Guide
How to Make Your First Trade on Ping Exchange (and Enter the $8,447 Competition)
TL;DR: Enter the CorePass × Ping Exchange competition by completing one trade worth at least 25 USDC on USDC/XCB or USDC/CTN before 8 July 2026, 10:00 CEST. 23 winners share an $8,447 prize pool. Here is how to do it from scratch.
CorePass and Ping Exchange have opened their first competition, and it is live now. Entries close on 8 July 2026 at 10:00 CEST. The prize pool is $8,447, and 23 people will win.
But the prize is not the interesting part. The entry is. To qualify, you make one trade. And that one trade is your first real trade on Ping Exchange, with no password and an identity you actually own. This guide walks you through it.
What Ping Exchange actually is
Ping Exchange is a Swiss hybrid exchange in the CoDeTech ecosystem. It runs on Core Blockchain.
Hybrid is the key word. It pairs the ease of a centralized exchange with the parts of a decentralized one that matter. You log in with CorePass, an identity you own, not a password on a server. Trades settle on Core Blockchain in about 42 seconds, with no market makers between you and other traders. You can move your funds to your own wallet whenever you want. And it is the first venue with native XCB and CTN pairs.
What CorePass is
CorePass is CoDeTech's self-custodial identity app. Treat it as your passport for the Core ecosystem. You own it. Nothing waits on a server to leak or get phished.
You scan a QR code, approve on your phone, and you are in. Your identity also carries your verification, so you complete KYC once and reuse it across the ecosystem.
New to all this? Our step-by-step guide walks through setting up CorePass ID and registering on Ping Exchange, start to finish.
How to enter, in four steps
The competition page spells out the entry. It is short.
- Open the competition page on Ping Exchange.
- Scan the QR code and log in with CorePass. No password.
- Pick your preferred Visa or UnionPay card option.
- Make one trade worth at least 25 USDC on USDC/XCB or USDC/CTN.
Two things are worth knowing here. The card choice in step 3 is not a purchase. It only sets which card you would receive if you win one of the card prizes. Visa and UnionPay cover different regions, so pick the network that works where you live and spend. And step 4 is a single qualifying trade. Fund your Ping account with USDC, then trade at least 25 USDC worth on USDC/XCB or USDC/CTN. The simplest way in is to buy XCB or CTN with your USDC. That one trade registers your entry, and you keep the assets.
Visa (blue) and UnionPay (red) cover different regions. Pick the network that works where you live. Source: Wall Money.
That is the whole thing. One registration, one qualifying trade, one official entry. Trading more does not improve your odds. Every eligible participant gets exactly one entry.
The prize, read honestly
The $8,447 pool splits across 23 winners:
- $2,000 grand prize
- $1,000 second prize
- two prizes of $500
- ten prizes of $100
- nine Wall Money bank-card vouchers, valued at up to $654 each
Each winner gets removed from the remaining draws. So 23 different people win, not one lucky wallet.
The fine print
There is no separate entry fee. Normal trading fees apply, and crypto markets carry risk. The bar to enter is one trade of at least 25 USDC. Nothing beyond that.
Why this is worth five minutes
The competition will end. Your CorePass identity and your Ping account will not.
That is the quiet upside. Whatever the draw decides, you walk away having made your first trade, with an identity you own and funds you can move out any time. The shot at $2,000 is the nudge. The account is the thing you keep.
That link is a TMMAC referral link. Sign up through it and you earn 5% of your trading fee back as a Core Token (CTN) reward, at no extra cost to you.
Before you trade, read the Ping Exchange Terms of Service and Privacy Policy.
FAQ
Do I need to deposit funds? Only enough for one trade worth 25 USDC. Add USDC to your Ping account, then the simplest move is to buy XCB or CTN. That way your entry is not a fee you never see again. It becomes your first Core assets, and they stay yours. Normal trading fees apply, with no separate entry fee.
Can I win more than once? No. Each winner is removed from the remaining draws, so 23 different people win. Everyone gets exactly one entry.
Which trading pairs qualify? USDC/XCB and USDC/CTN. One trade of at least 25 USDC on either pair counts as your entry.
When do entries close? Entries close on 8 July 2026 at 10:00 CEST.