FTX unveils unlimited prize fund for a tournament for Russian-speaking traders

FTX’s ‘Three‑Digit Tournament’ of the cryptocurrency derivatives exchange will offer an unlimited prize fund. Representatives of the exchange told ForkLog.

Prizes will be awarded to participants who reach trading volumes:

• From $1.11 million — $333 each;
• From $2.22 million — $777 each;
• From $5.55 million — $888 each;
• From $9.99 million — $999 each.

Registration for the ‘Three-Digit Tournament’ is open until October 31. To participate, fill out the form:

Traders can trade with leverage. In each category there are additional bonuses:

• From $1.11 million — $100 in FTT tokens;
• From $2.22 million — VIP1-level fees until the end of the year. VIP1 fee is 0.03% for takers and 0% for makers;
• From $5.55 million — VIP2-level fees until the end of the year. The fee is 0.0275% for takers and 0% for makers;
• From $9.99 million — VIP3-level fees until the end of the year. VIP3 fee is 0.0250% for takers and 0% for makers.

FTX is a cryptocurrency derivatives exchange with support for spot, futures and over-the-counter trading, as well as BTC options. In addition, on FTX you can trade tokens with leverage and MOVE contracts.

Back in August, FTX launched staking SRM tokens on the Serum decentralized exchange.

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