$NIGHT The contract trading competition is really easy to participate in, but I have some matters recently, and it's inconvenient to use my account, so I can't participate.
However, I have experience in boosting contract trading volume that I can share with everyone.
First: You must consider how to reduce your trading costs. You should never skimp on fees that you would otherwise pay yourself because this part of the cost will be your profit later.
Second: Open two accounts for hedging. Currently, the first ten days of new coins have free listing, and using USDC offers more discounts than USDT. Remember to use BNB to pay for fees to get a discount.
Third: Make sure to control your limit order total position within the market depth at that time. If your position is too large and you close it at market price without a counterparty, even if you have two accounts, manual execution will have time delays, leading to significant price slippage and thus large wear and tear.
Fourth: If you are using a limit order to transact, do not place the price more than 10 levels beyond the buy/sell; the depth beyond that is too poor, and you may not execute even if the price surges or plummets.
There are many details to pay attention to, and you basically need to engage with your own small funds to discover them. I have created a Binance group for trading competition exchanges (full of hope), specifically to prevent collisions in current ranking activities. As for whether everyone can interact effectively in the group, we shall leave it to fate, as human selfishness is something one must grasp. $NIGHT
