BitMEX, recognized as one of the most secure cryptocurrency exchanges, has unveiled an exciting new initiative aimed at engaging traders. The Trick or Trade Trading Competition promises participants a chance to win from a substantial prize pool totaling 3 BTC, along with various other rewards including TradingView subscriptions and Marriott gift cards. The publication demonstrates positive momentum in the developments surrounding this competition.
Competition Dates and Accessibility
The competition is set to take place from October 22, 2025, at 9:00 AM UTC until November 14, 2025, at 11:59 PM UTC. Traders can enter the competition at any point during this period, making it accessible for both seasoned and new users alike.
Leaderboard Categories and Prize Distribution
Rewards will be allocated based on three distinct leaderboards:
- The Highest Trading Volume category will account for 80% of the total prize pool.
- The Highest PnL category will receive 10% of the total prizes.
- The Highest ROI category will also receive 10% of the total prizes.
Additional Incentives for New Traders
In addition to the main competition, new traders joining BitMEX can compete for a share of an extra 10,000 USDT prize pool, which is also determined by their trading volume. Furthermore, new users can take advantage of a welcome offer that includes over 5,000 USDT in trading credits. To be eligible for participation, new customers must complete the full verification process on the BitMEX platform. Detailed information regarding the competition and registration can be found on the BitMEX website.
In a recent warning, economist Peter Schiff cautioned Bitcoin investors about the risks of a potential selloff that could destabilize the market. This comes as BitMEX launches its Trick or Trade Trading Competition, highlighting contrasting sentiments in the crypto space. For more details, see Schiff's warning.
