Cryptocurrency derivatives platform BloFin is recognized for hosting engaging trading competitions. They have just launched a new trading contest called Ace of Trades.
The competition features one of the largest prize funds ever at $5.6 million USDT. Participants can join as individuals or teams in trading crypto futures.
What Is the BloFin “Ace of Trades” Competition?
The Ace of Trades contest is a team-oriented competition based on trading volume and percentage of profit and loss (PNL%).
Contest Image
Key Competition Dates:
- Registration Period: Feb 8 – Mar 6, 2025
- Competition Period: Feb 13 – Mar 6, 2025
Crypto futures allow users to speculate on the price movement of tokens, a key offering of BloFin. By joining in teams and competing on leaderboards, traders can gain considerable rewards based on their performance.
Prize Pool Distribution
Even though Ace of Trades is mainly a team competition, the prize pool consists of both team and individual rewards, encouraging more participation.
Team Rewards
Teams must have at least 10 members to be eligible for rewards, which include:
- 50% for volume-based competition
- 30% for PNL-based rewards.
The top 30 teams divide rewards as follows:
- 1st place: 35%
- 2nd place: 15%
- 3rd place: 13%
- 4th place: 7%
- 5th place: 5%
- The remaining teams each receive 1%.
Team captains can earn bonuses linked to their team’s performance.
Individual Rewards
Participants can also earn rewards individually based on trading volume and PNL:
- 15% of the total fund for individual volume trading
- 5% for PNL.
To track performance, participants can check the BloFin leaderboard.
How to Join the Competition
- Create a BloFin Account: Go to BloFin to set up your account.
- Register for the Event: Confirm your participation by clicking ‘Register Now’ on the event page.
- Start Trading: Begin trading futures during the competition.
Key Guidelines
Participants must achieve a minimum trading volume of 10,000 USDT to qualify for rewards. Changing teams resets trading volume and PNL% but does not affect individual rankings.
Conclusion
Join the Ace of Trades event on BloFin for a chance to win from the $5.6M USDT prize pool. Don’t miss out!
