The Wirex Scavenger Hunt is back - win €/US$50 in WXT!

The Wirex Scavenger Hunt is back by popular demand!

This time, you’ll be competing for a share of €/US$300 in WXT which will be divided between six lucky winners.

Got your eyes on the prize? Activate your crypto knowledge and let the hunt begin!

How do you play?

Find all the answers to the questions below (hint: you’ll find them in our Crypto Corner blogs!). To enter, simply write your answers in the comments section.

Six winners will be picked. Good luck!

What are the three main advantages of BTC ETFs?

Find the answer here

What are the three factors that can cause the price of crypto to change?

Find the answer here

Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?

Find the answer here

What are the names of the two main keys used in cryptography?

Find the answer here

What provides a much more secure investment than ICOs?

Find the answer here

Think you got them all? Stay tuned to find out if you’re a winner!


Scavenger Hunt Promotion EEA & APAC Terms and Conditions
The following terms and conditions (“Terms”) shall apply to the Scavenger Hunt Promotion (the “Promotion”) which is offered by Wirex Ireland Limited in the European Economic Area (“EEA”) and by Wirex Pte Ltd in the Asia Pacific (“APAC”) region (each separately referred to as “Wirex”).
Timescale
1. This Promotion will run from 10:00 (BST) on 21 November until 23:59pm (BST) 27 November (“Promotion Period”).
Eligibility
2. This Promotion is open to users of the Wirex Service only (as defined by the applicable Wirex terms & conditions: Wirex | Making currencies equal and available to everyone) resident in the EEA and APAC region who are members of the Wirex Community Forum (“Eligible Participants”, “you”). For the avoidance of doubt, no other users of the Wirex Service are eligible for this Promotion.
3. Each Eligible Participant can participate in this Promotion once.
4. This Promotion does not apply to UK residents.
Promotion
5. To qualify for the Promotion, you must search the Wirex Community Forum and find answers to the questions on the Scavenger Hunt Post and submit your answers in the comment section of the post (“Qualifying Task”).
6. Wirex will select the (6) six quickest Eligible Participants who correctly respond to the questions on the Wirex Community Forum and complete a Qualifying Task as the Winners of this Promotion (the “Winners”, each a “Winner”).
7. The Winners will be contacted by private message by a member of the Wirex Community Team via the Wirex Community Forum.
8. Once a Winner is contacted by Wirex, to be eligible for the Reward the Winner must respond to the message confirming their Wirex registered email address within 48 hours from the date the message has been sent to the Winner, to claim their prize (“Qualifying Action”).
9. If a Winner does not reply within 48 hours Wirex reserves the right to select another Winner (please note, Wirex will never ask for any other account details via social media message, please do not provide any other information about your account in response to the notification).
10. If Winners agree in writing they will be announced on the Scavenger Hunt Post on the Wirex Community Forum.
Reward
11. The Reward will be credited to Eligible Participants who complete a Qualifying Task within the Promotion Period (“Qualifying Participants”).
12. The Reward will be paid to Qualifying Participants’ accounts within 30 Working Days of the end of the Promotion Period.
13. Once a Qualifying Participant has received the Reward it can be converted to traditional fiat currency through the Wirex Service at the Qualifying Participants’ discretion.
General
14. “EUR” means Euros.
15. “Reward” means the WXT equivalent to EUR 50 (in the EEA) or USD 50 (in APAC) which will be calculated by an exchange rate set by Wirex from time to time in its absolute discretion.
16. For the avoidance of doubt, the Reward will be distributed in WXT only and each Qualifying Participant will be eligible to receive the Reward only once.
17. “Scavenger Hunt Post” means the post shared on the Wirex Community Forum which states “Crypto corner Scavenger Hunt!”.
18. “USD” means United States Dollar.
19. “Wirex Community Forum” means the Wirex community platform which is a space for discussion among Wirex members hosted on the Wirex website: https://community.wirexapp.com/ 6
20. “Wirex Community Team” consists of the following two members of the marketing team who are available to help during the Competition: @Ali_Wirex and @ChienChien_Wirex.
21. “WXT” means the Wirex Token on the Wirex Service.
22. “Working Days” means Monday to Friday, excluding weekends and any public holidays when the banks of England are closed for business.
23. For the avoidance of doubt, the total payable amount is the WXT equivalent to EUR 300 (in the EEA) or USD 300 (in APAC), once Wirex reaches the total payable amount no further Rewards will awarded.
24. Wirex may, at its sole discretion, revise any of these Terms & Conditions or terminate this Promotion at any time without prior notice to Wirex users, Eligible Participants, the Winner, Winners or other third parties.
25. The Reward amount may be varied at any time without notice to Eligible Participants, Winners or other third parties.
26. Wirex may, at its sole discretion, revise any of these Terms or terminate this Promotion at any time without prior notice to Wirex users, Eligible Participants or other third parties.
27. This Promotion is launched by Wirex independently and there are no partnerships between Wirex and any merchant or other third parties relating to this Promotion.
28. Subject to applicable law, Wirex will not under any circumstances be liable to compensate Wirex users, Eligible Participants or other third parties for any losses or damages occurring as a result of their participation or engagement with this Promotion.
29. Wirex hereby has no control over each Eligible Participant’s comments, and Wirex does not endorse any Eligible Participants comments.
30. By participating in this Promotion each Eligible Participant agrees for their personal information (e.g. username, forename, surname etc) to be visible to other Eligible Participants, when posting comments on the Wirex Community Forum.
31. Wirex will only process personal information collected or received in connection with the Promotion as set out in its Privacy, Data Use and Retention Policy, which is available on by clicking the following link: Wirex | Making currencies equal and available to everyone.
32. The Terms of this Promotion are governed by the laws of England and the parties irrevocably agree that the courts of England shall have exclusive jurisdiction to hear, settle and/or determine any dispute, controversy or claim (including any non-contractual dispute, controversy or claim) arising out of or in connection with this Promotion.
11 Likes

