Trading Competition Guide
how to create a trading competition
Last updated
how to create a trading competition
Last updated
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If you're authorized to create a trading competition, you'll find a "Create Trading Competition" button on the main competitions page.
Step 1: Competition Details:
Fill in the name of your trading competition & its description. Hit the next button once you’re done.
Step 2: Participant Limits and Registration Timing:
Set Maximum Participants: Control how many users can enter your competition. The current maximum limit is 1,000 participants.
Registration Period: Choose the start and end dates and times. Remember, registration should conclude before the competition starts.
Time Limitations:
Minimum Registration Duration: At least 1 hour.
Maximum Registration Duration: No more than 1 week.
Minimum Competition Duration: At least 1 hour.
Maximum Competition Duration: Up to 4 weeks (28 days).
After setting these times, define the precise start and end dates and times for the trading period. Participants can trade only within this timeframe. Click 'Next' to continue.
Step 3: Competition Type and Tradable Tokens:
Select Competition Type: Choose between spot or perpetuals.
Tradable Tokens: Select at least two tokens for trading. The more tokens you choose, the more dynamic the competition.
Winning Token: This is the token used for entry fees and the prize pool. You can also add your host contribution in this token.
Optional Settings:
Entry Fee: Participants' fees contribute to the prize pool.
Required Deposit: Set a deposit amount that participants use as their starting balance. Note: Additional deposits are not allowed once the competition begins.
Host Contribution: Optionally, add to the prize pool at the competition's creation.
Click 'Next' after these selections.
Step 4: Prize Distribution:
Set Prize Distribution: You may keep up to 25% of the total prize pool. The rest is distributed among top placements.
Final Step: Preview and Create:
Preview your competition setup. If satisfied, click 'Create'. Note the fixed creation fee displayed above the button. Once created, you'll be directed to your competition's page for sharing.
