Post
Topic
Board Trading Discussion
Re: What's in it for crypto on this halloween?
by
slaman29
on 30/10/2024, 08:36:16 UTC
Trade competition I mean... Sorry to confuse things a bit for you. Grin

As more CEXs hold these at Halloween events maybe this is what futures trading is all about... Where each CEX offers a different prize allocation.

Yeah every trader wants to win just want to get a little prize... Or those who often trade in futures as well as participate in this competition event.

Don't know if anyone won from the trading competition?
It seems like it's more difficult. Cheesy


No no you did not confuse me this is exactly what I mean, the CEX competitions where you have to trade as much as possible, the biggest turnovers win. Those are rigged, you lose on commissions and fees every time turnover, so you actually have to be very profitable on trades just to pay for fees.

Actually non crypto CEXs usually do a more profit based competition, but its still rigged anyhow. My point was, those are nonsense comps, not for anyone like us. I bet you don't know if anybody from this forum won net positive right? I can tell you right now: nope Smiley