Bityard to Launch Its First Global Trading Contest

Singapore-based crypto trade Bityard will launch its first buying and selling contest earlier than May 2021, with up to 60,000 Tether (USDT) in rewards. The contest registrations are actually open.

As mainstream cryptocurrencies corresponding to Bitcoin and Ethereum proceed growing in worth, an increasing number of funding establishments and main firms are flooding the crypto market.

So far, the Bitcoin bull market has proven no indicators of ending, and a few persons are anticipating Bitcoin to hit as high as $400K by the tip of this yr. The steady bull market additionally boosts the variety of lively crypto buyers, which is an excellent signal for crypto exchanges typically.

Bityard, a Singapore-based cryptocurrency derivatives trade, will quickly launch its first world buying and selling contest with up to 60,000 USDT prize pool earlier than May 2021, and the competition registration for every crew’s captain is now open on the Bityard official website.

The buying and selling contests launched by crypto exchanges often add to their consumer acquisition whereas concurrently spicing up the general buying and selling expertise on their respective platforms.

Note that Bityard is just not the primary crypto trade to launch a buying and selling contest. Last yr, Bybit, one other giant crypto derivatives trade, held a grand contest too. Dubbed the World Series of Trading (WSOT), this content material got here with a grand prize pool that attracted greater than 12K world merchants. 

Bityard is launching the buying and selling sport for world crypto buyers, particularly newcomers, to have interaction in buying and selling crypto belongings.

As the market retains rising, there might be a rising variety of funding firms and retail merchants coming into the business, which is able to additional inspire crypto exchanges like Bybit and Bityard to plan thrilling buying and selling events for his or her customers.

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About the Author: Daniel