PrimeXBT Contests: How To Win Crypto Prizes

The promise of free cryptocurrencies that could one day turn into valuable coins is a proposition no one wants to miss. Airdrops are among the most popular methods of getting free crypto, while others rely on referral programs and other solutions.

At PrimeXBT, users can instead join fun and exciting weekly trading competitions without the risk of winning crypto-based prizes. Here’s everything you need to know about how to win crypto prizes from PrimeXBT contests and what you can do with the cryptocurrencies you earn.

Why You Shouldn’t Ignore Free Crypto

The idea of ​​getting cryptocurrencies for free has gotten a bad rap in recent years. Scams involving fake Twitter accounts posing as celebrities would promote giveaways where users had to send some crypto to get double the amount in return. Followers of these accounts sent money, only to later realize they had been scammed.

But not all free crypto is bad, and avoiding it altogether could be a big mistake. For example, the early Bitcoin developer Gavin Andresen is famous go away 19,700 BTC in 2010 via a faucet website. Today, the free crypto is valued at more than $45 million dollars. More popular examples of airdrops that ended up making early adopters a lot of money include Uniswap and, more recently, Aptos.

All about the PrimeXBT trading platform

PrimeXBT is an award-winning margin trading platform with a multitude of cryptocurrency-based products and services, which include long and short positions with leverage on more than 100 different assets, copy trading, an educational website and the PrimeXBT Contests platform.

Unlike airdrops and other ways to earn free crypto, there are no extra steps or hoops to jump through. There is no catch or cost at all, and because users get risk-free virtual funds, there is also no need to worry about losing money.

How to win crypto with weekly trading contests

New trade contests go live every week and anyone can join at any time. All skill or experience levels are welcome. Competitions have unique requirements to keep things interesting and fresh, such as reaching above a certain trading volume threshold or only taking short positions.

Prizes are awarded in cryptocurrencies such as USDT and vary in value depending on how difficult the competition conditions are. Main prizes range from $1,000 to $10,000, and prize pools can reach up to $100,000, spread over a variety of crypto-based prizes. Occasionally, NFTs or other digital items are awarded along with free crypto capital.

No-Risk Trading enables safe strategy backtesting, practice

Winning crypto prizes is not the only rewarding aspect of PrimeXBT competitions. The risk-free, simulated trading environment replicates real-time price charts in dozens of trading pairs, allowing traders of all skill levels to practice trading or backtest technical indicators.

It’s the perfect companion for PrimeXBT Trading Academy. The free service is hosted by veteran trader Dirk Hartig, who has over two decades of experience. Hartig passes on his almost endless knowledge in the form of helpful videos, market updates and trading strategies.

What you can do with the krypton you earn

Winning crypto from PrimeXBT instantly becomes more valuable because it can be used as collateral to trade forex, crypto, stock indices and commodities on leverage. Build a portfolio of long and short positions from more than 100 trading instruments under one roof.

The company is also known for its peer-to-peer copy trading community, where the crypto can be used to automatically copy other top traders by becoming a follower. Followers use a massive, transparent leaderboard system to choose which strategy leaders to follow. Top performers have more than 4000% in all-time profit.

Win crypto with PrimeXBT contests

Forget about other ways to earn crypto and join weekly trading contests from PrimeXBT Contests. The crypto you can possibly win can be turned into a profit of 4000% or more. Other methods may seem too good to be true, but fully transparent trading metrics mean there is proof behind the impressive performance.

Whether you are just starting out looking for free capital to get started or a pro looking to showcase your skills and earn some extra crypto at the same time, there is no better place than PrimeXBT.