GL guys! :fire:

5 Likes

What are the three main advantages of BTC ETFs?
1 . convenience,
2. diversification
3. tax efficiency.

1 Like

What are the three factors that can cause the price of crypto to change

  1. Polotical & Economic uncertainty
  2. Celebrity Influence
  3. Technological Advances
1 Like

What are the names of the two main keys used in cryptography?

Private Keys

User ownership of any funds associated with the corresponding address.

Public Keys
Can be shared publicly.

1 Like

The three main advantages of BTC ETFs are; trading flexibility; instant diversification; low cost and tax efficiency.

The three factors that causes crypto’s price to change are: Political & economic uncertainty, Celebrity influence, and Technological advances.

Some of the other eco-friendlier alternatives for bitcoin are: Ripple (XRP), Dogecoin (DOGE) and Cardano (ADA) in which they were reported to have the lowest use of Kilowatt hour, while EcoCoin (ECO), SolarCoin (SLR) and BitGreen (BITG) are some crypto that mainly focus on being eco-friendly.

The names of the two main keys used in cryptography are private keys and public keys.

The investments that provide more secure investment than ICOs are IEO or Initial Exchange Offering, IPO or Initial Public Offering and STO or Security Token Offering.

1 Like
  1. What are the three main advantages of BTC ETFs?
    The three main advantages of BTC ETFs are convenience, diversification and tax efficiency.
  2. What are the three factors that can cause the price of crypto to change?
    The three factors that can causes the price of crypto to change are Political & Economic uncertainty, Celebrity Influence, and Technological Advances.
  3. Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?
    Some of the other eco-friendlier alternatives for bitcoin are EcoCoin(ECO), SolarCoin(SLR) and BitGreen(BITG).
  4. What are the names of the two main keys used in cryptography?
    The names of the two main keys used in cryptography are private keys and public keys.
  5. What provides a much more secure investment than ICOs?
    IEOs,IPOs and STOs provide a much more secure investment than ICOs.

Complete!! Goodluck to me!!

Q1: What are the three main advantages of BTC ETFs?
A: convenience, diversification and tax efficiency.

Q2: What are the three factors that can cause the price of crypto to change?
A: Political & economic uncertainty / Celebrity influence / Technological advances

Q3: Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?
Ripple (XRP), Dogecoin (DOGE) and Cardano (ADA) , EcoCoin (ECO), SolarCoin (SLR) and BitGreen (BITG). Also NANO, POWR, XLM and ADA

Q4: What are the names of the two main keys used in cryptography?
A: Private keys vs public keys

What provides a much more secure investment than ICOs?
Q: STO, or Security Token Offering.

**What are the names of the two main keys used in cryptography?

Answer: Private keys and Public keys

**What are the three main advantages of BTC ETFs?

Answer: The three main advantages of BTC ETFs are convenience, diversification and tax efficiency.

