Trading Competitions are a great way to earn passive income while learning how to trade cryptocurrencies on centralised exchanges. These contests have proven to be an effective tool of attracting and retaining newcomers in the crypto space. LATOKEN is one of the top exchanges that launches up to five competitions every day, with average rewards totalling $5000 per contest. That’s right; traders can win a share of $15,000-$25,000 every day on LATOKEN exchange.
What are the basic rules?
Trading competitions on LATOKEN are open to all KYC level-2 users. Competitions can have various reward structures ranging from rewards for all eligible traders to large rewards for top traders. Reward amount is almost always based on the user’s trading volume:
Quantity of tokens bought + Quantity of tokens sold
Oportunities are provided to all sizes of traders, some competitions have fixed ranks that get selected as winners. Here’s an example of such a Trading Competition (example)
For the sake of fair-play, LATOKEN strictly discourages trades made through duplicate accounts and disqualifies participants over similar unethical practices.
Should you participate in Trading Competitions?
Trading contest is a great learn & earn tool. Rules are easy to understand hence crypto users get a chance to learn and even become a skilled trader – all while earning money at the same time! Trading of crypto assets is risky and should be done with caution, so LATOKEN shall not be held responsible for losses.
For more information about new cryptocurrencies, read our post 1k New Cryptocrurrencies.
Are you ready to be part of our trading competitions on LATOKEN Exchange? Start today!
- Ranked #2 worldwide in the startup tokens primary market with 220+ IEO’s since 2017.
- Has over 2 mln registered users, over 1 mln Android app installs.
- Is in the TOP 10 of CoinGecko rank by the amount of token pairs and coins listed.
- VCTV, a live streaming panel with high-profile industry leaders, produced over 500 shows to advise traders and investors how to navigate the crypto world with discussions, news updates, and interviews.
- Advisory Board includes former CFOs from JP Morgan and Paypal.
Follow LATOKEN on social media to keep up with the latest news, and more!
LATOKEN crypto exchange does not provide any investment, tax, legal, or accounting advice. This article is written for informational purposes only. Like other assets, cryptocurrency is subject to market risk. Please do your own research and trade with caution.
Author: Arun Suman