VALR, a centralized crypto exchange established in 2019, has recently unveiled a new name, Futures Trade Arena, which aims to identify numerous talented performers in trading. This competition will occur from November 1, 2024, through at least April 30, 2025, with the Roger Own week and month distribution. It would allow traders to divide $250,000 in prizes weekly and monthly according to their ROI and PnL instead of turnover.
VALR to Distribute Performance-Based Rewards and Fair Competition
The Futures Trade Arena is expected to provide a platform to bring the competition between market participants back to balance through trading performance. Every trader can earn from 0 to 120,000 USDT in a monthly prize pool depending on the number of qualified participants. The monthly competition offers rewards of 2000 to 10000 USDT to the traders with the highest ROI and PnL. Besides, from 25 USDT to 2880 USDT, weekly rewards for the ROI and PnL categories are given to the 10 best traders.
Participating requires cumulatively trading $2,000 in any of the VALR’s Futures pairs within 14 days from the beginning of every round of weekly competition. The trader is automatically submitted to the weekly and monthly competition rounds at this threshold. The system is completely fair to let all kinds of traders of any level and size participate and be rewarded according to their performance.
Futures Trade Arena: Inclusive for All Traders
The Futures Trade Arena is intended to allow live demonstrations of trading skills to all attendees, from professionals to ordinary traders. The giveaway will be equally distributed among all the customers of VALR who have completed the KYC process. Focus on ROI and PnL incentivizes smart trading strategies, while the competition is ample in number to let smaller traders shine.
