BitMEX Launches $310K Trading Competition
BitMEX has launched its "Market May-hem" trading competition, offering a substantial 310,000 USDT prize pool to engage traders worldwide. Running from May 8 at 11:00 AM UTC to May 31 at 11:59 PM UTC, the competition invites participants to showcase their trading prowess across various metrics. The prize distribution is structured to reward the top 100 traders in three categories: 80% of the pool for highest trading volume, and 10% each for highest profit and loss (PnL) and highest return on investment percentage (ROI%). Additionally, new traders can vie for a separate 10,000 USDT prize pool based on their trading volume.
To participate, traders must be fully verified on the BitMEX platform. In conjunction with the competition, BitMEX is offering fee-free trades on all its spot pairs until May 23, aiming to attract a broader user base and enhance trading activity.
BitMEX, recognized for its robust security measures and commitment to transparency, continues to publish on-chain Proof of Reserves and Proof of Liabilities data twice a week. This initiative underscores the exchange's dedication to maintaining user trust and promoting a secure trading environment.
