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Deribit and SignalPlus launch $200,000 winter trading competition

Umito November 4, 2024

Panama City, Panama, November 4, 2024, Chainwire

Deribitthe world’s leading Bitcoin and Ethereum options exchange, in partnership with SignalPlus, a leading options trading dashboard and analytics center, is excited to unveil the second edition of the Winter Trading Competition 2024.

This year’s competition offers participants a prize pool of 200,000 USDC, as well as various prizes such as iPhones, PlayStation 5s and other rewards. Additionally, participants will benefit from valuable learning opportunities and insightful trading sessions designed to improve their skills and strategies, making it the largest and most rewarding crypto trading competition of the year.

The Winter Trading Competition 2024 is open to all retail participants who use their Deribit accounts to trade cryptocurrency options, futures and spot trading in the market. SignalPlus Platform. The registrations are open and will remain open until December 9, 2024. Competition starts today November 4 to December 9, 2024extending 35 days intense commercial action.

US Election Registration Bonus As an added incentive, traders who register by November 5, you will receive a US Election Option, available as part of a limited time bonus. Registrations remain open until December 9, 2024.

Luuk Strijers, CEO of Deribit, “We are delighted to launch the second edition of our trading competition in collaboration with SignalPlus. After the remarkable success of last year’s edition, we are delighted to raise the bar even higher this time around. The growth and enthusiasm we witnessed inspired us to expand the competition, providing even more opportunities for participants to showcase and expand their skills.

Competition highlights:

Awards and Rewards: Compete in individual and team categories, with special bonuses for team leaders and daily draws.
Sponsorship program: Up to 10,000 USDC in rewards are available through a referral program to invite others to sign up and redeem on Deribit.com.
Registration incentives: Bonuses are available for all registrations, first trades and inviting friends, with participants eligible for prizes ranging from cash rewards to tech products.
Luxury and variety: Participants have the chance to win various rewards, including iPhone 16s, iPads, Apple Watches, USDC cash prizes, and a trip to Thailand.
Prestigious recognition: The top individual winners will receive honorary certificates, while the winning teams will take home trophies.
Learning Opportunities: Attendees will also have access to six AMA master level options (Ask Me Anything sessions) and Deribit product training led by industry experts, available absolutely free. These sessions are designed to improve trading skills.

Chris Yu, co-founder of SignalPlus, added: “We are delighted to collaborate with Deribit on this historic business competition. At SignalPlus, our mission is to improve the trading experience through innovation, and this event reflects that commitment. By combining our advanced technology with Deribit’s robust platform, we provide participants with an unprecedented opportunity to engage with crypto options in new and dynamic ways, pushing the boundaries of strategy and skill.

Competition rules and prizes:

Individual race: Individual participants will compete in semi-finals and finals, with prizes awarded to the top 35 traders. The highest ranked trader will earn up to 5,000 USDC.
Team competition: The top five teams will win prizes ranging from 1,000 to 5,000 USDC. Plus, every day for 35 days, one team member will win a luxury trip to Thailand.
Daily draws: For 35 consecutive days, 111 lucky participants will win daily cash rewards.
Daily Lucky Ranks: Every day, 9 special traders will receive prizes ranging from 10 to 300 USDC.
Additional incentives: On 10,000 bonus prizes are available to sign up, invite friends, and make your first trade – the rewards keep coming!

Key details:

Seize the opportunity to compete with the world’s best traders and start your journey to exciting prizes today!

About Deribit

Deribit is a centralized, institutional-grade crypto derivatives exchange for options and futures trading. With state-of-the-art infrastructure, Deribit offers instant price discovery, low-latency trading, advanced risk mitigation services, and deep liquidity through a network of leading market makers. Led by a team with decades of experience trading options across all markets, Deribit facilitates a vast majority of all crypto options trading and adheres to robust proof of assets and liabilities procedures to ensure the highest standards.

For more information: Official website | Twitter | Linkedin | Telegram |

About SignalPlus

SignalPlus provides a world-class options trading dashboard that covers risk monitoring, profit/loss attribution, strike and theta analysis. Users can execute multi-legged orders with built-in algorithms to minimize slippage and perform in-depth profit/loss and exposure assessments using simulation tools and scenario analyses. SignalPlus also automates delta hedging in different market conditions and offers real-time trade notifications via Telegram, providing traders with the information and tools needed to trade successfully.