FTX is offering to share €150,000 to celebrate the arrival of the EUROC stablecoin on the exchange.
One important aspect of the exchange to consider before registering is the cryptocurrencies supported by the platform. Some support dozens, others only a few. FTX now supports Circle’s EUROC stablecoin. And to mark the occasion, he is offering 150,000 euros to be shared among the users.
FTX offers 150,000 euros to trade
However, EUROC is not yet redeemable for FTX, it can simply be deposited or withdrawn for the time being. However, the platform intends to promote the stablecoin properly. So, until next August 12, 4:00 pm French time, you can participate by depositing 100 euros in fiat or euros into your FTX account. To do this, you will have to go through the web version of the site, the FTX.App and FTX.US mobile applications that are not participating in the event. EUR 150,000 will be divided equally among all participants 14 days after the end date of the operation.
Stablecoin EUROC on the exchange
The Circle stablecoin was introduced last June, and if we look at its smart contract on the Ethereum blockchain, we find that its capitalization is just over one million euros. Capitalization, which was mostly drawn up in July. Indeed, according to the Circle website, at the end of June it was only 2,186 euros.
Once this operation is completed, it’s safe to say that EUROC will quickly appear on FTX. It is currently available on exchanges such as Bitstamp, Binance.US, Bitpanda or Uniswap. What is the future of EUROC? Patience, patience!
FTX now supports euro stablecoin basket! To celebrate, we’re giving away $ 150,000!
To qualify:
– Net deposit of €100 in fiat or $EUROC between promotion period
– July 29, 2022 2:00 PM (UTC) – August 12, 2022 2:00 PM (UTC) @circlepay
Win now: https:// t.co/DRQxiiXtTl pic.twitter.com com/EtyGteWqmf
— FTX (@FTX_Official) July 29, 2022