BloFin is bringing traders another major event with the launch of its latest team-based competition, Ace of Trades. Participants have the chance to compete for a massive prize pool of up to $5.6M USDT, making it one of the largest trading events to date.
The registration period runs from February 8 at 13:00 UTC to March 6 at 13:00 UTC, and the competition will take place from February 13 at 13:00 UTC to March 6 at 13:00 UTC.
The prize pool is structured to reward both team and individual performances across trading volume and PNL%. The breakdown is as follows:
Team-Based Rewards
50% allocated to team trading volume rankings:
- 1st place: 35%
- 2nd place: 15%
- 3rd place: 13%
- 4th place: 7%
- 5th place: 5%
- 6th–30th place: 1% each
30% allocated to team PNL% rankings:
- 1st place: 35%
- 2nd place: 15%
- 3rd place: 13%
- 4th place: 7%
- 5th place: 5%
- 6th–30th place: 1% each
To be eligible for the rewards, there are rules each team must follow. Each team must have at least 10 members, including the captain, to participate in the team trading volume and PNL% competitions. Teams with fewer than 10 members can still compete in individual categories but will not qualify for team-based rewards. If a team reaches 10 members after the competition begins, its data will only start accumulating from that point onward.
Team trading volume includes the total trading activity of all members, while team PNL% is determined by averaging the PNL% of the top 10 qualifying members (PNL% > 0 and a trading volume of at least 10,000 USDT).
Individual-Based Rewards
15% allocated to individual trading volume rankings:
- 1st place: 40%
- 2nd place: 15%
- 3rd place: 10%
- 4th place: 7.5%
- 5th place: 5%
- 6th–50th place: 0.5% each
5% allocated to individual PNL% rankings:
- 1st place: 40%
- 2nd place: 15%
- 3rd place: 10%
- 4th place: 7.5%
- 5th place: 5%
- 6th–50th place: 0.5% each
Individual rankings are based on total trading volume and PNL% performance. Participants must trade at least 10,000 USDT in futures to qualify for rewards. Users who switch teams will have their team competition data reset but will retain their individual performance records.
It is worth noting that rewards will be credited within 7 business days following the competition’s conclusion. PNL% calculations include both realized and unrealized gains or losses. Final rankings will be verified and reviewed after the event.
The Ace of Trades competition offers traders an opportunity to test their skills in a high-stakes environment while competing for one of the largest prize pools available. With rewards distributed across multiple performance metrics, teams and individuals alike have an opportunity to participate and earn generous rewards.
How to Participate in the Ace of Trades Competition
Participating in this rewarding competition is straightforward. Here’s how to do it:
- Create BloFin account.
- Join an existing team or create your own.
- Start trading as much as possible to maximize rewards.
- Climb the leaderboard.
- Claim your prize within 7 business days following the competition’s conclusion.
Visit BloFin to start trading and win prizes!
