CoinEx to Award 50,000 USDT in Futures-Trading Tournament

CoinEx launched a futures-trading competition with a prize pool of 50,000 USDT. The event marks the fifth anniversary of the trading platform. This was reported in the CoinEx blog.

The tournament runs until January 8, 4:00 MSK. To participate you must:

• register on CoinEx;
• join the competition on the promotion page;
• reach a trading volume of more than 5000 USDT.

The top ranks will receive:

• 1st place — 7,500 USDT;
• 2nd place — 4,000 USDT;
• 3rd place — 2,500 USDT;
• 4th place — 2,000 USDT;
• 5th place — 1,500 USDT;
• 6th–10th places — 800 USDT each;
• 11th–20th places — 500 USDT each;
• 21st–50th places — 200 USDT each;
• 51st–100th places — 100 USDT each;
• 101st–150th places — 50 USDT each.

The remaining participants will share 10,000 USDT in proportion to their trading volumes.

The organizers take into account trading on all linear contracts markets. Market makers are not eligible to participate in the tournament.

CoinEx — a cryptocurrency exchange offering instant exchange, spot and margin trading. The platform is part of the ViaBTC Group ecosystem and uses a Merkle Tree-based Proof-of-Reserves solution to prove the backing of client balances.

In an exclusive ForkLog interview, CoinEx CEO Haipo Yang told about the crisis of trust in the crypto industry, attitudes toward FTX and the prospects for Web3.

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