Cryptocurrency futures and derivatives alternate BloFin is understood for internet hosting among the greatest crypto buying and selling competitions to develop and interact its group. 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 crew 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 kind teams and compete towards one another based mostly on buying and selling quantity and revenue and loss proportion (PNL%).
Listed below are the important thing dates and timeline to affix 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 speculate on the future price of tokens and is a key providing of the BloFin alternate. By teaming up with different customers and rating on the competitors leaderboard, merchants can earn large crypto buying and selling rewards based mostly on their crew’s efficiency.
How Is the $5.6M Prize Pool Distributed?
Whereas Ace of Trades is primarily a crew buying and selling crypto competitors, the prize pool is cut up into team-based and particular person rewards. This supplies a further 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 crew should comprise of no less than 10 members to qualify for crew rewards. These rewards are divided into two classes: quantity buying and selling and PNL%. 50% of the full 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 crew: 35%
- 2nd place crew: 15%
- third place crew: 13%
- 4th place crew: 7%
- fifth place crew: 5%
- sixth to thirtieth place groups: 1% for every crew
Moreover, each crew has a crew captain who can obtain further bonus crypto rewards relying on their crew’s placement. Other than getting 10% of their crew’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 collaborating within the particular person competitors section. Just like the team-based contest, the person competitions are cut up into PNL and crypto buying and selling quantity rewards.
15% of the full 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
Contributors can observe their crew and particular person rankings by means of the BloFin crypto contest leaderboard.
The way 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: Visit BloFin and click on ‘Signal Up’ to arrange your account. You should use an e mail tackle or join an Apple ID or Google account.
- Register for the Occasion: To substantiate 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’ll be able to observe your efficiency by means of the occasion’s crypto buying and selling leaderboard.
Tip: Learn our BloFin review to maximise your buying and selling expertise on the platform.
Key Guidelines & Tips for Rivals
Let’s assessment crucial guidelines for crew 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 the direction of the competitors nor for the edge.
Moreover, those that select to vary groups in the midst of the competitors could have their crew buying and selling quantity and PNL% reset. Nevertheless, this doesn’t change their particular person rating positive aspects. PNL% for the competitors considers each realized and unrealized positive aspects or losses.
Key Advantages of Becoming a member of “Ace of Trades”
With tons of of billions of {dollars} of derivatives trading volume available in the market, 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 one of many best crypto futures trading platforms whenever you be a part of BloFin and compete with one of the best futures merchants by means of Ace of Trades. Attempt your greatest buying and selling methods which may allow you to convey residence the varied USDT prizes.
Closing Ideas – Is it Value it?
Be a part of probably the most rewarding crypto competitions this 12 months with BloFin’s Ace of Trades occasion. Be a part of a crew or commerce individually and get the possibility to win from the large $5.6M USDT prize pool.
Don’t miss this chance! Safe your spot in BloFin’s largest competitors by registering for Ace of Trades as we speak.
Join “Ace of Trades” Now on BloFin!
References:
- BloFin Aces of Trades (BloFin)
- Cryptocurrency Futures: Definition and How They Work on Exchanges (Investopedia)
- Top Derivative Exchanges Ranked by Open Interest (CoinGecko)
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