{"id":19533,"date":"2024-09-18T15:25:29","date_gmt":"2024-09-18T15:25:29","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=19533"},"modified":"2024-09-18T15:25:29","modified_gmt":"2024-09-18T15:25:29","slug":"unlocking-the-secrets-of-the-bsx-airdrop-a-comprehensive-guide-and-review","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/unlocking-the-secrets-of-the-bsx-airdrop-a-comprehensive-guide-and-review\/","title":{"rendered":"Unlocking the Secrets of the BSX Airdrop: A Comprehensive Guide and Review"},"content":{"rendered":"\n
\n <\/p>\n

BSX is a decentralized exchange (DEX) focused on crypto derivatives, utilizing a self-custodial approach. It’s developed on the Base L2 platform and supported by the Base Ecosystem Fund. BSX combines off-chain execution with on-chain settlement, ensuring both security and transparency commonly found in decentralized exchanges, while also providing the speed and ease of use typical of centralized platforms.<\/p>\n

The design of BSX incorporates an orderbook model, collaborating with various market makers to ensure a broad and liquid selection of assets, quick trade execution, and significant throughput facilitated by an advanced technical infrastructure.<\/p>\n

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The initial two seasons of BSX’s points airdrop garnered impressive results, with trading volumes surpassing $4.3 billion. Additionally, they successfully secured $6.2 million in a seed funding round led by a prominent blockchain capital firm.<\/span><\/p>\n

During the second season, BSX allocated 16 million points and is now excited to introduce season 3, offering an additional 10 million points, along with a weekly bonus and a biweekly competition for participants.<\/span><\/p>\n

\n Step-by-Step Instructions:<\/strong><\/p>\n
    \n
  1. Head over to the BSX official site.<\/li>\n
  2. Click on \u201cLaunch App.\u201d<\/li>\n
  3. Connect your wallet and switch to the Base network.<\/li>\n
  4. Proceed to deposit USDC and begin trading.<\/span><\/li>\n
  5. BSX can be used in two different modes:\n
      \n
    1. BSX (with leverage options between 100x and 1000x).<\/li>\n
    2. BSX1000 (providing opportunities to gain entries for Win or Spin draws).<\/li>\n<\/ol>\n<\/li>\n
    3. Navigate to the \u201cReferral\u201d section for your referral code. By inviting friends, you earn 10% of their points, and they receive a 10% bonus on their trading points.<\/li>\n
    4. Points are awarded on a weekly schedule. You can check your earned points weekly under the \u201cPoints\u201d section.<\/span><\/li>\n
    5. You can earn up to 1,000,000 points every week.<\/span><\/li>\n
    6. Points distribution is structured as follows: 75% for trading, 20% for liquidity contributions, and 5% for enhancing open interest.<\/li>\n
    7. Also, traders who execute trades totaling $100,000 or more in a week are eligible for a +10% bonus during that period.<\/li>\n
    8. A biweekly competition will also take place, with details shared on Discord.<\/li>\n
    9. BSX participants can earn points from future events, including an NFT collection, mini-games on Telegram, and new product unveilings.<\/li>\n
    10. For further details regarding the airdrop, refer to the official announcement<\/a>.<\/li>\n<\/ol><\/div>\n

      Don\u2019t forget to connect with us on Twitter<\/a>, Telegram<\/a>, & Facebook and subscribe to our newsletter for updates on new airdrops!<\/p><\/div>\n

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      Overview<\/h2>\n
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