PrimeXBT is an award-winning fintech company established in 2018. PrimeXBT is a dynamic multi-asset trading platform.
An intuitive user interface makes its products easy to use. It also offers a diverse set of features that are designed to the needs of all kinds of investors and traders, irrespective of their experience levels.
The service suite includes a cryptocurrency wallet, a margin trading platform, yield-generating accounts, a trading academy, and much more. To solve queries in the shortest possible time, PrimeXBT provides the best customer service to its users.
PrimeXBT is one of the most innovative players and a fast-moving company in the trading platform industry.
Did you know, Prime XBT is launching a Grand Trading Competition with a prize pool of $100,000!
On November 29, 2021, PrimeXBT announced the launch of the first-ever Grand Trading Competition with up to $100,000 in prize award on their platform in order to fast track the onboarding process of the new user to the contest module.
With the help of the contest module, PrimeXBT users, traders, and investors can participate in a variety of multi-asset trading competitions which will be hosted on a weekly and monthly basis, directly on the trading platform.
No deposit, no entry fee, and no starting capital is required by the platform as a prerequisite for participating in the trading competition which makes it absolutely risk-free for the investor, users, and traders.
Virtual funds will be deposited by the platform to the participating user’s wallet.
The $100,000 prize amount will be shared amongst the top ten best performing traders. The first-place winner will receive a whopping $50,000 reward, while the second-place runner-up will receive $20,000 and third place will get $10,000. Based on relative ranking, all other winners will be rewarded with prizes between $500 and $7,000.
Deep Dive into PrimeXBT’s Contest module
The purpose of the contests module is to inspire friendly competition amongst the trading community.
A plethora of market options and tools are available for the trader to choose from. The market options include forex trading, cryptocurrency, metals, oil, and even stock indices.
A rank-based global leaderboard system will be provided by the platform in order to display real-time market trading performance data to all its participant users.
The rewards will be provided to only those users who can beat the opponent trader and achieve the highest ROI (Return on Investment).
How can you join PrimeXBT’s Contests and eventually become a multi-asset trader?
Step#1. Log-in/ Sign-up (Register) with the help of the Email address and Password.
Step#2. To go through all the active (ongoing) and upcoming competitions – click on “Contests” in the main platform menu.
Step#3. Choose the contest you are most interested in. To join the competition – click on the “Join” button. The “View” button helps the user to see how other competitors are performing in the competition.
Step#4. Enter the user nickname for each contest. Before entering the competition, make sure that the minimum qualification requirement is met and also satisfies the minimum condition required to participate and claim rewards.
Step#5. Click the “trade” button to get going. As the competition begins, users can view the real-time leaderboard ranking for all participants based on trading performance which means the highest ROI (Return on investment)
Step#6. The “My Contests” tab will help the user to find more information about the contests, how many people are in the competition, their rank in the competition, the user’s turnover, and trades.
After the competition is finished, winners will receive an informative email regarding claiming their reward.
How does the Contest Module benefit you?
This contest is a great opportunity for a beginner trader who is looking to start a career in trading or an experienced trader who has a fair amount of understanding about trading, to get a comprehensive hands-on experience of the product.
The platform requires no KYC, making the onboarding process easier for traders. There is absolutely no risk of losing all your funds while trading in this competition. This is a virtual trading competition only with virtual funds but the reward prize amount will be paid in actual fiat currency (USD).
Beginner-level traders will get the chance to learn and educate themselves about the diverse range of trading strategies practiced in the virtually simulated markets, without the risk of losing funds at the very beginning.
On the other hand, experienced professional traders will get a chance to show off and practice their skills in a secure risk-free simulated trading environment. This will encourage the audience, newcomers, and partners to participate and engage with the platform.
Finally To Conclude…
PrimeXBT offers one of the most secure trading platforms. Users can flawlessly access different markets and multiple asset trading features available on the platform.
Regardless of your background, if you possess a true passion for the trading markets, don’t wait, sign up right now for the competition.
And, if you are interested in learning more about the multi-asset markets, then you must learn by doing or rather trading on the PrimeXBT simulated competitive trading platform.
No matter what, you must join the Grand Trading Competition today to grab a piece of the $100,000 prize pool!