Deribit highlights two hours left to qualify for Bali Trip draw in ‘The Island’ trading competition

Deribit highlights two hours left to qualify for Bali Trip draw in ‘The Island’ trading competition
Deribit hosts new team trading competition

Deribit announced that there are two hours remaining for teams to reach a cumulative daily trading volume milestone as part of its ongoing trading competition, in which top-performing traders may become eligible for a Bali trip prize draw and daily USDC rewards based on qualified trading activity.

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Deribit, in partnership with SignalPlus, is running the fifth edition of its team-based trading competition 'The Island,' which is structured around daily and weekly trading missions, team milestones, and individual achievements. As part of the event, teams that reach a daily cumulative trading volume of 15 million within a specified period can qualify their top three traders for entry into a Bali Trip draw, while all members who achieve at least 500,000 in valid trading volume after joining become eligible for a daily share of 100 USDC. The wider competition features a range of mechanics including team and solo leaderboards, deposit incentives, reward multipliers, and referral bonuses, with a total prize pool of up to $600,000 USDC. Eligibility and trading metrics are specifically based on activity through the SignalPlus platform, with detailed terms outlined in the event’s published rules.

How to join the promotion

To take part in Deribit's "The Island" trading competition, users need to register for the event via SignalPlus, then accumulate eligible trading volume in options and futures using the platform. Participation includes forming or joining a team, aiming for daily trading volume milestones to unlock prize draws and USDC rewards. For full details and to get started, users can register via the official sign-up link.

Deribit is a cryptocurrency exchange established in 2016, focusing on futures and options trading with leverage up to 50x on assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform operates via the TradingView browser terminal and offers a mobile app, fixed low commissions, and features like stop loss and take profit orders. For more details, see the broker profile on Traders Union: full review on Traders Union.

For more information on prior developments, see the previous Deribit update on Traders Union, which covered the launch of 'The Island' trading competition and its associated rewards campaign.

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