FTX offers rewards upon arrival of stablecoin EUROC

To celebrate the new possibility of depositing and withdrawing the stablecoin EUROC on its platform, FTX is offering 150,000 euros to the community. The cryptocurrency exchange determines for this that it is enough to deposit 100 euros, to qualify for part of the reward.


FTX allows EUROC deposits and offers 150,000 euros to the community

The cryptocurrency exchange FTX now supports Circle’s EUROC stablecoin deposits on its platform. To celebrate the occasion, 150,000 euros in prizes allocated and shared between users:

This is not strictly speaking an asset list. In fact, the latter cannot be redeemed by FTX and it can only be done to deposit or withdraw it at the moment.

This promotional operation, which started on Friday, will end on August 12 at 4 pm in Paris. To join, just deposit 100 euros in fiat or EUROC in his FTX account. Be careful though, determined to go through the Web version of the site, the mobile application FTX.App and FTX.US are not eligible for the event.

The 150,000 euros then equally shared between all eligible participants within 14 days of operation. If there are, for example, 1,000 participants, it will cost 150 euros per person.

👉 To continue – Learn how to use the FTX platform to participate in the operation

The exchange has the wind in its sails⭐

5% discount on your payment at this button

The timid beginnings of the stablecoin EUROC

Unveiled in June, Circle’s new stablecoin has yet to enter the ecosystem. If we refer to its smart contract on the Ethereum blockchain, its capitalization currently amounts to just over a million euros.

So most of this capitalization included in Julybecause the June audit report, which is available on the Circle website, only confirms an offer of 2,186 euros.

EUROC should be listed on FTX shortly after this operation. Currently, it is available on platforms such as Bitstamp, Binance.US, Bitpanda or Uniswap in a decentralized manner.

while the dollar dominates the stablecoin market by farit will be interesting to see the behavior of Circle’s newborn in the coming years.

👉 Also in the News – Honduras Creates “Bitcoin Valley” to Accelerate Cryptocurrency Adoption

The exchange has the wind in its sails⭐

5% discount on your payment at this button

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Sources: FTX, Circle

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