BitMEX Announces a 345,000 USDT Prize Pool for New and Existing Traders to Win in March

BitMEX, a veteran in the crypto derivatives market, has just launched an impressive campaign featuring a prize pool of 345,000 USDT to engage new, existing, and returning traders throughout March 2025. This initiative seeks to celebrate the vibrancy of the crypto trading community, offering exciting opportunities for active participation.

Campaign Highlights

The campaign commenced on March 5 and introduces two main events:

1. Whale Wars Trading Competition: This competition invites participants to achieve the highest trading volume, profit and loss (PnL), or return on investment percentage (ROI%) for a chance to claim a share of a 305,000 USDT prize pool. The competition runs until March 28, 2025, at 11:59 PM (UTC). Notably, bottom-performing traders also have a chance to benefit, as a 2,500 USDT bonus is allocated to the bottom five traders with the highest PnL losses.

2. Spot Trading Arena: Set to run from March 14 to March 31, 2025, this segment targets new users who engage in trading Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP) on the BitMEX Spot platform. To encourage participation, BitMEX is offering a 40,000 USDT prize pool along with a 100 USDT loss protection subsidy specifically for Bitcoin traders.

Interested traders can find the details and participation guidelines for the Whale Wars Trading Competition here and the Spot Trading Arena here.

To join the festivities and take advantage of the potential rewards, newcomers must sign up for a BitMEX account and complete the Know Your Customer (KYC) process. Additional registration information is accessible here.

BitMEX’s Legacy and Security Commitment

BitMEX stands out as one of the earliest platforms in the cryptocurrency ecosystem, providing a reliable space for professional trading. The exchange emphasizes low latency, deep liquidity, and never having lost cryptocurrency through hacking or intrusion, reassuring users about the security of their funds.

Furthermore, BitMEX pioneered the practice of publishing on-chain Proof of Reserves and Proof of Liabilities, a measure designed to enhance user trust and transparency. This data is updated bi-weekly, affirming that user funds are securely stored and managed.

For those interested in exploring more about BitMEX, additional information is available via the BitMEX Blog and their official website here. Traders can also connect with the community through Telegram, Twitter, Discord, and various other platforms.

For inquiries, users are encouraged to reach out to BitMEX at press@bitmex.com.