KCGI 2023: Battle for a chance to win a 2,650,000 USDT prize pool!
We are thrilled to announce the launch of the highly anticipated King's Cup Global Invitational (KCGI) 2023, a grand competition proudly brought to you by Bitget! With a prize pool of 2,650,000 USDT, KCGI 2023 is set to be an epic competition. But that's not all — we have additional rewards up for grabs, including a helicopter, a Tesla Cyberquad for Kids, and an iPhone 15 Pro Max!
The King's Cup Global Invitational (KCGI) is a global crypto trading competition held by Bitget. This year's KCGI features four major competitions: spot trading, futures copy trading, demo trading, and futures trading. Moreover, users can complete tasks to enter the Lucky Draw for a chance to win fantastic prizes like Messi-branded jerseys!
Head to the KCGI page to register.
1. Sub-accounts cannot be used to participate in this competition. Trading volumes from sub-accounts will not be counted towards the main accounts.
2. Market maker accounts are not eligible to participate.
3. Accounts that have engaged in API trading in the past are not eligible to participate.
4. Accounts that engage in API trading during the competition will be disqualified.
5. Accounts that engage in elite trading or copy trading during the futures trading competition will be disqualified.
6. Only eligible users can participate. Specific regions or users may not be eligible in accordance with legal and regulatory requirements. It is the user's responsibility to understand and comply with any restrictions and/or requirements in their country/region regarding access to and the use of Bitget trading services.
Spot trading competition
Registration period: August 18, 10:00 AM (UTC+8) – September 1, 10:00 AM (UTC+8)
Competition period: September 1, 10:00 AM (UTC+8) – September 15, 10:00 AM (UTC+8)
Futures demo trading competition
Registration period: September 5, 10:00 AM (UTC+8) – September 15, 10:00 AM (UTC+8)
Competition period: September 5, 10:00 AM (UTC+8) – September 15, 10:00 AM (UTC+8)
Futures copy trading competition
Registration period: September 1, 10:00 AM (UTC+8) – September 15, 10:00 AM (UTC+8)
Competition period: September 15, 10:00 AM (UTC+8) – September 30, 10:00 AM (UTC+8)
Futures trading competition
Registration period: September 10, 10:00 AM (UTC+8) – September 30, 10:00 AM (UTC+8)
Competition period: September 30, 10:00 AM (UTC+8) – October 30, 10:00 AM (UTC+8)
| Competition |
Prize pool |
| Spot trading competition |
50,000 USDT |
| Futures demo trading competition |
20,000 USDT |
| Futures copy trading competition |
Up to 80,000 USDT |
| Futures trading competition |
Up to 2,500,000 USDT |
Spot trading competition
1. Users will compete in teams and grab a share of 50,000 USDT based on their team spot trading volume.
2. Users must have a minimum net value of 100 USDT in spot assets at the time of registration.
3. A team must have at least five members (including the captain) to be eligible for the team battle.
4. The total spot trading volume of the top ten team members is counted as the team trading volume. The top ten teams in terms of spot trading volume will share the prize pool.
5. Team rewards = (team's trading volume ÷ total trading volume of top ten teams) × 50,000 USDT.
6. A team can stand to win up to 50% of the total prize pool.
7.
Team member rewards: In a team, the captain will get 10% of the rewards, and the rest will be distributed according to each member's trading volume rankings.
1st place: 30% of the team's reward.
2nd place: 20% of the team's reward.
3rd place: 10% of the team's reward.
4th–10th place: Grab a share of 30% of the team's rewards based on their trading volumes (a single user can get up to 10%).
Click here for more details.
Futures demo trading competition
1. The futures demo trading competition is an individual competition, and participants can share the 20,000 USDT prize pool based on their individual PnL.
2. Users can register to receive 100,000 USDT in demo assets.
3. Invitation rewards
Users will receive 5000 USDT in demo assets for each new user they invite to register during the competition (up to 50,000 USDT).
4. Users must have a minimum net value of 100 USDT in futures assets (excluding trading bonuses, coupons, and other perks) at the time of registration.
5.
Users are ranked according to their PnL:
1st place: 40% of the prize pool.
2nd place: 20% of the prize pool.
3rd place: 10% of the prize pool.
4th–10th place: Grab a share of the remaining 30% of the prize pool based on their PnL ratios (up to 10% per user).
Click here for more details.
Futures copy trading competition
1. Users will compete in teams in the futures copy trading competition and share the prize pool based on their team's PnL.
2. Only elite traders can create a team.
3. Users must have a minimum net value of 300 USDT in futures assets at the time of registration.
4. Elite traders can register by creating a team, while followers can register by joining a team (followers can join multiple teams).
5. A team must have at least ten members (including the captain) to be eligible for the team battle.
6. The total PnL of the top ten team members is counted as the team's PnL. The top ten teams by PnL will share the prize pool based on their PnL.
7.
Team rewards:
1st place: 30% of the prize pool.
2nd place: 20% of the prize pool.
3rd place: 10% of the prize pool.
4th–10th: Grab a share of the remaining 40% of the prize pool based on their PnL ratios (up to 10% per team).
8.
Team member rewards:
The elite trader will receive 30% of the rewards, with the remaining rewards distributed according to the team member (including the elite trader) PnL rankings.
1st place: 20% of the team's reward.
2nd place: 10% of the team's reward.
3rd place: 10% of the team's reward.
4th–10th place: Grab a share of 30% of the team's rewards based on their PnL ratios (up to 10% per user).
Click here for more details.
Futures trading competition
1. The futures trading competition consists of a team battle component and an individual competition component. Users can participate in both sub-competitions.
2. USDT- M futures and Coin-M futures are eligible for the competition.
3. Users must have a minimum net value of 300 USDT in futures assets at the time of registration (excluding trading bonuses, coupons, and other perks).
Futures trading competition — team battle
1. Users will compete in teams and share the prize pool based on their team's PnL.
2. The total PnL of the top ten team members is counted as the team's PnL. The top ten teams by PnL will share the prize pool.
3. Team rewards = (team's PnL ÷ total PnL of the top ten teams) × team battle prize pool.
4. A team can stand to win up to 50% of the total prize pool.
5. Within a team, the captain will receive 10% of the rewards, with the remaining rewards distributed according to team member (including the captain) PnL rankings.
1st place: 30% of the team's reward.
2nd place: 20% of the team's reward.
3rd place: 10% of the team's reward.
4th–10th place: Grab a share of 30% of the team's rewards based on their PnL ratios (up to 10% per user).
Futures trading competition — individual competition
1. The individual futures trading competition is for individual traders only. Participants are ranked according to their ROI, and the top 10 users will share the prize pool.
2. Rewards:
1st place: 40% of the prize pool.
2nd place: 20% of the prize pool.
3rd place: 10% of the prize pool.
4th–10th place: Grab a share of the remaining 30% of the prize pool based on their ROIs (up to 10% per user).
Click here for more details.
Terms and conditions
1. Users found to be engaging in wash trading, matching orders, bulk registration, and self-dealing will be immediately disqualified.
2. Users who place and cancel maker orders too frequently will be disqualified.
3. If multiple accounts are detected to be operating from the same IP address, all users under the same IP address will be disqualified.
4. Bitget reserves the right of final interpretation of the competition.
5. All participants must strictly comply with Bitget's Terms and Conditions.
6. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.
7. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.
8. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.
Disclaimer
Cryptocurrencies are subject to high market risk and volatility despite their high growth potential. Users are strongly advised to conduct their own research and invest at their own risk.
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