BiRui launches new XRP trading competition with prizes up to $50,000

Leading XRP exchange Bitrue has launched another XRP-centric trading competition, with participants having the chance to win $50,000 in prizes.
Bitrue revealed details about this new trading competition via its official X account and website. According to the announcement, this is a spot trading competition specifically for new XRP trading pairs listed on the exchange.
Bitrue XRP Trading Competition
Notably, Bitrue recently listed XRP trading pairs for well-known meme coins such as Shiba Inu, PEPE, BONK, and Ordinal (ORDI). Other XRP-related utility coins that Bitrue has recently listed include Optimism (OP), Xahau (XAH), Worldcoin (WLD), and Uniswap (UNI).
Therefore, the exchange has launched spot trading competitions specifically for these trading pairs: SHIBXRP, PEPEXRP, BONKXRP, ORDIXRP, XAHXRP, OPXRP, WLDXRP, and UNIXRP. Users can trade any of them and participate in sharing the total prize pool of $50,000.
It is worth noting that the Bitrue exchange launched the XRP trading competition on March 21, which will last for a week. Currently, there are six days and two hours left until the end of the competition.
Rewards are structured based on the number of participants. The prize pool is $1,000 for between 1 and 500 participants, increasing to $3,000 for between 501 and 1,001 participants.
So far, 2,527 traders have participated in the XRP trading competition, with a total prize pool of $16,000. If the number of participants exceeds 5,000, Bitrue plans to increase the prize pool to $50,000.
Competition Period
It is worth mentioning that the prize distribution is based on trading volume ranking. The first place winner will receive 20% of the prize pool, the second place winner will receive 15%, and the third place winner will receive 10%. At the same time, the 4th to 30th rankings will share the 10% reward.
In addition, the rankings from 31st to 100th share 15%, while other participants below 100th share the remaining 20%.
Notably, Bitrue has specific eligibility criteria for the event. Only those who have successfully registered are eligible to participate. Secondly, market traders are excluded from participation and are not eligible for incentives.
In addition, Bitrue will deposit the rewards in the form of USDT into the user’s futures trading wallet within two weeks after the end of the competition.
It is worth noting that this is not the first time such a competition has appeared on the Bitrue exchange. Last month, the exchange launched a similar XRP trading competition with a total prize pool of $1 million.
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