06.08.2024
Mirjan Hipolito
Cryptocurrency and stock expert
06.08.2024

Kot4x has launched a summer trading contest with a prize pool of $300,000

Kot4x has launched a summer trading contest with a prize pool of $300,000 Kot4x has launched a summer trading contest with a prize pool of $300,000

​In a bid to engage its trading community and attract new participants, Kot4x has announced the launch of its Summer Trading Contest. 

The competition, which offers substantial cash prizes, is designed to encourage both novice and experienced traders to showcase their skills and compete in a dynamic and challenging environment.

The Kot4x Summer Trading Contest is set to run over the next several weeks, starting from market open between August 4th- August 5th and ending at the close of the NY trading session on August 16th, 2024. It provides participants with an opportunity to trade a variety of assets, including forex, commodities, indices, and cryptocurrencies. The contest aims to test the traders' strategies and market insights, with the ultimate goal of achieving the highest returns within the contest period.

According to Kot4x, registration will close on August 10th. Funded accounts, funded challenges, and cash prizes are among the rewards that the 25 victorious traders. Participants will be ranked based on their trading performance, with the top performers receiving significant cash prizes.

Kot4x emphasized that trading on weekends and trading on news is allowed within the framework of the contest, but the use of trading bots in the contest is prohibited. The winners will be the participants with the highest profit at the end of the contest.

To participate in the contest, traders need to have an active account with Kot4x. Those interested can register for the contest through the Kot4x platform, where they will find detailed instructions and guidelines. Once registered, traders can start trading and will automatically be entered into the competition.

Kot4x has emphasized the importance of responsible trading and has provided educational resources and risk management tools to help participants make informed decisions. The platform also offers a demo account feature, allowing traders to practice their strategies before participating in the contest.

Read also: Robinhood suspends 24/7 trading on Monday

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