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 nagax.com 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.

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