The world’s leading social crypto trading platform, eToro, has proudly announced that it’s collaborating with BlockShow Asia 2019, the much-acclaimed “Festival of Decentralized Technology” to host a Trading Competition—a one-of-a-kind online trading event. As affirmed by the company, this unique competition would allow participants to unleash their trading skills, put their knowledge to test, along with exciting prizes to be won.
The final legs of the competition will take place online, starting from October 26 to November 10. Blockchain and crypto enthusiasts, who are willing to take part in the event have been urged to register on BlockShow’s official website by October 23. Whilst the winner takes home prize money worth $500, first and second runners up will be awarded $300 and $200 respectively. On top, all the ten best performing participants will earn free tickets to this year’s milestone event of BlockShow Asia, set to take place at Singapore’s grand Marina Bay Sands on November 14 and 15.
The competition has been designed in a way that is appropriate for both experienced and novice traders. All participants will receive an initial virtual capital of $100,000 for trading so that their individual capital is not at risk. For complete beginners, the eToro platform offers extensive portfolios of educational guidance, along with risk-management tutorials and features for already-experienced traders.
Participation in the competition is easy and absolutely free of charge. To take part, one has to use existing or newly- created eToro accounts wherein the virtual capital of $100,000 will be credited. Only the registered accounts will participate in the competition relying on the virtual fund shown at the beginning of the competition. Using the capital, participants can trade all of the products and financial instruments available on the eToro platform.
The rankings of the competition will continue to update live on the BlockShow website every once an hour. The winner will be decided based upon the highest monthly profit ratio. eToro emphasizes on participants to strictly use the virtual fund provided and not to risk their own capital. Every participant of the competition will not only earn monetary prizes, but also there will be immense scope for improvement of individual trading skills.
eToro, the event’s organizer, has been an active participant of the global Fintech revolution for over a decade now. Today, it stands among the world’s leading social trading networks, boasting millions of registered users on the platform, who, on a regular basis, leverage eToro’s significant array of trading and investment tools. The platform allows its users to create a diversified investment portfolio in digital assets, backed by hundreds of financial instruments to choose from.
eToro, however, strongly suggests that interested crypto traders must become aware of the risks associated with trading, and hence should only invest money that they can afford to lose. It is also advised to seek consultation from an independent and suitably licensed financial advisor before beginning the trade.