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Has the bearish market got you down? Do you crave some (more positive) excitement when you’re trading? Crypto platform PrimeXBT has the perfect solution: a trading contest where everyone can participate, the prize pool is USD 10,000, and the winner gets a special non-fungible token (NFT) called the Lazy Lion NFT. Read on to learn more about what you have to do for a shot at winning either the NFT or sharing the prize pool with other lucky winners.
First off — and this may seem like a no-brainer but should still be said — you need an account at PrimeXBT. You can open one through this link, simply following the steps and you’ll be done in only a few minutes. The platform is very privacy-oriented, which means there is no forced KYC procedure, and this also significantly improves the time it takes for your account to get set up and be ready to trade. Additionally, this is the only prerequisite for participating in the contest. You don’t even need to deposit any funds in your account! Every participant gets a funded contest account from PrimeXBT to compete with other traders, which levels the playing ground so that everyone, regardless of personal holdings, gets a fair shot at winning.
However, if you want to participate, you may want to hurry up. While there is no restriction on how many contests you can join (either consecutively or at the same time), there is a restriction on how many people can participate in a single contest at any given time. In other words, once the number of participants in a contest reaches its cap, you will not be able to join. Additionally, once you join a contest, you won’t be able to leave and then rejoin with a fresh balance to get a new start — that wouldn’t be very sportsmanlike anyway!
Read more: Our All-Encompassing PrimeXBT Review (2022)
So what’s the deal with this contest? In short, all you need to do is make 50 trades at the minimum and have your turnover reach (or exceed) USDT 10m in order to qualify. After that, your position will be calculated based on your return on investment (ROI) percentage. Keep in mind, however, that no matter what your ROI% is, unless you meet the qualification criteria, you will not be considered for a prize. Once the contest is over — and it runs until May 16th — the top ten traders will get prizes, which range between USDT 5,000 for the winner and USDT 50 for tenth place. Additionally, the winner will receive the aforementioned Lazy Lion NFT!
What are you waiting for? Join the contest through your PrimeXBT account and get those trades up completely free of charge for a chance to win big! Good luck!
Special offer: Get up to USD 7,000 Bonus on Your First Deposit at PrimeXBT!
Don’t forget to join PrimeXBT / Covesting telegram community to find more information about the Trading terminal, Copy trading module and how to save up to 25% of your commission with COV token and other token utilities!