According to a recent tweet posted by Bitget CEO Sandra Lou, the exchange is preparing for its annual trading competition. Although the details of this contest have not been officially disclosed yet, people familiar with the matter say that the total prize pool will be as high as 100 BTC, and the registration is expected to start in mid to late October. Total Prize Pool: 100 BTC The trading competition is called “King’s Cup Global Invitational”, indicating that it is a major event for elite traders worldwide and will be held under the principle of unity, fairness and competitiveness. In addition to the 100BTC prize pool, Bitget plans to distribute 5 million BGB (its platform token) as an additional benefit and original NFTs as merchandise custom-made for this contest. For fairness, the competition will be divided into Team Battle and Individual Competition. All eligible users can apply to become a Captain. Teams with a minimum of 30 players will be qualified to participate in Team Battle. Team members can also register for Individual Competition, which means they have the chance to receive a double bonus if they win in both sessions. The detailed rules and prize distribution method of the Team Battle and Individual Competition remain unknown. The 5 million BGB prize pool is also worthy of expectations. According to the source, Bitget set up the prize pool as a thank-you gift for users who actively engage with...
