#WCTC交易赛瓜分800万USDT

The most comprehensive guide to the WCTC trading competition - Beginners and experts, check it out

Gate Exchange is buzzing again! The WCTC trading competition with a total prize pool of 8 million USDT is here. Without further ado, let’s talk about how to participate:

1. Basic rules and settings of the competition

Knowing the facts helps understand the reasons. First, let’s review the competition format and rules.

Event timeline: Registration period: April 14, 16:00 - May 20, 16:00

Individual competition: April 23, 16:00 - May 20, 16:00

PK match: April 23, 16:00 - May 20, 16:00

Team competition first half: April 23, 16:00 - May 7, 00:00

Team competition second half: May 7, 00:00 - May 20, 16:00

Event setup: Team trading competition - participate as a team, with at least 5 members per team, with events for team trading volume and team profit.

Individual trading competition - rankings based on total trading volume during the competition period, with a maximum prize of 2,000,000 USDT.

King PK match - initiate a PK on the page to enter the matching user pool. The system will match opponents with similar trading volume and asset level based on user history, start a 2-hour match, where users can place orders via contracts or TradFi channels. Win or lose is determined by yield, with points awarded for wins, and rewards based on rankings on the leaderboard.

Bonus activities - includes a “Team Momentum Award,” sharing 20,000 USDT based on team size. New users can receive a 20 USDT position experience voucher upon registration. Daily free treasure chests are also distributed.

Eligibility: Anyone registered on Gate Exchange who has completed basic account setup such as real-name verification qualifies. Minimum team size for team competitions is 5.

Reward qualification: For team events, participants must have a total trading volume of at least 20,000 USDT during the official competition to qualify for rewards. For individual events, the same minimum trading volume applies.

Trading volume = (User’s spot trading volume + ETF trading volume + instant swap trading volume) × 150% + contract trading volume during the competition + TradFi trading volume during the competition × 10%; Profit = contract profit during the competition + TradFi profit during the competition.

2. Expert participation strategies

Whether you are a volume king or a yield master, follow this guide.

1. Individual competition: No need to elaborate, it’s for high-volume traders. If your trading volume is high enough, all top 1000 will receive rewards.

2. Team competition: The team leader gets 40% of the team rewards. The top 10 traders by volume share 20% of the team rewards. The remaining 40% is split among other team members. If you’re a big player, besides helping your team increase trading volume and profits, you should also compete internally, aiming to rank in the top 10 for trading volume.

3. PK match: Since matches are random, you can’t control your opponent. The only thing you can control is yourself. Play steadily, don’t “waste” moves, follow your usual trading style and discipline. Also, try to match often—more matches mean more points. But don’t open trades just for the competition; your money is your own. When you have a short-term trading idea, match an opponent first, then open the trade.

3. Beginner wool-harvesting strategies

1. Bonus activity: Since rankings and rewards depend on team size, if you’re not particular about it, choose a team with more members.

2. Treasure chest lottery: Each chest opened offers chances to win gold, position experience vouchers, cash, and Gate merchandise. Complete tasks to earn rewards. First, trading contracts, spot trading, and sharing activities are essential. Plus, daily free treasure chests are given out—be quick!

3. Winning conditions: Remember, whether individual or team, total trading volume must be at least 20,000 USDT to qualify for rewards.

4. Participation strategies

(1) Personal competition strategy
Trading instrument selection: Different cryptocurrencies have different risk and return profiles. Choose based on your experience, risk tolerance, and market conditions. Beginners should pick large-cap, highly liquid, relatively stable coins like Bitcoin (BTC) and Ethereum (ETH). These have good liquidity and lower trading risks. Experienced traders can explore promising altcoins but should control position sizes to avoid over-speculation and losses.

Timing: Market conditions change rapidly. Accurate timing is key to profits. Use technical analysis—study candlestick charts, moving averages, MACD, etc., to predict price trends. Fundamental analysis involves evaluating project background, team strength, use cases, and long-term value.

Risk management: Risk control is crucial. Set stop-loss and take-profit points. When the price hits stop-loss, close the position to prevent further losses. When it hits take-profit, lock in gains. Manage your position size reasonably—generally 30-50% of your total funds. Adjust based on market conditions.

(2) Team competition strategy
Create a trading plan: Based on team goals and market trends, develop a detailed trading plan covering instrument choices, timing, position control, stop-loss/take-profit settings, etc. Follow the plan strictly to avoid impulsive or emotional trading. Adjust the plan as needed to stay on track.

That’s all for now. Hope this helps everyone. Wishing you great success in Season 8 of WCTC, and may you get rich every day!