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Home News Feed Blockchain News

Matrixport Unveils Trading Competition with $40,000 USDT Prize Pool

Blockchainby Blockchain
January 6, 2025

Lawrence Jengar Jan 06, 2025 07:01

Matrixport launches its MP Perps trading competition, offering a $40,000 USDT prize pool and additional rewards such as iPhone 16 and PlayStation 5, running from January 6 to February 6, 2025.

Matrixport Unveils Trading Competition with $40,000 USDT Prize Pool

Matrixport, a prominent crypto financial services platform in Asia, has announced the launch of its Matrixport Perpetual (MP Perps) trading competition. The competition, which commenced on January 6, 2025, will run until February 6, 2025, featuring a total prize pool exceeding 40,000 USDT. Participants in the event stand to win various rewards, including high-value items such as iPhone 16 and PlayStation 5, according to Matrixport.

Reward Structure and Participation

During the competition, traders can earn trading bonuses up to 70 USDT and partake in a trading competition prize pool that could reach 30,000 USDT. The first 500 new MP Perps users who deposit 100 USDT and execute a trade exceeding 1,000 USDT are eligible for a 20 USDT trading bonus. Additionally, the top 100 traders by volume will share the prize pool, with the competition’s prize pool dynamically increasing based on trading activity. Special sessions will see the top two traders win physical prizes, including the latest tech gadgets.

Matrixport’s Commitment to Users

John Ge, co-founder and CEO of Matrixport, emphasized the company’s dedication to providing a secure and efficient trading environment. He highlighted that the MP Perps trading competition is a platform for users to demonstrate their trading prowess while enjoying substantial rewards. Ge noted that the event is designed to enhance the trading experience, showcasing Matrixport’s robust security and innovative financial products.

Features of MP Perps Trading

MP Perps trading on Matrixport offers significant leverage options up to 125x, deep liquidity, and low trading fees across over 380 advanced trading pairs. The platform supports fast coin listing, enabling users to trade diverse token futures and employ flexible trading strategies. Moreover, Matrixport provides advanced trading tools and real-time market data to aid users in making informed trading decisions.

About Matrixport

Established in 2019, Matrixport is a leading crypto financial services hub, offering a comprehensive suite of services including trading, investment, loans, and custody. With $6 billion in assets under management, Matrixport aims to deliver optimal capital efficiency and sustainable returns. The platform holds multiple licenses across jurisdictions, including Hong Kong, Switzerland, and the UK. Recognized by CB Insights and featured in the Hurun “2024 Global Unicorn List,” Matrixport continues to expand its global presence.

Image source: Shutterstock Read The Original Article on Blockchain.News

Tags: CryptocurrencyMATRIXPORTNewsTRADING COMPETITION

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