WazirX Listed CELO and Conducting Grand CELO Giveaway Worth  ₹40,00,000 

WazirX Listed CELO and Conducting Grand CELO Giveaway Worth  ₹40,00,000  2

Celo is listed on WazirX and you can buy, sell, trade CELO in INR and USDT market. 

WazirX has also partnered for a host of activities and amazing giveaways for you. Celebrate the listing by participating in the giveaway by CELO of over ₹40,00,000 (~$51,000)! 

WazirX is one of the top cryptocurrency exchanges in India that allows its users to buy, sell, and trade cryptocurrencies. Users can deposit/withdraw cryptocurrencies and perform INR deposits and withdrawals with amazing ease and speed. Users can securely store their digital assets in their WazirX wallet.

WazirX is organizing a grand CELO giveaway from 21st – 31st Mar 2022! Share this 

What about CELO Deposits & Withdrawals?

Celo is a part of the WazirX Rapid Listing Initiative. Hence, WazirX will start CELO trading by enabling its deposits on WazirX via Binance.

What does it mean for you?

  • Deposits — You can deposit CELO from Binance wallet to WazirX.
  • Trading — You can buy, sell, trade CELO in INR and USDT market. When you buy CELO, it will appear in your “Funds”.
  • Withdrawals — You will be able to withdraw CELO in a few days after the listing.

About CELO

Celo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users. By using phone numbers as public keys, Celo hopes to introduce the world’s billions of smartphone owners, including those without banking access, to transacting in cryptocurrency.

The network also allows for the creation of smart contracts and decentralized applications as part of decentralized finance. 

  • Trading price (past 24 hrs): $2.98 USD
  • Global Market Cap (past 24 hrs): $1,275,289,108 USD
  • Global Trading Volume (past 24 hrs): $828,594,654 USD
  • Circulating Supply: 427,388,610.00 CELO
  • Total Supply: 1,000,000,000 CELO

Characteristics of Celo stablecoins 

● Low Risk: Easier to verify collateral in comparison to fiat-backed tokens which must depend upon banks. There is no way to independently verify if the collateral is in place. Must place full trust in a centralized institution. 

● Stability: The algorithmic protocol constantly adjusts the supply and demand of the stablecoin. The team at cLabs has built a simulation tool that simulates many scenarios and has found that the mechanism proves much stronger than other types of stablecoins with regard to variance in holding the peg. 

● Decentralized & Transparent: Anyone can verify that the stability mechanism is functioning and where the collateral sits, as everything takes place on-chain.

Important Dates for Giveaway 

  • Monday, 21st March – Sunday, 27th March – Signup on WazirX and receive free $40 worth CELO.
  • Monday, 21st March – YouTube Live with Rene Reinsberg, Founder, Celo Foundation.
  • Tuesday, 22nd March – Trivia on WazirX Instagram page with prizes of ₹4,000. Play interesting trivia about CELO and win.
  • Tuesday, 22nd March – Wednesday, 30th March – Gleam giveaway for CELO HODLers. Complete simple steps and win from a pool of ₹31,000.
  • Wednesday, 23rd March – AMA with Rene Reinsberg, Founder, Celo Foundation. Get 360-degree learning on CELO and win total prizes of ₹23,500.
  • Thursday, 24th March – Friday, 25th March – Quiz on our Blog page with prizes of ₹23,500. Show off your CELO knowledge in a fun quiz session and win.
  • Monday, 28th March – Thursday, 31st March – 76-hour long Highest Trader Kaun Marathon with prizes of ₹23,60,000 worth CELO for top 400 traders.

Signup & Earn CELO

WazirX offer a special bonus for new users. Register and complete your KYC on WazirX and get a chance to win the giveaway. 

CELO is giving away a total of ₹15,70,000 worth of CELO tokens to any random 500 new users who signup and buy/deposit CELO on WazirX!

How to claim

  • Create your account on WazirX and verify your identity.
  • Buy any amount of $CELO in the INR or USDT market.
  • Valid for the random 500 users who signup and buy/deposit CELO during the campaign duration.

