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Has the bear market affected you? Do you crave motivation when trading? The crypto platform PrimeXBT has the perfect solution: a contest of trading where everyone can participate with a prizepool of US$10,000. The winner will receive a unique non-fungible token (NFT) called Lazy Lion NFT. Read on to find out more about what you need to do to be in with a chance to win this NFT or get a chance to share the prize pool with other lucky winners.
First (and this may seem obvious) you need an account on PrimeXBT. You can open one via this link, by simply following the steps to follow. the operation will only take a few minutes. The platform takes confidentiality very seriously, which means that there is no mandatory know-your-customer (KYC) procedure. This drastically reduces the time it takes to set up your account. trading. Moreover, this is the only prerequisite for participation in the contest. You don’t even need to deposit any funds into your account! Each entrant receives a contest account funded by PrimeXBT to compete against other traders, making the contest fair and allowing everyone, regardless of their personal holdings, a chance to win.
However, if you want to participate, you better hurry. Although there is no restriction on the number of contests you can enter (consecutively or at the same time), there is a restriction on the number of people who can enter a single contest at any given time.
In other words, once the number of participants in a competition reaches its cap, you will no longer be able to participate. Also, once you join a contest, you won’t be able to quit and then rejoin with a new record to get a fresh start — that wouldn’t be very sporty anyway!
So, what do you need to do to participate in this contest? In short, all you need to do is make a minimum of 50 trades and bring your turnover reach to (or exceed) 10 million USDT to qualify.
After that, your position will be calculated based on your return on investment (ROI) percentage. Keep in mind though that regardless of your ROI percentage, unless you meet the qualifying criteria, you will not be qualified to receive a prize.
Once the contest is over (it runs until May 16, 2022) the top ten traders will receive prizes, which range from $5,000 for the winner to $50 for tenth place. In addition, the winner will receive the NFT Lazy Lion mentioned above!
So, to wait any longer? Join the contest through your PrimeXBT account and start trading for free for a chance to win big! Good luck!
Don’t forget to join the PrimeXBT / Covesting community on Telegram to find more information about the trading terminal, the copy-trading module and how to save up to 25% of your commission with the COV token and other token utilities!