Markets
CoinW Trading Contest Onboards Over 200,000 New Crypto Enthusiasts During Bull Run
CoinW
Dubai, United Arab Emirates, May 29, 2024 (GLOBE NEWSWIRE) — Welcoming the bull run with trading competition has become a popular strategy for both cryptocurrency exchanges and investors. CoinW’s month-long spring trading competition proved to be a major market liquidity booster, reaching a total trading volume of US$200 billion and onboarding over 200,000 new traders.
Trading competitions have become an annual highlight for CoinW, providing users with the opportunity to elevate their portfolio regardless of market conditions. This year, CoinW offered an impressive $1 million in rewards. From this, $600,000 was allocated to futures trading, while $200,000 was reserved for spot trading.
To further encourage participation and attract new traders, a $200,000 prize pool has been dedicated to card collectors. Participants could easily redeem their Pirlo cards through activities such as registration and deposits. Statistics show that this eclectic pool has generated considerable interest, with over 80,000 tasks completed.
“The bull runs are undoubtedly the perfect time to onboard new crypto enthusiasts,” said Sonia Shaw, President of CoinW. “The market has seen several exciting waves. Memecoins have been exceptionally profitable this year and Runes have played a pivotal role in the spotlight. Many breakthroughs are brewing and emerging during this bull run, and as a leading centralized exchange, we recognize our role in contributing to market liquidity.
The spring sales competition does not mark the end of this year’s sales festivities. As UEFA EURO 2024 approaches, CoinW is once again offering $1 million USD to drive traffic and elevate the game, with the aim of pushing the boundaries of crypto.
About CoinW
CoinW is a pioneering cryptocurrency trading platform that prioritizes security, transparency and user-centric principles. With advanced technology, ample liquidity, and a wide range of supported cryptocurrencies, the company has amassed a large user base to become one of the most secure crypto exchanges in the world. Committed to security, transparency and compliance, the CoinW exchange adheres to the highest regulatory standards and actively contributes to the advancement of the crypto industry. To know more about CoinW, you can visit the official website websiteand follow CoinW Twitter account, BtokAnd Telegram Group.
CONTACT: marketing at coinw.com
