Symbol from NEM Support Celebratory

XEM Trading Competition

Buy any amount of XEM on LATOKEN and Top-25 winners will get a share of 45,000 XEM Tokens

Trading Competition has finished.
Rewards have been distributed. Thank you for participating!

Start: 27th October 2020 12:00 noon UTC
End: 12th November 2020 12:00 noon UTC
Participation Terms and Conditions
Users who satisfy the conditions for participation will be rewarded with a share of
Total prize pool - 45,000 XEM

Eligibility: Eligible traders* who will buy any amount of XEM** tokens on LATOKEN exchange during competition period.

Winners: There will be 25 winners with highest buying volume. They will receive a share of the prize pool of 45,000 XEM according to the following formula:
User's Reward = (square root of buying amount of a user/square root of total buying amount of participants) x 45000

Reward Distribution: 12th November 2020 16:00 noon UTC

- The winners will be ranked according to each eligible trader's buying amount. All eligible traders will be rewarded. In order to receive your reward, you are required to pass KYC Tier 2 or higher on LATOKEN.
- These are the preliminary results for the trading competition that will only be finalized when the project provides the budget to be distributed among the winners.
- Final results will be published after reward distribution.
- There will be zero deposit fee of XEM's trading pairs during the trading competition days.
- For each 1 XEM you own at the time of Symbol (XYM) Snapshot, you will be allocated 1 XYM to the Symbol account you created during the Opt-in process.

*Non-US Citizens only & Zero fee accounts eliminated
**XEM buying volume = Total number of XEM tokens bought - Total number of XEM tokens sold

Note: You can find your username on your LATOKEN user's profile page. Please look it up and search in the table below for your position.
We use usernames to protect your privacy and not to disclose your names or emails. Traders chart will be updated daily at 14:00 UTC.

All Participants

  • LATOKEN Exchange reserves the right to cancel the trading competitions or amend its terms or conditions unilaterally without prior notification.
  • LATOKEN doesn't reserve a right on making decisions about rewards for winners and it's distribution date. It is a responsibility of the NEM project.
  • By joining the contest you allow LATOKEN to display your trading volume in public.

    Project Overview

    NEM (XEM), which stands for New Economy Movement, is a dual-layer blockchain that is written in Java and launched in 2015. The NEM main-net supports multiple ledgers and has a NEM Smart Asset system, where nodes on the NEM blockchain process API calls. Its native currency is XEM, is 'harvested' using its POI (Proof-of-Importance) algorithm.
    The 'importance' of NEM users is determined by the number of coins they have and the number of transactions associated with their wallet. NEM also has an encrypted P2P messaging system, multi-signature accounts, and an Eigentrust++ reputation system.
    XEM Trading Competition ends on 12th Nov'20 12:00 noon UTC!