Wednesday, January 19

$100K Battle: PrimeXBT debuts new contest module

Traders love to compete and, as highly competitive beings, they don’t just like to win; they want to brag about it when they’re done. But the high-risk, high-bet, high-reward trading game isn’t always the easiest to get into.

Making trading fun and positive and stress free is just one of the ways PrimeXBT is changing the game for the trading community. Its latest development, the new Contests module, was made just for that.

Here’s a closer look at the new module the award-winning trading platform has just announced and why it’s such a big deal for traders.

New contests module to create competition, new legends

PrimeXBT is an award-winning margin trading platform known for not only creating competition, but also creating some of the most legendary traders in the community through the competitive nature of the Covesting global leaderboards.

Much like the copy trading module allowed new ways for the trading community to interact with each other, the new Contests module will innovate differently.

The competition remains at the forefront of competitions; however, the environment is friendly and risk-free. The purpose of the Contests module is to attract and educate novice traders and welcome them to the trading community, highlight professional traders by allowing them to showcase their skills more broadly and allow partners to build engagement-oriented branded trading competitions and building public.

Big Trading Competition To Start With $100,000 In Prizes

Anyone can enter the contests through the new module for a chance to win. The first official contest will be organized by PrimeXBT, dubbed the Great Trading Contest, where up to $100,000 will be given away in total prizes.

First place wins up to $50,000, second place up to $20,000 and third place up to $10,000. In total there will be 10 winners per contest with prizes ranging between $500 and $7,000 for those who don’t make the podium.

More Information About PrimeXBT Contests To Be Unveiled Soon

PrimeXBT promises that more details will be revealed soon, and more information about what the Contests module offers is available on the company’s official blog. There, the company regularly shares updates on its growing list of services and assets, all available under a single account.

Some of the latest updates include seven new popular altcoins, a new native iOS app for Apple devices, and the Covesting Income Account service that offers variable APY of up to 10% when staking out idle crypto assets via a direct connection to DeFi dapps.