Daxbase holds trading contest with $20,000 prize pool

In a bold move to boost trader engagement and activity, trading platform Daxbase has launched a recurring weekly trading competition with a prize pool of $20,000.
With a simple entry requirement — maintain an active account and trade — the contest opens new opportunities for both novice and seasoned traders to capitalize on market activity.
Daxbase’s competitive push
Each weekly competition kicks off on Sunday and runs through Saturday. Participants are judged by the total number of trades executed within that week. The top four traders will each receive a $20,000 cash prize, with additional rewards potentially allocated to other high-ranking participants, depending on the week’s structure.
To participate:
1. Register an account.
2. All Daxbase traders are automatically signed up for contest.
3. Trade. The minimum trade size should be $10.
The trading competition is part of Daxbase’s broader effort to attract and retain active users on its platform. Unlike conventional contests based on profitability, Daxbase’s model rewards activity volume — emphasizing consistency and strategy over sheer trading success. This opens doors for traders who may prefer frequent, smaller trades over high-risk positions.
Eligible participants only need to keep their accounts active and begin trading. Registration is open year-round, offering continuous opportunities to join in and compete.
Growing incentives for market activity
While the top four cash prizes remain constant at $20,000 each, Daxbase hints that lower-tier rewards may fluctuate week to week, potentially keeping the competition fresh and unpredictable. With no limit on the number of weekly entries, traders can return each week to aim for the top.
We also informed you earlier that Daxbase offers tiered first deposit bonus.