Leading global derivatives exchange Bitget today announced its bi-annual trading competition. The King’s Cup Global Invitational (KCGI) has officially started. Due to high demand since its launch, the deadline for registration has been extended. Although the main competition will start on May 20 at 05:00 (CET), participants can still register for the competition between 05:00 on 20 May and 05:00 on 24 May. KCGI 2022 will officially end on June 10 at 05:00 (CET).
When KCGI 2022 registrations officially opened on May 9, a record number of 500 registered users were registered, a positive response to the long-awaited return of the trading competition for the Bitget community. The number of users continued to grow as details of the contest continued to emerge, including the doubled prize pool as well as the various giveaways offered as prizes. To date, more than 3,000 attendees have been registered, representing a 500% increase since launch day. In light of such an overwhelming response from the community and following the momentum of popularity over the past year, the registration window has now been extended to May 24. Users who have at least 300 USDT in their savings account at the time of application are eligible to participate in this year’s KCGI.
Over 10,000 users joined during KCGI’s 2021 debut. Responses from the community were largely positive; More than 88% of users stated that they will participate in the next version of KCGI and over 79% of them will share this initiative with other traders. Trading competitions have proven to be innovative and interactive ways to build and expand existing communities in the crypto space. Along with the possibility of generating fruitful returns, it also reiterates the flexibility and endless possibilities available to traders in this space, by providing a distinct opportunity and environment for users to participate.
Bitget’s CEO, Sandra Lou, commenting on the official launch of the contest, said:
“Taking advantage of the growing influence of trading contests and the successful work of KCGI, we are creating more opportunities for our users. We will continue our efforts to offer rewarding and attractive initiatives. Most importantly, we look forward to providing more options to our users who want to diversify their investment portfolios. We are extremely pleased to see the high demand from users during the first registration period. With this unprecedented move to extend the registration deadline, we look forward to seeing the competition evolve. Let the games begin!”
For more information on KCGI, please visit https://www.bitget.com/kcgi/spring/2022.
About Bitget
Founded in 2018, Bitget is one of the world’s leading cryptocurrency exchanges. Now serving more than two million users in over 50 countries around the world, Bitget has stepped up its mission to promote decentralized finance in 2021 with a workforce of 500 people spanning over 20 countries.
Since Bitget’s official launch in the crypto derivatives market in June 2019, the platform has now become one of the largest crypto copy trading and derivatives exchanges in the world, ranking in the top five globally by CoinMarketCap and CoinGecko for derivatives trading by volume. taking. Bitget’s flagship product, One Click Copy Trade, has attracted more than 20,000 copy traders worldwide bringing innovation to the experience for crypto derivatives traders.
Adhering strictly to the philosophy of ‘Better Trading, Better Life’, Bitget aims to be the portal that transcends Web2 and Web3, connecting CeFi and DeFi, and resulting in a wide bridge, providing comprehensive services to users globally. and is committed to providing secure trading solutions to the broad crypto network. In September 2021, Bitget announced its sponsorship as the first jersey partner of world-renowned soccer team Juventus, and soon after as the official esports crypto partner of the PGL Major. Partnerships with the leading esports organization Team Spirit and Turkey’s leading and well-established football club Galatasaray were also announced in early 2022.
For more information:
- Official website: Bitget.com
- Telegram: https:// t.me/bitgetturkiye
- Twitter: https://twitter.com/bitgetturkey
- LinkedIn: https://www.linkedin.com/company/bitget-global/
