Leading crypto exchange, Bitget, announces the conclusion of its biannual trading tournament, King’s Cup Global Invitation (“KCGI”): Football Edition with record-breaking participation.
Hosted from Nov 21 to Dec 19, a total of 32,174 participants joined the tournament in a team battle, individual competition, and invitational competition.
The tournament recorded the highest participation this time since the event debuted, and all the winners took home a rewards pool of more than half a million USDT combined.
The KCGI tournament is a biannual futures trading tournament hosted by Bitget, and this season’s tournament was given a football theme because of the World Cup and the company’s partnership with the legendary Argentine football star, Leo Messi.
To engage users in the World Cup football craze, the company prepared various football-related prizes and activities, including football fan tokens, Messi autographed jerseys, trophies, predict World Cup winner games, and giveaways.
Players were given the option to participate in KCGI in three competition modes. Here are the final results:
- Team Battle: the top 5 winning teams generated a total of more than 1,450,000 USDT profit with a 1,731.24% P/L ratio in the competition period
- Invitational Competition: the top 5 leaders of the Invitational Competition invited 789 members altogether
- Individual Competition: the top 5 users in the Individual Competition earned close to 230,000 football points by completing various daily tasks on the platform including completing KYC, registration, inviting friends, etc.
- All of the winning parties shared a total prize pool of 565,000 USDT.
Gracy Chen, Managing Director of Bitget, comments, “KCGI is one of our major spotlights throughout the year. The tournament this time is hosted during the FIFA World Cup Qatar 2022 where Argentina and our partner Leo Messi are crowned as winners. Congratulations to all the winners in KCGI, Messi, and the Argentina team! We are glad to have the opportunity to engage Bitget users with the World Cup and stand with Messi throughout his journey to the Championship.”
“In the midst of a bear market and slow market sentiment, Bitget is also investing efforts into perfecting our product offerings. In line with the sense of community we all felt during the World Cup and KCGI, we have rolled out a few products recently to upgrade users’ social trading experience, including Shark Fin, Spot margin trading, DCA trading strategy, and so on, as well as announced measures to protect our users’ assets with the Bitget Protection Fund and our fully transparent Merkle tree Proof of Reserves information. We do these all to improve our internal strength and security while providing maximum transparency, in hopes of rebuilding the industry and setting forth a good example,” she concludes.