Key Takeaways
Margex has launched Competitions Mode with a weekly Fantasy League offering a 10,000 USDT prize pool.
According to BlockchainReporter, digital asset trading platform Margex has launched Competitions Mode, introducing free weekly trading contests with real USDT rewards. The feature opened with the Fantasy League, providing a 10,000 USDT weekly prize pool and individual payouts reaching up to 3,000 USDT. The competition focuses on price accuracy rather than account size.
Participants select five crypto assets from their previous trading activity and predict whether prices will move up or down over the course of the week. Points accumulate when directional calls align with market movements, and rankings update in real time on a weekly leaderboard. Entry is free for registered users.
Established in 2019, Margex utilizes proprietary MP Shield technology to protect users against price manipulation and offers high-leverage trading alongside a copy trading ecosystem. The platform supports various assets, including tokenized gold and privacy-centric collateral, maintaining a focus on transparency and merit-based rewards for its global user base.
Source & Fact-Check Note
This report is synthesized from coverage by BlockchainReporter. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at BlockchainReporter ↗
