Crypto platform NAGAX opens pre-registration ahead of its March launch

abdelaziz Fathi

The NAGAX release date, which is now just under a month away, comes alongside the opportunity to compete for a cool prize pool of $35,000.

Cryptocurrency social investing network, NAGAX announced that it has opened pre-registration ahead of its upcoming release on March 7. On top of that, the platform is even providing incentives for its potential users to participate as the official launch date draws nearer.

Traders can pre-register now to stay up to date with the latest developments and be among the first to be alerted to experience the vast features offered on the platform. In addition, early birds who get whitelisted will access a special starter promotion that contains interactive welcome features.

The reveal of the NAGAX release date, which is now just under a month away, comes alongside the opportunity to compete for a cool prize pool of $35,000 in assorted rewards and airdrops. Three promotions are open to traders worldwide where the platform is available, attracting a geographically diverse crowd of wannabe champions.

In the first promotion, three eligible participants will stand to win $10,000 for promoting the NAGAX platform launch. There will be three prizes of $5,000, $3,000, and $2,000 for the three winners, paid in USDT. Lucky winners will take home their share of this prize pool by simply heading over to their favorite social media platform or crypto-related Telegram group and spreading the good word about NAGAX’s features and ecosystem. They can also publicize the launch date together with the link to the Telegram channel and website.

For those who want to make sure they’re squared away for this grab, they need to attach screenshot proofs, sign-up details, the NAGAX ID they received via email upon registration as well as their Telegram ID on a Google form.

A second promotion is dedicated to individual traders who will battle it out to pre-register on the platform via the Whitelist. The event will see five winners get selected among the first 10k registered users to receive a slice, in the amount of $1,000 each.

“Participants only need to pre-register, follow the official NAGAX Twitter and Telegram pages, and fill out this Google form with the email you registered at NAGAX, your ID, Telegram & Twitter usernames that follow NAGX,” the company further explains.

In a similar fashion, NAGX creators are incentivizing more traders to pre-register with promises of ramping $10 in Bitcoin (BTC) to their accounts. The last promotion will go to the first 2,000 pre-registered users, creating a fair opportunity for anyone to win.

NAGAX is backed by a publicly traded German fintech

NAGA Group, a Germany-based broker focusing on social trading, announced last month the launch of its brand-new social trading platform focused on cryptocurrencies. NAGAX will consist of a futures and derivatives exchange, crypto wallet, an inbuilt NFT platform, a staking platform, and a spot exchange with around 700 tradable assets. The platform also aims to offer a unique Web3 social trading experience, whereby user-generated content on the platform is converted into NFTs that can be monetized.

NAGAX provides clients with quick access to NAGA native coin, the NAGA Coin. The exchange is also connected to its parent’s financial community and social investing network, bringing together more than half a million traders from all over the globe. The network is a digital space for newcomers and skilled traders to share their experiences, discuss focal issues and market conditions via personal, group, or public chats. 

“A financial influencer, for example, who offers premium content such as trading signals or technical analysis, posts the content and can directly set a price and availability. The post is automatically converted to an NFT. Any user who has access to an Ethereum-based wallet can unlock the content immediately. Each content is thus tokenized and can even be traded as an NFT itself. And of course, NAGAX will offer traders the opportunity to copy influencers’ crypto trades for more than 700 assets via the social feed,” explains NAGA Group AG’s CEO and founder, Benjamin Bilski.


Read this next

Digital Assets

BlackRock bets on crypto bank Silvergate despite drastic fall

BlackRock, the world’s largest asset manager, has increased its stake in Silvergate Bank, a crypto-friendly lender that counts major crypto exchanges like Coinbase and Kraken as clients.


A viewpoint from Anatoly Crachilov, CEO and Founding Partner at Nickel Digital, on SEC regulation of the digital asset sector

The SEC’s latest episode comes across as more of a PR performance rather than an act of investor protection.

Digital Assets

Tether denies receiving any loans from Celsius, the opposite is true

World’s largest stablecoin issuer, Tether dismissed reports suggesting that it received a $2 billion loan from the bankrupt cryptocurrency lender Celsius.

Institutional FX

Cboe FX volume makes strong rebound in January

Cboe’s institutional spot FX platform today announced its trading volume for the month ending January 2023, which marks a mild rebound after a steep fall in December.

Uncategorized appoints Exness alumni Mohamad Ibrahim as CEO, the multi-regulated financial services provider, has appointed Mohamad Ibrahim as the group’s newest chief executive officer (CEO).


B2Broker Integrates Match-Trader Solution to Expands Its White Label Liquidity Offering

A global provider of technology and liquidity for the FX and cryptocurrency markets, B2Broker recently announced the extension of its white label liquidity offering by merging with Match-Trader.

Digital Assets

UK launches open consultation to regulate crypto exchanges, custody, and lending

The government’s proposed measures have been informed by recent market events – including the failure of FTX – which reinforce the case for effective regulation and sector engagement.

Institutional FX

ViewTrade celebrates record growth with launch of carrying broker services offering

“We have been at the center of the empowerment of the retail investor for decades, supplying the technology to facilitate cross-border access to U.S. markets. Our demonstrated ability to provide a full-service, end-to-end solution to a diverse global customer base continues to prove its value every day.”

Executive Moves

Siege FX names Mathijs Peeters as Head of Distribution Europe, promotes Marek Robertson to CPO

Siege will soon be connected with 10 of the largest 20 Banks and 15 of the top 20 Asset Managers.