**What are the three factors that can cause the price of crypto to change?

Answer: The three factors that can cause the price of the crypto change are Political & economic uncertainty,Celebrity influence, and Technological advances.

**Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?

Answer: Ripple (XRP), Dogecoin (DOGE) and Cardano (ADA)

**What provides a much more secure investment than ICOs?

Answer: Its investments that provide more secure investment than ICOs are IEO or Initial Exchange Offering, IPO or Initial Public Offering and STO or Security Token Offering.

Completed…
Good luck to me.:innocent:

  1. What are the three main advantages of BTC ETFs?
  • convenience, diversification and tax efficiency.
  1. What are the three factors that can cause the price of crypto to change?
  • Political & Economic uncertainty, Celebrity Influence, and Technological Advances.
  1. Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?
  • EcoCoin(ECO), SolarCoin(SLR) and BitGreen(BITG) focus solely on being eco friendly while XRP ,DOGE and ADA uses low Kilowatt hour.
  1. What are the names of the two main keys used in cryptography?
  • The names of the two main keys used in cryptography are private keys and public keys.
  1. What provides a much more secure investment than ICOs?
  • IEOs,IPOs and STOs
1 Like

What are the three main advantages of BTC ETFs?

  • BTC ETFs also hold several advantages such as convenience, diversification and tax efficiency.

What are the three factors that can cause the price of crypto to change?

  • Political & economic uncertainty
  • Celebrity influence
  • Technological advances

Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?

  • In recent events, BTC has also faced criticism for its energy-intensive mining processes. Fortunately, there are several alternatives that use significantly less energy. Most notably, Ripple (XRP), Dogecoin (DOGE) and Cardano (ADA) were reported to have the lowest use of Kilowatt hour (KWh).

What are the names of the two main keys used in cryptography?

Private key – grants the user ownership of any funds associated with the corresponding address. It’s important that you keep your private key a secret.

Public keys - can be shared publicly. They always come paired with a private key, as together they create an even more secure method of encryption.

What provides a much more secure investment than ICOs?

  • An STO is essentially a public sale of tokenised securities (aka security tokens) on a crypto exchange. A security token represents an investment contract linked to a financial asset.

Hoping that all my answers was correct. Goodluck to all the participants.

  1. convenience, diversification and tax efficiency.
  2. Political & Economic uncertainty, Celebrity Influence, and Technological Advances.
  3. EcoCoin(ECO), SolarCoin(SLR) and BitGreen(BITG), XRP, DOGE and ADA.
  4. The names of the two main keys used in cryptography are private keys and public keys.
  5. IEOs,IPOs and STOs

What are the three main advantages of BTC ETFs?

trading flexibility, instant diversification, low cost and tax efficiency

What are the three factors that can cause the price of crypto to change?

Political & economic uncertainty, Celebrity influence, Technological advances

Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?

EcoCoin (ECO), SolarCoin (SLR) and BitGreen (BITG)

What are the names of the two main keys used in cryptography?

private keys and public keys

What provides a much more secure investment than ICOs?

STOs

  1. What are the three main advantages of BTC ETFs?

BTC ETFs also hold several advantages such as convenience, diversification and tax efficiency.

  1. What are the three factors that can cause the price of crypto to change

Political & Economic uncertainty
Celebrity Influence
Technological Advances

  1. Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?

There are several alternatives that use significantly less energy. Most notably, Ripple (XRP), Dogecoin (DOGE) and Cardano (ADA) were reported to have the lowest use of Kilowatt hour (KWh). There are also several cryptocurrencies out there that solely focus on being environmentally friendly, such as EcoCoin (ECO), SolarCoin (SLR) and BitGreen (BITG).

  1. What are the names of the two main keys used in cryptography?
    The names of the two main keys used in cryptography are private keys and public keys.

  2. What provides a much more secure investment than ICOs?

STOs make a significantly more secure investment than ICOs, and are much more difficult to launch, since they are subject to strict regulation.

  1. What are the three main advantages of BTC ETFs?

The three main advantages of BTC ETFs are onvenience, diversification and tax efficiency.

  1. What are the three factors that can cause the price of crypto to change

The three factors causing the price of crypto change are Political & Economic uncertainty, Celebrity Influence and Technological Advances.

  1. Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?

There are several alternatives that use significantly less energy. Most notably, Ripple (XRP), Dogecoin (DOGE) and Cardano (ADA) were reported to have the lowest use of Kilowatt hour (KWh). There are also several cryptocurrencies out there that solely focus on being environmentally friendly, such as EcoCoin (ECO), SolarCoin (SLR) and BitGreen (BITG).

