Bithumb announced on June 5 that it will hold the second round of its 'Bithumb Trading King' competition, where the maximum prize increases based on transaction volume, until June 16.
The 'Bithumb Trading King' competition awards a portion of the transaction amount as prize money to the top 20 participants for each virtual asset, based on cumulative trading volume. The more active the trading, the larger the potential prize, which is a key feature of this event.
In fact, during the first competition, a total of 833.52 million won was distributed as prize money. The first-place winner for Worldcoin (WLD) received approximately 43 million won.
The second competition runs from 11:00 a.m. on June 3 to 11:59 p.m. on June 16. Participants can join via a link in the Bithumb notice section. Compared to the first competition, the number of prize recipients has increased from 460 to 600, allowing more participants to receive rewards.
The eligible virtual assets include a total of 30 types, such as BNB, USD Coin (USDC), and ADA. Winners will be announced on June 23, and prize distribution will take place by July 6 following the announcement.
Participants who trade using maker orders (limit orders) will also receive the 'Trading King Maker Reward.' During the competition period, 0.05% of the amount executed via maker orders will be awarded as separate points. Each member can receive up to 3 million points per virtual asset. These points will be distributed in a lump sum on June 30 and cannot be combined with existing membership points.
Further details regarding the '2nd Bithumb Trading King' competition can be found in the Bithumb notice section.
Kim Younghoon, Chief Customer Strategy Officer at Bithumb, stated, "The Bithumb Trading King event was designed to expand rewards based on real trading activity and to enhance user accessibility and interest in various virtual assets," adding, "We will continue to expand a variety of events and experiential programs to create a customer-centric trading environment."
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