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Bitget, one of the leading bitcoin and cryptocurrency exchanges, has just opened registration for the KCGI 2022, a trading competition. The winners will receive a grand prize in cryptocurrencies, of 200 BTC in total, which is equivalent to more than 5.6 million dollars at the current quote. At the KCGI (Kings Club Global Invitational), traders will be able to compete individually and in teams.
Registration is now open and runs until May 19, 2022. To participate, it is not necessary to pay any fees, it is enough to have an account on the exchange and have funds in the futures account. During the registration period, Bitget has a working group to give assistance in the website and Telegram.
In addition to the 200 BTC prize, the exchange will distribute gifts among the participants, such as a Secretlab gamer chair, an LG StandByMe TV, a Bose sound system and many more.
Win bitcoin prizes at the Bitget trading competition
The method to unlock the rewards is simple. The more traders participate, the larger the prize fund. If there are 950 participating teams, 100 BTC will be distributed for the team championship. And if there are 40,000 individual traders participating, 100 more BTC will be distributed for the individual championship.
Each team has a captain and will be ranked according to the winnings. The top 10 teams will split the prize fund proportional to their winnings. The captain will receive 10% of the team fund. The remaining money will be distributed among all members (including the captain) in proportion to their respective earnings.
There will be a competition for earnings and another for NLP. The first place in each category takes 40% of the coins available for it. Therefore, with 100 BTC of prize money for the individual competition, 50 BTC will go to the competition for winnings. In the race for profits, whoever wins will take 20 BTC.
How to participate in the Bitget trading competition
To participate, it is enough to have an account at Bitget, make a minimum deposit of 300 USDT, transfer to the futures account and start trading. It is worth mentioning that a leverage of up to 125x is allowed in futures, which makes it easier to achieve a high trading volume, even with a low margin.
Bitget it is an international exchange that does not require identity verification to do trading. On the other hand, there are no commissions and fees for cryptocurrency deposits on the platform.
Create your Bitget account and sign up by doing click here.
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