BETA

Bitwyre Announcement

Bitwyre Beta Private Trading Competition Leaderboard Update

- By Marketing Team

detail-annountcement

Bitwyre Beta Private Trading Competition is live, showcasing the top traders and their performances. This competition is running for a period of 2 weeks, starting May 17, 2024 to May 31, 2024. 

The top traders with the highest profit and loss (PnL) on the leaderboard will get rewards up to $2,500. We also offer rewards for traders who discover the most bugs. Each bug will get from $50 to $500, depending on the difficulty level and cruciality of the bugs found.

The competition highlights Bitwyre’s commitment to fostering an active trading community, offering a centralized crypto spot and derivatives trading platform. For the latest rankings and more details, visit Bitwyre Beta Private Trading Competition Leaderboard.

Frequently Asked Questions

Q1:When does the Trading Competition start?

A1: The competition is scheduled to commence on May 17-31, 2024.

Q2: How long will the competition run?

A2: The competition will last for 2 weeks. During this time traders are welcome to trade and share the bugs they find. 

Q3: What is required to enter before receiving USDT for Beta Trading?

A3: Participants must fill a private google form. Also, each traders is required to sign TnC Legal before they can start.

A4: Are Bitwyre internal employees allowed to participate in the private trading competition?

Q4: Bitwyre internal employees are not eligible to participate in the trading competition.

Q4: Do I need to use my own money to trade? 

A5: Bitwyre will fund each trader with $150 to trade on the platform. The fund will be staked/ locked during the competition period. 

Q5: What currency will the Profit and Loss (PnL) be in?

A6: Both volume and profit PnL should be in USD.

Q5: How are winners selected in the trading competition?

A5: The winners will be selected based on these criteria, such as the highest percentage gains or profits achieved during the competition period, overall portfolio performance, or specific trading strategies employed. 

Q: How are bug report winners selected in the trading competition? 

A: The Bitwyre team will manually assess the severity of bugs they found. Each bug report will get $50 – $500. The team is working hard to make sure we do a fair check. 

Q7: Are there any rules or guidelines that participants need to follow?

A7: Yes, participants are required to adhere to certain rules and guidelines during the crypto trading competition. These rules are mentioned in the Terms and Conditions section [Click here to read the TnC].

Q8: How frequently will the PnL leaderboard or rankings be updated?

A8: The PnL leaderboard will be updated every 24 hours.

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