November 4, 2024, marks a significant milestone for cryptocurrency enthusiasts as Deribit, the world-renowned Bitcoin and Ethereum options exchange, joins forces with SignalPlus, an innovative options trading analytics platform. Together, they are launching the Winter Trading Competition 2024, featuring an impressive prize pool of $200,000 USDC along with a myriad of exciting rewards, including cutting-edge tech gadgets and luxury bonuses. This contest not only invites traders to compete for substantial financial rewards but also aims to enrich participants through educational opportunities and practical trading sessions.
Open to all retail traders using Deribit accounts on the SignalPlus platform, this year’s competition promises to be even bigger and more engaging than the previous edition. Registration is now underway and will remain open until December 9, 2024, culminating in 35 days of exhilarating trading action.
An intriguing aspect of this year’s competition is the US Election Registration Bonus, an incentive that encourages participants to register early. Those who sign up by November 5 will be eligible for a unique US Election Option, highlighting the competition’s creative approach to engaging traders. The aim is to foster a sense of urgency and excitement, further motivating traders to hone their skills and actively engage in the marketplace.
The competition’s structure allows for a variety of trading styles and strategies, ensuring that everyone, from novices to seasoned professionals, finds their niche. This inclusivity reflects Deribit’s commitment to expanding the crypto trading community and providing platforms for sharing knowledge and skills.
The Winter Trading Competition is not just about prizing cash; it’s also about recognition and learning. Traders can participate in both individual and team categories, and excitingly, team leaders will be rewarded with special bonuses. Daily prize draws are an added layer of thrill, where lucky participants can consistently earn rewards on top of their competition efforts.
For those who are more socially inclined, a referral program is in place, offering up to 10,000 USDC for encouraging others to register. This move enhances community engagement and creates a network of like-minded traders eager to share their experiences.
Rewards are luxurious and varied, as participants can vie for prizes such as the latest iPhone models, Apple Watches, cash in USDC, and even travel opportunities to exotic locations like Thailand. Such rewards reflect the competitive nature of modern trading, where every participant is motivated by both financial gain and prestige.
In addition to financial rewards, the competition emphasizes learning and skill enhancement. Participants will gain access to expert-led master classes, offering insights into options trading through AMA sessions and training modules. These initiatives are designed to elevate trading competencies, allowing participants to learn from industry leaders and apply advanced strategies in real-time. Such opportunities can be invaluable for traders seeking to refine their techniques and achieve greater success in the volatile crypto landscape.
Chris Yu, Co-Founder of SignalPlus, emphasized their dedication to improving the trading experience through innovative solutions. By merging their technology with Deribit’s robust trading platform, they are committed to pushing the boundaries of traditional trading practices, thereby enabling a more interactive and engaging contest atmosphere.
Traders in the Winter Trading Competition will need to navigate both individual and team dynamics. The individual race features semi-final and final stages, rewarding the top 35 traders with significant cash prizes. The highest-ranked trader stands to win an impressive 5,000 USDC, providing a substantial motivation for participants to demonstrate their trading prowess.
In the team contest, the top five teams will vie for prizes ranging from 1,000 to 5,000 USDC. Interestingly, each day throughout the competition period, team members will have the chance to win luxury trips to Thailand, adding a delightful twist to the competitive atmosphere.
Daily draws will keep traders on their toes, with 111 cash prizes awarded daily to lucky participants. Furthermore, daily lucky ranks will ensure that even more traders can receive amounts ranging between 10 and 300 USDC, ensuring that everyone has a shot at winning something meaningful.
In essence, the Winter Trading Competition 2024 presents a thrilling prospect for crypto traders globally. With a significant prize pool, luxurious rewards, and crucial learning opportunities, it encapsulates the vibrant spirit of the cryptocurrency community. As registrations continue until December 9, aspiring traders are encouraged to seize this chance to enhance their skills, compete against others, and possibly emerge victorious from this exhilarating trading experience.
For more details and to register, prospective participants can visit the dedicated link provided, ensuring they don’t miss out on what promises to be the most rewarding crypto trading contest of the year.