€150,000 to share: FTX offers rewards for the arrival of the stablecoin EUROC

To celebrate the new ability to deposit and withdraw the stablecoin EUROC on its platform, FTX is offering the community €150,000. The cryptocurrency exchange states that it is enough to deposit 100 euros to be entitled to a part of the reward.

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

The Cryptocurrency Exchange FTX now supports Circles EUROC stablecoin deposits on its platform. To celebrate the occasion 150,000 euros bonus have been assigned and shared between users:

Strictly speaking, it is not yet a list of assets. The latter is in fact not yet redeemable on FTX and only possible to deposit or withdraw it for the moment.

This promotion, which started last Friday, will end on August 12th at 4pm Paris time. Participate, easy Deposit 100 euros in Fiat or EUROC on his FTX account. Be careful though, it is stated that it is necessary to go through the web version of the site, the mobile application FTX.App and FTX.US are not eligible for the event.

It will then be the 150,000 euros evenly divided between all eligible participants within 14 days of surgery. With 1,000 participants, for example, this costs 150 euros per person.

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

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The tentative beginnings of the stablecoin EUROC

Circle’s new stablecoin, unveiled last June, has yet to make its way into the ecosystem. If we refer to its smart contract on the Ethereum blockchain, its capitalization is currently just over a million euros.

Most of this capitalization was therefore made recorded in Julybecause the June test report, which is available on the Circle website, only certified an offer of 2,186 euros.

EUROC should therefore be listed on FTX very soon after this transaction. At the moment it is available decentrally on platforms such as Bitstamp, Binance.US, Bitpanda or on Uniswap.

Whereas The dollar dominates the stablecoin market by farit will be interesting to observe the behavior of Circle’s newborns in the years to come.

👉 Also in the news – Honduras creates ‘Bitcoin Valley’ to accelerate cryptocurrency adoption

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5% discount on your fees with this button

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Sources: FTX, Circle

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Kaddouri Ismail

I am Ismail from Morocco, I work as a blogger and online marketer. I am also the founder of the “Mofid” site, in which I constantly publish many important articles in the field of technology, taking advantage of more than 5 years of experience working in the field. I focus on publishing in a group of areas, the most important of which are programming, e-marketing, digital currencies and freelance work.

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