The market is green again, and as an OG trader I know a lot of platforms could be rolling out various competitions to build liquidity and also reward users. I actually lost a lot to memecoins recently and I'm looking to build up my liquidity via bounties, competitions etc now that the market is a little bit stable hence this thread.
So for those that are familiar, how do you approach a trading competition and is there anyone ongoing that you know? You can send the links below.
So you have traded and have an account on a particular exchange where you usually trade? Usually, the exchange notifies their members via email or social media when it holds a contest or competition. You should also get a notification like that.
The most common trading competition I have encountered on an exchange is when they list a new coin or the developer of a new coin holds a trading contest. I think it will be almost the same as your experience with the meme coin.
Trade as usual with your skills, don't chase bonuses from competitions. Maybe the results are not worth your loss.