Cryptocurrency futures and derivatives exchange BloFin is known for hosting some of the best crypto trading competitions to grow and engage its community. Just recently, the platform rolled out another major trading contest called Ace of Trades.
The new BloFin trading competition features one of the largest prize funds ever, with $5.6 million worth of USDT up for grabs. Interested users can compete within individual and team trading crypto segments as the contest tracks cryptocurrency futures trading.
What Is the BloFin “Ace of Trades” Competition?
The BloFin Ace of Trades contest is a team-based crypto futures trading competition where users form groups and compete against each other based on trading volume and profit and loss percentage (PNL%).
Here are the key dates and timeline to join the Ace of Trades USDT prize pool contest:
- Registration Period: February 8 – March 6, 2025 (UTC)
- Competition Period: February 13 – March 6, 2025 (UTC)
Crypto futures trading allows individuals to speculate on the future price of tokens and is a key offering of the BloFin exchange. By teaming up with other users and ranking on the competition leaderboard, traders can earn massive crypto trading rewards based on their team’s performance.
How Is the $5.6M Prize Pool Distributed?
While Ace of Trades is primarily a team trading crypto competition, the prize pool is split into team-based and individual rewards. This provides an additional incentive for traders to compete as they have the opportunity to win multiple crypto trading rewards.
Team-Based Rewards
A team must comprise of at least 10 members to qualify for team rewards. These rewards are divided into two categories: volume trading and PNL%. 50% of the total prize pool is reserved for the volume competition, while 30% is allocated for the PNL-based rewards.
For both volume trading and PNL crypto trading contests, the top 30 teams share rewards in the following manner:
- 1st place team: 35%
- 2nd place team: 15%
- 3rd place team: 13%
- 4th place team: 7%
- 5th place team: 5%
- 6th to 30th place teams: 1% for each team
Additionally, every team has a team captain who can receive additional bonus crypto rewards depending on their team’s placement. Aside from getting 10% of their team’s USDT winnings, captains from the top three volume competition teams will receive 5,000 USDT, 3,000 USDT, and 2,000 USDT from 1st to 3rd, respectively.
Individual Rewards
BloFin crypto contest members can still trade crypto for rewards by participating in the individual competition segment. Like the team-based contest, the individual competitions are split into PNL and crypto trading volume rewards.
15% of the total USDT rewards fund is reserved for individual trading volume, while 5% is reserved for the PNL competition. For both individual contests, rewards are distributed in the following manner:
- 1st place individual: 40%
- 2nd place individual: 15%
- 3rd place individual: 10%
- 4th place individual: 7.5%
- 5th place individual: 5%
- 6th to 30th place individuals: 0.5% per individual
Participants can track their team and individual rankings through the BloFin crypto contest leaderboard.
How to Get Started With the BloFin Trading Competition
Here’s how you can sign up and participate in the BloFin Ace of Trades competition:
- Create a BloFin Account: Visit BloFin and click ‘Sign Up’ to set up your account. You can use an email address or connect an Apple ID or Google account.
- Register for the Event: To confirm your participation, click ‘Register Now’ on the Ace of Trades event page.
- Start Trading Futures: Open BloFin’s futures trading page and start trading crypto futures within the competition dates. You can track your performance through the event’s crypto trading leaderboard.
Tip: Read our BloFin review to maximize your trading experience on the platform.
Key Rules & Guidelines for Competitors
Let’s review the most important rules for team and individual participants in the BloFin Ace of Trades contest. To first be eligible, users must reach the 10,000 USDT trading volume threshold to qualify for rewards. Copy trading volume does not count towards the competition nor for the threshold.
Additionally, those who choose to change teams in the middle of the competition will have their team trading volume and PNL% reset. However, this does not change their individual ranking gains. PNL% for the competition considers both realized and unrealized gains or losses.
Key Benefits of Joining “Ace of Trades”
With hundreds of billions of dollars of derivatives trading volume in the market, joining the Ace of Trades competition gives traders additional earning opportunities with the $5.6 million USDT prize pool. The contest tracks PNL and futures trading volume for both individuals and teams, offering many ways to win crypto rewards.
Be part of one of the best crypto futures trading platforms when you join BloFin and compete with the best futures traders through Ace of Trades. Try your best trading strategies that might help you bring home the various USDT prizes.
Final Thoughts – Is it Worth it?
Be part of one of the most rewarding crypto competitions this year with BloFin’s Ace of Trades event. Be part of a team or trade individually and get the chance to win from the massive $5.6M USDT prize pool.
Don’t miss this opportunity! Secure your spot in BloFin’s biggest competition by registering for Ace of Trades today.
Join “Ace of Trades” Now on BloFin!
References:
- BloFin Aces of Trades (BloFin)
- Cryptocurrency Futures: Definition and How They Work on Exchanges (Investopedia)
- Top Derivative Exchanges Ranked by Open Interest (CoinGecko)
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