locked XEX in the “Premium 90” revenue sharing plan. A champion is decided daily where prices can be won. You can receive up to 50% of the maximum prize of your locked tokens.

① Acquire XEX
XEX can be acquired through automatic mining, manual mining, trading from buying and selling, so any method is fine. Any XEX your currently have locked will count as well.
② Lock your XEX with the “Premium 90” revenue sharing plan. It means that it will be counted towards the campaign from this point on.
【Notes】If you select an automatic mining plan, please set it to “Mining 90.”

Announcement of the rankings made daily with the amount of XEX locked during the 10-day period. XEX will be increased daily for each rank. The granted XEX will not be counted towards the Trade Battle for the following day.
As mentioned above, without hype nothing would get noticed, but this appears to have it.

The maximum holding limit of XEX is 1 million XEX (equivalent to ~150,000 USD). Those who reach the upper limit will receive “500,000 XEX” as an unconditional case.
My guess is people who target this is fine. Of course there is no guarantee that the value of XEX will be maintained for 90 days, but even at worst if your 500,000 XEX goes down in value, there is enough return on profit distribution nonetheless.

① Trade Battle Grant Rate for 20th ~ 1st Place increases in increments of 1% → 50% ~ 31%
② (‘Try-harder’ award) 50th ~ 21st “XEX: 2,019 tokens” gift
* The increments of XEX seem to be added after locking them.

ranking

Granted XEX%
First place 50% of the quantity that locked XEX for 90 days
2nd place 49% of the quantity that locked XEX for 90 days
3rd place 48% of the quantity that locked XEX for 90 days
4th place 47% of the quantity that locked XEX for 90 days
5th place 46% of the quantity that locked XEX for 90 days
6th place 45% of the quantity that locked XEX for 90 days
7th place 44% of the quantity that locked XEX for 90 days
8th place 43% of the quantity that locked XEX for 90 days
9th place 42% of the quantity that locked XEX for 90 days
10th place 41% of the quantity that locked XEX for 90 days
11th place 40% of the quantity that locked XEX for 90 days
12th place 39% of the quantity that locked XEX for 90 days
13th place 38% of the quantity that locked XEX for 90 days
14th place 37% of the quantity that locked XEX for 90 days
15th place 36% of the quantity that locked XEX for 90 days
16th place 35% of the quantity that locked XEX for 90 days
17th place 34% of the quantity that locked XEX for 90 days
18th place 33% of the quantity that locked XEX for 90 days
19th place 32% of the quantity that locked XEX for 90 days
20th place 31% of the quantity that locked XEX for 90 days

Please check this out for details
https://support.crossexchange.io/hc/ja/articles/360023107691

CROSS exchange
https://www.crossexchange.io/cross/home

Opportunity to make a profit by trading! What?

The campaign states that “The maximum holding limit of XEX is 1 million XEX (equivalent to ~150,000 USD). Those who reach the upper limit will receive “500,000 XEX” as an unconditional case.” I believe that everyone who has a lot of assets will go for this. It is impossible to do this by mining because there is an upper limit for each day. That means there is a possibility that the value of XEX will move greatly on the board trades, which can be bought directly with XEX. Besides, since much of the purchased XEX is expected to be locked up, I think that the selling pressure will not become strong so much, so there is a possibility we will see an upwards vacuum raising prices higher.

There is enough possibility that such a situation could happen, so it may be a good opportunity to increase profits and acquire more XEX through trade mining. Even after the announcement of this campaign there were users already in position with their XEX, but there is also a good possibility that active board trading will be carried out during the campaign period as well.

I wish good luck for everyone!