Cryptocurrency exchange BitGet announced its annual trading contest, the ‘Kings Cup’, with a prize pool of up to 100 BTC and additional rewards totaling 5 million BitGet Token (BGB). This was reported in the в блоге of the trading platform.
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The contest will run from October 30 to November 20. Traders will be able to:
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- join a team in the ‘Battle for Territory’ competition. The prize pool is 10-50 BTC depending on the number of participants;
- become a Super Leader or Super Hero. The exchange calculates the leaderboard for Super Leaders based on profit and loss percentage (PNL), and for Super Heroes based on PNL in monetary terms.
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Prize pools for team and individual tournaments depend on the number of participants and can reach 50 BTC.
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To participate in the contest you need to register from October 20 to November 4. Organizers will credit 50 USDT to captains who form a team by October 25 inclusive. Team members can participate in the individual competitions.
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Winners of the ‘Battle for Territory’ will be the ten teams with the highest trading income. Rewards depend on team and participant standings. The leaders will receive 30%, 20% and 10% of the prize pool respectively; players placing fourth to tenth will share 30% of the prize pool.
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In addition, BitGet will gift:
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- 10% of the prize to all captains of the winning teams;
- PlayStation 5 consoles and NFTs to the captains of the seven best teams;
- PlayStation 5 consoles to the three best teams.
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Winners of the individual tournament will be 20 participants — 10 Super Heroes and 10 Super Leaders. Prizes for the top three places are 40%, 20% and 10% of the prize pool respectively. Participants placing fourth to tenth will share 30% of the prize pool.
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The top three traders in the individual competition will also receive DJI drones or HHKB keyboards.
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In addition, BitGet will award 5 million BGB as part of the campaigns ‘City Assembly’, ‘Lords’ Assembly’, ‘Lucky Lottery’, and ‘Airdrop for All’.
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More details about the tournaments and prizes — in the exchange’s blog.
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Earlier this week, BitGet entered into a partnership agreement with the football club Juventus.
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To mark the occasion, the exchange will credit users with a 20% bonus on their first deposit, and will also hold raffles of BitGet Token (BGB), branded T-shirts, scarves and balls. The promotion will run until October 20, 2021.
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