Singapore, May 9, 2022 — Registration for the long-awaited biannual global crypto futures trading competition King’s Cup Global Invitational (KCGI) — hosted by the leading global derivatives exchange Bitget — has officially opened. 

Participants can register for the competition from now until May 20, at 2 am UTC, while the actual competition will take place from May 20, 2 am UTC, to June 10, 2 am UTC.

Since registration for KCGI 2022 has officially started, a record number of close to 500 registrants was recorded, representing a positive response from the community for the long-awaited return of this trading competition. Following the momentum of last year’s popularity, the prize pool for KCGI 2022 has been doubled to 200 Bitcoin (BTC). Apart from financial prizes, a variety of gifts are also up for grabs, including Bose speakers, folding bikes, premium gaming chairs, LG StanByMe display screens and more. 

KCGI first debuted in late 2021 and attracted close to 10,000 participants when it was first introduced to Bitget users. KCGI consists of two competing formats: a team battle and an individual competition. Users with at least 300 Tether (USDT) in their futures account at the time of application will be eligible to participate in this year’s KCGI.

Commenting on this year’s KCGI, Sandra Lou, CEO of Bitget, said, “We are extremely thrilled for registrations to officially open. Given the positive response so far, we are confident that it will continue to generate interest in the days to come. To show our gratitude for the support from the Bitget family, we have doubled the prize pool to 200 BTC. May the best team and participants win.”

For more information on KCGI, visit bitget.com/en/kcgi/spring/2022. 

About Bitget

Established in 2018, Bitget is one of the world’s leading cryptocurrency exchanges. Currently serving more than 2 million users in 50-plus countries worldwide, Bitget accelerated its mission to promote decentralized finance (DeFi) in 2021 with a 500-strong workforce spanning more than 20 countries. 

Since Bitget’s official launch in the crypto derivatives market in June 2019, the platform has now become one of the world’s largest crypto copy-trading and derivatives exchanges and is ranked in the top five globally by CoinMarketCap and CoinGecko for derivatives trading by volume. Bitget’s flagship product, One-Click Copy Trade, has attracted more than 20,000 copy traders, innovating the experience for crypto derivatives traders worldwide.

Adhering closely to its philosophy of “Better trading, better life,” Bitget is committed to providing comprehensive and secure trading solutions to users globally. The platform aims to be the portal that transcends Web2 and Web3 and connects centralized finance and DeFi, resulting in an expansive bridge to the vast web of crypto.

In September 2021, Bitget announced its sponsorship of world-renowned football team Juventus as its first-ever sleeve partner and PGL Major’s official esports crypto partner soon afterward. Partnerships with the leading esports organization, Team Spirit, and Turkey’s leading and long-standing football club, Galatasaray, were also announced in early 2022.

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For media queries, contact andrea.leung@bitget.com.