  1. What are the names of the two main keys used in cryptography?
    The names of the two main keys used in cryptography are private keys and public keys.

  2. What provides a much more secure investment than ICOs?

STOs provide a much more secure investment than ICOs.

Q1. What are the three main advantages of BTC ETFs?
1.Convenience
2.Diversification
3.Tax Efficiency.

Q2. What are the three factors that can cause the price of crypto to change?
1. Political & economic uncertainty
2.Celebrity influence
3.Technological advances

Q3. Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?
Ripple (XRP), Dogecoin (DOGE) and Cardano (ADA) EcoCoin (ECO), SolarCoin (SLR) and BitGreen (BITG)

Q4. What are the names of the two main keys used in cryptography?
1. Private key – grants the user ownership of any funds associated with the corresponding address. It’s important that you keep your private key a secret.
2.Public keys - can be shared publicly. They always come paired with a private key, as together they create an even more secure method of encryption.

Q5. What provides a much more secure investment than ICOs?
STOs are often described as legally-compliant ICOs. They make a significantly more secure investment than ICOs, and are much more difficult to launch, since they are subject to strict regulation.

1.What are the three main advantages of BTC ETFs?
A: convenience, diversification and tax efficiency.

2.What are the three factors that can cause the price of crypto to change?
A: Political & economic uncertainty / Celebrity influence / Technological advances

3.Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?
Ripple (XRP), Dogecoin (DOGE) and Cardano (ADA) , EcoCoin (ECO), SolarCoin (SLR) and BitGreen (BITG). Also NANO, POWR, XLM and ADA

4.What are the names of the two main keys used in cryptography?
A: Private keys vs public keys

5.What provides a much more secure investment than ICOs?
A: STO, or Security Token Offering.

What are the three main advantages of BTC ETFs?

  • BTC ETFs also hold several advantages such as convenience, diversification and tax efficiency.

What are the three factors that can cause the price of crypto to change?

  • Political & economic uncertainty
  • Celebrity influence
  • Technological advances

Bitcoin (BTC) was recently criticised for its energy-intensive mining process. What are some of the other eco-friendlier alternatives we discussed?

  • In recent events, BTC has also faced criticism for its energy-intensive mining processes. Fortunately, there are several alternatives that use significantly less energy. Most notably, Ripple (XRP), Dogecoin (DOGE) and Cardano (ADA) were reported to have the lowest use of Kilowatt hour (KWh).

What are the names of the two main keys used in cryptography?

Private key – grants the user ownership of any funds associated with the corresponding address. It’s important that you keep your private key a secret.

Public keys - can be shared publicly. They always come paired with a private key, as together they create an even more secure method of encryption.

What provides a much more secure investment than ICOs?

  • An STO is essentially a public sale of tokenised securities (aka security tokens) on a crypto exchange. A security token represents an investment contract linked to a financial asset.

Hoping that all my answers was correct. Goodluck to all the participants.

1.What are the tree main advantages of BTC
ETFs?

Answer: TRADING FLEXIBILITY , INSTANT DIVERSIFICATION AND LOW COST AND TAX EFFECIENCY .

2.What are the three factors that can cause the price of crypto can change ?

Answer: POLITICAL& ECONOMIC UNCERTAINLY ,CELEBRITY INFLUENCE ,TECHNOLOGICAL ADVANCES .

3.BITCOIN (BTC) was recently criticised for its energy -intensived mining process . What are some of the other eco-friendly alternatives we discussed ?

Answer: BTC eventually become the currency of the world . Its the only cryptocurrency with good potential for the future. Zero fees and only takes 0.14 seconds for confirmation .

  1. What are the name of two main keys use in crytocurrency ?

Answer: PRIVATE KEY(SYMMETRIC ENCRYPTION) ,PUBLIC KEY(ASYMMETRIC)

5.What provides a much more secure investment than ICOs ?

Answer: IEOs is more convenient than ICOs , since funds are sent straight to buyers account,more regulated,since the exchange is responsible for mandatory investor checks,and more accesible,since they are open to anyone.

Answer to question 1: convenience, diversification and tax efficiency.
Answer to question 2: celebrity influence, political-economic insecurity, tech. advantages.
Answer to question 3: XLM, XRP, Dogecoin, ADA, ECO, SLR, BITG, NANO.
Answer to question 4: private keys and public keys.
Answer to question 5: IEOs,IPOs and STOs