MDDODO Posted 6 hours ago Posted 6 hours ago Competitions in crypto are evolving. Once dismissed as marketing gimmicks, some now resemble yield strategies, adding layers of return beyond trading P&L. Take the Spot Trading Championship on BingX, live until September 12. Instead of one-off cash prizes, rewards come as APR Booster Vouchers that temporarily lift yields for seven days. Rewards scale by rank top 10 traders earn a 100% APR boost, the next 20 get 80%, and so on down to 150th place. Voucher size equals 10% of trading volume capped at 30k. For example, 100k USDT in trades could secure a 10k voucher, generating about 191 USDT at peak rate. This shift highlights how contests can function as structured yield, not just vanity races. The question is: will trading competitions grow into a core yield strategy, or remain gamified side plays?
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