Houston Token Exchange Launches Season 1 Trading Competition: Compete for Million-Dollar Prize Pool and Xiaomi YU7 SUVs!
Overview
In exciting news from the world of cryptocurrency, HTX, a renowned global cryptocurrency exchange, has just kicked off the team competition phase for its latest spot trading event called “HTTC S1: Blades Out.” This thrilling event features ten distinguished team leaders who are actively seeking participants from all corners of the globe to join their teams. The competition promises a generous million-dollar prize pool up for grabs, along with the chance to win a sleek Xiaomi YU7 MAX SUV.
Team formation for this highly anticipated HTX event is now open and will run until July 22, 2025, at 10:00 (UTC). To get in on the action, interested participants simply need to fill out the provided form, share their HTX UID, and select their preferred team. As an added bonus, all successful registrants will receive a 10 USDT Cashback Voucher. Plus, lucky numbers like the 8th, 588th, and 888th registrants will each drive away with a luxurious Xiaomi YU7 Max SUV valued at $50,000.
The trading competition itself will run until July 25, 2025, 10:00 (UTC), encompassing all spot trading pairs available on the platform. Here’s what participants can expect during this exciting event:
1. **Team Trading Volume Challenge**: Teams will be ranked based on their cumulative spot trading volume, and a prize pool of $70,000 in $HTX will be divvied up according to the final standings. The top-ranked team will walk away with a whopping 25% of the prize pool, equivalent to $17,500. To add to the thrill, a special “Final 24-Hour Push” mechanism will double the weight of trading volume generated in the last 24 hours for team volume calculations.
2. **Team PnL Challenge**: This challenge aims to promote stable profitability in spot trading by calculating the total PnL generated by all members with positive returns within each team. Teams will be ranked based on their total PnL, with a prize pool of $30,000 in $HTX up for grabs. The first-place team will snag an impressive 30% of the rewards.
As HTX celebrates its 12th anniversary, “HTTC S1” serves as a testament to the platform’s commitment to enhancing user trading skills and profitability through innovative formats and robust incentive mechanisms. Looking ahead, HTX plans to keep the momentum going by introducing more interactive and engaging trading events that provide users with enriched trading experiences and long-term value.
Established in 2013, HTX has grown from a virtual asset exchange to a comprehensive blockchain ecosystem that encompasses digital asset trading, financial derivatives, research, investments, incubation, and more. As a leading gateway to Web3, HTX offers global capabilities and cutting-edge solutions to meet the evolving needs of the cryptocurrency landscape.
In conclusion, the launch of “HTTC S1: Blades Out” by HTX marks a significant milestone in the world of cryptocurrency trading. With an impressive prize pool, innovative challenges, and a focus on user engagement and profitability, this event underscores HTX’s dedication to driving excellence and value for its global user base. As the competition heats up, participants can look forward to honing their trading skills, fostering camaraderie within teams, and seizing exciting opportunities in the dynamic world of cryptocurrency trading.
