Travala has announced a Pro-Trading competition to be held on the Switcheo platform between August 3rd to August 12th. The competition will offer top traders a share in a 50,000 AVA prize pool for trading AVA with any supported trading pair.

The winners will be selected based on their total trading volume and only orders that have been fulfilled will be counted. Additionally, trades made outside of the competition period will be considered invalid, as well as trades that are deemed manipulative, like wash trades.

Prizes will be distributed as follows:

  • First place: 17,500 AVA.
  • Second place: 12,500 AVA.
  • Third place: 7,500 AVA.
  • 4th – 10th place: shares from a pool of 12,495 AVA.

More details about the trading competition can be read here.

Travala has recently launched the V2 alpha of its travel booking marketplace, which includes listings from hotels such as Marriot, Hyatt, Hilton and Novotel, amongst others, and allows users to purchase accommodation with AVA tokens.

Switcheo is scheduled to launch its V2 exchange on July 25th, which will feature enhancements such as instantaneous trading, public trading API’s, and improved withdrawals and deposits.

More information on Travala and Switcheo can be found at the links below.