Gate.io, a global cryptocurrency exchange, is set to host the fourth season of its World Cup Trading Competition (WCTC S4) starting from March 31. This periodic competition aims to bring together international crypto traders to test their trading skills and compete for huge prizes. In this event, participants will compete in individual and team-based competitions to claim the title of the best spot or futures trader.
WCTC S4 will be held in four stages: the Reservation Stage, Early Bird Registration, Official Registration, and the Official Competition. The Reservation Stage will be held from March 7 to March 20, 2023, while the Early Bird Registration will run from March 21 to March 23, 2023. The Official Registration will take place from March 24 to April 24, 2023, and the Official Competition will commence from March 31 to April 27, 2023.
Competitors will be ranked based on two criteria: total profit value and total trading volume. Prizes will be awarded to the top traders or teams in each category. The rewards will be divided among the top 1000 traders, with the first, second, and third spots receiving the most significant prizes. For team-based competitions, team captains can receive an additional bonus of up to $5,000 USDT. In addition to the main prizes, several other bonus prizes will be available for early bird registrants and competitors who meet specific trading volume milestones.
The total prize pool for WCTC S4 increases with the number of participants, up to a maximum of $5 million. This amount will be split as follows: 70% for the futures team competition, 20% for the futures individual competition, and 10% for the individual spot individual competition.
WCTC S4 is expected to attract many traders of every skill level who will compete to become the champion and claim a prize. Previous competitions have attracted thousands of traders, with over 50,000 traders competing to date.
Overall, Gate.io's World Cup Trading Competition Season 4 is set to be a highly competitive and exciting event for traders worldwide, offering a chance to test their skills, compete against others, and win significant prizes.
