The Zoomex Trading Contest is a thrilling event that draws traders from around the globe, offering an extraordinary prize pool and a platform to demonstrate trading skills. The contest is divided into various competitions including: the Squad Competition, and Lucky Draw Competition. Each segment presents unique challenges and opportunities, encouraging participants to push the limits of their trading acumen.
Overview: Zoomex World Trading Championship (ZWTC)
The ZWTC is a hallmark event boasting a staggering prize pool of $2,500,000. This championship is designed to empower traders by providing various competition formats that celebrate both strategy and skill. It’s not just a contest but a testament to the trading prowess of participants who are eager to prove their mettle on an international stage.
Competition Registration Timeline
Contest | Start Date & Time (UTC) | End Date & Time (UTC) |
Squad Leader Registration Period | August 20, 2024, 10:00 | September 12, 2024, 10:00 |
Early Bird Squad Competition Registration | September 5, 2024, 10:00 | September 8, 2024, 10:00 |
Official Squad Competition Registration | September 5, 2024, 10:00 | September 27, 2024, 10:00 |
Squad Competition Period | September 12, 2024, 10:00 | October 2, 2024, 10:00 |
Daily Trading Volume Competition | September 5, 2024, 10:00 | September 24, 2024, 10:00 |
Competition Details
Entertainment Zone – 100% Win Rate
This aspect of the competition allows traders to engage in an array of tasks throughout the event. The completion of these tasks earns them entries into a lucky draw, where they stand a chance to win up to $10,000.
Daily Trading Volume Competition
With a dedicated prize pool of up to $625,000, this competition focuses on the trading volume achieved by participants on a daily basis. The top daily trader stands to win up to $4,688, while the top 200 traders share the daily rewards.
How to Participate
Engaging in the ZWTC is straightforward yet demands commitment. Traders need to register on the Zoomex platform and participate actively in daily trading activities. By maintaining a high trading volume and completing designated tasks, participants can maximize their chances of winning substantial rewards. The competition is designed to be inclusive, catering to both novice and seasoned traders, making it a significant event on the trading calendar.
Squad Competition
The Squad Competition introduces a collaborative element to the trading contest, emphasizing teamwork and collective success. With a total prize pool that can reach up to 1,000,000 USDT, this competition encourages traders to form squads and compete as a unit.
Competition Categories
Squad Leader & Fans Live PK Competition
In this category, squad leaders and their fans engage in live trading battles. The top squad leader can earn up to $8,000, while fans can share a prize pool of up to $15,000.
Most Influential Squad
This category is determined by fan votes, with the top 10 squads sharing 20% of the prize pool. It reflects the popularity and influence of squads within the trading community, adding a social dimension to the competition.
Rewards Breakdown
Squad PnL% Rewards
Constituting 80% of the total prize pool, these rewards are distributed based on the performance of squad leaders and members. The rewards breakdown ensures that both leaders and active participants are incentivized.
Most Influential Award
Based on the number of votes, this award recognizes the top teams with substantial rewards. The leader receives 20% of the prize, while the remaining amount is shared among team members.
Participation Requirements
To join the Squad Competition, participants must be part of a team and meet a minimum trading volume of $30,000 to be eligible to receive awards. In addition, users must have 200 USDT or equivalent in their assets to join a team.
The competition specifically focuses on USDT perpetual contracts, and certain restrictions apply, such as the exclusion of market makers and pro users.
How to Join or Lead a Squad
Traders who wish to participate can either join an existing squad or register to lead their own. Leaders enjoy benefits such as the opportunity to claim up to $35,000 in Squad PnL% rewards and additional incentives for high trading volumes.
Lucky Draw Competition
The Lucky Draw Competition adds an element of chance to the trading contest, offering a diverse prize pool valued at $625,000. It includes not only cash bonuses and discounts but also high-end items like the iPhone 15 Pro and exclusive Zoomex merchandise. This competition is designed to engage participants through daily tasks and reward them with exciting prizes.
How It Works
Participants can accumulate lucky draw tickets by completing various tasks:
Check-Ins
To earn tickets, participants must perform at least one contract trade per day.
Daily Trading Volume
By achieving specific trading volume milestones, participants can earn additional tickets.
Invitations and Deposits
Additional tickets can be earned by inviting friends to join or by depositing funds into their trading accounts.
Prizes
The Lucky Draw competition offers a wide array of prizes, from cash bonuses and coupons to premium gadgets and Zoomex-branded items. The dynamic prize structure is updated daily, ensuring that participants have fresh opportunities to win. The appeal of winning high-value items like the iPhone 15 Pro makes this competition particularly enticing for traders.
Participation Guidelines
To participate in the Lucky Draw, users must register and diligently complete daily tasks to earn tickets. It’s crucial to use the tickets on the day they are earned, as they reset daily. The rewards are distributed after the event, providing participants with ample motivation to stay engaged throughout the competition.
Final Thoughts on the Zoomex Trading Contest
The Zoomex Trading Contest stands out as a premier event in the trading world, offering a blend of strategy, teamwork, and chance. It provides a comprehensive platform where traders can engage in competitive trading while aiming for lucrative rewards. With its structured approach encompassing individual and team-based challenges, the contest caters to all types of traders, making it an event worth participating in. Whether you’re aiming for the grand prize in the ZWTC, leading a squad to triumph, or testing your luck in the draw, the Zoomex Trading Contest promises an exhilarating experience with substantial rewards.
About Zoomex Exchange
Zoomex Exchange, established in 2021, has quickly established itself as a formidable player in the cryptocurrency landscape by integrating both centralized and decentralized trading platforms. This dual approach enhances market liquidity, allowing users to conduct large trades smoothly without significant price impacts. Zoomex is designed to cater to a diverse range of traders, from beginners to professionals, thanks to its streamlined interface and advanced trading tools. The platform’s architecture supports a high degree of privacy protection and market stability, which is critical for executing trades efficiently. By combining liquidity pools from both CEX and DEX models, Zoomex ensures more competitive market rates and stable trading conditions, which are vital for implementing varied trading strategies.
Security is a top priority at Zoomex, with robust multi-layered security protocols in place, including two-factor authentication (2FA) and cold storage for the majority of assets, which significantly reduce risks associated with cyber threats and unauthorized access. The exchange also adopts a transparent and competitive fee structure, appealing to both high-frequency traders and those new to the crypto space. Zoomex offers a tiered fee schedule that lowers costs based on monthly trading volume, incentivizing active trading. Additionally, its VIP program provides further benefits for high-volume traders, enhancing their potential for profitability. With responsive customer support and extensive educational resources, including tutorials and webinars, Zoomex ensures a comprehensive trading experience that accommodates the needs of all users, reinforcing its position as a reliable and efficient trading platform.
Disclaimer:
All information has been prepared by TraderFactor or partners. The information does not contain a record of TraderFactor or partner’s prices or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may read it. Past performance is not a reliable indicator of future performance.
Author
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Zahari Rangelov is an experienced professional Forex trader and trading mentor with knowledge in technical and fundamental analysis, medium-term trading strategies, risk management and diversification. He has been involved in the foreign exchange markets since 2005, when he opened his first live account in 2007. Currently, Zahari is the Head of Sales & Business Development at TraderFactor's London branch. He provides lectures during webinars and seminars for traders on topics such as; Psychology of market participants’ moods, Investments & speculation with different financial instruments and Automated Expert Advisors & signal providers. Zahari’s success lies in his application of research-backed techniques and practices that have helped him become a successful forex trader, a mentor to many traders, and a respected authority figure within the trading community.
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