NewsBTC is running a trading competition in partnership with First Global Credit. The Top Bit-Trader Competition links worldwide stock market trading with FX Trading to see who can make the most positive gains in their competition trading account.
Each player is given a competition account loaded with 100 practice bitcoins to trade over a period of a month. The winner will receive a Live Trading account loaded with 20 BTC trading power, currently just about $5,500 dollars’ worth of stock market positions.
Competitors can sign up for a free paper trading account on the website which will give them access to the competition account platform which will open on the start date of the competition use your margin to trade bitcoins for 4 different Fiat Currencies. So there are a lot of different combinations that traders can try.
The competition started July 24th and ends on the 21st of August. Within this period, traders will need to accumulate the biggest yielding’s. Every day, the Top 10 League Table will be announced on LinkedIn, Twitter and Facebook.
With less than 19 days to go, the current ranking is getting aligned. The current standing for the competition can be seen here:
With this competition traders will be able to test their trading skills against each other, in a real environment using the First Global Credit’s paper trading system.
Traders who want to take part on the competition just need to register a username and an email address to access a FREE First Global Credit trading account. You automatically receive 100 demonstration Bitcoins to use during the competition. Remember that the platform gives you 5 times leverage, so that 100 Bitcoins actually gives you up to 500 Bitcoins of trading capital.
Are you the TOP Bit-Trader? Do you want to test your trading skills? You can find more info here.
The competition ends at the close of the trading day on each Friday. Any trades left in the market will automatically be closed at the market on the close price.