The cryptocurrency exchange OKX announces the launch of a new VIP tournament that will allow experienced traders to test their skills in different trading formats — in the spot market, in derivatives, and using trading bots. The total prize pool of the campaign is 60,000 USDT, and a key feature of the tournament is a special voucher for loss protection for participants who have not previously used trading bots.
The tournament is created to activate trading activity among OKX VIP users and draw attention to various trading formats, including automated solutions. Only VIP traders of the exchange who have passed KYC verification and joined the campaign through the official page can participate. Additionally, users can simultaneously participate in both the VIP tournament and the 'Global Trading Championship', increasing their chances of receiving additional rewards.
Format and mechanics of the tournament
During the tournament, participants will compete for the highest positions on the leaderboards, where the ranking is determined based on trading volumes in the respective categories: spot, derivatives, and trading bots. The higher the trading volume, the better the position in the ranking and the larger the share of the prize pool. The top 10 traders in each segment will receive rewards. Following the campaign, 60,000 USDT will be distributed among the leaders:
20,000 USDT — for spot trading
20,000 USDT — for derivatives trading
10,000 USDT — for bot trading
One of the additional advantages of the campaign is a loss protection voucher of up to 100 USDT, available to traders who have not previously traded with bots. After meeting the minimum trading volume requirements, such participants will receive a voucher that can compensate for potential losses when testing automated strategies. This solution is aimed at making the first steps in bot trading safer and more comfortable for new users.
Trading volumes within the tournament are only counted for trades in pairs with USDT and do not include bonuses, coupons, and promotional incentives. In case of violation of the terms — for example, using sub-accounts or volume manipulation — the participant may be disqualified. OKX also emphasizes that trading digital assets carries high risks and urges traders to make informed decisions and trade responsibly. You can follow the news and updates in the exchange's Telegram channel and on the official OKX website.