Cryptocurrency futures and derivatives trade BloFin is understood for internet hosting a number of the finest crypto buying and selling competitions to develop and interact its neighborhood. Only recently, the platform rolled out one other main buying and selling contest referred to as Ace of Trades.
The brand new BloFin buying and selling competitors options one of many largest prize funds ever, with $5.6 million price of USDT up for grabs. customers can compete inside particular person and group buying and selling crypto segments as the competition tracks cryptocurrency futures buying and selling.
What Is the BloFin “Ace of Trades” Competitors?
The BloFin Ace of Trades contest is a team-based crypto futures buying and selling competitors the place customers type teams and compete in opposition to one another primarily based on buying and selling quantity and revenue and loss share (PNL%).
Listed here are the important thing dates and timeline to hitch the Ace of Trades USDT prize pool contest:
Registration Interval: February 8 – March 6, 2025 (UTC)
Competitors Interval: February 13 – March 6, 2025 (UTC)
Crypto futures buying and selling permits people to invest on the long run worth of tokens and is a key providing of the BloFin trade. By teaming up with different customers and rating on the competitors leaderboard, merchants can earn large crypto buying and selling rewards primarily based on their group’s efficiency.
How Is the $5.6M Prize Pool Distributed?
Whereas Ace of Trades is primarily a group buying and selling crypto competitors, the prize pool is break up into team-based and particular person rewards. This gives an extra incentive for merchants to compete as they’ve the chance to win a number of crypto buying and selling rewards.
Group-Primarily based Rewards
A group should comprise of at the least 10 members to qualify for group rewards. These rewards are divided into two classes: quantity buying and selling and PNL%. 50% of the whole prize pool is reserved for the amount competitors, whereas 30% is allotted for the PNL-based rewards.
For each quantity buying and selling and PNL crypto buying and selling contests, the highest 30 groups share rewards within the following method:
1st place group: 35%
2nd place group: 15%
third place group: 13%
4th place group: 7%
fifth place group: 5%
sixth to thirtieth place groups: 1% for every group
Moreover, each group has a group captain who can obtain further bonus crypto rewards relying on their group’s placement. Except for getting 10% of their group’s USDT winnings, captains from the highest three quantity competitors groups will obtain 5,000 USDT, 3,000 USDT, and a pair of,000 USDT from 1st to third, respectively.
Particular person Rewards
BloFin crypto contest members can nonetheless commerce crypto for rewards by taking part within the particular person competitors section. Just like the team-based contest, the person competitions are break up into PNL and crypto buying and selling quantity rewards.
15% of the whole USDT rewards fund is reserved for particular person buying and selling quantity, whereas 5% is reserved for the PNL competitors. For each particular person contests, rewards are distributed within the following method:
1st place particular person: 40%
2nd place particular person: 15%
third place particular person: 10%
4th place particular person: 7.5%
fifth place particular person: 5%
sixth to thirtieth place people: 0.5% per particular person
Individuals can monitor their group and particular person rankings by the BloFin crypto contest leaderboard.
Easy methods to Get Began With the BloFin Buying and selling Competitors
Right here’s how one can join and take part within the BloFin Ace of Trades competitors:
Create a BloFin Account: Go to BloFin and click on ‘Signal Up’ to arrange your account. You need to use an e mail deal with or join an Apple ID or Google account.
Register for the Occasion: To verify your participation, click on ‘Register Now’ on the Ace of Trades occasion web page.
Begin Buying and selling Futures: Open BloFin’s futures buying and selling web page and begin buying and selling crypto futures throughout the competitors dates. You may monitor your efficiency by the occasion’s crypto buying and selling leaderboard.
Tip: Learn our BloFin overview to maximise your buying and selling expertise on the platform.
Key Guidelines & Tips for Opponents
Let’s overview a very powerful guidelines for group and particular person contributors within the BloFin Ace of Trades contest. To first be eligible, customers should attain the ten,000 USDT buying and selling quantity threshold to qualify for rewards. Copy buying and selling quantity doesn’t rely in direction of the competitors nor for the brink.
Moreover, those that select to alter groups in the midst of the competitors can have their group buying and selling quantity and PNL% reset. Nevertheless, this doesn’t change their particular person rating good points. PNL% for the competitors considers each realized and unrealized good points or losses.
Key Advantages of Becoming a member of “Ace of Trades”
With lots of of billions of {dollars} of derivatives buying and selling quantity out there, becoming a member of the Ace of Trades competitors provides merchants further incomes alternatives with the $5.6 million USDT prize pool. The competition tracks PNL and futures buying and selling quantity for each people and groups, providing some ways to win crypto rewards.
Be a part of probably the greatest crypto futures buying and selling platforms whenever you be a part of BloFin and compete with one of the best futures merchants by Ace of Trades. Strive your finest buying and selling methods which may enable you to convey residence the varied USDT prizes.
Closing Ideas – Is it Price it?
Be a part of one of the vital rewarding crypto competitions this 12 months with BloFin’s Ace of Trades occasion. Be a part of a group or commerce individually and get the possibility to win from the huge $5.6M USDT prize pool.
Don’t miss this chance! Safe your spot in BloFin’s greatest competitors by registering for Ace of Trades at present.
Be a part of “Ace of Trades” Now on BloFin!
References:
BloFin Aces of Trades (BloFin)
Cryptocurrency Futures: Definition and How They Work on Exchanges (Investopedia)
High Spinoff Exchanges Ranked by Open Curiosity (CoinGecko)
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