On February 2nd, 2018, BitMEX announced they will be doing a new $100k giveaway for users trading NEO (NEOG18) contracts, paid out in Bitcoin. BitMEX is a real-time Bitcoin mercantile exchange based out of Hong Kong. The exchange offers perpetual and futures contracts, margin trading, and many other financial products. BitMEX users can only deposit and withdraw in Bitcoin.
The $100k giveaway will begin on February 7th, 2018 at 00:00 UTC and end on February 17th, 2018 at 00:00 UTC. There will be four prizes total.
The grand prize will be $50k USD and will go to the trader who continuously quotes the largest two sided-volume within a 0.5% spread.
The second place prize will be $25k USD and will go to the trader who continuously quotes the second largest two sided volume with a 0.5% spread.
The third place prize will be $20k USD and will go to the trader who has the largest profit (in XBT) from trading the NEO (NEOG18) contract.
There will also be a random draw lucky prize of $5k USD. Any trader who trades at least one NEO contract within the time period will be entered.
To participate you will need a BitMEX account. If you do not already have an account, you can register on their official exchange website.
By Chase Cook