- Participate in Wirex's trading competition by opening a Multiply and get a chance to win up to $3000 in WXT
- Read more to learn about Wirex Multiply and how to participate
Want to be in with the chance to earn even bigger rewards with Wirex? We’ve launched a brand new competition for using our popular Wirex Multiply feature.
Just by capitalising on market volatility and opening a Wirex Multiply, you’ll automatically be entered into our competition to win up to $3000! The competition runs throughout the whole of May, so there’s plenty of opportunity to join our trading competition!
What is Wirex Multiply?
Wirex Multiply allows users loan a portion of their assets to predict the future price of a crypto, whether that be higher or lower. Using the multiply feature, you’re able to multiply that loan to increase the potential rewards and risk. You’re able to put in place Take Profit or Stop Losses* to close your Multiply at particular levels, or it will close if it reaches the lowest level (the Margin Call). You can read more about it here.
For tips and trips on creating a successful Wirex Multiply, why not read our Head of Trading’s blog post giving advice.
* A stop-loss is an order you place on your trades to exit a position if the market moves against your plan. A take-profit is a standing order you place to exit a profitable trade once an asset price hits a specified price level.
What are the prizes?
We’re setting aside $5000 worth of prizes, with three winners.
How can you participate?
- Sign-in to your Wirex account, or if you’re not already a member, sign-up
- Open a Multiply of over $500, choose the amount you wish to multiply this by, and capitalise on market volatility*
- Repeat this process as many times as possible to maximise your chances*
- Sign up to our Discord channel where we’ll be announcing the leaderboard on the Monday of each week, and the final winners on the 1st June
* Each separate Multiply of $500 (total of input amount x the multiplier) counts as 1 ticket. If you open a Multiply of $1000+, the number of tickets you receive will be calculated by dividing the total Multiply starting value by 500.
How can you check if you’re on the leaderboard?
We’ll be announcing the leaderboard and winners on our Discord channel, so make sure you sign-up for the latest updates.
Every Monday (8th, 15th, 22nd, 29th May), we will be posting a leaderboard of our top ten users at that point in time.* We will only show part of the email address of those individuals for security purposes.
On the 1st June, we will announce our final three winners. Details to claim the prizes will be outlined in the message in Discord.
* Please note that your place in the leaderboard does not mean you will win a prize – this is purely to see your progress. The only winners of the competition will be announced on the 1st June.
So what are you waiting for, join our Multiply trading competition today!
Please refer to the full T&Cs on this link.