MEXC launches $150,000 copy trading competition
Cryptocurrency exchange MEXC has announced the launch of a new copy trading competition with a total prize pool of 150,000 USDT, underscoring the platform’s ongoing efforts to expand its global user base and incentivize engagement.
The event is scheduled to run from September 15 to 28, following a registration window that opened on September 11.
Rewards and participation structure
The competition is structured to cater to both professional traders and retail participants. This dual structure is designed to foster broader involvement by allowing less experienced users to follow the strategies of seasoned traders.
The 150,000 USDT prize pool will be divided between traders and followers.
• Traders can compete for up to $90,000 in rewards along with the opportunity to gain as many as 2,000 followers, significantly boosting their visibility on the platform.
1. Register an account
2. Make a deposit of 300 USDT
3. Maintain a minimum balance of 300 USDT or trading volume of at least 100,000 USDT
• Followers, meanwhile, stand to share in up to $60,000 in rewards, benefiting from performance-based incentives while learning from more experienced participants.
Prizes will be distributed across three award categories: lucky chests, which reward participants at random; daily trading volume, which incentivizes consistent activity; and total trading volume, designed to recognize the most active users throughout the competition period.
Implications for MEXC and users
The initiative highlights MEXC’s strategy of leveraging gamified trading experiences to increase user engagement. Copy trading, which allows retail investors to automatically replicate the strategies of professional traders, has grown in popularity as a gateway into the digital asset market.
By offering substantial rewards, MEXC aims to not only increase transaction volumes but also enhance trader-follower relationships on its platform.
In an earlier report, we noted that MEXC launches LINEA Launchpad with 6.8M tokens and $10,000 USDT in rewards.
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