Bitmart’s BMX Trading Competition: Claim Your Share of 4,300 $BMX🇬🇧

The world of crypto trading is fast-paced and competitive, but few opportunities come with the potential for rewards like Bitmart’s latest BMX Trading Competition. 

With 4,300 BMX tokens up for grabs, this event is the perfect chance to sharpen your trading skills and compete against fellow crypto enthusiasts for a piece of the action. 

Here’s everything you need to know about the competition, how to participate, and why Bitmart is the platform to trade on this cycle!

What is the BMX Trading Competition?👀

At its core, the BMX Trading Competition is a challenge designed to engage new Bitmart users, inviting them to trade BMX tokens on the platform in exchange for rewards. 

The competition runs from October 7, 2024, to November 7, 2024 — giving users one month to trade BMX tokens and make their mark on the leaderboard. Those with the highest trading volumes will earn a portion of the prize pool, which totals an impressive 4,300 BMX tokens.

The competition is simple: the more BMX you trade, the higher your rank, and the better your rewards. And with prizes for the top 10 participants, there’s plenty of room to secure a win.

How To Participate🏆;

Participation is straightforward, but a few key steps are required to ensure you’re eligible for prizes. Here’s how to get involved:

1. Sign Up on Bitmart: First, you’ll need to register for an account if you haven’t already. The competition is exclusive to new users, so only those who sign up during the campaign period can participate. You can Sign up for Bitmart here to take part in the competition.

2. Verify Your Identity: Next, complete the KYC1 verification process. This ensures that all participants are real users and helps Bitmart maintain security and fairness.

3. Make a Deposit: To qualify for the competition, you must make a deposit of more than $200 in any supported cryptocurrency or fiat currency. This ensures that participants are serious about trading.

4. Start Trading BMX: Once your account is set up and funded, you’ll need to trade at least $200 worth of BMX tokens. Every trade you make will bring you closer to the top of the leaderboard.

5. Hold BMX: During the competition, you’re required to hold a minimum of 200 BMX tokens in your Bitmart account. Random snapshots will be taken throughout the campaign to verify this.

What’s at Stake?🎰

The best part of the BMX Trading Competition is the rewards, amounting to a sum of $850.The top 10 traders will share a prize pool of 4,300 BMX tokens, with the rewards varying depending on rank. Here’s the breakdown:

• 1st Place: 1,000 BMX

• 2nd Place: 800 BMX

• 3rd Place: 600 BMX

• 4th Place: 500 BMX

• 5th Place: 400 BMX

• 6th Place: 300 BMX

• 7th Place: 250 BMX

• 8th Place: 200 BMX

• 9th Place: 150 BMX

• 10th Place: 100 BMX

This is a fantastic opportunity for both beginner and advanced traders to win extra tokens simply by doing what they already love — trading.

Important Terms ⚠️

While the competition is open to new users who meet the eligibility criteria, it’s important to keep a few key rules in mind:

• One Account per User: Bitmart prohibits the use of multiple accounts. If you try to game the system by creating additional accounts, you’ll be disqualified.

• Wash Trading is Not Allowed: Bitmart actively monitors for "wash trades" — a practice where users make fake trades to boost their rankings. If detected, those trades won’t count toward the competition.

• Rewards Distribution: Once the competition ends on November 7, 2024, rewards will be distributed within 15 business days. Keep in mind that national holidays and weekends may affect this timeline.

• Bitmart’s Right to Amend: As with many competitions, Bitmart reserves the right to make changes to the event or its rules if necessary.

About Bitmart🏦

Founded in 2017, Bitmart is a global cryptocurrency exchange that enables individuals and institutions to buy, sell, and trade over 1,000 different cryptocurrencies. With a user base of over 9 million spanning across 180 countries, Bitmart has established itself as a significant player in the crypto trading space.

Bitmart has something for everyone: it offers advanced tools for experienced traders and a simple buy/sell option for beginners. You can also earn extra crypto through features like staking, lending, and savings on the platform.

In 2018, Bitmart introduced its native token, the BitMart Token (BMX), which provides holders with trading fee discounts and exclusive perks. If you hold BMX, you get discounts on trading fees and other benefits on the platform.

The exchange uses a system where the more you trade, the less you pay in fees. If you own BMX tokens, you get even bigger discounts. There’s no fee to deposit funds into your account, but withdrawals attract a small fee that depending on the amount.

Ready to join the crypto world? Sign up for Bitmart here and start trading today!

Bitmart x The R Roundup 🤝

We’re excited to announce that Bitmart has partnered with The R Roundup to sponsor our posts over the next few weeks. This collaboration builds on the shared vision between Bitmart and RR to bring accessible, high-quality crypto content to our audience. 

Through this partnership, we’ll be diving into exclusive Bitmart offerings, competitions like the BMX Trading Competition, and more, giving our readers a front-row seat to all the latest updates.

Solana Tokens on Bitmart🌞

As you've noticed, we have been extensively covering various Solana projects, and Bitmart offers a selection that’s perfect for traders looking to dive into this ecosystem. 

Some notable tokens available on Bitmart include:

• deBridge (DBR)

• Drift Protocol (DRIFT)

• Zeta Markets (ZEX)

• Moo Deng (MOODENG)

• Neiro (NEIRO)

• Zeus Network (ZEUS)

• MOTHER IGGY (MOTHER)

• Tensor (TNSR)

• FluxBot (FLUXB)

• Solana Name Service (FIDA)

These tokens provide exciting opportunities for traders looking to explore the buzzing Solana ecosystem. 

Don’t miss out on all the action! 

Sign up for Bitmart today, start trading, and take your crypto journey to the next level!