Cryptocurrency futures and derivatives exchange BloFin is known for hosting some of the best crypto trading competitions to grow and engage its community. Just recently, the platform rolled out another major trading contest called Ace of Trades.<\/p>\n
The new BloFin trading competition features one of the largest prize funds ever, with $5.6 million worth of USDT up for grabs. Interested users can compete within individual and team trading crypto segments as the contest tracks cryptocurrency futures trading.<\/p>\n
The BloFin Ace of Trades contest is a team-based crypto futures trading competition where users form groups and compete against each other based on trading volume and profit and loss percentage (PNL%).<\/p>\n\n
Here are the key dates and timeline to join the Ace of Trades USDT prize pool contest:<\/p>\n
Registration Period: February 8 \u2013 March 6, 2025 (UTC)
\nCompetition Period: February 13 \u2013 March 6, 2025 (UTC)<\/p>\n
Crypto futures trading allows individuals to speculate on the future price of tokens<\/a> and is a key offering of the BloFin exchange. By teaming up with other users and ranking on the competition leaderboard, traders can earn massive crypto trading rewards based on their team\u2019s performance.<\/p>\n While Ace of Trades is primarily a team trading crypto competition, the prize pool is split into team-based and individual rewards. This provides an additional incentive for traders to compete as they have the opportunity to win multiple crypto trading rewards.<\/p>\n A team must comprise of at least 10 members to qualify for team rewards. These rewards are divided into two categories: volume trading and PNL%. 50% of the total prize pool is reserved for the volume competition, while 30% is allocated for the PNL-based rewards.<\/p>\n For both volume trading and PNL crypto trading contests, the top 30 teams share rewards in the following manner:<\/p>\n 1st place team: 35% Additionally, every team has a team captain who can receive additional bonus crypto rewards depending on their team\u2019s placement. Aside from getting 10% of their team\u2019s USDT winnings, captains from the top three volume competition teams will receive 5,000 USDT, 3,000 USDT, and 2,000 USDT from 1st to 3rd, respectively.<\/p>\n BloFin crypto contest members can still trade crypto for rewards by participating in the individual competition segment. Like the team-based contest, the individual competitions are split into PNL and crypto trading volume rewards.<\/p>\n\n 15% of the total USDT rewards fund is reserved for individual trading volume, while 5% is reserved for the PNL competition. For both individual contests, rewards are distributed in the following manner:<\/p>\n 1st place individual: 40% Participants can track their team and individual rankings through the BloFin crypto contest leaderboard<\/a>.<\/p>\n Here\u2019s how you can sign up and participate in the BloFin Ace of Trades competition:<\/p>\n Create a BloFin Account: Visit BloFin<\/a> and click \u2018Sign Up\u2019 to set up your account. You can use an email address or connect an Apple ID or Google account. Tip:<\/strong> Read our BloFin review<\/a> to maximize your trading experience on the platform.<\/p>\n<\/div>\n<\/div>\n Let\u2019s review the most important rules for team and individual participants in the BloFin Ace of Trades contest. To first be eligible, users must reach the 10,000 USDT trading volume threshold to qualify for rewards. Copy trading volume does not count towards the competition nor for the threshold.<\/p>\n Additionally, those who choose to change teams in the middle of the competition will have their team trading volume and PNL% reset. However, this does not change their individual ranking gains. PNL% for the competition considers both realized and unrealized gains or losses.<\/p>\n With hundreds of billions of dollars of derivatives trading volume<\/a> in the market, joining the Ace of Trades competition gives traders additional earning opportunities with the $5.6 million USDT prize pool. The contest tracks PNL and futures trading volume for both individuals and teams, offering many ways to win crypto rewards.<\/p>\n Be part of one of the best crypto futures trading platforms<\/a> when you join BloFin and compete with the best futures traders through Ace of Trades. Try your best trading strategies that might help you bring home the various USDT prizes.<\/p>\n Be part of one of the most rewarding crypto competitions this year with BloFin\u2019s Ace of Trades event. Be part of a team or trade individually and get the chance to win from the massive $5.6M USDT prize pool.<\/p>\n Don\u2019t miss this opportunity! Secure your spot in BloFin\u2019s biggest competition by registering for Ace of Trades today.<\/p>\n Join \u201cAce of Trades\u201d Now on BloFin!<\/span><\/a>\n<\/p>\n BloFin Aces of Trades<\/a> (BloFin) The post BloFin Launches \u201cAce of Trades\u201d \u2013 A $5.6M USDT Crypto Trading Competition<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Cryptocurrency futures and derivatives exchange BloFin is known for hosting some of the best crypto trading competitions to grow and engage its community. Just recently, the platform rolled out another major trading contest called Ace of Trades. The new BloFin trading competition features one of the largest prize funds ever, with $5.6 million worth of […]<\/p>\n","protected":false},"author":0,"featured_media":44345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-44344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/44344"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44344"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/44344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/44345"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}How Is the $5.6M Prize Pool Distributed?<\/h2>\n
Team-Based Rewards<\/h3>\n
\n2nd place team: 15%
\n3rd place team: 13%
\n4th place team: 7%
\n5th place team: 5%
\n6th to 30th place teams: 1% for each team<\/p>\nIndividual Rewards<\/h3>\n
\n2nd place individual: 15%
\n3rd place individual: 10%
\n4th place individual: 7.5%
\n5th place individual: 5%
\n6th to 30th place individuals: 0.5% per individual<\/p>\nHow to Get Started With the BloFin Trading Competition<\/h2>\n
\nRegister for the Event: To confirm your participation, click \u2018Register Now\u2019 on the Ace of Trades event page.
\nStart Trading Futures: Open BloFin\u2019s futures trading page and start trading crypto futures within the competition dates. You can track your performance through the event\u2019s crypto trading leaderboard.<\/p>\nKey Rules & Guidelines for Competitors<\/h2>\n
Key Benefits of Joining \u201cAce of Trades\u201d<\/h2>\n
Final Thoughts \u2013 Is it Worth it?<\/h2>\n
References:<\/h2>\n
\nCryptocurrency Futures: Definition and How They Work on Exchanges<\/a> (Investopedia)
\nTop Derivative Exchanges Ranked by Open Interest<\/a> (CoinGecko)<\/p>\n