The cryptocurrency exchange has launched a brand new competition to find the best traders.
Bityard, based in Singapore, says the $ 60,000 maximum price range is already in place and is gradually increasing from $ 5,000, depending on the number of participants who choose to participate.
Competitors have the opportunity to collaborate with strategy development based on their pace of operation in volatile cryptocurrency markets.
The first-place team will share 30% of the total prize pool, of which 20% will be allocated to the second-placed group and 10% to the third-placed competitors. The remaining 40% will be divided between four to ten ranks.
Other opportunities can be found through the Team Popularity Prize, with the Tron Awards available to the groups with the most members.
Statistics regarding the current prize pool size, as well as the number of players and the game status of each team, are updated every two hours, so cryptocurrency fans can keep track of how the competition develops.
According to Bityard, contests are a powerful way to bring communities together. He points to Bybit, which recently attracted over 12,000 global traders with its global game, The Global Chain of Trade.
More information from BITYARD here
Bityard says that for the first time, users can complete registration and start shopping in less than a minute. The powerful desktop interface is complemented by dedicated apps for iOS and Android devices. After registering an account, users can deposit their money and start trading.
Popular cryptocurrency pairs including Bitcoin, Ether, Dash, XRP, Bitcoin Cash, EOS, and Litecoin are available on Bityard. Users can choose to buy these currencies or trade contracts.
The exchange is regulated and licensed by the Accounting and Corporate Regulatory Authority of Singapore known as ACRA.
Bityard’s first commercial competition occurs as financial institutions and large corporations continue to have access to the cryptocurrency market, and an increasing number of exchanges are becoming some of the most popular download apps for global traders.