Some of the top crypto trading competitions in 2023
Hi guys in recent times I’ve seen some interesting crypto competitions, and I’ve picked up 3 of the most appealing ones in my opinion to share with you all and hear your thoughts.
For those who don’t know, trading competitions are exciting events for traders to put their abilities to test, gain valuable experience, and showcase their skills to a wider audience. It also creates a platform for community engagement allowing participants to learn from each other's techniques and strategies.
While trading competitions can be fun and rewarding at the same time, it is worthy to note that these trading competitions are done within the crypto ecosystem, and as always in this space, a level of risk is involved. It is then advisable to DYOR, have an in-depth understanding of the competitions' risks, costs associated with participating, rules and regulations.
That said, in no particular order, let’s dive into the 3 exciting competitions in my opinion:
Bybit WSOT 8,000,000 USDT, Lambo and Rolex:
This event will last for the duration of Jul 13 , 2023- Aug 27, 2023, and the competition categories will see participants share in the huge reward pool. Whether it is being a squad leader, squad member, new sign ups, the 8m USDT reward is sure to go round, just be sure to stick to the rules.Gate. io World Cup Trading Competition $5,000,0000 in prizes:
Rewards are reserved for Futures Team Competition $3,500,000 in prizes, Futures Individual Competition $1,000,000 in prizes and Spot Individual Competition $500,000 in prizes. Participants are ranked by their trading volumes and rewarded accordinglyBitget King’s Cup Global Invitational (KCGI) $2.65m USDT, Helicopter, Cyberquad and iPhone 15 Pro Max:
This competition will last for the duration of Aug 12, 2023- Oct 30, 2023. Participants are grouped in these categories and will have their distinct timelines and reward pool.
Spot Trading: Rewards up to $50,000 USDT
Futures Copy Trading: Rewards up to $80, 000 USDT
Demo Trading: Rewards up to $20,000 USDT
Futures Trading: Rewards up to $2,500,000 USDT.
With millions of USDT for grabs in these events as well as other exciting rewards, crypto trading competitions are fast becoming avenues for traders to showcase their skills and walk away with massive earnings.
What are your thoughts on these events, are you actively participating in any?
Cryptotrading competition are always something that needs careful analysis before diving in. Times like this, I'll favour leverage trading since the bears are officially in town. Though, aiming for the top prize might be elusive, I'll always want to get those other prizes that come along occasionally during every trading competition
I've participated in Bybit's WSOT & presently in the ongoing KCGI in a team of 5 to see how best I could add some bucks in trading cryptos😄.
Not gonna lie, crypto trading competitions is become vast in the ecosystem. The reason why most people don't seem to get most of the reward is because they're taken aback with the huge amount of prize mentioned. I would always advice, trading in events like this is best worked in team to help in analyzing trades rightly and with little risk. And also, learning new strategy in the process