press release
PRESS RELEASE. Singapore crypto exchange Bityard will launch its first trading contest before May 2021, with up to 60,000 Tether prize pool. The contest registration for each team’s captain is now open.
As mainstream cryptocurrencies such as Bitcoin and Ether have been increasing gradually in value, more and more investment institutes and major companies have flooded into the crypto market. So far, the Bitcoin bull market has shown no sign of ending, and some people are expecting Bitcoin to hit $400K this year. The continuous bull market also boosts the number of active crypto investors, which is a very good sign for many crypto exchanges.
Bityard, a Singapore based cryptocurrency derivative exchange, will soon launch its first global trading contest with up to 60,000 USDT prize pool before May 2021, and the contest registration for each team’s captain is now open on Bityard’s official site. The trading contests launched by crypto exchanges would improve the user acquisition for those exchanges and would also spice up the trading experiences.
Furthermore, Bityard is not the first crypto exchange to launch trading contest. Last year, Bybit, another large crypto derivative exchange, according to Coinmarketcap, held a big contest – World Series of Trading (WSOT) with a great prize, which had attracted more than 12K global traders to join the contest.
This time, Bityard launch the trading game for global crypto investors, especially newcomers, to engage more people in trading crypto assets. As the market keeps growing, there will be a rising number of investment companies and retail traders entering the industry, which will further motivate crypto exchanges like Bybit and Bityard to plan exciting trading events for their users.
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