A young contract trading platform SnapEx (alternative to Bitmex and Bybit) launches its new trading competition called World Trading Championship with 120,000 USDT prize pool and with up to 400 winners.
SnapEx World Trading Championship will be run as a series of competitions in four separate phases:
- 1st Series (March);
- 2nd Series (June);
- 3rd Series (September);
- Grand Finale (December).
Each competition will have a prize pool that will depend on the number of participants and the number of winners will depend on that accordingly. The winners will be defined based on their Return-on-Equity (ROE).
Winners from each quarterly competition will be eligible to participate in the Grand Finale - where SnapEx will host both an online and offline trading competition (with details to be announced at a later date).
Competition Time
The competition will run for 14 days: from March 17th till March 31st.
What should you do to be eligible to participate?
- Sign up on SnapEX;
- Complete Verification (unlike on other exchanges it is very easy: just upload the picture of your ID or passport and legal name);
- Deposit (minimum of 50 USDT);
- Complete at least 1 trade.
You can also start with less than 50 USDT but this way you’ll start the competition with negative ROE.
The rules of the competition are simple and easy to achieve. They are similar to those of the Binance Futures Competitions but there is one significant benefit of this competition. Which one? In Binance’s trading competitions take part many people who are not just random trading novices but are very experienced and decorated traders. And SnapEx is a young trading platform which’s just expanding its users base. Therefore, on SnapEx will be less participants, consequently less competition and more chances for you (if you are good in trading) to win prizes.
The Competition Rewards
The prize pool for the competition will be determined on a floating basis depending on the number of participants.
There will be 2 types of winners:
- Daily ROE winners - Top 5 traders with the highest daily ROE (for the past 24 hours).
- Overall ROE winners - Overall ROE ranking (of up to 400 winners) for the duration of the competition.
The Top 3 traders for overall competition ROE are entitled to an exclusive custom-made trophy, issued by SnapEx. Also, the winner of the competition will receive up to 15150 USDT; the 2nd place – up to 9350 USDT; **the 3rd place – up to 5950 USDT. ** Top 10 winners to walk away with huge prize pool in USDT. They also will be invited to be SnapEx official affiliates. The invited user will enjoy a minimum of 40% lifetime commissions from users who join SnapEx using their invitation link or referral code.
During the competition period from the 17th to 31st March, SnapEx will be giving additional rewards for users who join the official SnapEx Telegram group. The first 10 new users who join the Telegram group will receive 1,000 SNAP points each. All other new users will receive 500 SNAP points.
What is SNAP Points? You can find out about it in my previous article. But in several words, SNAP Points are rewards for active SnapEx users given them for completing different tasks, daily activity on the platform, trading, and affiliate activity. You can use these points to pay less trading commissions or even pay none of it. Also, you can collect them and as soon as you collect 10000 SNAP, you can immediately exchange them to 100USDT and withdraw them from your account without any restrictions. More info on the platform and SNAP Points you can find in my previous article.
You can get your limited exclusive Bonus by just signing up with this link.
So, if you are a good trader, you are passionate about margin trading, and you don’t want to miss such an interesting and potentially profitable opportunity, then sign up on SnapEx now and prepare to get your cut of the World Trading Championship 120,000 USDT Prize Pool.