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.
The problem with most trading competitions on exchanges is that only the winners actually get paid.
You need to show crazy high returns to even get close to the finals.
A lot of the time, the prize is just bonus credits you have to ‘work off’ — or they’ll only let you withdraw profits made from trading those bonus funds within a time limit.
It’s usually way easier to join promos that pay out real dollars, guaranteed. For example, Cryptomus gives you actual cash for stuff like registration, verification, and other simple tasks.
https://app.cryptomus.com/awardsYou can use that as a deposit to trade — they even have their own exchange too.