Categories: Press Release

BTCMEX launches Bull Race with $45,000 prize pool as the Bot Race ends

The Bot Race, an API only trading competition, launched by BTCMEX in January saw the exchange gain a record number of traders and increased its trading volume two-fold, consolidating its position as one of the top 10 crypto derivatives exchange worldwide.

Advertisement

The Competition saw hundreds of API traders from all over the world battle for the top spots and saw two contestants win the 3 following prizes; Kijitora from Japan won the PNL(%) prize with over 1900% in gains and the Trading Volume prize with over 52 Million USD in trading volume, the last contestant, THLBot, won the profit prize with over 2.5 BTC in earnings.

Following its success, the company has just announced that the event will now be held every two months, and that it is looking forward to increase the number of competitions it will hold in the near future starting with a new global competition named the Bull Race which will start in February and have up to $45,000 in prizes. The new competition will be global and open to both API and manual traders.

Bull Race will start on February 8, at 12 p.m. (UTC+8) and will feature a total prize of up to $45,000 given in Bitcoin at the end of the competition. The Bull Race will use 100x BTC/USD perpetual contracts, and will last 2 weeks during which traders will compete over two different prizes; PNL, Volume.  For more information go to:  https://www.btcmex.com/bullRace

BTCMEX is a Crypto Derivatives exchange offering 125x leverage for BTC and USDT perpetual contracts. The platform launched in 2019, has grown over the last year to be one of the top exchanges worldwide with its signature low fees, deep liquidity, low slippage, and uninterrupted operations. Following major platform updates, the company has now announced its intentions to expand to new markets and hold more events benefiting its users.

Guest Author

This author could be anybody, but he/she is not a member of staff coingape.com and opinions in the article are solely of the guest writer and do not reflect Coingape's view.

Recent Posts

Ethereum Price hits ATH, ETH/BTC Pair Reach 3-Year High

Ether (ETH) recorded a new ATH today reaching $2,593 after surging nearly 10% for the…

10 hours ago

HORD Announces Quadruple Token Sale Via IEO and IDO

Tortola, BVI, 22nd April, 2021, Hord, the provider of dynamic ETFs via decentralized smart contracts,…

11 hours ago

Deutsche Boerse Won’t Delist Coinbase Share After Exchange Offers Reference Code

Deutsche Boerse has decided against the delisting of Coinbase Inc shares from its Xetra and…

13 hours ago

Turkish Agency Opens Investigation Against Crypto Exchage Thodex Over Alleged $2B Fraud

Thodex, a popular crypto exchange in Turkey is currently under investigation for alleged exit fraud…

16 hours ago

Binance May Face Investigation by European Regulators for Offering Stock Tokens

Binance crypto exchange recently started offering fractional tokenized shares of Tesla and Coinbase allowing customers…

17 hours ago

Elon Musk And Jack Dorsey Agree Bitcoin Is Key to Renewable Energy Adoption

Jack Dorsey led Square Inc along with Ark Investment released a White paper on Bitcoin's…

19 hours ago