Crypto Trading Competition Launched By League Of Traders And FTX Exchange

Cryptocurrency leaderboard and competition app League of Traders has teamed with crypto derivatives exchange FTX to host a cryptocurrency trading competition.

The trading competition, which will run from March 23 – April 13, uses the FTX exchange platform in conjunction with League of Traders app to compete for a potential prize purse of $200,000 with a grand prize of $100,000 to the winner. After the 22-day competition, the trader earning the largest percentage increase will be awarded the grand prize. A digital leaderboard ranks all competitors and allows users to watch real-time trades from each competitor.

“We’re excited to launch trading competitions on League of Traders enabling the trading community to trade on FTX through more avenues,” said Sam Bankman-Fried, CEO and Co-Founder of FTX. “The real-time digital leaderboard combined with detailed statistics on each trader’s profile and trading history offers an insightful view into the activity from many of the top crypto traders across our exchange.”

Traders are allowed to enter through April 6 and the maximum prize purse of $200,000 is dependent on the number of entrants. Participants meeting certain trading volumes during the competition are eligible to receive up to $600 as a trading bonus. New FTX users who participate in the competition will receive $30 to their FTX account and a 15% discount on all trading fees.

“We designed League of Traders to gamify the crypto trading experience and this partnership with FTX is a natural extension of our original mission,” said John-Ting Li, CEO and Co-Founder of League of Traders. “We’re excited for the competition and to see who will come out crowned champion.”

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