FTX launches trading competition with a $500,000 prize pool

The FTX platform announced the launch of a competition to trade tokenised stocks with a total prize pool of $500,000. The exchange’s post on ForkLog HUB says.

The top prize among traders by net PnL (Profit and Loss) is one share of BRK.A (Berkshire Hathaway) worth about $343,000. 

The second-place prize is a Tesla Model S electric car or TSLA shares on FTX worth more than $69,000. Winners from 3rd to 10th place will receive an iPhone 12 or its equivalent in AAPL shares on FTX.

There will also be prize draws in a lottery and among influencers.

The competition will run from November 11 to 25, 2020.

FTX will extend the settlement of futures on the outcome of the U.S. presidential election.

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