Rewards

  • Eligible users will receive 16.36 (~$40) CELO tokens. 
  • The rewards are limited to one per user i.e. can be redeemed only once and not multiple times.

When: Monday, 21st March, 9 PM – Sunday, 27th March, 9 PM IST

YouTube Live 

Participate in a live interview of Rene Reinsberg, Founder, Celo Foundation, by Archit Sinha to learn everything about the CELO Token.

When: Monday, 21st March, 7 PM IST

Where: http://youtube.com/WazirX

Trivia

Do you think you know enough about CELO? Find out in the CELO trivia contest!

When: Tuesday, 22nd March, 12 PM IST

Where: instagram.com/wazirx

How to participate?

  • Follow us on Instagram: instagram.com/wazirx
  • WazirX share 5 questions on Instagram Story
  • Choose the correct answer

Giveaway:

5 lucky winners will win 4.16 CELO each.

Gleam Giveaway 

Keep an eye on WazirX Twitter and grab your free CELO tokens

WazirX giving away 6.46 CELO to 25 lucky winners each 

Additionally, 15 lucky winners will win cool Celo X WazirX merch 

AMA

Participate in a live AMA with Rene Reinsberg, Founder, Celo Foundation for 360-degree learning on CELO. 

When: Wednesday, 23rd March, 6 PM IST

Where: http://t.me/wazirx_discuss

How to participate?

Part 1: We will ask 10 questions (crowdsourced from WazirX Twitter followers) about CELO to Rene. 

Part 2: At the end, we will unmute the group for 3 minutes where you can ask your questions live to her. He will try to answer as many questions as he can.

Giveaway:

6.12 CELO each for the top 10 questions selected from Twitter

12.24 CELO each for top 5 live questions in the Telegram group

Quiz

Show off your CELO knowledge during a fun quiz session.

When: Thursday, 24th March, 6 PM – Friday, 25th March, 6 PM IST

 Where: WazirX Blog

Reading resources:

  • https://celo.org/
  • https://research.binance.com/en/projects/celo

How to participate?

  • Head over to this blog page
  • There will be a total of 10 questions
  • Choose the correct answer
  • Only one entry per user 

Giveaway:

 20 lucky winners will win 6.12 CELO tokens each.

Highest Trader Kaun Marathon: CELO/INR

Get ready for a non-stop 72-hour long trading contest. 

How to participate?

  • The trading contest will start from 28th March, 9 AM onwards until 31st March, 9 AM IST. 
  • You can participate in the contest any time between Monday and Thursday.
  • Total prize of ₹23,60,000 worth CELO! You can win prizes based on your trading performance for the entire 72-hours.

We’re giving away 23,60,000 worth of CELO in Highest Trader Kaun Marathon! Share this

Giveaway:

Trader Rank Prizes/ Person (CELO) INR Worth
1 859.82 1,65,000
2 614.90 1,18,000
3 479.42 92,000
4 – 10 244.92 47,000
11 – 20 184.47 35,400
21 – 30 98.38 18,880
31 – 40 82.42 15,817
41 – 50 51.65 9,912
51 – 100 32.08 6,156
101 – 150 24.35 4,673
151 – 200 12.30 2,360
201 – 250 7.38 1,416
251 – 400 4.37 838

*Terms & Conditions for availing rewards: 

  • User needs to signup on www.wazirx.com and complete KYC and Bank Account verification. Users must buy any amount of CELO during the campaign duration. 
  • The rewards will be valid for random 500 new signups only.
  • Rewards are valid only till 27th March 2022, 9:00 PM IST. 
  • WazirX has no obligation for payment of any tax in conjunction with the distribution or use of any reward.
  • WazirX has the right to reverse the funds in case of any suspicious activity is detected/suspected without any prior notice.
  • Rewards are void if restricted or prohibited by law.
  • The rewards are limited to one per user i.e. can be redeemed only once and not multiple times.
  • WazirX reserves the right in its sole discretion to amend or cancel the giveaway rules and announcement at any time and for any reason without prior notice.

Note: For the entire giveaway, the CELO price will be considered at $2.44, i.e., ₹191.9, and all prizes will be distributed by 14th April 2022.

Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.