PR: Prime XBT $1,000,000 giveaway returns after being suspended due to huge interest

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Prime XBT
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Last Friday, January 11th, a new cryptocurrency trading platform, Prime XBT, announced the official start of the largest giveaway in 2019. The giveaway, which offers $1,000,000 in rewards to its participants, has received an unexpected amount of attention and interest from the crypto community.

So much so, in fact, that the third party organization which was helping the platform run the giveaway experienced technical difficulties due to the number of received applications. As a result, the platform was forced to temporarily suspend the giveaway, making it impossible for new applicants to join until the issue has been fixed.

Prime XBT apologized for the incident, stating that the giveaway will return as soon as the systems are fully operational again. Today, January 16th, the platform confirmed that problems are resolved and that the $1 million-large giveaway will continue per schedule.

Prior to the application system crash, the platform has managed to attract over 50,000 individual users within only a few days. While the rewards — ranking from 0.01 BTC ($40) to 63 BTC ($250,000) — are undoubtedly one of the reasons for such a large interest, the benefits that the platform offers to those who join up early have also had an impact.

About Prime XBT

Prime XBT is a new fintech company launched in 2018. The platform stands out because of their 100x leverage for short and long positions alike. Furthermore, it is equipped with a user-friendly interface, numerous tools that allow users to analyze market data, as well as charts that display the information regarding certain digital currencies in real time.

In addition, Prime XBT offers high liquidity, as well as advanced security measures that are designed to keep the users’ funds safe and allow them to continue trading without disruptions. At the moment, the platform offers several top cryptocurrencies, including Bitcoin, Ethereum, XRP, Litecoin, and others.

Those who join their $1 million giveaway early are also promised a one-month-long 50% discount for all commissions. The giveaway itself promises rewards for 10,000 users who rank the highest on the platform’s leaderboard. The users’ position on the leaderboard depends on the number of points they manage to gather by inviting other users to join the platform.

Joining the giveaway is easy, and it only requires that the user creates an account on the platform. After that, they will receive their personal referral link which they can share on social networks, crypto-related forums, or make videos about them for YouTube.

By inviting others, users can impact their status on the leaderboard, and climb higher with each new member that joins Prime XBT giveaway via their link. As mentioned, there are different rewards that depend on users position on the list, and they are as follows:

1st place – 63 BTC worth $250,000

2nd place – 25 BTC worth $100,000

3rd place – 13 BTC worth $50,000

4-10 places – 5 BTC worth $18,000

11-100 places – 0.1 BTC worth $400

101-1000 places – 0.05 BTC worth $200

1001-10000 places – 0.01 BTC worth $40

With the application system fully operational once again, Prime XBT is prepared to welcome all those who wished to join but were unable to due to the incident. The platform aims to create a new and productive environment which will serve users around the world for their daily trading routine.

Those wishing to join the giveaway and enjoy the platform’s benefits can click here.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
This author could be anybody, but he/she is not a member of staff coingape.com and opinions in the article are solely of the guest writer and do not reflect Coingape's view.