Deribit and SignalPlus Launch $200,000 Winter Trading Competition

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As a seasoned analyst with over two decades of experience in the financial markets, I must say that the Winter Trading Competition 2024 by Deribit and SignalPlus is an event not to be missed. The prize pool, prizes, and learning opportunities make it one of the most enticing crypto trading contests of the year.

Panama City, Panama, November 4th, 2024, Chainwire

In collaboration with SignalPlus, a top-tier platform for options trading dashboards and analytics, Deribit – the globally recognized Bitcoin and Ethereum options exchange – is thrilled to reveal the second installment of their Winter Trading Challenge 2024.

2021’s tournament provides contestants with a $200,000 USD prize fund, as well as other prizes like iPhones, PlayStation 5s, and more. Moreover, participants will gain from educational experiences and strategic trading workshops meant to improve their abilities, making this year’s crypto trading event the most significant and beneficial one of the season.

2024’s Winter Trading Competition invites all retail traders using their Deribit accounts for cryptocurrency options, futures, and spot trading on the SignalPlus platform to participate. Registration is now available35 days filled with exciting trading activities.

By signing up before November 5th, I’m eligible to secure the exclusive US Election Option, which is being offered as a temporary incentive. Registration will continue uninterrupted until December 9, 2024.

Luuk Strijers, CEO at Deribit, expressed his excitement about launching the second version of their trading competition in partnership with SignalPlus. Building on the impressive results from last year’s event, they are eager to elevate the competition this time around, providing more chances for competitors to demonstrate and enhance their abilities. The enthusiasm and growth observed have motivated them to broaden the scope of the contest, offering additional chances for participants to shine.

Competition Highlights:

  • Prizes and Rewards: Compete in both individual and team categories, with special bonuses for team leaders and daily prize draws.
  • Referral Program: Up to 10,000 USDC in rewards is available through a referral program for inviting others to register and trade on Deribit.com.
  • Sign-Up Incentives : Bonuses are available for all registrations, first trades, and inviting friends, with participants eligible for prizes that range from cash rewards to tech products.
  • Luxury and Variety: Participants have the chance to win various rewards, including iPhone 16s, iPads, Apple Watches, cash prizes in USDC, and travel to Thailand.
  • Prestigious Recognition: Top individual winners will earn honorary certificates, while winning teams will take home trophies.
  • Learning opportunities: Participants will also gain access to six master-level options AMAs (Ask Me Anything sessions) and Deribit’s product training hosted by industry experts, available absolutely free. These sessions are designed to elevate trading skills.

Chris Yu, a Co-Founder at SignalPlus, expressed his enthusiasm: “We’re thrilled to team up with Deribit for this groundbreaking trading competition. Our aim at SignalPlus is to elevate the trading journey via innovation, and this collaboration embodies that dedication. By integrating our cutting-edge tech with Deribit’s powerful system, we’re providing participants an exceptional chance to interact creatively with crypto options, exploring new avenues of strategy and expertise.

Competition Rules and Rewards:

  • Individual Race: Individual participants will compete through semi-final and final stages, with prizes awarded to the top 35 traders. The highest-ranking trader will earn up to 5,000 USDC.
  • Team Contest: The top five teams will win prizes ranging from 1,000 to 5,000 USDC. Additionally, each day for 35 days, one team member will win a luxurious trip to Thailand.
  • Daily Draws: For 35 consecutive days, 111 lucky participants will win cash rewards daily.
  • Daily Lucky Ranks: Every day, 9 special traders will receive prizes ranging from 10 to 300 USDC.
  • Extra Incentives: Over 10,000 bonus prizes are available for registering, inviting friends, and making your first trade – the rewards keep flowing!

Key Details:

  • Prize Pool: 200,000 USDC.
  • Registration Period: October 23rd – December 9th, 2024.
  • Competition Period: November 4th – December 9th, 2024.
  • Registration Link: https://t.signalplus.com/activities/deribit

Don’t miss out on the chance to challenge renowned traders worldwide, and embark on a thrilling path towards enticing rewards right now!

About Deribit

As a researcher delving into the world of cryptocurrency derivatives, I’ve come across Deribit – a premier, institutionally-focused platform for trading options and futures in digital assets. This exchange boasts cutting-edge infrastructure, providing instant price discovery, swift trading with minimal latency, robust risk management tools, and a vast network of leading market makers ensuring liquidity.

For more information: Official Website | Twitter | Linkedin | Telegram |

About SignalPlus

SignalPlus offers a top-tier platform for options trading, featuring risk monitoring, profit/loss evaluation, and analysis of strike prices and theta (time decay). Users can place complex multi-part trades using built-in algorithms to reduce potential losses due to slippage, and they can assess profits, risks, and exposure with advanced simulation tools, scenario analyses, and real-time evaluations. SignalPlus additionally automates delta hedging across various market conditions and delivers live trade updates via Telegram, equipping traders with the crucial information and resources required for profitable trading.

Contact

Head Of Retail
Sidrah Fariq
Deribit
sidrah@deribit.com

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2024-11-04 11:48