A major options trading competition, "The King of Options," is set to begin on June 1, hosted in collaboration between global digital asset exchange OKX and cryptocurrency options trading platform SignalPlus. The event promises an exciting challenge for traders and a substantial prize pool for winners.
Participants will use their OKX accounts to trade cryptocurrency options directly on the SignalPlus platform. Registration is currently open, and the contest will officially run from June 1 at 16:00 (GMT+8) until June 30 at 16:00 (GMT+8).
Competition Structure and Prize Details
The competition is divided into two main categories: an individual contest and a team-based event.
- Individual Competition: Features a total prize pool of 45,000 USDT for the top-performing solo traders.
- Team Competition: Offers a combined prize pool of 30,000 USDT for the highest-ranking teams.
- Lucky Draw: All registered participants have a chance to share in an additional 37,000 USDT worth of rebate vouchers through a post-event lottery.
Furthermore, eligible individual contestants can also qualify for a special附加赛 (additional round), which boasts its own separate prize pool of 3,000 USDT.
Enhance Your Trading Skills
To help participants prepare and sharpen their strategies, the organizers are providing complimentary access to six master-level options trading courses. Engaging with this educational content not only provides valuable knowledge but also offers an opportunity to earn extra entries into the competition's lucky draw.
👉 Explore advanced trading strategies and educational resources
How to Participate
Traders interested in testing their skills against a global field and competing for a share of the significant rewards need to ensure they have an active OKX account. The entire trading activity for the competition will be conducted through the integrated SignalPlus interface.
Frequently Asked Questions
What do I need to participate in the Options King competition?
You need an active trading account with OKX. You will use this account to connect and trade on the SignalPlus platform specifically for the duration of this event.
How are the winners determined?
Winners in both the individual and team categories are determined based on their overall profitability and performance metrics during the competition period. Specific ranking criteria are detailed in the official competition rules.
Is there a cost to enter the competition?
There is no separate entry fee to join the trading competition itself. However, standard trading fees associated with executing options trades on the platform will apply.
Can I participate in both the individual and team competitions?
Yes, eligible participants are generally allowed to compete in both categories simultaneously, provided they meet the specific requirements for each. It's best to confirm this in the official rules.
What are the benefits of the master courses?
The free master courses are designed to educate traders on sophisticated options strategies and risk management. Completing them can also grant you additional entries into the random draw for rebate vouchers.
How do I claim my prize if I win?
Prize distribution will be handled by the organizers after a verification process following the conclusion of the competition. Winners are typically notified directly and may need to complete certain know-your-customer (KYC) procedures.
This event represents a significant opportunity for options traders to showcase their expertise, learn new strategies, and potentially earn substantial rewards.👉 Discover more about participating in premier trading events