The EToro Trading Platform Launches a Reward System For ADA and TRX holders
Trading platform EToro has announced the provision of collateral services for clients. Users can now receive bet rewards every month. On October 1, the company announced that users holding positions in Cardano (ADA) and Tron (TRX) will be eligible for prize draws. Other digital assets will also be included in the future.
Apart from regular transactions, users do not need to perform any other actions. The system will then automatically calculate the reward based on the daily snapshot taken at 00:00 GMT. And at the end of the month, an automated system will collect and distribute rewards for each user.
But there are certain conditions, from users an initial "trial period" will be required to be eligible to participate in the drawing and receive rewards. If the user changes location within a month, the reward will also change. Also, users must hold ADA or TRX for a certain period of time before they can receive a reward.
For example, for Cardano, users must hold ADA for 9 days to receive their rewards.