Cryptocurrency exchange platform WazirX is giving away prizes worth Rs 27 lakh this Independence week through multiple contests. WazirX will reveal one Indian crypto project giveaway each day from August 11 to 15.
Also watch: Crypto Craze: Facebook co-founder's backing makes CoinDCX India's first crypto unicorn
Talking about its first giveaway crypto project, WazirX in a tweet mentioned it sounds like an NFT and also where aliens come from. Some got confused between UFT and TLM, but it seemed like an easy guess for a lot of its users.
It finally revealed UniLend's token UFT worth Rs 4 lakh was up for grabs on August 11 for the top 150 traders. The 'Highest Trader Kaun' contest will giveaway UFT tokens of upto Rs 60,000 based on its users' trading performance for the entire 24-hours.
Also Watch: Cryptocurrency Explained: Bitcoin to blockchain, 10 words you need to know
UniLend is a permission-less DeFi protocol that combines spot trading services and lending/borrowing functionality within the same platform.