$5M Prize Pool Announced as WCTC Season 2 Registration Opens on Gate.io

Season 2 of Gate.io’s World Cup Trading Competition (WCTC) is set to begin in the coming weeks, with a max prize pool of $5 million and new enhancements to the competition structure. The reservation stage recently opened, and you can register now to secure a spot on the competition roster.

Gate.io's WCTC brings together traders of all skill levels to participate in a friendly but fierce futures trading competition, who will battle it out to see who can achieve the best profits and take the crown as a world-class trader.

This season features both individual and team-based competitions, offering a total max prize pool of $5 million, Mutant Ape Yacht Club (MAYC) fractional NFTs, limited edition NFTs, and a total of $60,000 in early bird registration rewards.

Aiming to unite the crypto community, the WCTC pits traders against one another to put their trading skills and knowledge to the test. And with Gate.io's comprehensive trading platform, competitors have endless opportunities to succeed.

Though ranking is based on profit, competitors don’t need to be deep-pocketed, as the competition has two ranking criteria; total profit amount and total profit rate. Past seasons saw participants earn as high as 2,000% profit rate and $32,000 in total profit amount.

Tom Yang, EVP at Gate.io, said: “We firmly believe in the ability of cryptocurrency and blockchain technology to bring about more equitable and accessible financial systems, and we put this at the core of the WCTC. Whether you just started building your crypto portfolio or you’re a seasoned investor, everyone has an opportunity to participate and win.”

Registration will close on September 12th, and the competition will commence on August 26th. In the meantime, the top 20 registrants with the most invites will have their earnings doubled. And, whether you take one of the top prizes or not, every participant with more than $20k trading volume can enter the Lucky Draw with guaranteed prizes.

Further, the competition takes place on Gate.io’s Futures trading platform, which features everything from perpetual contracts in USDT, USD, and BTC to delivery contracts and quantitative trading tools such as grid trading, CTA, and more. In addition, traders can borrow up to 100,000 with zero interest, gain significant discounts through the point system and VIP tiers, and a $500 bonus for new users.